DX (Group) Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Paul Ibbetson

Chief executive officer

UK£357.0k

Total compensation

CEO salary percentage	33.9%
CEO tenure	less than a year
CEO ownership	1.6%
Management average tenure	less than a year
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Ibbetson's remuneration changed compared to DX (Group)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 01 2023	UK£357k	UK£121k	UK£23m

Compensation vs Market: Paul's total compensation ($USD452.60K) is below average for companies of similar size in the UK market ($USD965.80K).

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

CEO

Paul Ibbetson (52 yo)

less than a year

Tenure

UK£357,000

Compensation

Mr. Paul John Ibbetson serves as Chief Executive Officer of DX Freight Limited since February 2023. He serves as Chief Executive Officer and Executive Director at DX (Group) plc since January 31, 2023. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Ibbetson	CEO & Executive Director	less than a year	UK£357.00k	1.63% £ 5.0m
David Mulligan	CFO & Executive Director	5.8yrs	UK£399.00k	1.18% £ 3.6m
Keith Eden	Chief Compliance Officer	no data	no data	no data
Lloyd Dunn	Group Sales Director	2yrs	no data	no data
Martin Illidge	Managing Director of DX Express	no data	no data	no data
Ian Bolton	Managing Director of DX Freight Logistics	less than a year	no data	no data
Graham Hollingdrake	Managing Director of 1-Man & 2-Man	less than a year	no data	no data

1.0yrs

Average Tenure

Experienced Management: DX.'s management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Ibbetson	CEO & Executive Director	less than a year	UK£357.00k	1.63% £ 5.0m
David Mulligan	CFO & Executive Director	5.8yrs	UK£399.00k	1.18% £ 3.6m
Jonathan Kempster	Senior Independent Director	1.5yrs	UK£50.00k	no data
Mark Hammond	Non-Executive Chairman	1.2yrs	UK£120.00k	0.11% £ 336.7k
Alison O'Connor	Independent Non-Executive Director	less than a year	no data	no data
Michael Russell	Independent Non Executive Director	1.5yrs	UK£49.00k	no data

1.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: DX.'s board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/30 13:36
End of Day Share Price	2024/01/30 00:00
Earnings	2023/07/01
Annual Earnings	2023/07/01

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

DX (Group) plc is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Buxton	Cavendish
Anna Picton	Numis Securities Ltd.
Gerald Khoo	Panmure Liberum

DX (Group) Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new and inexperienced directors

DX (Group) plc, Annual General Meeting, Nov 23, 2023

Less than half of directors are independent

DX Appoints Paul Ibbetson as Chief Executive Officer

DX (Group) plc, Annual General Meeting, Dec 15, 2022

Less than half of directors are independent

Recent updates

DX (Group) Cancels its Shares on the AIM Market of the London Stock Exchange

H.I.G. Europe Realty Partners completed the acquisition of DX (Group) plc (AIM:DX.) from Gatemore Capital Management LLP, and Lloyd Dunn.

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

DX (Group) plc to Request the London Stock Exchange to Cancel Trading in DX Shares on AIM to Take Effect On, or Shortly After, the Effective Date

Upcoming dividend of UK£0.01 per share at 4.5% yield

High number of new and inexperienced directors

Full year 2023 earnings released: EPS: UK£0.039 (vs UK£0.024 in FY 2022)

DX (Group) plc, Annual General Meeting, Nov 23, 2023

H.I.G. Europe Realty Partners entered into a non binding and conditional proposal to acquire DX (Group) plc (AIM:DX.) for £279.3 million.

H.I.G. Europe Realty Partners entered into a non binding and conditional proposal to acquire DX (Group) plc (AIM:DX.) for £279.3 million.

Is Now The Time To Put DX (Group) (LON:DX.) On Your Watchlist?

Now 21% undervalued

DX (Group) plc Provides Group Earnings Guidance for the Year Ended July 1, 2023

Are Investors Undervaluing DX (Group) plc (LON:DX.) By 45%?

DX (Group) plc Announces Settlement of Claim with Tuffnells Parcels Express Limited

First half 2023 earnings released: EPS: UK£0.013 (vs UK£0.005 in 1H 2022)

DX (Group) plc to Report First Half, 2023 Results on Feb 27, 2023

Less than half of directors are independent

DX Appoints Paul Ibbetson as Chief Executive Officer

There May Be Reason For Hope In DX (Group)'s (LON:DX.) Disappointing Earnings

DX (Group) plc, Annual General Meeting, Dec 15, 2022

Full year 2022 earnings: EPS misses analyst expectations

What Does DX (Group) plc's (LON:DX.) Share Price Indicate?

Less than half of directors are independent

DX Appoints Mark Hammond to the Board as Executive Chairman

Price target decreased to UK£0.49

Gatemore Capital Requisitions EGM to Replace Ron Series as Chairman of DX Group

Less than half of directors are independent

Dx (Group) plc Announces Resignation of Liad Meidar as A Non-Executive Director

DX (Group) plc Provides Dividend Guidance for the Financial Year Ending 1 July 2023

DX (Group) plc to Report Fiscal Year 2022 Final Results on Nov 30, 2022

DX (Group) plc, Annual General Meeting, Oct 20, 2022

DX (Group) plc Announces Resignation of Lloyd Dunn as Director

What Does DX (Group) plc's (LON:DX.) Share Price Indicate?

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources