Megaport Limited

ASX:MP1 Stock Report

Market Cap: AU$1.8b

Megaport Management

Management criteria checks 2/4

Megaport's CEO is Michael Reid, appointed in May 2023, has a tenure of 1.75 years. total yearly compensation is A$1.52M, comprised of 69.5% salary and 30.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth A$2.50M. The average tenure of the management team and the board of directors is 1.5 years and 3.6 years respectively.

Key information

Michael Reid

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage69.5%
CEO tenure1.8yrs
CEO ownership0.1%
Management average tenure1.5yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Subdued Growth No Barrier To Megaport Limited (ASX:MP1) With Shares Advancing 27%

Feb 06
Subdued Growth No Barrier To Megaport Limited (ASX:MP1) With Shares Advancing 27%

Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk

Sep 03
Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk

Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality

Aug 28
Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality

We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt

Jun 03
We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt

Revenues Tell The Story For Megaport Limited (ASX:MP1)

May 21
Revenues Tell The Story For Megaport Limited (ASX:MP1)

At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

May 05
At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price

Apr 21
Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price

Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price

Mar 24
Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price

The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts

Feb 21
The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts

Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge

Feb 09
Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge

Revenues Tell The Story For Megaport Limited (ASX:MP1)

Dec 26
Revenues Tell The Story For Megaport Limited (ASX:MP1)

Why Megaport Limited (ASX:MP1) Could Be Worth Watching

Dec 11
Why Megaport Limited (ASX:MP1) Could Be Worth Watching

Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?

Nov 27
Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?

Is Megaport (ASX:MP1) Using Debt In A Risky Way?

Oct 03
Is Megaport (ASX:MP1) Using Debt In A Risky Way?

An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued

Aug 16
An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued

Is It Too Late To Consider Buying Megaport Limited (ASX:MP1)?

Jul 04
Is It Too Late To Consider Buying Megaport Limited (ASX:MP1)?

Is Megaport (ASX:MP1) Using Too Much Debt?

May 25
Is Megaport (ASX:MP1) Using Too Much Debt?

Should You Investigate Megaport Limited (ASX:MP1) At AU$4.80?

Mar 13
Should You Investigate Megaport Limited (ASX:MP1) At AU$4.80?

Is Megaport Limited (ASX:MP1) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 01
Is Megaport Limited (ASX:MP1) Expensive For A Reason? A Look At Its Intrinsic Value

Is It Time To Consider Buying Megaport Limited (ASX:MP1)?

Dec 07
Is It Time To Consider Buying Megaport Limited (ASX:MP1)?

Increases to Megaport Limited's (ASX:MP1) CEO Compensation Might Cool off for now

Nov 16
Increases to Megaport Limited's (ASX:MP1) CEO Compensation Might Cool off for now

Megaport Limited (ASX:MP1) Shares Could Be 25% Below Their Intrinsic Value Estimate

Oct 16
Megaport Limited (ASX:MP1) Shares Could Be 25% Below Their Intrinsic Value Estimate

Megaport (ASX:MP1) Has Debt But No Earnings; Should You Worry?

Sep 29
Megaport (ASX:MP1) Has Debt But No Earnings; Should You Worry?

Is Megaport (ASX:MP1) Using Debt In A Risky Way?

Jun 27
Is Megaport (ASX:MP1) Using Debt In A Risky Way?

Is Megaport (ASX:MP1) Using Debt In A Risky Way?

Mar 06
Is Megaport (ASX:MP1) Using Debt In A Risky Way?

CEO Compensation Analysis

How has Michael Reid's remuneration changed compared to Megaport's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

AU$6m

Sep 30 2024n/an/a

AU$8m

Jun 30 2024AU$2mAU$1m

AU$10m

Mar 31 2024n/an/a

AU$9m

Dec 31 2023n/an/a

AU$8m

Sep 30 2023n/an/a

-AU$810k

Jun 30 2023AU$1mAU$133k

-AU$10m

Compensation vs Market: Michael's total compensation ($USD969.20K) is about average for companies of similar size in the Australian market ($USD1.07M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Michael Reid

1.8yrs

Tenure

AU$1,524,450

Compensation

Mr. Michael Reid served as Chief Revenue Officer for ThousandEyes of Cisco. He serves as Chief Executive Officer and Executive Director of Megaport Limited since May 15, 2023. Mr. Reid brings industry expe...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Reid
CEO & Executive Director1.8yrsAU$1.52m0.14%
A$ 2.5m
Leticia Dorman
Chief Financial Officer1.9yrsAU$4.19m0.010%
A$ 188.1k
Darren Wilson
Chief Operating Officer6.5yrsno datano data
Cameron Daniel
Chief Technology Officer8.4yrsno datano data
Jemima Harris
Chief Legal Officer2.1yrsno datano data
Henry Wagner
Chief Marketing Officer1.1yrsno datano data
Brynn Maddux
Executive Vice President of Terraforming Americasno datano datano data
Brent Van Dussen
Principal Engineerno datano datano data
Matt Simpson
Executive VP1.2yrsno datano data
Misha Cetrone
Executive Vice President of NAM & Global Alliances1.2yrsno datano data
Adam Mitchell
Chief Strategy Officer1.2yrsno datano data
Abbey Byfield
Executive Vice President of GTM Transformation1.2yrsno datano data

1.5yrs

Average Tenure

Experienced Management: MP1's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Michael Reid
CEO & Executive Director1.8yrsAU$1.52m0.14%
A$ 2.5m
Jay Adelson
Independent Non-Executive Director5.9yrsAU$211.46k0.014%
A$ 246.8k
Michael Klayko
Non-Executive Director3.9yrsAU$184.81k0.0025%
A$ 45.0k
Melinda Snowden
Non-Executive Chairman of the Board3.7yrsAU$197.17k0.011%
A$ 202.0k
Mohit Lad
Non Executive Directorless than a yearno datano data
Glo Gordon
Non-Executive Director3.6yrsAU$199.81k0.0025%
A$ 45.0k
Grant Dempsey
Non Executive Directorless than a yearno datano data

3.6yrs

Average Tenure

Experienced Board: MP1's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 09:12
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
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.

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 Github.

Analyst Sources

Megaport Limited is covered by 22 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
April LowisBarrenjoey Markets Pty Limited
Eric ChoiBarrenjoey Markets Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited