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Reckon ASX:RKN Stock Report

Last Price

AU$0.54

Market Cap

AU$61.2m

7D

-0.5%

1Y

8.0%

Updated

10 May, 2024

Data

Company Financials +

Reckon Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reckon
Historical stock prices
Current Share PriceAU$0.54
52 Week HighAU$0.66
52 Week LowAU$0.48
Beta0.11
1 Month Change-0.92%
3 Month Change-10.00%
1 Year Change8.00%
3 Year Change-32.08%
5 Year Change-11.48%
Change since IPO-80.78%

Recent News & Updates

Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025

Aug 28
Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025

Recent updates

Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025

Aug 28
Reckon (ASX:RKN) Has Announced That Its Dividend Will Be Reduced To A$0.025

With EPS Growth And More, Reckon (ASX:RKN) Is Interesting

Jun 30
With EPS Growth And More, Reckon (ASX:RKN) Is Interesting

When Should You Buy Reckon Limited (ASX:RKN)?

Jun 07
When Should You Buy Reckon Limited (ASX:RKN)?

Shareholders May Be More Conservative With Reckon Limited's (ASX:RKN) CEO Compensation For Now

May 19
Shareholders May Be More Conservative With Reckon Limited's (ASX:RKN) CEO Compensation For Now

We Think Reckon (ASX:RKN) Can Stay On Top Of Its Debt

Apr 08
We Think Reckon (ASX:RKN) Can Stay On Top Of Its Debt

With EPS Growth And More, Reckon (ASX:RKN) Is Interesting

Mar 24
With EPS Growth And More, Reckon (ASX:RKN) Is Interesting

Could Reckon Limited (ASX:RKN) Have The Makings Of Another Dividend Aristocrat?

Mar 09
Could Reckon Limited (ASX:RKN) Have The Makings Of Another Dividend Aristocrat?

Is Reckon Limited's (ASX:RKN) ROE Of 38% Impressive?

Feb 22
Is Reckon Limited's (ASX:RKN) ROE Of 38% Impressive?

At AU$0.83, Is It Time To Put Reckon Limited (ASX:RKN) On Your Watch List?

Jan 19
At AU$0.83, Is It Time To Put Reckon Limited (ASX:RKN) On Your Watch List?

Here's Why Reckon (ASX:RKN) Can Manage Its Debt Responsibly

Dec 28
Here's Why Reckon (ASX:RKN) Can Manage Its Debt Responsibly

Reckon's (ASX:RKN) Stock Price Has Reduced 67% In The Past Five Years

Dec 10
Reckon's (ASX:RKN) Stock Price Has Reduced 67% In The Past Five Years

Should You Be Impressed By Reckon Limited's (ASX:RKN) ROE?

Nov 22
Should You Be Impressed By Reckon Limited's (ASX:RKN) ROE?

Shareholder Returns

RKNAU SoftwareAU Market
7D-0.5%2.9%1.8%
1Y8.0%35.2%7.0%

Return vs Industry: RKN underperformed the Australian Software industry which returned 35.2% over the past year.

Return vs Market: RKN matched the Australian Market which returned 7% over the past year.

Price Volatility

Is RKN's price volatile compared to industry and market?
RKN volatility
RKN Average Weekly Movement4.2%
Software Industry Average Movement9.1%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.5%

Stable Share Price: RKN has not had significant price volatility in the past 3 months.

Volatility Over Time: RKN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aSam Allertwww.reckon.com/au/

Reckon Limited provides software solutions in Australia, the United States, and internationally. It offers Reckon One, software as a service cloud-based accounting and payroll software platform, which includes mobile app functionality for small businesses; Reckon Payroll, a cloud payroll software for employee self-service; Reckon invoice to create and send online invoices; Reckon business loans; Reckon Accounts Hosted, an online accounting software for large businesses; Reckon Insights, a financial reporting and analytics software; and Reckon Payments that accepts online payments. The company also provides bank reconciliation software that imports bank transactions; expense management software for small businesses; Reckon Timesheets, a software to track time and manage employee timesheets; and project management software for managing jobs and projects to track profitability.

Reckon Limited Fundamentals Summary

How do Reckon's earnings and revenue compare to its market cap?
RKN fundamental statistics
Market capAU$61.18m
Earnings (TTM)AU$5.57m
Revenue (TTM)AU$53.41m

11.0x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RKN income statement (TTM)
RevenueAU$53.41m
Cost of RevenueAU$25.51m
Gross ProfitAU$27.90m
Other ExpensesAU$22.33m
EarningsAU$5.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin52.23%
Net Profit Margin10.43%
Debt/Equity Ratio19.1%

How did RKN perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

51%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.