Accelerate Resources Limited

CHIA:AX8 Stock Report

Market Cap: AU$4.3m

Accelerate Resources Management

Management criteria checks 2/4

Accelerate Resources' CEO is Luke Meter, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is A$286.99K, comprised of 41.8% salary and 58.2% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth A$2.72K. The average tenure of the management team and the board of directors is 1.8 years and 6 years respectively.

Key information

Luke Meter

Chief executive officer

AU$287.0k

Total compensation

CEO salary percentage41.8%
CEO tenureless than a year
CEO ownership0.06%
Management average tenure1.8yrs
Board average tenure6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Luke Meter's remuneration changed compared to Accelerate Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$287kAU$120k

-AU$3m

Compensation vs Market: Luke's total compensation ($USD178.87K) is below average for companies of similar size in the Australian market ($USD290.06K).

Compensation vs Earnings: Insufficient data to compare Luke's compensation with company performance.


CEO

Luke Meter

less than a year

Tenure

AU$286,991

Compensation

Mr. Luke Meter was Exploration Manager of Artemis Resources Limited from July 17, 2022. Mr. Meter is a highly credentialed geologist and mining executive with handson, exploration, development and corporat...


Leadership Team

NamePositionTenureCompensationOwnership
Luke Meter
Chief Executive Officerless than a yearAU$286.99k0.063%
A$ 2.7k
Yaxi Zhan
Company Secretary & Executive Director1.8yrsAU$586.73k1.1%
A$ 47.5k
Beverley Nichols
Chief Financial Officerno datano datano data
Kevin Joyce
Exploration Manager4.1yrsno datano data

1.8yrs

Average Tenure

Experienced Management: AX8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yaxi Zhan
Company Secretary & Executive Director7.8yrsAU$586.73k1.1%
A$ 47.5k
Grant Mooney
Independent Non-Executive Director7.5yrsAU$93.86k6.79%
A$ 292.2k
Richard Manners Hill
Independent Non-Executive Chairman of the Board4.4yrsAU$394.06k1.83%
A$ 78.9k
Mark Edward Thompson
Non-Executive Directorless than a yearAU$52.78k6.71%
A$ 288.8k

6.0yrs

Average Tenure

56yo

Average Age

Experienced Board: AX8's board of directors are considered experienced (6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 13:55
End of Day Share Price 2024/12/24 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

Accelerate 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