Professional
Added to YB: 2025-09-03
Pitch date: 2025-08-31
RKN.AX [neutral]
Reckon Limited
Author Info
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Company Info
Reckon Limited provides software solutions in Australia, New Zealand, the United States, and internationally.
Market Cap
AUD 66.8M
Pitch Price
AUD 0.57
Price Target
N/A
Dividend
4.24%
EV/EBITDA
203.10
P/E
12.49
EV/Sales
1.28
Sector
Software
Category
growth
Hurdle Rate Portfolio Holding: Reckon Limited
RKN.AX (holding update): H1 net profit +29%, ROE increased to 23%. Reckon One revenue +26% driven by price increases & plan changes, ARPU +32% despite 4k subscriber decline. Legal group revenue +18% with strong billing backlog. Cash Flow Manager delivered $3.1M revenue, $1.4M EBITDA.
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