RE: One for Poorinvester30 Jun 2022 13:23
Can I just make the point that he only joined the company in September 2021. If I'm reading the table correctly, that means his salary for 4 months was 65K. Assuming that's pro-rata, I make it that his base salary is £196,932 p/a. Very happy to be corrected on this, however. In addition, his pension costs appear to be an additional 12% on top.
It also shows that John Richardson's basic compensation was 204K. Was this a combination of base salary and this "On 23 February 2021, 5,000,000 ordinary shares were issued to John Richardson in recognition of his work supporting the company and Pharm2Farm over the year and his salary sacrifice taken in 2020" or just his salary?
The figures are scary. The revenue for the year is dreadful for a company with what appears to be hugely inflated salaries and other fixed costs.