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Reckon Limited (ASX:RKN)

ALERT: Price-sensitive ASX Announcement for RKN
Current share price for RKN : $0.435 -0.005 (-1.14%)+
Announcement
Release
4 Aug 2026 8:22AM
Price at Release
$0.440
Full Release
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Summary
Reckon Limited reported its HY26 results, highlighting revenue of $32 million, an EBITDA of $14 million, and a net profit after tax (NPAT) of $5 million for the half year ended 30 June 2026. The company has focused on AI and innovation, resulting in significant efficiency gains of approximately 30% in product development processes. Reckon One, a cloud-based solution targeting SMEs, experienced a 23% growth in billing. The company continues to invest in scaling its cloud products and AI solutions across its businesses, enhancing value for clients and contributing to strong financial outcomes. Reckon Limited also maintained a strong balance sheet with a net debt of $1.5 million and declared a fully franked dividend of 2.5 cents per share.
Key Points
  • Revenue of $32 million for HY26.
  • EBITDA of $14 million and NPAT of $5 million.
  • AI and innovation led to 30% efficiency gains.
  • Reckon One billing grew by 23%.
  • Investments in cloud products and AI solutions.
  • Net debt reduced to $1.5 million.
  • Declared dividend of 2.5 cents per share.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.