Tesserent Limited

ASX:TNT Stock Report

Market Cap: AU$176.0m

Tesserent Management

Management criteria checks 1/4

Tesserent's CEO is Kurt Hansen, appointed in Jan 2021, has a tenure of 2.75 years. total yearly compensation is A$1.05M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth A$1.42M. The average tenure of the management team and the board of directors is 1.9 years and 3.8 years respectively.

Key information

Kurt Hansen

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage49.5%
CEO tenure2.8yrs
CEO ownership0.8%
Management average tenure1.9yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Does Tesserent (ASX:TNT) Have A Healthy Balance Sheet?

Dec 19
Does Tesserent (ASX:TNT) Have A Healthy Balance Sheet?

We Think Tesserent (ASX:TNT) Can Stay On Top Of Its Debt

Apr 29
We Think Tesserent (ASX:TNT) Can Stay On Top Of Its Debt

Tesserent (ASX:TNT) Is Making Moderate Use Of Debt

Jun 08
Tesserent (ASX:TNT) Is Making Moderate Use Of Debt

Tesserent (ASX:TNT) Is Making Moderate Use Of Debt

Mar 02
Tesserent (ASX:TNT) Is Making Moderate Use Of Debt

Can You Imagine How Elated Tesserent's (ASX:TNT) Shareholders Feel About Its 415% Share Price Gain?

Feb 04
Can You Imagine How Elated Tesserent's (ASX:TNT) Shareholders Feel About Its 415% Share Price Gain?

Is Tesserent Limited's (ASX:TNT) Shareholder Ownership Skewed Towards Insiders?

Dec 31
Is Tesserent Limited's (ASX:TNT) Shareholder Ownership Skewed Towards Insiders?

Don't Ignore The Fact That This Insider Just Sold Some Shares In Tesserent Limited (ASX:TNT)

Nov 26
Don't Ignore The Fact That This Insider Just Sold Some Shares In Tesserent Limited (ASX:TNT)

CEO Compensation Analysis

How has Kurt Hansen's remuneration changed compared to Tesserent's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023AU$1mAU$522k

-AU$5m

Mar 31 2023n/an/a

-AU$6m

Dec 31 2022n/an/a

-AU$7m

Sep 30 2022n/an/a

-AU$8m

Jun 30 2022AU$622kAU$435k

-AU$9m

Mar 31 2022n/an/a

-AU$5m

Dec 31 2021n/an/a

-AU$2m

Sep 30 2021n/an/a

-AU$3m

Jun 30 2021AU$476kAU$336k

-AU$5m

Mar 31 2021n/an/a

-AU$7m

Dec 31 2020n/an/a

-AU$10m

Sep 30 2020n/an/a

-AU$8m

Jun 30 2020AU$735kAU$333k

-AU$7m

Mar 31 2020n/an/a

-AU$7m

Dec 31 2019n/an/a

-AU$6m

Sep 30 2019n/an/a

-AU$5m

Jun 30 2019n/an/a

-AU$4m

Mar 31 2019n/an/a

-AU$4m

Dec 31 2018n/an/a

-AU$4m

Sep 30 2018n/an/a

-AU$3m

Jun 30 2018n/an/a

-AU$3m

Mar 31 2018n/an/a

-AU$3m

Dec 31 2017n/an/a

-AU$3m

Sep 30 2017n/an/a

-AU$3m

Jun 30 2017AU$272kAU$181k

-AU$3m

Compensation vs Market: Kurt's total compensation ($USD673.13K) is above average for companies of similar size in the Australian market ($USD300.74K).

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

CEO

Kurt Hansen

2.8yrs

Tenure

AU$1,053,925

Compensation

Mr. Kurt Hansen, Grad. Dip. Engg, serves as Chief Executive Officer of Tesserent Limited since 2021 and also serves as its Executive Director since December 12, 2019 and served as its Co-Chief Executive O...

Leadership Team

NamePositionTenureCompensationOwnership
Geoffrey Lord
Executive Chairman3.8yrsAU$350.45k7.99%
A$ 14.1m
Kurt Hansen
CEO, MD & Executive Director2.8yrsAU$1.05m0.80%
A$ 1.4m
James Jones
Group Chief Financial Officer2.5yrsAU$667.02kno data
George Katavic
Managing Partner of Tesserent Federal3.6yrsAU$826.38k0.59%
A$ 1.0m
Craig Humphreys
Managing Partner of Tesserent Cloud2.1yrsAU$599.44k1.51%
A$ 2.7m
Paul Taylor
General Counsel & Company Secretary1.3yrsno datano data
Samantha Riddle
Director of People & Culture1.8yrsno datano data
Julian Challingsworth
Chairman of Tesserent Innovation1.9yrsAU$228.83k0%
A$ 0
Patrick Butler
Managing Partner of SOC1.8yrsAU$334.21kno data
Duyen Tran
Managing Partner of Defend & Protectless than a yearno datano data
Scott Ceely
Chief Executive Officer of Seer Security3.3yrsno data3.6%
A$ 6.3m

1.9yrs

Average Tenure

Experienced Management: TNT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Geoffrey Lord
Executive Chairman3.8yrsAU$350.45k7.99%
A$ 14.1m
Kurt Hansen
CEO, MD & Executive Director3.8yrsAU$1.05m0.80%
A$ 1.4m
Gregory Baxter
Independent Non-Executive Director7.9yrsAU$175.23k0.42%
A$ 730.6k
Megan Haas
Independent Non-Executive Director2.8yrsAU$64.85k0.021%
A$ 36.6k
Tony Sheehan
Independent Non-Executive Directorless than a yearAU$8.90kno data

3.8yrs

Average Tenure

Experienced Board: TNT's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/07 09:02
End of Day Share Price 2023/09/25 00:00
Earnings2023/06/30
Annual Earnings2023/06/30

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

Tesserent Limited is covered by 2 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.

AnalystInstitution
Russell WrightEverBlu Research Pty Ltd
David McFadyenShaw and Partners Limited