AoFrio Limited

NZSE:AOF Stock Report

Market Cap: NZ$46.0m

AoFrio Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Greg Balla

Chief executive officer

NZ$500.0k

Total compensation

CEO salary percentage97.09%
CEO tenure4.5yrs
CEO ownershipn/a
Management average tenure4.5yrs
Board average tenure6.7yrs

Recent management updates

Here's Why Shareholders May Want To Be Cautious With Increasing AoFrio Limited's (NZSE:AOF) CEO Pay Packet

May 21
Here's Why Shareholders May Want To Be Cautious With Increasing AoFrio Limited's (NZSE:AOF) CEO Pay Packet

Recent updates

AoFrio Limited (NZSE:AOF) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Oct 14
AoFrio Limited (NZSE:AOF) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

Oct 05
Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

AoFrio Limited's (NZSE:AOF) Price Is Right But Growth Is Lacking

Aug 12
AoFrio Limited's (NZSE:AOF) Price Is Right But Growth Is Lacking

Here's Why Shareholders May Want To Be Cautious With Increasing AoFrio Limited's (NZSE:AOF) CEO Pay Packet

May 21
Here's Why Shareholders May Want To Be Cautious With Increasing AoFrio Limited's (NZSE:AOF) CEO Pay Packet

Why Investors Shouldn't Be Surprised By AoFrio Limited's (NZSE:AOF) Low P/S

Dec 11
Why Investors Shouldn't Be Surprised By AoFrio Limited's (NZSE:AOF) Low P/S

Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

Oct 08
Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 25% Bounce

Aug 02
Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 25% Bounce

Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 31% Bounce

May 21
Further Upside For AoFrio Limited (NZSE:AOF) Shares Could Introduce Price Risks After 31% Bounce

Is AoFrio (NZSE:AOF) A Risky Investment?

Apr 26
Is AoFrio (NZSE:AOF) A Risky Investment?

Market Cool On AoFrio Limited's (NZSE:AOF) Revenues Pushing Shares 26% Lower

Mar 04
Market Cool On AoFrio Limited's (NZSE:AOF) Revenues Pushing Shares 26% Lower

There's No Escaping AoFrio Limited's (NZSE:AOF) Muted Earnings Despite A 26% Share Price Rise

Jan 17
There's No Escaping AoFrio Limited's (NZSE:AOF) Muted Earnings Despite A 26% Share Price Rise

Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

Dec 08
Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

Is AoFrio (NZSE:AOF) Using Too Much Debt?

Sep 05
Is AoFrio (NZSE:AOF) Using Too Much Debt?

Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

May 16
Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

It's Down 29% But AoFrio Limited (NZSE:AOF) Could Be Riskier Than It Looks

Mar 23
It's Down 29% But AoFrio Limited (NZSE:AOF) Could Be Riskier Than It Looks

Wellington Drive Technologies (NZSE:WDT) Is Experiencing Growth In Returns On Capital

Apr 28
Wellington Drive Technologies (NZSE:WDT) Is Experiencing Growth In Returns On Capital

Wellington Drive Technologies' (NZSE:WDT) Earnings Are Of Questionable Quality

Mar 04
Wellington Drive Technologies' (NZSE:WDT) Earnings Are Of Questionable Quality

Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Mar 04
Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

Nov 19
Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

Nov 19
John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

CEO Compensation Analysis

How has Greg Balla's remuneration changed compared to AoFrio's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-NZ$3m

Mar 31 2025n/an/a

-NZ$2m

Dec 31 2024NZ$500kNZ$485k

-NZ$2m

Sep 30 2024n/an/a

-NZ$2m

Jun 30 2024n/an/a

-NZ$2m

Mar 31 2024n/an/a

-NZ$3m

Dec 31 2023n/an/a

-NZ$4m

Sep 30 2023n/an/a

-NZ$540k

Jun 30 2023n/an/a

NZ$2m

Mar 31 2023n/an/a

NZ$3m

Dec 31 2022NZ$496kNZ$485k

NZ$3m

Sep 30 2022n/an/a

NZ$3m

Jun 30 2022n/an/a

NZ$3m

Mar 31 2022n/an/a

NZ$4m

Dec 31 2021NZ$539kNZ$214k

NZ$5m

Compensation vs Market: Greg's total compensation ($USD286.16K) is about average for companies of similar size in the NZ market ($USD383.98K).

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

CEO

Greg Balla (60 yo)

4.5yrs
Tenure
NZ$500,000
Compensation

Mr. Gregory Balla, also known as Greg, is the Chief Executive Officer of AoFrio Limited (formerly known as Wellington Drive Technologies Limited) since May 2021. He served as an Executive Vice President of...

Leadership Team

NamePositionTenureCompensationOwnership
Gregory Balla
Chief Executive Officer4.5yrsNZ$500.00kno data
Howard Milliner
CFO & Company Secretary13yrsno data0.81%
NZ$ 374.9k
Marc Tinsel
Executive Vice President of Operations6.8yrsno data0.037%
NZ$ 17.0k
Paul Gillard
General Counselno datano datano data
Adam McElroy
Head of Marketing1.8yrsno datano data
James Rice
Chief Revenue Officerno datano datano data
Danielle Scott
Manager of Peopleno datano data0.0067%
NZ$ 3.1k
Genevieve Clark
Vice President of Productno datano data0.077%
NZ$ 35.5k
Rami Elbeltagi
Vice President of Engineering3.1yrsno data0.060%
NZ$ 27.6k
4.5yrs
Average Tenure

Experienced Management: AOF's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John McMahon
Independent Non-Executive Director11.1yrsNZ$55.00k4.42%
NZ$ 2.0m
Greg Allen
Director5.1yrsNZ$55.00k1.73%
NZ$ 794.3k
Keith Oliver
Independent Non-Executive Director6.7yrsNZ$55.00kno data
John Scott
Independent Chairman6.8yrsNZ$96.00k0.73%
NZ$ 335.6k
Rosalind Buick
Independent Director1.8yrsNZ$45.83kno data
6.7yrs
Average Tenure

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/01 19:21
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

AoFrio Limited is covered by 1 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
Andrew Harvey-GreenForsyth Barr Group Ltd.