Building Better Financial Understanding

We started karumandovex in 2019 after spending years watching talented professionals struggle with complex financial analysis. Not because they lacked skill, but because traditional methods weren't keeping pace with real-world challenges.

What began in a shared Bunbury workspace has grown into a practical resource for financial analysts across Australia who need clearer insights without the corporate noise.

Where We Started

Back in 2019, I was consulting for mid-sized firms dealing with messy data and unrealistic expectations. Every client meeting revealed the same frustrations—financial analysis tools were either too simplistic or absurdly complicated.

The turning point came during a project in Perth. A CFO showed me three different reports from three different systems, all supposedly analysing the same quarterly data. None of them agreed. That's when I realised the problem wasn't the data itself.

So we built something different. karumandovex focuses on practical financial analysis that actually makes sense to the people using it. We teach techniques that work in real business environments, not just in textbook scenarios.

Financial analysis workspace with charts and documents

How We Approach Financial Analysis

We've developed methods based on what actually works when you're dealing with tight deadlines, incomplete datasets, and stakeholders who need answers yesterday.

Contextual Analysis

Financial data doesn't exist in a vacuum. We teach how to incorporate market conditions, industry trends, and operational realities into your analysis instead of treating numbers as isolated facts.

Variance Decomposition

When actual results differ from forecasts, most analysts stop at noting the difference. We break down exactly why variances occurred and what that tells you about future performance.

Risk-Adjusted Forecasting

Point estimates are useful until reality hits. Our methods build probability distributions around forecasts so you can make decisions based on likely ranges rather than single optimistic numbers.

Who's Behind This

karumandovex isn't a faceless corporation. It's a small team based in Western Australia that genuinely cares about making financial analysis more accessible.

Eamon Threlfall, Lead Financial Analyst at karumandovex

Eamon Threlfall

Lead Financial Analyst

Based in Bunbury, working with analysts across Australia since 2019.

Background and Experience

I spent twelve years doing financial planning and analysis for manufacturing and service companies before starting karumandovex. Most of that time was spent in Adelaide and Perth, working with businesses trying to navigate growth phases without reliable financial insights.

What I learned is that advanced financial analysis isn't about complex formulas—it's about asking better questions. The best analysts I worked with had a knack for spotting inconsistencies and understanding what the numbers were really saying about business operations.

These days I focus on teaching those skills through karumandovex. We work with professionals who want to move beyond basic financial reporting and develop genuine analytical capabilities.

  • Chartered Financial Analyst (CFA) designation, completed 2014
  • Twelve years experience in FP&A roles across manufacturing and services
  • Regular contributor to Australian financial analysis workshops since 2020
  • Developed risk-adjusted forecasting frameworks used by mid-market firms

Let's Talk About Your Analysis Challenges

Whether you're dealing with forecasting issues, complex variance analysis, or just want to sharpen your financial modelling skills, we're here to help.

Get In Touch