RKN.AX
Price:
$0.59
Market Cap:
$66.84M
Reckon Limited provides software solutions in Australia, the United States, and internationally. The company operates through three divisions: Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal. It offers Reckon One, an online accounting software for small businesses; Single Touch Payroll software for managing pay runs, allowances, leave, and superannuation; Reckon Accounts Hosted, an online accounting software to manage finances, payroll, and inventory for large businesses; Reckon Cloud POS, a cloud-based point of sale software; and Better Clinics, an online practice management software for allied health professionals. The company also provides Reck...[Read more]
Industry
Software - Application
IPO Date
1999-07-19
Stock Exchange
ASX
Ticker
RKN.AX
According to Reckon Limited’s latest financial reports and current stock price. The company's current ROE is 22.67%. This represents a change of 69.76% compared to the average of 13.36% of the last 4 quarters.
The mean historical ROE of Reckon Limited over the last ten years is 39.93%. The current 22.67% ROE has changed -43.22% with respect to the historical average. Over the past ten years (40 quarters), RKN.AX's ROE was at its highest in in the June 2018 quarter at 30.77%. The ROE was at its lowest in in the March 2009 quarter at 0%.
Average
39.93%
Median
40.59%
Minimum
12.14%
Maximum
58.23%
Discovering the peaks and valleys of Reckon Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 379.64%
Maximum Annual ROE = 58.23%
Minimum Annual Increase = -71.75%
Minimum Annual ROE = 12.14%
Year | ROE | Change |
---|---|---|
2023 | 28.46% | -33.22% |
2022 | 42.61% | 32.45% |
2021 | 32.17% | -16.13% |
2020 | 38.36% | -0.52% |
2019 | 38.56% | -21.94% |
2018 | 49.40% | -15.17% |
2017 | 58.23% | 379.64% |
2016 | 12.14% | -71.75% |
2015 | 42.98% | -23.82% |
2014 | 56.42% | 52.40% |
The current ROE of Reckon Limited (RKN.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
34.41%
5-year avg
36.03%
10-year avg
39.93%
Reckon Limited’s ROE is less than Infomedia Ltd (9.36%), less than Ridley Corporation Limited (12.37%), less than Technology One Limited (31.46%), less than Data#3 Limited (59.09%), less than Iress Limited (6.88%),
Company | ROE | Market cap |
---|---|---|
9.36% | $516.98M | |
12.37% | $865.38M | |
31.46% | $9.93B | |
59.09% | $986.76M | |
6.88% | $1.67B |
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