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1 Comment
Reckon Limited is currently in a long term uptrend where the price is trading 22.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.3% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.2.
Reckon Limited's total revenue sank by 1.1% to $36M since the same quarter in the previous year.
Its net income has increased by 53.7% to $4M since the same quarter in the previous year.
Finally, its free cash flow grew by 155.3% to $2M since the same quarter in the previous year.
Based on the above factors, Reckon Limited gets an overall score of 4/5.
ISIN | AU000000RKN9 |
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Sector | Technology |
Industry | Software - Application |
Exchange | AU |
CurrencyCode | AUD |
Dividend Yield | 5.0% |
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Beta | -0.27 |
Market Cap | 57M |
PE Ratio | 12.5 |
Target Price | 0.8667 |
Reckon Limited provides software solutions in Australia, New Zealand, the United States, and internationally. The company offers Reckon One, an software as a service cloud-based accounting and payroll software platform, which includes mobile app functionality for small businesses; Reckon Payroll, a cloud payroll software for employee self-service; Reckon invoice to create and send online invoices; Reckon business loans; Reckon Accounts Hosted, an online accounting software for large businesses; Reckon Insights, a financial reporting and analytics software; Reckon Payments that accepts online payments; WABI for reservations, point of sale, team management, inventory, and payments; and Reckon insurance that arrange insurances. The company also provides bank reconciliation software that imports bank transactions; expense management software for small businesses; Reckon Timesheets, a software to track time and manage employee timesheets; and project management software for managing jobs and projects to track profitability. In addition, it offers Desktop Accounting; Desktop Point of Sale software; Desktop Personal Finances; business accounting and personal financial software, as well as related products and services; and 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.
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