FirstWave Cloud Technology Limited

ASX:FCT Stock Report

Market Cap: AU$34.2m

FirstWave Cloud Technology Management

Management criteria checks 2/4

FirstWave Cloud Technology's CEO is Danny Maher, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is A$627.13K, comprised of 57.4% salary and 42.6% bonuses, including company stock and options. directly owns 14.75% of the company’s shares, worth A$5.04M. The average tenure of the management team and the board of directors is 2.3 years and 4.8 years respectively.

Key information

Danny Maher

Chief executive officer

AU$627.1k

Total compensation

CEO salary percentage57.4%
CEO tenure2.3yrs
CEO ownership14.7%
Management average tenure2.3yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Will Firstwave Cloud Technology (ASX:FCT) Spend Its Cash Wisely?

Feb 14
Will Firstwave Cloud Technology (ASX:FCT) Spend Its Cash Wisely?

Firstwave Cloud Technology's (ASX:FCT) Shareholders Are Down 35% On Their Shares

Jan 10
Firstwave Cloud Technology's (ASX:FCT) Shareholders Are Down 35% On Their Shares

CEO Compensation Analysis

How has Danny Maher's remuneration changed compared to FirstWave Cloud Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$13m

Sep 30 2023n/an/a

-AU$13m

Jun 30 2023AU$627kAU$360k

-AU$13m

Mar 31 2023n/an/a

-AU$11m

Dec 31 2022n/an/a

-AU$9m

Sep 30 2022n/an/a

-AU$11m

Jun 30 2022AU$558kAU$173k

-AU$13m

Compensation vs Market: Danny's total compensation ($USD409.76K) is above average for companies of similar size in the Australian market ($USD295.26K).

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


CEO

Danny Maher

2.3yrs

Tenure

AU$627,132

Compensation

Mr. Danny Maher has been the Chief Executive Officer at Firstwave Cloud Technology Limited since January 10, 2022 and serves as its Managing Director since January 27, 2022 and also serves as its Director....


Leadership Team

NamePositionTenureCompensationOwnership
Danny Maher
MD, CEO & Director2.3yrsAU$627.13k14.75%
A$ 5.0m
Iain Bartram
COO, CFO & Company Secretary3.7yrsAU$480.40k0.030%
A$ 10.2k
Dino Davanzo
Chief Revenue Officer1.4yrsAU$348.06kno data
Tony Bishop
Chief Information Security Officerno datano datano data

2.3yrs

Average Tenure

Experienced Management: FCT's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Danny Maher
MD, CEO & Directorno dataAU$627.13k14.75%
A$ 5.0m
John Grant
Non-Executive Chairman4.8yrsAU$185.20k0.23%
A$ 79.9k
Paul MacRae
Non-Executive Director16.1yrsAU$90.39k0.22%
A$ 73.6k
Raymond Kiley
Non-Executive Director2.3yrsAU$90.39k0.061%
A$ 20.9k

4.8yrs

Average Tenure

Experienced Board: FCT's board of directors are considered experienced (4.8 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.