Ann: Business Update and September 2022 Quarter Cashflow, page-9

  1. 725 Posts.
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    I'll make it easy for you - here is the relevant section from the annual report detailing the MD's remuneration. Note the footnote which explains the amount paid in this quarter.

    https://hotcopper.com.au/data/attachments/4782/4782862-0aa4a371f746c7f7a4a936eb2acc4806.jpg

    How the bonus is calculated is outlined in the annual report but a good chunk is profit achievement with NPBT nearly doubling last year to $10.7m. That bonus and total remuneration is well within the normal range for biotech peers and that level of revenue and profit achievement.

 
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