Spenda Limited

ASX:SPX Stock Report

Market Cap: AU$46.0m

Spenda Management

Management criteria checks 2/4

Spenda's CEO is Adrian Floate, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is A$683.65K, comprised of 45.1% salary and 54.9% bonuses, including company stock and options. directly owns 6.67% of the company’s shares, worth A$3.07M. The average tenure of the management team and the board of directors is 3.8 years and 7 years respectively.

Key information

Adrian Floate

Chief executive officer

AU$683.7k

Total compensation

CEO salary percentage45.1%
CEO tenure6.3yrs
CEO ownership6.7%
Management average tenure3.8yrs
Board average tenure7yrs

Recent management updates

Recent updates

Spenda (ASX:SPX) Is Using Debt Safely

Dec 13
Spenda (ASX:SPX) Is Using Debt Safely

Here's Why Spenda (ASX:SPX) Can Manage Its Debt Despite Losing Money

Apr 12
Here's Why Spenda (ASX:SPX) Can Manage Its Debt Despite Losing Money

Spenda (ASX:SPX) Is Using Debt Safely

Dec 02
Spenda (ASX:SPX) Is Using Debt Safely

Is Spenda (ASX:SPX) A Risky Investment?

Jun 20
Is Spenda (ASX:SPX) A Risky Investment?

Is Spenda (ASX:SPX) Using Too Much Debt?

Mar 03
Is Spenda (ASX:SPX) Using Too Much Debt?

A Look At Cirralto's (ASX:CRO) CEO Remuneration

Mar 01
A Look At Cirralto's (ASX:CRO) CEO Remuneration

CEO Compensation Analysis

How has Adrian Floate's remuneration changed compared to Spenda's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$684kAU$308k

-AU$13m

Mar 31 2024n/an/a

-AU$12m

Dec 31 2023n/an/a

-AU$11m

Sep 30 2023n/an/a

-AU$11m

Jun 30 2023AU$474kAU$254k

-AU$11m

Mar 31 2023n/an/a

-AU$30m

Dec 31 2022n/an/a

-AU$50m

Sep 30 2022n/an/a

-AU$50m

Jun 30 2022AU$702kAU$241k

-AU$50m

Mar 31 2022n/an/a

-AU$33m

Dec 31 2021n/an/a

-AU$16m

Sep 30 2021n/an/a

-AU$14m

Jun 30 2021AU$4mAU$291k

-AU$11m

Mar 31 2021n/an/a

-AU$9m

Dec 31 2020n/an/a

-AU$7m

Sep 30 2020n/an/a

-AU$7m

Jun 30 2020AU$416kAU$275k

-AU$7m

Mar 31 2020n/an/a

-AU$7m

Dec 31 2019n/an/a

-AU$6m

Sep 30 2019n/an/a

-AU$6m

Jun 30 2019AU$597kAU$275k

-AU$6m

Mar 31 2019n/an/a

-AU$6m

Dec 31 2018n/an/a

-AU$7m

Sep 30 2018n/an/a

-AU$7m

Jun 30 2018AU$566kAU$275k

-AU$6m

Compensation vs Market: Adrian's total compensation ($USD427.58K) is above average for companies of similar size in the Australian market ($USD291.73K).

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

CEO

Adrian Floate

6.3yrs

Tenure

AU$683,654

Compensation

Mr. Adrian Floate is the Founder of Cirralto. Mr. Floate has been the Managing Director of Spenda Limited (formerly known as Cirralto Limited) since September 2018 and serves as its Executive Director and...

Leadership Team

NamePositionTenureCompensationOwnership
Adrian Floate
MD, CEO & Executive Director6.3yrsAU$683.65k6.67%
A$ 3.1m
Richard Alan Jarvis
Chief Financial Officer4.1yrsAU$473.63k0.96%
A$ 440.0k
Corrie Hassan
Chief Operating Officerno dataAU$384.58k0.57%
A$ 261.4k
David Wood
Chief Product Officer3.6yrsAU$409.68k2.3%
A$ 1.1m
Andrew Hilton
Chief Commercial Officer3.4yrsAU$309.27k1.4%
A$ 642.5k
Justyn Stedwell
Company Secretaryno dataAU$36.00kno data

3.8yrs

Average Tenure

Experienced Management: SPX's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Adrian Floate
MD, CEO & Executive Director9.5yrsAU$683.65k6.67%
A$ 3.1m
Peter Richards
Non-Executive Independent Chairman7yrsAU$340.29k1.24%
A$ 569.6k
Andrew Kearnan
Non Executive Directorless than a yearAU$6.32kno data
Stephen Dale
Non-Executive Director10.7yrsAU$159.59k0.037%
A$ 16.9k
David Laird
Non-Executive and Independent Director1.3yrsAU$76.46kno data

7.0yrs

Average Tenure

Experienced Board: SPX's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:14
End of Day Share Price 2024/12/20 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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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

Spenda Limited is covered by 1 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
Cyprus SiaSpark Plus Pte Ltd