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The latest announcement is out from Reckon Limited ( (AU:RKN) ).
Reckon Limited reported strong financial results for the first half of 2025, with a 16% increase in revenue, 21% growth in EBITDA, and a 35% rise in NPAT. The company’s acquisition of Cashflow Manager and the performance of its cloud-based product, Reckon One, contributed significantly to this growth. The Legal Group also saw an 18% increase in subscription revenue, driven by the Billing Workflows products. The company continues to focus on transitioning legacy product users to Reckon One and investing in high-growth opportunities, maintaining a strong balance sheet and rewarding shareholders with dividends.
The most recent analyst rating on (AU:RKN) stock is a Hold with a A$0.65 price target. To see the full list of analyst forecasts on Reckon Limited stock, see the AU:RKN Stock Forecast page.
More about Reckon Limited
Reckon Limited operates in the software industry, providing cloud-based accounting and payroll solutions. The company focuses on serving small and medium enterprises (SMEs) with products like Reckon One and has a significant presence in the legal market through its Legal Group, particularly in the US and UK.
YTD Price Performance: -14.57%
Average Trading Volume: 56,734
Technical Sentiment Signal: Buy
Current Market Cap: A$57.77M
Learn more about RKN stock on TipRanks’ Stock Analysis page.