$0.67

0.02 (3.08%)

Want access to our research and new buy ideas?

Take a free 15 day trial - no credit card required.

Start your free trial now

RKN General Information

Reckon Limited
RKN
http://www.reckon.com.au
Application Software
75
113

RKN Current Share Price+

Current Price $0.670
Open $0.655
High $0.670
Low $0.655
Last Close $0.650
Volume 19996
Price Movement $0.02 ( 3.08% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

RKN Research

RKN Recommendation

Current recommendation UNLOCK
Business risk UNLOCK
Share price risk UNLOCK

RKN Company Overview

Business Description

Reckon Limited (RKN) is a provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management sectors. RKN operates two core areas which are Business solutions and Practice Management.

RKN Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 9.12 8.10 1,369.10% 13.20 0.00 0.00% 0.0%
2017 A 2.21 0.60 -93.70% 269.50 0.00 0.00% 0.0%
2016 A 10.60 8.80 -28.80% 17.70 4.70 3.10% 0.0%

RKN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Altium (ALU) $4,430M 0.2865 0.3177 0.2914 85.7937 65.1065 50.4159 0.82% 1.30% 1.53%
Reckon (RKN) $74M 13.6909 0.0000 0.0000 8.0446 0.0000 0.0000 0.00% 0.00% 0.00%
Technology One (TNE) $2,394M 0.1418 0.1758 0.1764 46.8944 39.8838 33.9021 1.46% 1.42% 1.65%
Wisetech Global (WTC) $5,992M 0.2776 0.5058 0.4329 143.1655 95.0788 66.3555 0.14% 0.20% 0.28%
Xero (XRO) $6,729M 0.0000 0.0000 0.0000 0.0000 0.0000 175.2290 0.00% 0.00% 0.00%

RKN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 8.29 4.85 0.00
Market 0.91 16.70 1.50 1.66
Sector 1.75 23.70 2.33 1.39

RKN Directors

Name Position Start Date
Mr Samuel (Sam) Allert Chief Executive Officer, Executive Director 1 Jul 2018
Mr Clive Rabie Executive Director, Managing Director 24 May 2005
Mr Philip (Phil) Ross Hayman Non-Executive Director 1 Jul 2018
Mr Gregory (Greg) John Wilkinson Non-Executive Director, Non-Executive Chairman 5 Aug 1987

RKN Management

Name Position
Myron Charles Zlotnick General Counsel,Company Secretary
Chris Hagglund Group Chief Financial Officer
Sam Allert MD ANZ

RKN Substantial Shareholders

Holding Name
32,054,722 (28.29%) HSBC Custody Nominees (Australia) Limited
16,088,278 (14.20%) Wilson Asset Management Group
13,556,177 (11.97%) JP Morgan Nominees Australia Limited
10,763,572 (9.50%) FMR LLC and the entities
10,650,191 (9.40%) Clive Rabie
8,900,775 (7.86%) National Nominees Limited
8,900,775 (7.86%) National Nominees Limited
8,896,535 (7.85%) Spheria Asset Management Pty Limited
7,610,793 (6.72%) Greg Wilkinson
7,610,793 (6.72%) Greg Wilkinson
6,574,966 (5.80%) Citicorp Nominees Pty Limited
6,574,966 (5.80%) Citicorp Nominees Pty Limited

RKN Calendar of Events

Date Event
11 February 2020 Report (Prelim)
06 August 2019 Report (Interim)
17 April 2019 Report (Annual)
26 March 2019 Report (Annual)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.