Megaport Limited

CHIA:MP1 Stock Report

Market Cap: AU$1.3b

Megaport Management

Management criteria checks 3/4

Megaport's CEO is Michael Reid, appointed in May 2023, has a tenure of 1.58 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$1.75M. The average tenure of the management team and the board of directors is 1.3 years and 3.5 years respectively.

Key information

Michael Reid

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage69.5%
CEO tenure1.6yrs
CEO ownership0.1%
Management average tenure1.3yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Reid's remuneration changed compared to Megaport's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD967.05K) is about average for companies of similar size in the Australian market ($USD1.06M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.

CEO

Michael Reid

1.6yrs

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 Director1.6yrsAU$1.52m0.14%
A$ 1.8m
Leticia Dorman
Chief Financial Officer1.8yrsAU$4.19m0.010%
A$ 132.1k
Darren Wilson
Chief Operating Officer6.3yrsno datano data
Cameron Daniel
Chief Technology Officer8.3yrsno datano data
Jemima Harris
Chief Legal Officer1.9yrsno datano data
Henry Wagner
Chief Marketing Officerless than a yearno datano data
Brynn Maddux
Executive Vice President of Terraforming Americasno datano datano data
Brent Van Dussen
Principal Engineerno datano datano data
Matt Simpson
Executive VPless than a yearno datano data
Misha Cetrone
Executive Vice President of NAM & Global Alliancesless than a yearno datano data
Adam Mitchell
Chief Strategy Officerless than a yearno datano data
Abbey Byfield
Executive Vice President of GTM Transformationless than a yearno datano data

1.3yrs

Average Tenure

Experienced Management: MP1's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Michael Reid
CEO & Executive Director1.6yrsAU$1.52m0.14%
A$ 1.8m
Jay Adelson
Independent Non-Executive Director5.8yrsAU$211.46k0.014%
A$ 173.3k
Michael Klayko
Non-Executive Director3.8yrsAU$184.81k0.0025%
A$ 31.6k
Melinda Snowden
Non-Executive Chairman of the Board3.5yrsAU$197.17k0.011%
A$ 141.8k
Glo Gordon
Non-Executive Director3.4yrsAU$199.81k0.0025%
A$ 31.6k

3.5yrs

Average Tenure

Experienced Board: MP1's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 05:32
End of Day Share Price 2024/12/17 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

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 .

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
Russell WrightBarclay Pearce Capital Pty Limited
April LowisBarrenjoey Markets Pty Limited
Eric ChoiBarrenjoey Markets Pty Limited