Spenda Management
Management criteria checks 4/4
Spenda's CEO is Adrian Floate, appointed in Sep 2018, has a tenure of 5.25 years. total yearly compensation is A$473.64K, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 8.26% of the company’s shares, worth $2.49M. The average tenure of the management team and the board of directors is 2.6 years and 6 years respectively.
Key information
Adrian Floate
Chief executive officer
AU$473.6k
Total compensation
| CEO salary percentage | 53.6% |
| CEO tenure | 5.3yrs |
| CEO ownership | 8.3% |
| Management average tenure | 2.6yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | AU$474k | AU$254k | -AU$11m |
| Mar 31 2023 | n/a | n/a | -AU$30m |
| Dec 31 2022 | n/a | n/a | -AU$50m |
| Sep 30 2022 | n/a | n/a | -AU$50m |
| Jun 30 2022 | AU$702k | AU$241k | -AU$50m |
| Mar 31 2022 | n/a | n/a | -AU$33m |
| Dec 31 2021 | n/a | n/a | -AU$16m |
| Sep 30 2021 | n/a | n/a | -AU$14m |
| Jun 30 2021 | AU$4m | AU$291k | -AU$11m |
| Mar 31 2021 | n/a | n/a | -AU$9m |
| Dec 31 2020 | n/a | n/a | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$7m |
| Jun 30 2020 | AU$416k | AU$275k | -AU$7m |
| Mar 31 2020 | n/a | n/a | -AU$7m |
| Dec 31 2019 | n/a | n/a | -AU$6m |
| Sep 30 2019 | n/a | n/a | -AU$6m |
| Jun 30 2019 | AU$597k | AU$275k | -AU$6m |
| Mar 31 2019 | n/a | n/a | -AU$6m |
| Dec 31 2018 | n/a | n/a | -AU$7m |
| Sep 30 2018 | n/a | n/a | -AU$7m |
| Jun 30 2018 | AU$566k | AU$275k | -AU$6m |
| Mar 31 2018 | n/a | n/a | -AU$5m |
| Dec 31 2017 | n/a | n/a | -AU$3m |
| Sep 30 2017 | n/a | n/a | -AU$3m |
| Jun 30 2017 | AU$176k | AU$176k | -AU$2m |
Compensation vs Market: Adrian's total compensation ($USD320.26K) is below average for companies of similar size in the US market ($USD729.65K).
Compensation vs Earnings: Adrian's compensation has been consistent with company performance over the past year.
CEO
Adrian Floate
5.3yrs
Tenure
AU$473,636
Compensation
Mr. Adrian Floate is the Founder of Cirralto. Mr. Floate has been the Managing Director of Spenda Limited (formerly known as Cirralto Limited) since September 2018 and serves as its Executive Director and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.3yrs | AU$473.64k | 8.26% $ 2.5m | |
| Chief Financial Officer | 3.1yrs | AU$477.42k | 1.16% $ 348.9k | |
| COO, Chief of Credit & Risk Officer | 2.4yrs | AU$312.31k | 0.62% $ 187.8k | |
| Chief Product Officer | 2.6yrs | AU$408.53k | 2.83% $ 854.5k | |
| Chief Commercial Officer | 2.4yrs | AU$456.90k | 1.73% $ 521.3k | |
| Chief Revenue Officer | no data | no data | no data | |
| Chief Executive Officer - Spenda India | no data | no data | no data | |
| Company Secretary | no data | AU$36.00k | no data |
2.6yrs
Average Tenure
Experienced Management: CROT.F's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 8.5yrs | AU$473.64k | 8.26% $ 2.5m | |
| Non-Executive Independent Chairman | 6yrs | AU$413.56k | 1.48% $ 445.9k | |
| Non-Executive Director | 4.3yrs | AU$156.03k | 0.47% $ 143.0k | |
| Non-Executive Director | 9.7yrs | AU$160.35k | 0.046% $ 13.8k | |
| Non-Executive and Independent Director | less than a year | no data | no data |
6.0yrs
Average Tenure
Experienced Board: CROT.F's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/20 16:48 |
| End of Day Share Price | 2023/09/22 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
Spenda Limited is covered by 1 analysts. 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 |
|---|---|
| Cyprus Sia | Spark Plus Pte Ltd |