Vast Resources plc

AIM:VAST Stock Report

Market Cap: UK£2.5m

Vast Resources Management

Management criteria checks 4/4

Vast Resources' CEO is Richard Prelea, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is $258.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth £4.92K. The average tenure of the management team and the board of directors is 7.3 years and 6.7 years respectively.

Key information

Richard Prelea

Chief executive officer

US$258.0k

Total compensation

CEO salary percentage100.0%
CEO tenure6.9yrs
CEO ownership0.2%
Management average tenure7.3yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

Is Vast Resources (LON:VAST) Using Too Much Debt?

Feb 02
Is Vast Resources (LON:VAST) Using Too Much Debt?

What We Learned About Vast Resources' (LON:VAST) CEO Pay

Feb 24
What We Learned About Vast Resources' (LON:VAST) CEO Pay

CEO Compensation Analysis

How has Richard Prelea's remuneration changed compared to Vast Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2024US$258kUS$258k

-US$15m

Jan 31 2024n/an/a

-US$12m

Oct 31 2023n/an/a

-US$10m

Jul 31 2023n/an/a

-US$10m

Apr 30 2023US$258kUS$258k

-US$11m

Jan 31 2023n/an/a

-US$13m

Oct 31 2022n/an/a

-US$15m

Jul 31 2022n/an/a

-US$15m

Apr 30 2022US$258kUS$258k

-US$15m

Jan 31 2022n/an/a

-US$15m

Oct 31 2021n/an/a

-US$14m

Jul 31 2021n/an/a

-US$11m

Apr 30 2021US$227kUS$227k

-US$8m

Jan 31 2021n/an/a

-US$7m

Oct 31 2020n/an/a

-US$6m

Jul 31 2020n/an/a

-US$7m

Apr 30 2020US$226kUS$226k

-US$8m

Oct 31 2019n/an/a

-US$12m

Jul 31 2019n/an/a

-US$14m

Apr 30 2019US$225kUS$244k

-US$16m

Compensation vs Market: Richard's total compensation ($USD258.00K) is about average for companies of similar size in the UK market ($USD345.77K).

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

CEO

Richard Prelea (56 yo)

6.9yrs

Tenure

US$258,000

Compensation

Mr. Richard Andrew Prelea has been Chief Executive Officer of Vast Resources PLC since January 1, 2018 and its Executive Director since March 1, 2018. Mr. Prelea has been involved with Vast since 2013 and...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Prelea
CEO & Executive Director6.9yrsUS$258.00k0.20%
£ 4.9k
Paul Fletcher
Group CFO5.8yrsUS$189.00k0.0045%
£ 111.8
Graham Briggs
Chief Executive of the Zimbabwe Operations8.3yrsUS$15.00kno data
Benjamin Harber
Company Secretary7.6yrsno datano data

7.3yrs

Average Tenure

59yo

Average Age

Experienced Management: VAST's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Prelea
CEO & Executive Director6.8yrsUS$258.00k0.20%
£ 4.9k
Paul Fletcher
Group CFO5.1yrsUS$189.00k0.0045%
£ 111.8
Brian Moritz
Independent Non-Executive Chairman8.2yrsUS$29.00k0.0016%
£ 39.7
Roy Tucker
Non-Executive Director19.7yrsUS$87.00k0.018%
£ 452.3
Nigel Patrick Wyatt
Independent Non-Executive Director3.3yrsUS$28.00kno data
Nicholas Hatch
Independent Non-Executive Director6.6yrsUS$28.00kno data

6.7yrs

Average Tenure

71.5yo

Average Age

Experienced Board: VAST's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 06:00
End of Day Share Price 2024/12/24 00:00
Earnings2024/04/30
Annual Earnings2024/04/30

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

Vast Resources plc is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Austin McKelvieDaniel Stewart & Company
Alison TurnerPanmure Liberum Historic (Panmure Gordon)
Sheldon ModelandShore Capital Group Ltd