ReadCloud Management
Management criteria checks 1/4
ReadCloud's CEO is Andrew Skelton, appointed in May 2023, has a tenure of 1.67 years. total yearly compensation is A$609.54K, comprised of 67.8% salary and 32.2% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth A$76.24K. The average tenure of the management team and the board of directors is 1.7 years and 6.1 years respectively.
Key information
Andrew Skelton
Chief executive officer
AU$609.5k
Total compensation
| CEO salary percentage | 67.8% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Here's Why We Think ReadCloud Limited's (ASX:RCL) CEO Compensation Looks Fair
Nov 16
A Look At ReadCloud's (ASX:RCL) CEO Remuneration
Feb 22ReadCloud (ASX:RCL) Shareholders Have Enjoyed A 69% Share Price Gain
Jan 27ReadCloud Limited's (ASX:RCL) Has Found A Path To Profitability
Dec 23This Insider Has Just Sold Shares In ReadCloud Limited (ASX:RCL)
Nov 25
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -AU$1m |
| Jun 30 2024 | AU$610k | AU$413k | -AU$1m |
| Mar 31 2024 | n/a | n/a | -AU$2m |
| Dec 31 2023 | n/a | n/a | -AU$2m |
| Sep 30 2023 | n/a | n/a | -AU$2m |
| Jun 30 2023 | AU$444k | AU$150k | -AU$3m |
Compensation vs Market: Andrew's total compensation ($USD379.52K) is above average for companies of similar size in the Australian market ($USD283.90K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
CEO
Andrew Skelton
1.7yrs
Tenure
AU$609,542
Compensation
Mr. Andrew Skelton is Chief Executive Officer of ReadCloud Limited since May 15, 2023. He is business and technology executive with leadership experience. He had been the Managing Director of A2B Australia...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.7yrs | AU$609.54k | 0.54% A$ 73.8k | |
| Co-Founder | no data | AU$173.07k | 6.37% A$ 865.3k | |
| CFO & Company Secretary | 6.3yrs | AU$284.25k | 0.21% A$ 28.5k | |
| Executive Director & Chief Information Officer | 1.7yrs | AU$260.29k | 5.08% A$ 690.1k |
1.7yrs
Average Tenure
Experienced Management: RCL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | AU$173.07k | 6.37% A$ 865.3k | |
| Executive Director & Chief Information Officer | 9.4yrs | AU$260.29k | 5.08% A$ 690.1k | |
| Independent Non-Executive Director | 7.9yrs | AU$60.07k | 2.23% A$ 302.2k | |
| Independent Non-Executive Chairman | 4.3yrs | AU$80.09k | 1.36% A$ 185.4k | |
| Non-Executive Director | 1.9yrs | AU$60.07k | 4.02% A$ 546.7k |
6.1yrs
Average Tenure
Experienced Board: RCL's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 16:35 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
| |
| Ownership | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
ReadCloud Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Graeme Carson | RaaS Advisory Pty Ltd |