RKN · ASX

Reckon Limited (ASX:RKN)

AU$0.56

 -0.01 (-1.754%)
ASX:Live
20/11/2024 12:00:00 AM
HALO Ords HALO Capital Efficiency GROWTH AUS Fakey Shakey - Short EMA 125 Breakup +2
Consensus Score
/10
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RKN Overview

RKN Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Very Weak

Balance Sheet

Weak

About RKN

Website

Reckon Limited

Telephone

61.2.9134.3300

Address

Level 2 100 Pacific Highway North Sydney, New South Wales (NSW) 2060

Description

Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. It operates through the following segments: Business Group, Accountant Practice Management Group, and Legal Practice Management Group. The Business Group segment involves in the development, distribution, and support of business accounting and personal finance accounting. The Accountant Practice Management Group segment engages in the development, distribution, and support of practice management, tax, client accounting, and related software under the accounting practice software (APS) brand, as well as the ReckonDocs and Reckon Elite products. The Legal Practice Management Group segment refers to the development, distribution, and support of cost recovery, cost management, scan, and software under the nQueueBillback brand to the legal market. The company was founded by Gregory John Wilkinson, Philip Ross Hayman, and Steve Rickwood on June 28, 1987 and is headquartered in North Sydney, Australia.

RKN Price Chart

Key Stats

Market Cap

AU$64.58M

PE

12.00

EV/EBITDA

3.4

Dividends Overview

DIV Yield

4.2%

Franking

100%

Ex Dividend Date (est.)

15-Aug-24

Market Data

52 weeks range

Low 0.5 - 0.63

Trade Value (12mth)

AU$13,481.00

1 week

-4.27%

1 month

4.67%

YTD

-6.67%

1 year

0%

All time high

1.34

Key Fundamentals

EPS 3 yr Growth

-42.70%

EBITDA Margin

36.90%

Operating Cashflow

$19m

Free Cash Flow Return

83.00%

ROIC

24.20%

Interest Coverage

99.20

Quick Ratio

0.40

Other Data

Shares on Issue (Fully Dilluted)

113m

HALO Sector

Technology

Next Company Report Date

17-Feb-25

Ex Dividend Date (est.)

15-Aug-24

Next Dividend Pay Date (est.)

02-Sep-24

Reporting Currency

AUD

Short Sell (% of issue)

0.00

RKN Announcements

Latest Announcements

Date Announcements

06 August 24

Appendix 4D and Half Year Accounts

×

Appendix 4D and Half Year Accounts

06 August 24

Dividend/Distribution - RKN

×

Dividend/Distribution - RKN

06 August 24

2024 Half Year Results Summary

×

2024 Half Year Results Summary

06 August 24

Investor Presentation

×

Investor Presentation

05 June 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

04 June 24

Change in substantial holding

×

Change in substantial holding

04 June 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

24 May 24

Results of Meeting

×

Results of Meeting

24 May 24

Change of Registry Address

×

Change of Registry Address

22 April 24

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

11 April 24

Update - Notification regarding unquoted securities - RKN

×

Update - Notification regarding unquoted securities - RKN

11 April 24

Notification of cessation of securities - RKN

×

Notification of cessation of securities - RKN

11 April 24

Update - Notification regarding unquoted securities - RKN

×

Update - Notification regarding unquoted securities - RKN

11 April 24

Notification regarding unquoted securities - RKN

×

Notification regarding unquoted securities - RKN

09 April 24

Becoming a substantial holder

×

Becoming a substantial holder

28 March 24

Annual Report to shareholders

×

Annual Report to shareholders

28 March 24

Appendix 4G and Corporate Governance Statement

×

Appendix 4G and Corporate Governance Statement

25 March 24

Change in substantial holding

×

Change in substantial holding

22 March 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

22 March 24

Becoming a substantial holder

×

Becoming a substantial holder

22 March 24

Change in substantial holding

×

Change in substantial holding

21 March 24

Legal Group Investor Presentation

×

Legal Group Investor Presentation

01 March 24

Change in substantial holding

×

Change in substantial holding

29 February 24

Change in substantial holding

×

Change in substantial holding

16 February 24

Change of Director's Interest Notice- Clive Rabie

×

Change of Director's Interest Notice- Clive Rabie

RKN Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.09 0.06 0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.08 0.06 0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.9 -25.6 -23.7 Lock Lock Lock
     PE X Lock Lock Lock Lock 12.0 87.1 12.0 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.1 0.0 3.4 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.09 0.05 0.17 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.04 -0.54 0.14 Lock Lock Lock
     Growth % Lock Lock Lock Lock -11.1 -41.4 238.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.0 -90.0 25.1 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.05 0.03 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.0 -40.0 -16.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 5.8 0.0 4.2 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 58 47 51 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.27 0.15 0.17 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock -0.24 -0.12 -0.11 Lock Lock Lock
     Growth % Lock Lock Lock Lock 31.4 49.9 9.7 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 116 116 114 Lock Lock Lock
Basic m Lock Lock Lock Lock 113 113 113 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 50 51 53 Lock Lock Lock
     Growth % Lock Lock Lock Lock -24.3 3.5 4.2 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 8 8 8 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 14 13 14 Lock Lock Lock
     Growth % Lock Lock Lock Lock -8.7 -2.7 0.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 28.0 26.3 25.3 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 72 74 75 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 18 18 20 Lock Lock Lock
     Growth % Lock Lock Lock Lock -26.5 4.7 7.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 35.5 36.0 36.9 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 11 13 14 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 6 5 5 Lock Lock Lock
     Growth % Lock Lock Lock Lock 11.0 -15.0 0.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 12.6 10.3 10.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 5 5 5 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 0 1 0 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 10 7 6 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.9 -25.6 -23.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 19.8 14.3 10.4 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 11 8 19 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 1 0 15 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock 13 78 -15 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -23 -86 -5 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 10 7 19 Lock Lock Lock
     Growth % Lock Lock Lock Lock -19.1 -25.6 153.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.2 0.1 0.4 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 1 1 1 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 72 40 41 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 19 5 4 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 20 5 4 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 40 22 22 Lock Lock Lock
Equity $m Lock Lock Lock Lock 31 17 20 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 50 23 24 Lock Lock Lock
     Growth % Lock Lock Lock Lock -19.4 -54.8 4.5 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 13.7 18.3 13.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 32.2 42.6 28.5 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 10.7 13.7 21.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 11.2 12.6 24.2 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 19.3 21.2 83.0 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 40.6 256.0 99.2 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 1.1 0.3 0.2 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 64.7 30.7 21.6 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.5 0.4 0.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.4 0.4 0.4 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 19.1 24.8 18.5 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 71.0 61.7 158.2 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 11.4 19.2 25.2 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 43.4 82.7 120.4 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 9.0 6.5 5.3 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.7 1.3 1.3 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.7 1.3 1.3 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 11.0 9.3 9.6 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 7.6 11.9 12.4 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock -3.5 24.5 4.4 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 13.7 18.3 13.5 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.4 2.3 2.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 32.2 42.6 28.5 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 42.3 53.5 49.2 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 13.6 22.8 14.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 8.4 4.4 3.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 32.1 19.0 14.5 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 40.5 23.4 17.5 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 44.4 37.9 28.2 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -4.0 -14.5 -10.7 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

15-Aug-24

DIV Yield

4.2%

Franking Level

100%

DPSg

-16.70%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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RKN Shortsell

Frequently Asked Questions

The current share price of Reckon Limited (RKN:ASX) is AU$0.56.
The 52-week high share price for Reckon Limited (RKN:ASX) is AU$0.63.
The 52-week low share price for Reckon Limited (RKN:ASX)? is AU$0.50.
The current TTM dividend payout for Reckon Limited (RKN:ASX) is 4.20.
The last dividend payment of Reckon Limited (RKN:ASX) is AU$0.03.
Reckon Limited (RKN:ASX) has a franking level of 100.0%.
Reckon Limited (RKN:ASX) is classified in the Technology.
The current P/E ratio for Reckon Limited (RKN:ASX) is 12.00.
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.