Vonex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ian Porter

Chief executive officer

AU$150.0k

Total compensation

CEO salary percentage	10.4%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.5yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

Slammed 28% Vonex Limited (ASX:VN8) Screens Well Here But There Might Be A Catch

Feb 05

Trade Alert: The Non-executive Director Of Vonex Limited (ASX:VN8), Jason Gomersall, Has Just Spent AU$51k Buying A Few More Shares

Mar 12

Breakeven Is Near for Vonex Limited (ASX:VN8)

Jan 20

CEO Compensation Analysis

How has Ian Porter's remuneration changed compared to Vonex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$3m
Sep 30 2023	n/a	n/a	-AU$13m
Jun 30 2023	AU$150k	AU$16k	-AU$23m

Compensation vs Market: Ian's total compensation ($USD95.99K) is below average for companies of similar size in the Australian market ($USD288.89K).

Compensation vs Earnings: Insufficient data to compare Ian's compensation with company performance.

CEO

Ian Porter

less than a year

Tenure

AU$149,991

Compensation

Mr. Ian Porter is Chief Executive Officer of Vonex Limited from May 23, 2023. As Chief Operations Officer of iseek Pty Ltd, he was responsible for overseeing all technical and operational facets of the org...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ian Porter	Chief Executive Officer	less than a year	AU$149.99k	no data
Greg King	Chief Financial Officer	8.2yrs	AU$553.22k	no data
Christo Da Silva	Chief Technology Officer	3.8yrs	no data	no data
Mike Stabb	Company Secretary	1.1yrs	no data	no data

2.5yrs

Average Tenure

Experienced Management: VN8's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jason Gomersall	Non-Executive Director	4.2yrs	AU$66.23k	4.52% A$ 212.6k
Stephe Wilks	Non-Executive Chairman	1.5yrs	AU$88.40k	no data
Brent Paddon	Non-Executive Director	1.5yrs	AU$45.44k	0.12% A$ 5.9k

1.5yrs

Average Tenure

Experienced Board: VN8's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Vonex Management

Management criteria checks 2/4

Key information

Recent management updates

Vonex Limited, Annual General Meeting, Nov 29, 2023

Vonex Limited Announces CEO Changes

Non-Executive Director recently bought AU$203k worth of stock

No independent directors

Vonex Limited Announces Board Changes

Vonex Limited, Annual General Meeting, Nov 25, 2022

Recent updates

Now 29% undervalued after recent price drop

Slammed 28% Vonex Limited (ASX:VN8) Screens Well Here But There Might Be A Catch

Now 21% undervalued

Calculating The Fair Value Of Vonex Limited (ASX:VN8)

Now 23% undervalued after recent price drop

New major risk - Share price stability

Vonex Limited, Annual General Meeting, Nov 29, 2023

Now 23% undervalued after recent price drop

Estimating The Fair Value Of Vonex Limited (ASX:VN8)

Full year 2023 earnings released: AU$0.068 loss per share (vs AU$0.001 profit in FY 2022)

New minor risk - Financial data availability

Potential Upside For Vonex Limited (ASX:VN8) Not Without Risk

Vonex Limited Announces CEO Changes

Non-Executive Director recently bought AU$203k worth of stock

First half 2023 earnings released: AU$0.064 loss per share (vs AU$0.002 loss in 1H 2022)

No independent directors

Vonex Limited Announces Board Changes

Vonex Limited (ASX:VN8) entered into an agreement to acquire Network Technology (Aust) Pty Ltd for AUD 7.7 million.

Vonex Limited, Annual General Meeting, Nov 25, 2022

Here's Why Vonex (ASX:VN8) Has A Meaningful Debt Burden

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.021 loss in FY 2021)

Non-executive Director recently bought AU$358k worth of stock

Vonex (ASX:VN8) Is Making Moderate Use Of Debt

No independent directors

Non-executive Director recently bought AU$302k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Forecast to breakeven in 2022

Vonex Limited (ASX:VN8) completed the acquisition of Voiteck Pty Ltd.

Vonex Limited (ASX:VN8) entered into a binding Share Acquisition Agreement to acquire Voiteck Pty Ltd for AUD 5.5 million.

Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.004 loss in FY 2020)

Vonex Limited (ASX:VN8) entered into a non-binding agreement to acquire an unknown minority stake in Direct business of MNF Group Limited from MNF Group Limited (ASX:MNF) for AUD 31 million.

Trade Alert: The Non-executive Director Of Vonex Limited (ASX:VN8), Jason Gomersall, Has Just Spent AU$51k Buying A Few More Shares

Non-executive Director recently bought AU$51k worth of stock

Vonex Limited Announces the Signing of A Wholesale Agreement with Orange Business Services

New 90-day high: AU$0.32

Vonex Limited (ASX:VN8) completed the acquisition of Nextel Pty Ltd.

Breakeven Is Near for Vonex Limited (ASX:VN8)

Vonex Limited (ASX:VN8) entered into a binding term sheet to acquire Nextel Pty Ltd for AUD 1.5 million.

New 90-day high: AU$0.22

Full year earnings released - AU$0.0038 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure