Reckon Ltd

  • IPO date:
  • Sector: Technology
  • GIC Group: Software & Services
  • Industry: Software-Application
  • Company website

Company description

Reckon Limited provides software solutions in Australia, the United States, and internationally. The company operates through Business Group and Practice Management Group, Legal divisions. It offers Reckon One, an online accounting software for self-employed and small businesses; Reckon Payroll, a payroll software to manage pay runs, payslips, leave, and super; Reckon Accounts Hosted, an online accounting software that manages finances, payroll, and inventory for large businesses; Reckon One Invoices, a software to track and manage paid and overdue invoices; Reckon Payments that accepts online payments; and Reckon Loans. The company also provides Reckon Timesheets, a software to track time and manage employee timesheets; Desktop Point of Sale software; Desktop Personal Finances; and Legal Practice Management solutions. In addition, it develops, distributes, and supports cost recovery, scan, and cloud-based integration platforms primarily to legal market under the nQ Zebraworks brand name. The company was incorporated in 1987 and is based in North Sydney, Australia.

Financial highlights

Market Capitalization$69.1098 million
P/E Ratio1.23
P/E Growth Ratio0
Book Value0.187
Dividend Per Share0
Earnings Per Share0.04
EBITDA6,301
Profit Margin1.0814
Operating Margin TTM0.091
Return on Assets TTM0.0525
Return on Equity TTM0.1468
Revenue TTM52,396

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1995-12-31
1996-12-31
1997-12-31
1999-12-31
2000-12-31 37,205
2001-12-31 18,428 8,857 18,428 14,248
2002-12-31 22,583 2,858 19,725 13,067
2003-12-31 23,371 1,838 21,533 14,602
2004-12-31 35,620 2,922 35,620 26,592
2005-12-31 41,137 2,852 38,285 26,262
2006-12-31 44,755 2,978 41,777 27,650
2007-12-31 55,432 27,369 55,432 38,738
2008-12-31 59,971 32,933 59,971 41,441
2009-12-31 85,231 14,623 70,608 47,271
2010-12-31 90,042 14,588 75,454 48,339
2011-12-31 90,244 14,617 75,627 47,679
2012-12-31 96,606 17,109 79,497 49,419
2013-12-31 98,093 17,992 80,101 51,313
2014-12-31 100,774 21,221 79,553 55,413
2015-12-31 105,125 23,718 81,407 60,564
2016-12-31 97,729 12,012 85,717 70,013
2017-12-31 48,202 7,212 40,990 38,079
2018-12-31 74,502 9,231 65,271 53,655
2019-12-31 74,518 9,340 65,178 54,347
2020-12-31 75,218 8,703 66,515 54,559
2021-12-31 71,056 8,010 63,046 53,873
2022-12-31 51,042 7,506 43,536 38,894

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1995-12-31
1996-12-31
1997-12-31 40,390 42,005 3,324 39,133
1999-12-31
2000-12-31 8,843 16,891 9,023 13 47,117
2001-12-31 9,805 14,521 4,438 50,117
2002-12-31 12,074 15,665 3,015 50,411
2003-12-31 15,516 21,526 3,919 50,020
2004-12-31 13,302 36,020 6,378 53,043
2005-12-31 18,023 40,895 12,535 17,747
2006-12-31 12,726 40,732 9,489 17,896
2007-12-31 14,141 45,672 11,020 18,203
2008-12-31 16,134 51,013 12,630 17,566
2009-12-31 2,350 64,322 21,047 375 2,023 18,037
2010-12-31 8,095 67,548 18,407 2 18,048
2011-12-31 4,703 70,864 20,368 15,752
2012-12-31 1,926 88,355 43,937 10,994 136 16,878
2013-12-31 2,573 100,711 52,596 58 17,433 16,818
2014-12-31 2,248 103,893 73,824 76 43,400 17,036
2015-12-31 1,641 111,143 77,227 50,076 50,076 16,929
2016-12-31 1,715 119,724 83,006 936 51,506 18,707
2017-12-31 1,958 85,571 72,472 50,606 50,606 19,459
2018-12-31 2,579 81,913 66,314 434 44,562 19,712
2019-12-31 1,124 85,420 64,350 1,709 37,539 20,524
2020-12-31 1,134 83,044 57,665 1,831 31,788 20,524
2021-12-31 1,394 71,872 40,049 1,737 16,137 20,524
2022-12-31 1,233 39,944 22,028 1,091 4,074 19,534

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1997-12-31 -1,285 31,946
2000-12-31 -27,251 -23,103 31,946 8,843
2001-12-31 -785 962 8,843 9,805
2002-12-31 2 2,457 2,269 9,805 12,074
2003-12-31 1 5,684 3,298 12,074 15,372
2004-12-31 1 8,689 -2,070 15,372 13,302
2005-12-31 7,034 12,554 4,721 13,302 18,023
2006-12-31 8,169 12,234 -5,297 18,023 12,726 5,291
2007-12-31 9,893 14,617 1,415 12,726 14,141 6,629
2008-12-31 11,312 16,299 1,993 14,141 16,134 7,247
2009-12-31 13,226 18,881 -13,784 16,134 2,350 8,604
2010-12-31 16,478 28,180 5,745 2,350 8,095 10,710
2011-12-31 16,062 26,819 -3,392 8,095 4,703 10,597
2012-12-31 17,342 24,028 -3,271 4,703 1,432 11,313
2013-12-31 17,812 26,525 1,122 1,432 2,554 11,253
2014-12-31 16,964 31,287 -306 2,554 2,248 10,715
2015-12-31 14,577 33,539 -607 2,248 1,641 10,010
2016-12-31 10,992 7,547 -717 1,641 924 3,905
2017-12-31 7,628 9,651 1,034 924 1,958 3,375
2018-12-31 7,706 10,880 187 1,958 2,145 3,386
2019-12-31 8,125 10,306 -1,021 2,145 1,124 -3,394
2020-12-31 9,736 12,913 10 1,124 1,134 -5,665
2021-12-31 9,822 10,785 260 1,134 1,394 -5,665
2022-12-31 3,590 16,723 -161 1,394 1,233 -70,243