MMA Offshore Limited

OTCPK:MRMA.F Stock Report

Market Cap: US$686.8m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

MMA Offshore Management

Management criteria checks 3/4

MMA Offshore's CEO is David Ross, appointed in Jul 2019, has a tenure of 4.5 years. total yearly compensation is A$1.92M, comprised of 37.6% salary and 62.4% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $4.09M. The average tenure of the management team and the board of directors is 6.6 years and 4.5 years respectively.

Key information

David Ross

Chief executive officer

AU$1.9m

Total compensation

CEO salary percentage37.6%
CEO tenure5yrs
CEO ownership0.6%
Management average tenure6.6yrs
Board average tenure4.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has David Ross's remuneration changed compared to MMA Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$109m

Sep 30 2023n/an/a

AU$118m

Jun 30 2023AU$2mAU$722k

AU$128m

Mar 31 2023n/an/a

AU$124m

Dec 31 2022n/an/a

AU$120m

Sep 30 2022n/an/a

AU$77m

Jun 30 2022AU$1mAU$623k

AU$33m

Mar 31 2022n/an/a

AU$7m

Dec 31 2021n/an/a

-AU$18m

Sep 30 2021n/an/a

-AU$8m

Jun 30 2021AU$908kAU$532k

AU$2m

Mar 31 2021n/an/a

-AU$33m

Dec 31 2020n/an/a

-AU$69m

Sep 30 2020n/an/a

-AU$81m

Jun 30 2020AU$880kAU$577k

-AU$94m

Mar 31 2020n/an/a

-AU$57m

Dec 31 2019n/an/a

-AU$19m

Sep 30 2019n/an/a

-AU$28m

Jun 30 2019AU$716kAU$549k

-AU$37m

Mar 31 2019n/an/a

-AU$39m

Dec 31 2018n/an/a

-AU$41m

Sep 30 2018n/an/a

-AU$35m

Jun 30 2018AU$589kAU$505k

-AU$28m

Compensation vs Market: David's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD3.42M).

Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

David Ross

5yrs

Tenure

AU$1,923,187

Compensation

Mr. David Colin Ross has been Managing Director and Director of MMA Offshore Ltd. since January 13, 2020 and has been its Chief Executive Officer since July 1, 2019. He was Deputy Chief Executive Officer o...

Leadership Team

NamePositionTenureCompensationOwnership
David Ross
MD, CEO & Director5yrsAU$1.92m0.60%
$ 4.1m
David Cavanagh
Chief Financial Officer6.6yrsAU$901.15k0.013%
$ 90.3k
Tim Muirhead
Company Secretary & Executive GM of Legal2.5yrsAU$514.34k0.0031%
$ 21.4k
Liz Buckey
Executive General Manager of Corporate Development11.7yrsAU$252.44kno data
Geoff Hebiton
Financial Controller18.5yrsno datano data

6.6yrs

Average Tenure

Experienced Management: MRMA.F's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Ross
MD, CEO & Director4.5yrsAU$1.92m0.60%
$ 4.1m
Ian Macliver
Independent Non-Executive Chairman4.5yrsAU$180.15k0.026%
$ 181.2k
Chiang Heng
Independent Non-Executive Director12yrsAU$120.29k0.022%
$ 150.7k
Sue Murphy
Independent Non-Executive Director3.3yrsAU$110.03k0.053%
$ 361.0k
Sally Langer
Independent Non-Executive Director3.2yrsAU$100.18kno data

4.5yrs

Average Tenure

64yo

Average Age

Experienced Board: MRMA.F's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/09 06:13
End of Day Share Price 2024/04/11 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

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

MMA Offshore Limited is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel LaingBell Potter
David EvansBofA Global Research
Cameron BellCanaccord Genuity