Reckon Limited

Reckon Limitedverified

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

The ROE as of January 2025 (TTM) for Reckon Limited (RKN.AX) is 22.67%

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.

Reckon Limited (RKN.AX) Historical ROE (quarterly & annually)

How has RKN.AX ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

39.93%

Median

40.59%

Minimum

12.14%

Maximum

58.23%

Reckon Limited (RKN.AX) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202328.46%-33.22%
202242.61%32.45%
202132.17%-16.13%
202038.36%-0.52%
201938.56%-21.94%
201849.40%-15.17%
201758.23%379.64%
201612.14%-71.75%
201542.98%-23.82%
201456.42%52.40%

Reckon Limited (RKN.AX) Average ROE

How has RKN.AX ROE performed in the past?

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 (RKN.AX) ROE vs. Peers

How is RKN.AX’s ROE compared to its peers?

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%),

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