Reckon Management

Management criteria checks 3/4

Reckon's CEO is Sam Allert, appointed in Jul 2018, has a tenure of 6.33 years. total yearly compensation is A$847.60K, comprised of 71.5% salary and 28.5% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth A$522.84K. The average tenure of the management team and the board of directors is 13.2 years and 12.9 years respectively.

Key information

Sam Allert

Chief executive officer

AU$847.6k

Total compensation

CEO salary percentage	71.5%
CEO tenure	6.3yrs
CEO ownership	0.8%
Management average tenure	13.2yrs
Board average tenure	12.9yrs

Recent management updates

Recent updates

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

May 19

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

Apr 08

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

Mar 24

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

Mar 09

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

Feb 22

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

Jan 19

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

Dec 28

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

Dec 10

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

Nov 22

CEO Compensation Analysis

How has Sam Allert's remuneration changed compared to Reckon's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	AU$5m
Mar 31 2024	n/a	n/a	AU$5m
Dec 31 2023	AU$848k	AU$606k	AU$6m
Jun 30 2023	n/a	n/a	AU$5m
Mar 31 2023	n/a	n/a	AU$5m
Dec 31 2022	AU$2m	AU$609k	AU$5m
Jun 30 2022	n/a	n/a	AU$7m
Mar 31 2022	n/a	n/a	AU$7m
Dec 31 2021	AU$989k	AU$598k	AU$6m
Jun 30 2021	n/a	n/a	AU$7m
Mar 31 2021	n/a	n/a	AU$8m
Dec 31 2020	AU$915k	AU$589k	AU$8m
Sep 30 2020	n/a	n/a	AU$8m
Jun 30 2020	n/a	n/a	AU$8m
Mar 31 2020	n/a	n/a	AU$8m
Dec 31 2019	AU$809k	AU$577k	AU$8m
Sep 30 2019	n/a	n/a	AU$8m
Jun 30 2019	n/a	n/a	AU$8m
Mar 31 2019	n/a	n/a	AU$8m
Dec 31 2018	AU$723k	AU$504k	AU$8m
Sep 30 2018	n/a	n/a	AU$7m
Jun 30 2018	n/a	n/a	AU$7m
Mar 31 2018	n/a	n/a	AU$7m
Dec 31 2017	AU$665k	AU$428k	AU$7m

Compensation vs Market: Sam's total compensation ($USD547.23K) is above average for companies of similar size in the Australian market ($USD295.69K).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.

CEO

Sam Allert

6.3yrs

Tenure

AU$847,603

Compensation

Mr. Samuel Allert, also known as Sam, has been Group Chief Executive Officer and Executive Director at Reckon Limited since July 1, 2018. Mr. Allert served as Managing Director of Business and Accountant G...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Samuel Allert	Group CEO & Executive Director	6.3yrs	AU$847.60k	0.80% A$ 522.8k
Gregory Wilkinson	Founder & Independent Non-Executive Director	37.8yrs	AU$83.06k	6.72% A$ 4.4m
Christer Hagglund	Group Chief Financial Officer	20.1yrs	AU$668.46k	0.92% A$ 602.1k
Thomas Rowe	Company Secretary	1.7yrs	no data	no data

13.2yrs

Average Tenure

Experienced Management: RKN's management team is seasoned and experienced (13.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Samuel Allert	Group CEO & Executive Director	6.3yrs	AU$847.60k	0.80% A$ 522.8k
Gregory Wilkinson	Founder & Independent Non-Executive Director	25.3yrs	AU$83.06k	6.72% A$ 4.4m
Clive Rabie	Non-Executive Chairman	19.5yrs	AU$166.13k	2.22% A$ 1.4m
Philip Hayman	Independent Non-Executive Director	6.3yrs	AU$83.06k	0.57% A$ 374.3k

12.9yrs

Average Tenure

65yo

Average Age

Experienced Board: RKN's board of directors are seasoned and experienced ( 12.9 years average tenure).

Reckon Management

Management criteria checks 3/4

Key information

Recent management updates

Reckon Limited, Annual General Meeting, May 24, 2024

Reckon Limited, Annual General Meeting, May 24, 2024

Insufficient new directors

Non-Executive Director recently sold AU$255k worth of stock

Insufficient new directors

Reckon Limited, Annual General Meeting, May 25, 2022

Recent updates

Consensus EPS estimates fall by 12%

First half 2024 earnings released: EPS: AU$0.031 (vs AU$0.037 in 1H 2023)

Reckon Limited, Annual General Meeting, May 24, 2024

Reckon Limited, Annual General Meeting, May 24, 2024

Price target increased by 8.8% to AU$0.78

Full year 2023 earnings: EPS misses analyst expectations

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

Upcoming dividend of AU$0.025 per share at 8.6% yield

First half 2023 earnings released: EPS: AU$0.037 (vs AU$0.033 in 1H 2022)

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.055 in FY 2021)

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.086 in FY 2021)

Reckon Limited Declares No Final Dividend for the Year of 2022

Price target increased to AU$1.25

Insufficient new directors

Now 44% undervalued after recent price drop

Upcoming dividend of AU$0.57 per share

Reckon Limited Declares A Special Dividend, 2022, Payable on 21 November 2022

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Non-Executive Director recently sold AU$255k worth of stock

Upcoming dividend of AU$0.03 per share

Reckon Limited Declares an Interim Fully Franked Dividend for the Six Months Ended June 30, 2022, Payable on 23 September 2022

Access UK Limited completed the acquisition of Accountants Practice Management Group from Reckon Limited (ASX:RKN).

Access UK Limited entered into an agreement to acquire Accountants Practice Management Group from Reckon Limited (ASX:RKN) for $100 million.

Investor sentiment improved over the past week

Insufficient new directors

Full year 2021 earnings released: EPS: AU$0.086 (vs AU$0.086 in FY 2020)

Reckon Limited, Annual General Meeting, May 25, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Reckon Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on March 25, 2022

Investor sentiment improved over the past week

Upcoming dividend of AU$0.03 per share

First half 2021 earnings released: EPS AU$0.046 (vs AU$0.041 in 1H 2020)

Novatti Group Limited (ASX:NOV) completed the acquisition of 19.9% stake in Reckon Limited (ASX:RKN) from institutional investors for AUD 22.5 million.

Investor sentiment improved over the past week

Novatti Group Limited (ASX:NOV) entered into a share purchase agreement to acquire a stake in Reckon Limited (ASX:RKN) from institutional investors for approximately AUD 17 million.

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

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

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

Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)

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

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

NowInfinity Pty Ltd completed the acquisition of ReckonDocs Business from Reckon Limited.

New 90-day low: AU$0.75

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

Revenue misses expectations

Full year 2020 earnings released: EPS AU$0.086 (vs AU$0.072 in FY 2019)

Price target raised to AU$0.95

NowInfinity Pty Ltd enter into an agreement to acquire ReckonDocs Business from Reckon Limited for AUD 13 million.

Reckon Limited (ASX:RKN) completed the acquisition of ZebraWorks, Inc.

New 90-day high: AU$0.90

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

New 90-day high: AU$0.83

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

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

New 90-day high - AU$0.87

New 90-day high - AU$0.85

First half earnings released

New 90-day high - AU$0.78

Reckon Limited (ASX:RKN) sign an agreement to acquire ZebraWorks, Inc

CEO Compensation Analysis

CEO

Tenure

Compensation