Reckon Limited (AU:RKN) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Reckon Limited reported a slight increase in revenue for the first half of 2024, up 1% to $28.4 million, but saw a decrease in net profit by 18% compared to the previous year, attributing the decline to a one-time tax benefit adjustment from 2023. Despite the dip in profitability, the company maintained its dividend payout at 2.5 cents per share and noted an improvement in net tangible assets per share. Investors should note that the results have been reviewed, not audited, without any disputes or qualifications.
For further insights into AU:RKN stock, check out TipRanks’ Stock Analysis page.

