Accelerate Resources Management
Management criteria checks 2/4
Accelerate Resources' CEO is Luke Meter, appointed in Jan 2024, has a tenure of 1.58 years. total yearly compensation is A$286.99K, comprised of 41.8% salary and 58.2% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth A$3.35K. The average tenure of the management team and the board of directors is 1.6 years and 5.1 years respectively.
Key information
Luke Meter
Chief executive officer
AU$287.0k
Total compensation
| CEO salary percentage | 41.81% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.6yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -AU$2m |
| Sep 30 2024 | n/a | n/a | -AU$2m |
| Jun 30 2024 | AU$287k | AU$120k | -AU$3m |
Compensation vs Market: Luke's total compensation ($USD185.32K) is below average for companies of similar size in the Australian market ($USD290.87K).
Compensation vs Earnings: Insufficient data to compare Luke's compensation with company performance.
CEO
Luke Meter
Mr. Luke Meter is Chief Executive Officer of Accelerate Resources Limited from January 01, 2024. He was Exploration Manager of Artemis Resources Limited from July 17, 2022. Mr. Meter is a highly credential...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.6yrs | AU$286.99k | 0.053% A$ 3.3k | |
| Company Secretary & Independent Non-Executive Director | less than a year | AU$93.86k | 5.76% A$ 367.6k | |
| Chief Financial Officer | no data | no data | no data | |
| Exploration Manager | 4.8yrs | no data | no data |
Experienced Management: AX8's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Company Secretary & Independent Non-Executive Director | 8.2yrs | AU$93.86k | 5.76% A$ 367.6k | |
| Independent Non-Executive Chairman of the Board | 5.1yrs | AU$394.06k | 1.65% A$ 105.1k | |
| Non-Executive Director | 1.3yrs | AU$52.78k | 5.95% A$ 379.5k |
Experienced Board: AX8's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/03 09:29 |
| End of Day Share Price | 2025/08/01 00:00 |
| Earnings | 2024/12/31 |
| 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 |
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| 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.
Analysis Model and Snowflake
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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 Github.
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.