Develop Global Management
Management criteria checks 1/4
Develop Global's CEO is Bill Beament, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is A$2.03M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 18.58% of the company’s shares, worth A$118.11M. The average tenure of the management team and the board of directors is 1.9 years and 3.4 years respectively.
Key information
Bill Beament
Chief executive officer
AU$2.0m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 3.4yrs |
| CEO ownership | 18.6% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
There's No Escaping Develop Global Limited's (ASX:DVP) Muted Revenues Despite A 33% Share Price Rise
Oct 17
Revenues Working Against Develop Global Limited's (ASX:DVP) Share Price
Jan 04Companies Like Develop Global (ASX:DVP) Are In A Position To Invest In Growth
May 07Venturex Resources Limited (ASX:VXR): When Will It Breakeven?
Mar 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$383k | -AU$12m |
| Mar 31 2024 | n/a | n/a | -AU$14m |
| Dec 31 2023 | n/a | n/a | -AU$15m |
| Sep 30 2023 | n/a | n/a | -AU$17m |
| Jun 30 2023 | AU$2m | AU$246k | -AU$18m |
| Mar 31 2023 | n/a | n/a | -AU$13m |
| Dec 31 2022 | n/a | n/a | -AU$9m |
| Sep 30 2022 | n/a | n/a | -AU$9m |
| Jun 30 2022 | AU$288k | AU$249k | -AU$9m |
Compensation vs Market: Bill's total compensation ($USD1.26M) is above average for companies of similar size in the Australian market ($USD890.82K).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Beament (49 yo)
3.4yrs
Tenure
AU$2,029,700
Compensation
Mr. William James Beament, also known as Bill, B.Eng-Mining (Hons), MAICD, serves as Director of Essential Metals Limited since November 6, 2023. He serves as Managing Director at Develop Global Limited (f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.4yrs | AU$2.03m | 18.58% A$ 118.1m | |
| Chief Financial Officer | 1.9yrs | AU$547.46k | 0.013% A$ 80.9k | |
| General Counsel & Company Secretary | 1.5yrs | no data | no data | |
| Chief External Affairs Officer | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
Experienced Management: DVP's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.4yrs | AU$2.03m | 18.58% A$ 118.1m | |
| Independent Non-Executive Chairman | 3.5yrs | AU$165.68k | no data | |
| Non-Executive Director | 1.6yrs | AU$109.64k | no data | |
| Independent Non-Executive Director | 3.4yrs | AU$78.81k | 0.055% A$ 351.0k |
3.4yrs
Average Tenure
66yo
Average Age
Experienced Board: DVP's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:09 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Develop Global Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph House | Bell Potter |
| Tim McCormack | Canaccord Genuity |
| Andrew Knuckey | Commonwealth Bank of Australia |