Key Insights

• First Au to hold its Annual General Meeting on 16th of May

• CEO Ryan Skeen's total compensation includes salary of AU$187.5k

• Total compensation is 41% below industry average

• Over the past three years, First Au's EPS grew by 39% and over the past three years, the total loss to shareholders 88%

The performance at First Au Limited (ASX:FAU) has been rather lacklustre of late and shareholders may be wondering what CEO Ryan Skeen is planning to do about this. They will get a chance to exercise their voting power to influence the future direction of the company in the next AGM on 16th of May. Setting appropriate executive remuneration to align with the interests of shareholders may also be a way to influence the company performance in the long run. We have prepared some analysis below to show that CEO compensation looks to be reasonable.

See our latest analysis for First Au

Comparing First Au Limited's CEO Compensation With The Industry

At the time of writing, our data shows that First Au Limited has a market capitalization of AU$3.3m, and reported total annual CEO compensation of AU$228k for the year to December 2023. We note that's an increase of 15% above last year. In particular, the salary of AU$187.5k, makes up a huge portion of the total compensation being paid to the CEO.

For comparison, other companies in the Australian Metals and Mining industry with market capitalizations below AU$304m, reported a median total CEO compensation of AU$385k. In other words, First Au pays its CEO lower than the industry median.

On an industry level, roughly 63% of total compensation represents salary and 37% is other remuneration. It's interesting to note that First Au pays out a greater portion of remuneration through salary, compared to the industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

A Look at First Au Limited's Growth Numbers

First Au Limited has seen its earnings per share (EPS) increase by 39% a year over the past three years. In the last year, its revenue is down 14%.

This demonstrates that the company has been improving recently and is good news for the shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.