Echo IQ Management

Management criteria checks 4/4

Echo IQ's CEO is Andrew Grover, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is A$302.64K, comprised of 91.3% salary and 8.7% bonuses, including company stock and options. directly owns 4.84% of the company’s shares, worth A$6.56M. The average tenure of the management team and the board of directors is 3.3 years and 4.5 years respectively.

Key information

Andrew Grover

Chief executive officer

AU$302.6k

Total compensation

CEO salary percentage91.3%
CEO tenureless than a year
CEO ownership4.8%
Management average tenure3.3yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Feb 13
Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Is Echo IQ (ASX:EIQ) In A Good Position To Deliver On Growth Plans?

Oct 07
Is Echo IQ (ASX:EIQ) In A Good Position To Deliver On Growth Plans?

Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

Jun 21
Here's Why We're Watching Echo IQ's (ASX:EIQ) Cash Burn Situation

We Think Houston We Have (ASX:HWH) Can Easily Afford To Drive Business Growth

May 07
We Think Houston We Have (ASX:HWH) Can Easily Afford To Drive Business Growth

CEO Compensation Analysis

How has Andrew Grover's remuneration changed compared to Echo IQ's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$303kAU$276k

-AU$5m

Mar 31 2024n/an/a

-AU$6m

Jun 30 2023AU$691kAU$240k

-AU$8m

Mar 31 2023n/an/a

-AU$8m

Dec 31 2022n/an/a

-AU$7m

Sep 30 2022n/an/a

-AU$7m

Jun 30 2022AU$1mAU$129k

-AU$6m

Mar 31 2022n/an/a

-AU$6m

Dec 31 2021n/an/a

-AU$6m

Sep 30 2021n/an/a

-AU$5m

Jun 30 2021AU$423kAU$120k

-AU$3m

Mar 31 2021n/an/a

-AU$2m

Dec 31 2020n/an/a

-AU$2m

Sep 30 2020n/an/a

-AU$2m

Jun 30 2020AU$311kAU$100k

-AU$3m

Compensation vs Market: Andrew's total compensation ($USD188.14K) is below average for companies of similar size in the Australian market ($USD283.29K).

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


CEO

Andrew Grover

less than a year

Tenure

AU$302,640

Compensation

Mr. Andrew Grover has been an Executive Chairman of Echo IQ Limited (formerly known as Houston We Have Limited (formerly known as Veriluma Limited (formerly known as Veriluma Pty Ltd.))) since May 24, 2019...


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Grover
Executive Chairman & Interim CEOless than a yearAU$302.64k4.84%
A$ 6.6m
Nianh Byrne
Finance Managerno datano datano data
Philip Woolff
Chief Operating Officer3.3yrsno datano data
Sean Bryceland
Chief Technology Officer3.3yrsno datano data
David Playford
Chief Medical Advisor3.3yrsno datano data
Donald Fowler
President of Echo IQ USA2.3yrsno datano data
Deon Strydom
Chief Commercial Officerno datano datano data
Geoffrey Strange
Chief Research & Strategy Officerno datano datano data
Jessamyn Lyons
Company Secretary & Director3.3yrsno datano data

3.3yrs

Average Tenure

Experienced Management: EIQ's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Grover
Executive Chairman & Interim CEO5.7yrsAU$302.64k4.84%
A$ 6.6m
Jessamyn Lyons
Company Secretary & Directorno datano datano data
Michael Mack
Advisory Board Memberno datano datano data
Stephen Picton
Independent Non-Executive Director3.3yrsAU$80.06k3.7%
A$ 5.0m
Kenneth Nelson
Non-Executive Directorless than a yearno datano data
Steven Formica
Independent Non-Executive Director6.5yrsAU$73.26k5.19%
A$ 7.0m
Huon Gray
Advisory Board Memberno datano datano data
Jordan Strom
Advisory Board Memberno datano datano data
Hashim Khan
Advisory Board Memberno datano datano data
Madeline Jankowski
Advisory Board Memberno datano datano data
David Ouyang
Advisory Board Memberno datano datano data
James Thomas
Advisory Board Memberno datano datano data

4.5yrs

Average Tenure

70yo

Average Age

Experienced Board: EIQ's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 00:56
End of Day Share Price 2025/01/02 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

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Industry and Sector Metrics

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Analyst Sources

Echo IQ 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