Adveritas Limited

ASX:AV1 Stock Report

Market Cap: AU$65.5m

Adveritas Management

Management criteria checks 2/4

Adveritas' CEO is Mathew Ratty, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is A$606.97K, comprised of 61.8% salary and 38.2% bonuses, including company stock and options. directly owns 3.48% of the company’s shares, worth A$2.28M. The average tenure of the management team and the board of directors is 4.6 years and 3.5 years respectively.

Key information

Mathew Ratty

Chief executive officer

AU$607.0k

Total compensation

CEO salary percentage61.8%
CEO tenure6.7yrs
CEO ownership3.5%
Management average tenure4.6yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Is Adveritas (ASX:AV1) A Risky Investment?

Sep 02
Is Adveritas (ASX:AV1) A Risky Investment?

We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully

Apr 05
We Think Adveritas (ASX:AV1) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate

May 06
We're Keeping An Eye On Adveritas' (ASX:AV1) Cash Burn Rate

Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?

Mar 14
Have Insiders Been Buying Adveritas Limited (ASX:AV1) Shares This Year?

Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?

Jan 20
Is Adveritas (ASX:AV1) In A Good Position To Deliver On Growth Plans?

Adveritas Limited (ASX:AV1) Insiders Increased Their Holdings

Nov 28
Adveritas Limited (ASX:AV1) Insiders Increased Their Holdings

CEO Compensation Analysis

How has Mathew Ratty's remuneration changed compared to Adveritas's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$607kAU$375k

-AU$12m

Mar 31 2024n/an/a

-AU$12m

Dec 31 2023n/an/a

-AU$12m

Sep 30 2023n/an/a

-AU$12m

Jun 30 2023AU$119kAU$358k

-AU$11m

Mar 31 2023n/an/a

-AU$10m

Dec 31 2022n/an/a

-AU$10m

Sep 30 2022n/an/a

-AU$9m

Jun 30 2022AU$706kAU$313k

-AU$9m

Mar 31 2022n/an/a

-AU$8m

Dec 31 2021n/an/a

-AU$8m

Sep 30 2021n/an/a

-AU$8m

Jun 30 2021AU$470kAU$301k

-AU$9m

Mar 31 2021n/an/a

-AU$9m

Dec 31 2020n/an/a

-AU$10m

Sep 30 2020n/an/a

-AU$10m

Jun 30 2020AU$896kAU$228k

-AU$9m

Mar 31 2020n/an/a

-AU$10m

Dec 31 2019n/an/a

-AU$10m

Sep 30 2019n/an/a

-AU$8m

Jun 30 2019AU$449kAU$235k

-AU$7m

Dec 31 2018n/an/a

-AU$6m

Sep 30 2018n/an/a

-AU$7m

Jun 30 2018AU$175kAU$114k

-AU$7m

Compensation vs Market: Mathew's total compensation ($USD398.90K) is above average for companies of similar size in the Australian market ($USD299.68K).

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

CEO

Mathew Ratty

6.7yrs

Tenure

AU$606,969

Compensation

Mr. Mathew Ratty has been the Chief Executive Officer of Adveritas Limited (formerly known as Tech Mpire Limited) since November 9, 2018 and serves as its Managing Director. Mr. Ratty served as Interim Man...

Leadership Team

NamePositionTenureCompensationOwnership
Mathew Ratty
Founder6.7yrsAU$606.97k3.48%
A$ 2.3m
Fiona Muir
Chief Financial Officer6.4yrsAU$256.86k0%
A$ 0
Matt Sutton
Chief Operating Officer2.8yrsAU$758.75kno data
Chadwick Kinlay
Chief Marketing Officer2.8yrsAU$325.44kno data
Elie Shuggi
Chief Product Officer2yrsAU$429.54kno data
Susan Park
Company Secretary7.2yrsAU$56.04kno data

4.6yrs

Average Tenure

Experienced Management: AV1's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mathew Ratty
Founder7.8yrsAU$606.97k3.48%
A$ 2.3m
Mark McConnell
Non-Executive Director5.8yrsAU$23.92k0.32%
A$ 207.3k
Marc Phillips
Independent Non-Executive Directorless than a yearAU$4.87kno data
Joshua Peter Lowcock
Independent Non-Executive Chairman1.3yrsAU$27.50k0.11%
A$ 73.0k
Andrew Stott
Independent Non-Executive Director5.8yrsAU$23.73k0.14%
A$ 91.3k
Scott Thomson
Independent Non-Executive Directorless than a yearAU$4.87k0.13%
A$ 83.0k

3.5yrs

Average Tenure

Experienced Board: AV1's board of directors are considered experienced (3.5 years average tenure).