Helloworld Travel Management

Management criteria checks 3/4

Helloworld Travel's CEO is Andrew Burnes, appointed in Feb 2016, has a tenure of 8.25 years. total yearly compensation is A$1.44M, comprised of 58.8% salary and 41.2% bonuses, including company stock and options. directly owns 6.52% of the company’s shares, worth €16.05M. The average tenure of the management team and the board of directors is 2 years and 5 years respectively.

Key information

Andrew Burnes

Chief executive officer

AU$1.4m

Total compensation

CEO salary percentage	58.8%
CEO tenure	8.3yrs
CEO ownership	6.5%
Management average tenure	2yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Burnes's remuneration changed compared to Helloworld Travel's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$34m
Sep 30 2023	n/a	n/a	AU$27m
Jun 30 2023	AU$1m	AU$848k	AU$19m
Dec 31 2022	n/a	n/a	-AU$12m
Sep 30 2022	n/a	n/a	-AU$20m
Jun 30 2022	AU$718k	AU$581k	-AU$28m
Dec 31 2021	n/a	n/a	-AU$39m
Sep 30 2021	n/a	n/a	-AU$39m
Jun 30 2021	AU$598k	AU$373k	-AU$39m
Mar 31 2021	n/a	n/a	-AU$71m
Dec 31 2020	n/a	n/a	-AU$107m
Sep 30 2020	n/a	n/a	-AU$89m
Jun 30 2020	AU$589k	AU$543k	-AU$70m
Mar 31 2020	n/a	n/a	-AU$16m
Dec 31 2019	n/a	n/a	AU$39m
Sep 30 2019	n/a	n/a	AU$38m
Jun 30 2019	AU$603k	AU$570k	AU$38m
Mar 31 2019	n/a	n/a	AU$35m
Dec 31 2018	n/a	n/a	AU$32m
Sep 30 2018	n/a	n/a	AU$31m
Jun 30 2018	AU$509k	AU$480k	AU$31m
Mar 31 2018	n/a	n/a	AU$30m
Dec 31 2017	n/a	n/a	AU$29m
Sep 30 2017	n/a	n/a	AU$25m
Jun 30 2017	AU$482k	AU$455k	AU$22m

Compensation vs Market: Andrew's total compensation ($USD953.43K) is above average for companies of similar size in the German market ($USD706.93K).

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

CEO

Andrew Burnes

8.3yrs

Tenure

AU$1,441,967

Compensation

Mr. Andrew James Burnes, AO, LLB, B Com, has been Chief Executive Officer and Managing Director at Helloworld Travel Limited since February 1, 2016. On November 1, 1987, Mr. Burnes founded The Australian O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Burnes	CEO, MD & Director	8.3yrs	AU$1.44m	6.52% A$ 16.1m
Michael Smith	Chief Financial Officer	2yrs	AU$533.86k	no data
Cinzia Burnes	COO & Executive Director	8.3yrs	AU$1.42m	6.3% A$ 15.5m
Alex Trifonidis	General Manager of Human Resources	less than a year	no data	no data
Nick Sutherland	Head of Branded & Associate Networks	less than a year	AU$488.66k	no data
Sylvie Moser	Group Company Secretary	2.2yrs	no data	no data
Tom Manwaring	CEO of Express Travel Group	1.3yrs	no data	no data

2.0yrs

Average Tenure

Experienced Management: ID9's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Burnes	CEO, MD & Director	8.3yrs	AU$1.44m	6.52% A$ 16.1m
Cinzia Burnes	COO & Executive Director	8.3yrs	AU$1.42m	6.3% A$ 15.5m
Garry Hounsell	Independent Chairman of the Board	7.6yrs	AU$212.50k	0.096% A$ 235.4k
Leanne Coddington	Independent Non-Executive Director	1.3yrs	AU$46.75k	0.028% A$ 68.8k
Robert Dalton	Independent Non-Executive Director	2.5yrs	AU$132.81k	no data
Martin Pakula	Independent Non-Executive Director	1.5yrs	AU$63.75k	0.0043% A$ 10.7k

5.0yrs

Average Tenure

60yo

Average Age

Experienced Board: ID9's board of directors are considered experienced (5 years average tenure).

Helloworld Travel Management

Management criteria checks 3/4

Key information

Recent management updates

Helloworld Travel Limited Announces the Resignation of Peter Crinis as Chief Commercial Officer

Independent Non-Executive Director recently bought €63k worth of stock

Helloworld Travel Limited, Annual General Meeting, Oct 25, 2023

Helloworld Travel Limited Appoints Peter Crinis as Chief Commercial Officer, Effective July 3, 2023

Helloworld Travel Limited Appoints Peter Crinis as Chief Commercial Officer, Effective July 3, 2023

Helloworld Travel Limited Appoints Leanne Coddington as a Non-Executive Director, Effective 1 February 2023

Recent updates

Upcoming dividend of AU$0.05 per share

First half dividend of AU$0.05 announced

First half 2024 earnings released: EPS: AU$0.10 (vs AU$0.009 in 1H 2023)

Helloworld Travel Limited Announces the Resignation of Peter Crinis as Chief Commercial Officer

Independent Non-Executive Director recently bought €63k worth of stock

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 22%

Helloworld Travel Limited, Annual General Meeting, Oct 25, 2023

Upcoming dividend of AU$0.06 per share at 2.5% yield

Full year 2023 earnings released: EPS: AU$0.12 (vs AU$0.18 loss in FY 2022)

Helloworld Travel Limited Announces Ordinary Dividend for the Period of Twelve Months Ended June 30, 2023, Payable on September 22, 2023

Helloworld Travel Limited (ASX:HLO) acquired 40% stake in Phil Hoffmann Travel Pty. Ltd.

New minor risk - Shareholder dilution

Now 20% undervalued after recent price drop

Helloworld Travel Limited to Report Fiscal Year 2023 Results on Aug 28, 2023

New minor risk - Share price stability

Helloworld Travel Limited (ASX:HLO) agreed to acquire Orient Express Travel Group Pty. Ltd. for AUD 70 million.

Now 21% undervalued

Helloworld Travel Limited Appoints Peter Crinis as Chief Commercial Officer, Effective July 3, 2023

Helloworld Travel Limited Appoints Peter Crinis as Chief Commercial Officer, Effective July 3, 2023

Upcoming dividend of AU$0.02 per share at 1.7% yield

First half 2023 earnings released: EPS: AU$0.009 (vs AU$0.098 loss in 1H 2022)

Helloworld Travel Limited Announces Ordinary Franked Dividend for Six Months Ended December 31, 2023, Payable on 23 March 2023

Helloworld Travel Limited Appoints Leanne Coddington as a Non-Executive Director, Effective 1 February 2023

Helloworld Travel Limited Appoints Martin Pakula as an Independent Non-Executive Director to the Board

Less than half of directors are independent

Helloworld Travel Limited Announces Resignation of Andrew Finch as Non- Executive Director

Forecast breakeven date moved forward to 2023

Full year 2022 earnings released: AU$0.18 loss per share (vs AU$0.26 loss in FY 2021)

Helloworld Travel Limited Declares Final Dividend for the Year Ended 30 June 2022, Payable on 23 September 2022

Helloworld Travel Limited, Annual General Meeting, Oct 11, 2022

Helloworld Travel Limited Appoints Michael Smith as Chief Financial Officer

Board Member recently sold €997k worth of stock

Less than half of directors are independent

Corporate Travel Management Limited (ASX:CTD) completed the acquisition of Corporate and Entertainment Travel Businesses in Australia and New Zealand of Helloworld Travel.

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

Corporate Travel Management Limited (ASX:CTD) entered into an agreement to acquire Corporate and Entertainment Travel Businesses in Australia and New Zealand of Helloworld Travel for AUD 175 million.

CEO, MD & Director recently sold €928k worth of stock

Full year 2021 earnings released: AU$0.23 loss per share (vs AU$0.56 loss in FY 2020)

First half 2021 earnings released: AU$0.098 loss per share (vs AU$0.18 profit in 1H 2020)

Revenue beats expectations

Helloworld Travel Limited (ASX:HLO) acquired remaining 60% stake in Inspire Travel Management from In Travel Group for AUD 1.

Helloworld Travel Limited Renewes Partnership with Qantas

New 90-day high: €1.42

Full year earnings released - €0.56 loss per share

Annual earnings released: Revenue beats expectations

Helloworld Travel Limited to Report Fiscal Year 2020 Final Results on Oct 15, 2020

Full year earnings released - €0.56 loss per share

Helloworld Travel Limited (ASX:HLO) acquired Atlas Limited for AUD 2.1 million.

Helloworld Travel Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.

Down Under Answers, LLC acquired Travel Wholesale business from Helloworld Travel Limited (ASX:HLO).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age