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Reckon RKN.AX · AUD

Information Technology · ASX · 🇦🇺 Australia

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0.41

+2.53%

Close of 9 Nov 2026, in AUD

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About Reckon

Its shares trade on ASX under the ticker RKN.AX. It has been listed since 19 July 2007. In the fiscal year to 31 December 2025, it reported revenue of A$62.4m and net income of A$7.4m. At that date it held total assets of A$56.3m and shareholders' equity of A$25.7m.

Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. The company is headquartered in North Sydney, New South Wales. The company went IPO on 2007-07-19. The firm operates in three segments: Business Group, Accountant Group and International Group. Its Business Group is engaged in the development, distribution and support of business accounting and personal financial software, as well as related products and services. Products sold in Business Group segment include Reckon Accounts and Reckon One. Its Accountant Group is engaged in the development, distribution and support of practice management, tax, client accounting and related software under the APS brand, as well as the Reckon Docs, SyncDirect and Reckon Elite products. Its Accountant Group also supplies and supports company secretarial services. The firm's International Group is engaged in the development, distribution and support of cost recovery, cost management and related software under the nQueue Billback brand and document management, and client portal products under the Virtual Cabinet brand.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
Software
Listed since
19 Jul 2007
Employees
180

Leadership

Pay as last reported

  • Mr. Clive RabieNon-Executive Chairman of the Board, since 2001A$166,125
  • Mr. Samuel AllertGroup Chief Executive Officer, Executive Director, since 2012A$847,603
  • Mr. Chris HagglundGroup Chief Financial OfficerA$668,456
  • Mr. Tom RoweCompany Secretary
  • Mr. Philip HaymanNon-Executive Independent Director, since 2018A$83,063
  • Mr. Gregory WilkinsonNon-Executive Independent Director, since 2023A$83,063

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
24
Environment
27
Social
19
Governance
25
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Reckon Ltd has a strong brand presence in the financial software industry.
  • The company has a diverse range of products and services, catering to different customer segments.
  • Reckon Ltd has a solid customer base and strong customer loyalty.
  • The company has established partnerships with other key players in the industry, enhancing its market reach.
  • Reckon Ltd has a robust financial position with steady revenue growth and profitability.

Weaknesses

  • Reckon Ltd faces intense competition from other established players in the financial software market.
  • The company's product development cycle may take longer compared to competitors, potentially affecting its ability to quickly respond to market demands.
  • Reckon Ltd may have limited international presence, focusing primarily on domestic markets.
  • The company's customer support services may require further improvements to enhance customer satisfaction.
  • Reckon Ltd's reliance on software license sales may pose challenges in an industry shifting towards cloud-based subscription models.

Opportunities

  • The increasing adoption of cloud-based technologies presents opportunities for Reckon Ltd to expand its product offerings and target new customer segments.
  • The growing demand for automation and digitization in financial processes provides a favorable market environment for Reckon Ltd's software solutions.
  • Expansion into international markets can help Reckon Ltd tap into new revenue streams and diversify its customer base.
  • Strategic partnerships with other technology companies can enhance Reckon Ltd's innovation capabilities and market reach.
  • The trend towards data-driven decision making creates opportunities for Reckon Ltd to leverage its expertise in analytics and reporting solutions.

Threats

  • Intense competition within the financial software industry may erode Reckon Ltd's market share and pricing power.
  • Rapid technological advancements may render some of Reckon Ltd's existing products obsolete, requiring continuous investment in research and development.
  • Changes in government regulations related to data privacy and security can pose compliance challenges for Reckon Ltd.
  • Economic downturns or market instability may impact customer spending patterns and reduce demand for Reckon Ltd's products and services.
  • The emergence of new market entrants with disruptive technologies could threaten Reckon Ltd's market position.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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