Reckon posts profit surge but deeper negative net tangible assets

An update from Reckon Limited ( (AU:RKN) ) is now available.

Reckon Limited reported strong growth for the year ended 31 December 2025, with revenue from continuing operations rising 15.4% to $62.4 million and EBITDA up 29.3% to $26.1 million. Net profit from continuing operations almost doubled to $7.0 million, while net profit attributable to members climbed 66.7% to $7.4 million, and the company paid a fully franked dividend of 2.5 cents per share in September 2025.

Despite the profit and revenue gains, Reckon’s net tangible assets position deteriorated, falling to negative 19.8 cents per share from negative 12.6 cents a year earlier, suggesting a balance sheet more heavily weighted to intangibles or liabilities. The preliminary results are still subject to audit, but the company expects an unmodified opinion, which should provide shareholders and creditors with added confidence in the reported performance and the sustainability of its current operating momentum.

The most recent analyst rating on (AU:RKN) stock is a Hold with a A$0.50 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 is an Australian software company headquartered in North Sydney, focused on providing accounting and business management solutions. Its products target small and medium-sized enterprises seeking cloud-based and desktop tools to manage finances, compliance, and day-to-day operations efficiently in the local and broader Asia-Pacific market.

YTD Price Performance: -12.28%

Average Trading Volume: 44,546

Technical Sentiment Signal: Sell

Current Market Cap: A$56.63M

See more data about RKN stock on TipRanks’ Stock Analysis page.