88 Energy Limited

AIM:88E Stock Report

Market Cap: UK£28.8m

88 Energy Management

Management criteria checks 2/4

88 Energy's CEO is Ashley Gilbert, appointed in May 2021, has a tenure of 3.58 years. total yearly compensation is A$896.94K, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth £41.00K. The average tenure of the management team and the board of directors is 3.5 years and 3.5 years respectively.

Key information

Ashley Gilbert

Chief executive officer

AU$896.9k

Total compensation

CEO salary percentage60.4%
CEO tenure3.6yrs
CEO ownership0.1%
Management average tenure3.5yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashley Gilbert's remuneration changed compared to 88 Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-AU$33m

Mar 31 2024n/an/a

-AU$24m

Dec 31 2023AU$897kAU$542k

-AU$14m

Sep 30 2023n/an/a

-AU$15m

Jun 30 2023n/an/a

-AU$15m

Mar 31 2023n/an/a

-AU$43m

Dec 31 2022AU$711kAU$473k

-AU$71m

Sep 30 2022n/an/a

-AU$70m

Jun 30 2022n/an/a

-AU$70m

Mar 31 2022n/an/a

-AU$36m

Dec 31 2021AU$805kAU$385k

-AU$2m

Sep 30 2021n/an/a

-AU$10m

Jun 30 2021n/an/a

-AU$18m

Mar 31 2021n/an/a

-AU$20m

Dec 31 2020AU$478kAU$311k

-AU$22m

Sep 30 2020n/an/a

-AU$17m

Jun 30 2020n/an/a

-AU$11m

Mar 31 2020n/an/a

-AU$24m

Dec 31 2019AU$454kAU$302k

-AU$37m

Sep 30 2019n/an/a

-AU$34m

Jun 30 2019n/an/a

-AU$32m

Mar 31 2019n/an/a

-AU$19m

Dec 31 2018AU$365kAU$275k

-AU$6m

Sep 30 2018n/an/a

-AU$6m

Jun 30 2018n/an/a

-AU$6m

Mar 31 2018n/an/a

-AU$7m

Dec 31 2017AU$768kAU$255k

-AU$8m

Compensation vs Market: Ashley's total compensation ($USD559.96K) is above average for companies of similar size in the UK market ($USD347.06K).

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

CEO

Ashley Gilbert (47 yo)

3.6yrs

Tenure

AU$896,938

Compensation

Mr. Ashley Phillip Gilbert, B.Comm, CA, A Fin, GAICD, CSA(Cert) serves as Managing Director and Director at 88 Energy Limited since May 10, 2021. Mr. Gilbert serves as Director at XCD Energy Limited since...

Leadership Team

NamePositionTenureCompensationOwnership
Ashley Gilbert
MD & Director3.6yrsAU$896.94k0.14%
£ 41.0k
Oliver Mortensen
Chief Financial Officer3.1yrsAU$529.01kno data
Robert Benkovic
Chief Operating Officer3.3yrsAU$772.84kno data
Elizabeth Pattillo
Senior Geologist & Exploration Managerno datano datano data
Sarah Smith
Company Secretary3.6yrsno datano data

3.5yrs

Average Tenure

Experienced Management: 88E's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashley Gilbert
MD & Director3.6yrsAU$896.94k0.14%
£ 41.0k
George Henry Staley
Independent Non-Executive Director10.7yrsAU$117.05k0.046%
£ 13.4k
Philip Byrne
Non-Executive Chairman3.3yrsAU$207.10kno data
Joanne Williams
Non-Executive Director3.3yrsAU$124.04kno data

3.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 88E's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:22
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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

88 Energy Limited is covered by 6 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
Andrew Murray DarleyCavendish
Adam McCarterCavendish
James McCormackCavendish