ASX Share rice
Sat 15 May 2021 - 02:58:am (Sydney)

RKN Share Price

RECKON LIMITEDRKNSoftware & Services

RKN Company Information

Name:

Reckon Limited

Sector:

Technology

Industry:

Software-Application

GIC Industry:

Software

GIC Sub Industry:

Application Software

Address:

100 Pacific Highway North Sydney NSW Australia 2060

Phone:

61 2 9577 5000

Group CEO & Exec. Director:

Mr. Samuel Allert

Group Chief Financial Officer:

Mr. Christer Henrik Hagglund

Group MD & Exec. Director:

Mr. Clive Alan Rabie

Company Sec.:

Mr. Myron Zlotnick L.L.M., LLM, GCertAppFin

Company Overview:

Reckon Limited provides software solutions in Australia, the United States, and internationally. It operates through Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal segments. The company offers Reckon One, an online accounting software for small businesses; Single Touch Payroll software for managing pay runs, allowances, leave, and superannuation; Reckon Accounts Hosted, an online accounting software to manage finances, payroll, and inventory; Reckon Cloud POS, an online point of sale software; and Better Clinics, an online practice management software for health and fitness professionals. It also provides Reckon Loans, which offers business loans; Reckon Accounts Desktop, a desktop accounting software; Desktop Point of Sale; Reckon Personal Range for personal finances; Reckon APS that provides accounting practice solutions; Reckon Elite for smaller practice management; and Reckon Billback, a client cost recovery solution. In addition, the company develops, distributes, and supports cost recovery, scan and cloud-based integration platforms under the nQ Zebraworks brand primarily to the legal market. Reckon Limited was incorporated in 1987 and is headquartered in North Sydney, Australia.

RKN Share Price Information

Shares Issued:

113.30M

Market Capitalisation:

$89.50M

Dividend per Share:

$0.05

Ex Dividend Date:

2021-02-23

Dividend Yield:

6.33%

Revenue (TTM):

$75.59M

Revenue Per Share (TTM):

$0.67

Earnings per Share:

$0.084

Profit Margin:

0.1288

Operating Margin (TTM):

$0.17

Return On Assets (TTM):

$0.10

Return On Equity (TTM):

$0.42

Quarterly Revenue Growth (YOY):

-0.011

Gross Profit(TTM):

$41.94M

Diluted Earnings Per Share (TTM):

$0.084

QuarterlyEarnings Growth(YOY):

0.523

RKN CashFlow Statement

CashFlow Date:

2020-12-31

Investments:

$568K

Change To Liabilities:

$-207,000

Total Cashflow From Investing Activities:

$568K

Net Borrowings:

$-7,791,000

Net Income:

$9.74M

Total Cash From Operating Activities:

$12.91M

Depreciation:

$2.56M

Other Cashflow From Investing Activities:

$1.06M

Dividends Paid:

$-5,665,000

Change To Inventory:

$303K

Change To Account Receivables:

$2.29M

Capital Expenditures:

$496K

RKN Income Statement

Income Date:

2020-12-31

Income Before Tax:

$12.37M

Net Income:

$9.74M

Gross Profit:

$66.89M

Operating Income:

$13.54M

Other Operating Expenses:

$4.12M

Interest Expense:

$0.99M

Income Tax Expense:

$2.64M

Total Revenue:

$75.59M

Cost Of Revenue:

$8.70M

RKN Balance Sheet

Balance Sheet Date:

2020-12-31

Intangible Assets:

$36.63M

Total Liabilities:

$57.67M

Total Stockholder Equity:

$25.38M

Other Current Liabilities:

$5.55M

Total Assets:

$83.04M

Common Stock:

$20.52M

Other Current Assets:

$32K

Retained Earnings:

$54.51M

Other Liabilities:

$6.33M

Good Will:

$29.11M

Other Assets:

$281K

Cash:

$1.13M

Total Current Liabilities:

$14.50M

Property - Plant & Equipment:

$7.88M

Net Tangible Assets:

$-40,353,000

Total Current Assets:

$9.15M

Long-Term Debt:

$31.79M

Net Receivables:

$5.31M

Short-Term Investments:

$73.90M

Inventory:

$1.08M

Accounts Payable:

$4.21M

Non Currrent Assets (Other):

$186K

Short-Term Investments:

$73.90

Non Current Liabilities Total:

$43.17M

RKN Share Price History

RKN News

02 Apr, 2021
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
25 Feb, 2021
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
20 Jan, 2021
Reckon Limited ( ASX:RKN ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
06 Dec, 2020
We think intelligent long term investing is the way to go. But that doesn't mean long term investors can avoid big...
19 Nov, 2020
(Bloomberg) -- Sharp Corp. will return to Japan’s Nikkei 225 Stock Average, replacing NTT Docomo Inc. and marking a comeback on Japan’s premier blue-chip index just four years after it was removed.The electronics maker will join the gauge on Dec. 2, Nikkei Inc. said in a statement. The unscheduled change comes as a result of Docomo’s impending delisting after parent Nippon Telegraph & Telephone Corp. succeeded in its $40 billion tender offer for the mobile unit.Sharp shares surged as much as 8.5% in early trading in Tokyo on Thursday, the most since August 6. The addition caps a turnaround led by Foxconn Technology Group, which took over Sharp in 2016 in a $3.5 billion deal following years of losses. Having expressed doubts about its ability to stay in business amid severe financing issues, it has been overhauled under Foxconn’s management and turned back to posting largely consistent profits.While the appointment is not completely out of the blue, with Sharp having been cited by analysts as a possible candidate, some were taken aback. Sharp’s market value of about $6 billion would place it in the bottom half of companies on Nikkei, with the stock closing Wednesday just 9% higher than when it was removed from the measure in 2016.“It’s a bit of a surprise, given that its profits had worsened for a bit and it wasn’t the leading candidate for the replacement,” said Tomoichiro Kubota, a senior market analyst at Matsui Securities Co. “There were other major electronic maker names with large market caps that have been left alone.”Those names included Rohm Co., Anritsu Corp. posited by SMBC Nikko Securities, while Daiwa had raised Murata Manufacturing Co., Aisin Seiki Co. and Shimadzu Corp. as potential replacements. Shares of all of these candidates fell by at least 2%.Surprise InclusionsThe addition itself wasn’t surprising, but the deemed par value of 50 yen was, analyst Travis Lundy wrote in a note on Smartkarma. That could help lift Sharp’s shares more than other companies added to the index.“I would expect this to trade strong, then trade stronger,” he wrote. “ I would not be surprised to see it move 50%.”Docomo’s delisting was effectively confirmed on Tuesday, with NTT having succeeded in taking its stake to more than 90%, allowing it to squeeze out the remaining shareholders.With funds tracking the index needing to buy and sell to reflect the changes, and speculators seeking to profit in advance, Nikkei 225 changes are reliable events for volatility. That’s especially been the case given the increasing purchases of exchange-traded funds tracking the Nikkei purchased by the Bank of Japan in order to support the market. Components are usually replaced with highly liquid names from the same sector -- but there have been several surprise inclusions in 2020, in what’s been an unexpectedly active year for the index, largely thanks to the unwinding of so-called parent-child listings of publicly traded units.Game maker Nexon Co. surged after being added to the gauge in October, a surprise replacement for convenience store chain FamilyMart Co. after it was bought out by Itochu Corp. Japan Exchange Group Inc. replaced Sony Financial Holdings earlier in the year, after Sony Corp. took full control of the unit, while SoftBank Group Corp.’s mobile unit SoftBank Corp. was another eye-catching addition when it joined in September as part of the index’s annual review.Iida Group Holdings will replace Docomo in the Nikkei 300, while UT Group will take its place in the Nikkei 500.(Updates with Sharp share reaction in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
22 Oct, 2020
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
03 Sep, 2020
With a price-to-earnings (or "P/E") ratio of 12x Reckon Limited (ASX:RKN) may be sending bullish signals at the...
20 Aug, 2020
It looks like Reckon Limited (ASX:RKN) is about to go ex-dividend in the next 4 days. You can purchase shares before...
22 Jul, 2020
Reckon Limited (ASX:RKN), might not be a large cap stock, but it received a lot of attention from a substantial price...

RKN Dividend Payments

EX-Date Dividend Amount
2010-02-15$0.0376
2010-08-18$0.0329
2011-02-14$0.0423
2011-08-17$0.0329
2012-02-13$0.0423
2012-08-16$0.0352
2013-02-11$0.0446
2013-08-22$0.0376
2014-02-17$0.0446
2014-08-25$0.0399
2015-02-18$0.0446
2015-08-24$0.0399
2016-03-16$0.0282
2016-08-16$0.0188
2017-02-21$0.0282
2018-08-14$0.0300
2019-08-27$0.0300
2020-02-25$0.0200
2020-08-25$0.0300
2021-02-23$0.0200

RKN Dividends (last 12 Years)