Reach Resources Limited

ASX:RR1 Stock Report

Market Cap: AU$6.1m

Reach Resources Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jeremy Bower

Chief executive officer

AU$242.1k

Total compensation

CEO salary percentage82.6%
CEO tenure2.8yrs
CEO ownership0.6%
Management average tenureno data
Board average tenure3.6yrs

Recent management updates

Recent updates

Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

Sep 23
Here's Why We're Watching Reach Resources' (ASX:RR1) Cash Burn Situation

CEO Compensation Analysis

How has Jeremy Bower's remuneration changed compared to Reach Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$242kAU$200k

AU$2m

Mar 31 2024n/an/a

-AU$456k

Dec 31 2023n/an/a

-AU$3m

Sep 30 2023n/an/a

-AU$3m

Jun 30 2023AU$250kAU$161k

-AU$3m

Mar 31 2023n/an/a

-AU$2m

Dec 31 2022n/an/a

-AU$529k

Sep 30 2022n/an/a

-AU$490k

Jun 30 2022AU$88kAU$23k

-AU$451k

Compensation vs Market: Jeremy's total compensation ($USD151.41K) is below average for companies of similar size in the Australian market ($USD291.23K).

Compensation vs Earnings: Jeremy's compensation has been consistent with company performance over the past year.

CEO

Jeremy Bower

2.8yrs

Tenure

AU$242,087

Compensation

Mr. Jeremy Bower, BSc, (Soil Science/Botany), MAICD, serves as Chief Executive Officer at Reach Resources Limited since March 23, 2022. He served as the Chief Executive Officer of Pluton Resources Limited...

Board Members

NamePositionTenureCompensationOwnership
Robert Downey
Non-Executive Chairman3.6yrsAU$76.88k0.091%
A$ 5.6k
Sam Wright
Independent Directorless than a yearAU$49.88k0.091%
A$ 5.6k
Matthew O'Kane
Non-Executive Director3.6yrsAU$49.88kno data

3.6yrs

Average Tenure

Experienced Board: RR1's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:05
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Reach Resources Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution