View Future GrowthReckon 과거 순이익 실적과거 기준 점검 5/6Reckon의 수입은 연평균 -6.1%의 비율로 감소해 온 반면, Software 산업은 수입이 연평균 10.4% 증가했습니다. 매출은 연평균 0.7%의 비율로 감소해 왔습니다. Reckon의 자기자본이익률은 27.5%이고 순이익률은 11.8%입니다.핵심 정보-6.11%순이익 성장률-6.19%주당순이익(EPS) 성장률Software 산업 성장률14.88%매출 성장률-0.69%자기자본이익률27.47%순이익률11.80%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Aug 07First half 2024 earnings released: EPS: AU$0.031 (vs AU$0.037 in 1H 2023)First half 2024 results: EPS: AU$0.031 (down from AU$0.037 in 1H 2023). Revenue: AU$28.4m (up 1.0% from 1H 2023). Net income: AU$3.48m (down 17% from 1H 2023). Profit margin: 12% (down from 15% in 1H 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 13Full year 2023 earnings released: EPS: AU$0.049 (vs AU$0.04 in FY 2022)Full year 2023 results: EPS: AU$0.049 (up from AU$0.04 in FY 2022). Revenue: AU$53.4m (up 4.2% from FY 2022). Net income: AU$5.57m (up 22% from FY 2022). Profit margin: 10% (up from 8.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.Reported Earnings • Aug 16First half 2023 earnings released: EPS: AU$0.037 (vs AU$0.033 in 1H 2022)First half 2023 results: EPS: AU$0.037 (up from AU$0.033 in 1H 2022). Revenue: AU$28.2m (up 4.3% from 1H 2022). Net income: AU$4.20m (up 13% from 1H 2022). Profit margin: 15% (up from 14% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.Reported Earnings • Apr 02Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.055 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.055 in FY 2021). Revenue: AU$51.2m (up 3.5% from FY 2021). Net income: AU$4.55m (down 27% from FY 2021). Profit margin: 8.9% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.086 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.086 in FY 2021). Revenue: AU$51.2m (down 28% from FY 2021). Net income: AU$4.55m (down 53% from FY 2021). Profit margin: 8.9% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: AU$0.086 (vs AU$0.073 in FY 2020)Full year 2021 results: EPS: AU$0.086 (up from AU$0.073 in FY 2020). Revenue: AU$71.3m (flat on FY 2020). Net income: AU$9.70m (up 18% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.모든 업데이트 보기Recent updatesBoard Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 17Reckon Limited, Annual General Meeting, May 20, 2026Reckon Limited, Annual General Meeting, May 20, 2026. Location: level 2, 100 pacific highway, north sydney nsw 2026 Australia공시 • Apr 14Reckon Limited, Annual General Meeting, May 14, 2025Reckon Limited, Annual General Meeting, May 14, 2025. Location: at level 2, 100 pacific highway, north sydney, nsw, 2060, Australia공시 • Jan 07Reckon Limited (ASX:RKN) completed the acquisition of Money Management Group Pty Ltd for AUD 8.8 millionReckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million on December 18, 2024. A cash consideration of AUD 7.5 million will be paid by Reckon Limited. Reckon Limited will pay an earnout/contingent payment of AUD 1.25 million cash. As part of consideration, AUD 8.75 million is paid towards common equity of Money Management Group Pty Ltd. The expected completion of the transaction is January 1, 2025 to January 10, 2025. The acquisition will be funded through the Company’s existing bank facilities. Reckon Limited (ASX:RKN) completyed the acquisition of Money Management Group Pty Ltd on January 6, 2025.공시 • Dec 19Reckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million.Reckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million on December 18, 2024. A cash consideration of AUD 7.5 million will be paid by Reckon Limited. Reckon Limited will pay an earnout/contingent payment of AUD 1.25 million cash. As part of consideration, AUD 8.75 million is paid towards common equity of Money Management Group Pty Ltd. The expected completion of the transaction is January 1, 2025 to January 10, 2025. The acquisition will be funded through the Company’s existing bank facilities.Reported Earnings • Aug 07First half 2024 earnings released: EPS: AU$0.031 (vs AU$0.037 in 1H 2023)First half 2024 results: EPS: AU$0.031 (down from AU$0.037 in 1H 2023). Revenue: AU$28.4m (up 1.0% from 1H 2023). Net income: AU$3.48m (down 17% from 1H 2023). Profit margin: 12% (down from 15% in 1H 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 13Full year 2023 earnings released: EPS: AU$0.049 (vs AU$0.04 in FY 2022)Full year 2023 results: EPS: AU$0.049 (up from AU$0.04 in FY 2022). Revenue: AU$53.4m (up 4.2% from FY 2022). Net income: AU$5.57m (up 22% from FY 2022). Profit margin: 10% (up from 8.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.Upcoming Dividend • Aug 24Upcoming dividend of AU$0.025 per share at 8.6% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 29 September 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.6% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (€37.3m market cap, or US$40.6m).Reported Earnings • Aug 16First half 2023 earnings released: EPS: AU$0.037 (vs AU$0.033 in 1H 2022)First half 2023 results: EPS: AU$0.037 (up from AU$0.033 in 1H 2022). Revenue: AU$28.2m (up 4.3% from 1H 2022). Net income: AU$4.20m (up 13% from 1H 2022). Profit margin: 15% (up from 14% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€37.1m market cap, or US$41.6m).Buying Opportunity • May 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 3.1%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Buying Opportunity • Apr 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 3.1%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • Apr 02Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.055 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.055 in FY 2021). Revenue: AU$51.2m (up 3.5% from FY 2021). Net income: AU$4.55m (down 27% from FY 2021). Profit margin: 8.9% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Buying Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Buying Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.086 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.086 in FY 2021). Revenue: AU$51.2m (down 28% from FY 2021). Net income: AU$4.55m (down 53% from FY 2021). Profit margin: 8.9% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Feb 14Reckon Limited Declares No Final Dividend for the Year of 2022Reckon Limited Board has not declared a final dividend (2021: 2 cents per share) for the year of 2022.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 09Now 48% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be €0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 44% in the next 2 years.Upcoming Dividend • Nov 01Upcoming dividend of AU$0.57 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.0%).Buying Opportunity • Sep 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be €0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 44% in the next 2 years.Recent Insider Transactions • Aug 19Non-Executive Director recently sold €175k worth of stockOn the 18th of August, Clive Rabie sold around 200k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Upcoming Dividend • Aug 18Upcoming dividend of AU$0.03 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.0%).Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 02Full year 2021 earnings released: EPS: AU$0.086 (vs AU$0.073 in FY 2020)Full year 2021 results: EPS: AU$0.086 (up from AU$0.073 in FY 2020). Revenue: AU$71.3m (flat on FY 2020). Net income: AU$9.70m (up 18% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: AU$0.086 (vs AU$0.086 in FY 2020). Revenue: AU$71.3m (down 5.7% from FY 2020). Net income: AU$9.70m (flat on FY 2020). Profit margin: 14% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.3%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of AU$0.03 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 22 September 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.4%).Reported Earnings • Aug 12First half 2021 earnings released: EPS AU$0.046 (vs AU$0.041 in 1H 2020)The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: AU$37.5m (flat on 1H 2020). Net income: AU$5.26m (up 13% from 1H 2020). Profit margin: 14% (up from 12% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: AU$75.6m (flat on FY 2019). Net income: AU$9.74m (up 20% from FY 2019). Profit margin: 13% (up from 11% in FY 2019).Reported Earnings • Feb 21Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: AU$75.6m (flat on FY 2019). Net income: AU$9.74m (up 20% from FY 2019). Profit margin: 13% (up from 11% in FY 2019).Analyst Estimate Surprise Post Earnings • Feb 21Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to stay flat compared to a 31% growth forecast for the Software industry in Germany.Is New 90 Day High Low • Feb 06New 90-day high: €0.54The company is up 23% from its price of €0.44 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period.Is New 90 Day High Low • Jan 09New 90-day high: €0.53The company is up 12% from its price of €0.47 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 17% over the same period.매출 및 비용 세부 내역Reckon가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:UVW 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 256274030 Sep 256164030 Jun 255954031 Mar 255654031 Dec 245444030 Sep 245454030 Jun 245454031 Mar 245454031 Dec 235364030 Jun 235255031 Mar 235255031 Dec 225155030 Jun 225076031 Mar 225076031 Dec 215066030 Jun 216075031 Mar 216585031 Dec 207186030 Sep 207486030 Jun 207486031 Mar 207586031 Dec 197586030 Sep 197587030 Jun 197587031 Mar 197587031 Dec 187587030 Sep 187777030 Jun 187877031 Mar 187977031 Dec 178077030 Jun 175036031 Mar 175046031 Dec 165046030 Sep 1681128030 Jun 1680127031 Mar 1686137031 Dec 1591157030 Sep 1598167030 Jun 151041770양질의 수익: UVW는 고품질 수익을 보유하고 있습니다.이익 마진 증가: UVW의 현재 순 이익률 (11.8%)은 지난해 (8.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: UVW의 수익은 지난 5년 동안 연평균 6.1% 감소했습니다.성장 가속화: 지난 1년간 UVW 의 수익 증가율(66.7%)은 연간 평균(-6.1%)을 초과합니다.수익 대 산업: UVW의 지난 1년 수익 증가율(66.7%)은 Software 업계의 19.3%를 상회했습니다.자기자본이익률높은 ROE: UVW의 자본 수익률(27.5%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 21:14종가2026/05/26 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Reckon Limited는 6명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Alva DeVoyCGS InternationalMike YoungerGoldman SachsSinclair CurrieMA Moelis Australia Securities Pty Ltd3명의 분석가 더 보기
Reported Earnings • Aug 07First half 2024 earnings released: EPS: AU$0.031 (vs AU$0.037 in 1H 2023)First half 2024 results: EPS: AU$0.031 (down from AU$0.037 in 1H 2023). Revenue: AU$28.4m (up 1.0% from 1H 2023). Net income: AU$3.48m (down 17% from 1H 2023). Profit margin: 12% (down from 15% in 1H 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 13Full year 2023 earnings released: EPS: AU$0.049 (vs AU$0.04 in FY 2022)Full year 2023 results: EPS: AU$0.049 (up from AU$0.04 in FY 2022). Revenue: AU$53.4m (up 4.2% from FY 2022). Net income: AU$5.57m (up 22% from FY 2022). Profit margin: 10% (up from 8.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.
Reported Earnings • Aug 16First half 2023 earnings released: EPS: AU$0.037 (vs AU$0.033 in 1H 2022)First half 2023 results: EPS: AU$0.037 (up from AU$0.033 in 1H 2022). Revenue: AU$28.2m (up 4.3% from 1H 2022). Net income: AU$4.20m (up 13% from 1H 2022). Profit margin: 15% (up from 14% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.
Reported Earnings • Apr 02Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.055 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.055 in FY 2021). Revenue: AU$51.2m (up 3.5% from FY 2021). Net income: AU$4.55m (down 27% from FY 2021). Profit margin: 8.9% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.086 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.086 in FY 2021). Revenue: AU$51.2m (down 28% from FY 2021). Net income: AU$4.55m (down 53% from FY 2021). Profit margin: 8.9% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: AU$0.086 (vs AU$0.073 in FY 2020)Full year 2021 results: EPS: AU$0.086 (up from AU$0.073 in FY 2020). Revenue: AU$71.3m (flat on FY 2020). Net income: AU$9.70m (up 18% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 17Reckon Limited, Annual General Meeting, May 20, 2026Reckon Limited, Annual General Meeting, May 20, 2026. Location: level 2, 100 pacific highway, north sydney nsw 2026 Australia
공시 • Apr 14Reckon Limited, Annual General Meeting, May 14, 2025Reckon Limited, Annual General Meeting, May 14, 2025. Location: at level 2, 100 pacific highway, north sydney, nsw, 2060, Australia
공시 • Jan 07Reckon Limited (ASX:RKN) completed the acquisition of Money Management Group Pty Ltd for AUD 8.8 millionReckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million on December 18, 2024. A cash consideration of AUD 7.5 million will be paid by Reckon Limited. Reckon Limited will pay an earnout/contingent payment of AUD 1.25 million cash. As part of consideration, AUD 8.75 million is paid towards common equity of Money Management Group Pty Ltd. The expected completion of the transaction is January 1, 2025 to January 10, 2025. The acquisition will be funded through the Company’s existing bank facilities. Reckon Limited (ASX:RKN) completyed the acquisition of Money Management Group Pty Ltd on January 6, 2025.
공시 • Dec 19Reckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million.Reckon Limited (ASX:RKN) agreed to acquire Money Management Group Pty Ltd for AUD 8.8 million on December 18, 2024. A cash consideration of AUD 7.5 million will be paid by Reckon Limited. Reckon Limited will pay an earnout/contingent payment of AUD 1.25 million cash. As part of consideration, AUD 8.75 million is paid towards common equity of Money Management Group Pty Ltd. The expected completion of the transaction is January 1, 2025 to January 10, 2025. The acquisition will be funded through the Company’s existing bank facilities.
Reported Earnings • Aug 07First half 2024 earnings released: EPS: AU$0.031 (vs AU$0.037 in 1H 2023)First half 2024 results: EPS: AU$0.031 (down from AU$0.037 in 1H 2023). Revenue: AU$28.4m (up 1.0% from 1H 2023). Net income: AU$3.48m (down 17% from 1H 2023). Profit margin: 12% (down from 15% in 1H 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 13Full year 2023 earnings released: EPS: AU$0.049 (vs AU$0.04 in FY 2022)Full year 2023 results: EPS: AU$0.049 (up from AU$0.04 in FY 2022). Revenue: AU$53.4m (up 4.2% from FY 2022). Net income: AU$5.57m (up 22% from FY 2022). Profit margin: 10% (up from 8.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.
Upcoming Dividend • Aug 24Upcoming dividend of AU$0.025 per share at 8.6% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 29 September 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%).
New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.6% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (€37.3m market cap, or US$40.6m).
Reported Earnings • Aug 16First half 2023 earnings released: EPS: AU$0.037 (vs AU$0.033 in 1H 2022)First half 2023 results: EPS: AU$0.037 (up from AU$0.033 in 1H 2022). Revenue: AU$28.2m (up 4.3% from 1H 2022). Net income: AU$4.20m (up 13% from 1H 2022). Profit margin: 15% (up from 14% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year and the company’s share price has also fallen by 12% per year.
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€37.1m market cap, or US$41.6m).
Buying Opportunity • May 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €0.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 3.1%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Buying Opportunity • Apr 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has declined by 3.1%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • Apr 02Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.055 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.055 in FY 2021). Revenue: AU$51.2m (up 3.5% from FY 2021). Net income: AU$4.55m (down 27% from FY 2021). Profit margin: 8.9% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Buying Opportunity • Mar 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Buying Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be €0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.086 in FY 2021)Full year 2022 results: EPS: AU$0.04 (down from AU$0.086 in FY 2021). Revenue: AU$51.2m (down 28% from FY 2021). Net income: AU$4.55m (down 53% from FY 2021). Profit margin: 8.9% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Feb 14Reckon Limited Declares No Final Dividend for the Year of 2022Reckon Limited Board has not declared a final dividend (2021: 2 cents per share) for the year of 2022.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 09Now 48% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be €0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 44% in the next 2 years.
Upcoming Dividend • Nov 01Upcoming dividend of AU$0.57 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.0%).
Buying Opportunity • Sep 15Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be €0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has grown by 8.4%. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 44% in the next 2 years.
Recent Insider Transactions • Aug 19Non-Executive Director recently sold €175k worth of stockOn the 18th of August, Clive Rabie sold around 200k shares on-market at roughly €0.87 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Upcoming Dividend • Aug 18Upcoming dividend of AU$0.03 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.0%).
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Hayman was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 02Full year 2021 earnings released: EPS: AU$0.086 (vs AU$0.073 in FY 2020)Full year 2021 results: EPS: AU$0.086 (up from AU$0.073 in FY 2020). Revenue: AU$71.3m (flat on FY 2020). Net income: AU$9.70m (up 18% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). Over the next year, revenue is forecast to grow 2.1%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Feb 16Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: AU$0.086 (vs AU$0.086 in FY 2020). Revenue: AU$71.3m (down 5.7% from FY 2020). Net income: AU$9.70m (flat on FY 2020). Profit margin: 14% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.3%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of AU$0.03 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 22 September 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.4%).
Reported Earnings • Aug 12First half 2021 earnings released: EPS AU$0.046 (vs AU$0.041 in 1H 2020)The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: AU$37.5m (flat on 1H 2020). Net income: AU$5.26m (up 13% from 1H 2020). Profit margin: 14% (up from 12% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: AU$75.6m (flat on FY 2019). Net income: AU$9.74m (up 20% from FY 2019). Profit margin: 13% (up from 11% in FY 2019).
Reported Earnings • Feb 21Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: AU$75.6m (flat on FY 2019). Net income: AU$9.74m (up 20% from FY 2019). Profit margin: 13% (up from 11% in FY 2019).
Analyst Estimate Surprise Post Earnings • Feb 21Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to stay flat compared to a 31% growth forecast for the Software industry in Germany.
Is New 90 Day High Low • Feb 06New 90-day high: €0.54The company is up 23% from its price of €0.44 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period.
Is New 90 Day High Low • Jan 09New 90-day high: €0.53The company is up 12% from its price of €0.47 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 17% over the same period.