Sparc Technologies Limited

ASX:SPN Stock Report

Market Cap: AU$16.8m

Sparc Technologies Management

Management criteria checks 1/4

Sparc Technologies' CEO is Nick O’Loughlin, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is A$635.62K, comprised of 32.6% salary and 67.4% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth A$27.05K. The average tenure of the management team and the board of directors is 1.8 years and 4 years respectively.

Key information

Nick O’Loughlin

Chief executive officer

AU$635.6k

Total compensation

CEO salary percentage32.6%
CEO tenureless than a year
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

We're Not Very Worried About Sparc Technologies' (ASX:SPN) Cash Burn Rate

Jan 16
We're Not Very Worried About Sparc Technologies' (ASX:SPN) Cash Burn Rate

We're Keeping An Eye On Sparc Technologies' (ASX:SPN) Cash Burn Rate

Mar 08
We're Keeping An Eye On Sparc Technologies' (ASX:SPN) Cash Burn Rate

CEO Compensation Analysis

How has Nick O’Loughlin's remuneration changed compared to Sparc Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$636kAU$207k

-AU$4m

Mar 31 2024n/an/a

-AU$5m

Dec 31 2023n/an/a

-AU$5m

Sep 30 2023n/an/a

-AU$5m

Jun 30 2023AU$232kAU$113k

-AU$4m

Compensation vs Market: Nick's total compensation ($USD413.27K) is above average for companies of similar size in the Australian market ($USD298.50K).

Compensation vs Earnings: Nick's compensation has increased whilst the company is unprofitable.


CEO

Nick O’Loughlin (34 yo)

less than a year

Tenure

AU$635,617

Compensation

Mr. Nicholas Charles O’Loughlin, also known as Nick, was General Manager of Renewable Energy of Sparc Technologies Limited until January 29, 2024. Mr. Nicholas Charles O’Loughlin, also known as Nick, is MD...


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas O’Loughlin
MD & Directorless than a yearAU$635.62k0.16%
A$ 27.0k
Kristen Kubank
Chief Financial Officer1.7yrsAU$279.17kno data
Adrien Wing
Company Secretary4yrsAU$279.35k0.33%
A$ 54.7k
Denis Wright
General Manager of Grapheneno dataAU$401.27kno data
Paul Baccanello
Innovation1.8yrsno datano data

1.8yrs

Average Tenure

Experienced Management: SPN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nicholas O’Loughlin
MD & Directorless than a yearAU$635.62k0.16%
A$ 27.0k
Stephen Hunt
Non-Executive Chairman4yrsAU$2.30m8.25%
A$ 1.4m
Daniel Eddington
Non-Executive Director4yrsAU$292.46k3.16%
A$ 530.4k

4.0yrs

Average Tenure

Experienced Board: SPN's board of directors are considered experienced (4 years average tenure).