EROAD Limited

ASX:ERD Stock Report

Market Cap: AU$173.9m

EROAD Management

Management criteria checks 0/4

EROAD's CEO is Mark Heine, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is NZ$1.10M, comprised of 65% salary and 35% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth A$515.85K. The average tenure of the management team and the board of directors is 0.8 years and 2.7 years respectively.

Key information

Mark Heine

Chief executive officer

NZ$1.1m

Total compensation

CEO salary percentage65.0%
CEO tenureless than a year
CEO ownership0.3%
Management average tenureless than a year
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Heine's remuneration changed compared to EROAD's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NZ$400k

Jun 30 2024n/an/a

-NZ$350k

Mar 31 2024NZ$1mNZ$717k

-NZ$300k

Dec 31 2023n/an/a

-NZ$3m

Sep 30 2023n/an/a

-NZ$5m

Jun 30 2023n/an/a

-NZ$4m

Mar 31 2023NZ$883kNZ$723k

-NZ$3m

Compensation vs Market: Mark's total compensation ($USD622.85K) is above average for companies of similar size in the Australian market ($USD291.23K).

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

CEO

Mark Heine

less than a year

Tenure

NZ$1,103,247

Compensation

Mr. Mark Heine serves as an Executive Vice President and Company Secretary at EROAD Limited since April 08, 2022 and served as its CEO since April 08, 2022 until March 05, 2024 and serves as its CO-CEO sin...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Heine
Co-CEO, Executive VP & Company Secretaryless than a yearNZ$1.10m0.30%
A$ 515.9k
David Kenneson
Co-Chief Executive Officerless than a yearNZ$57.00kno data
Margaret Warrington
Chief Financial Officer2.6yrsNZ$391.04k0.063%
A$ 109.8k
Aaron Latimer
Chief Operating Officerno datano datano data
Duanne O'Brien
Chief Technology Officerless than a yearno datano data
Ksenija Chobanovich
General Counsel & Company Secretary2.7yrsno datano data
Mark Davidson
Executive Vice President of Sales & Marketingless than a yearno datano data
Shelley Prentice
Chief People Officerno datano datano data
Akinyemi Koyi
President of Product & Strategyno datano datano data
Steen Andersen
Chief Transformation Officer1.8yrsno datano data
Craig Marris
Chief Sustainability Officer & Executive VP of Mixed Fleetsno datano datano data
Dean Marris
Chief Data Science Officer & Executive VP of Constructionno datano datano data

0.8yrs

Average Tenure

Experienced Management: ERD's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Susan Paterson
Independent Chair5.8yrsNZ$138.93k0.090%
A$ 155.9k
Cameron Kinloch
Independent Non-Executive Directorless than a yearNZ$1.73kno data
Sara Gifford
Independent Director2.7yrsNZ$170.54k0.19%
A$ 332.6k
Barry Einsig
Independent Non-Executive Director4.9yrsNZ$180.58k0.039%
A$ 68.1k
David Green
Independent Director1.3yrsNZ$64.99k0.091%
A$ 158.3k

2.7yrs

Average Tenure

Experienced Board: ERD's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

EROAD Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris SavageBell Potter
Hamish MurrayBell Potter
Owen HumphriesCanaccord Genuity