Added to YB: 2024-03-01
Pitch date: 2024-02-29
RKN.AX [bullish]
Reckon Limited
+11.9%
current return
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 0.51
Price Target
N/A
Dividend
4.24%
EV/EBITDA
203.10
P/E
12.49
EV/Sales
1.28
Sector
Software
Category
value
Show full summary:
Reporting Season Quick Review: Reckon Limited - $RKN.AX
$RKN.AX: Valued at $63M, 1.2x rev, 1.3x ARR, 3.1x EBITDA, 12x P/E. Transitioning to Reckon One, 8.5% div. Buyout potential at 8.4x EBITDA ($181M). Legal grp +15% insider stake. Progressive asset sales, aligned incentives, small insider selling post earnings.
Read full article (2 min)