Reckon (RKN.AX) Stock Price

The business model of Reckon Ltd is focused on providing a range of accounting software and solutions to small and medium-sized businesses. Reckon offers both cloud-based and desktop-based accounting software, which are designed to streamline financial processes, improve efficiency, and enhance business performance. With a strong emphasis on innovation and customer-centric approach, Reckon aims to empower businesses with tools and technologies that enable accurate and timely financial management. By offering comprehensive accounting solutions, Reckon aims to help businesses make informed decisions, manage cash flow, and drive growth. Reckon Ltd operates across various industries, serving clients globally.

Reckon Ltd is primarily active in the software and technology industry.

The main competitors of Reckon Ltd in the market include Xero Limited, MYOB Group Limited, and Intuit Inc. These companies also offer accounting and financial management software solutions for businesses. However, Reckon Ltd distinguishes itself by providing a comprehensive suite of software products tailored to meet the unique needs of small to medium-sized enterprises. With its robust features, user-friendly interface, and competitive pricing, Reckon Ltd continues to compete effectively in the market and remains a preferred choice for many businesses seeking reliable accounting software solutions.

Reckon Ltd is an Australian accounting software company that was founded in 1987 as Quicken Australia Pty Ltd. It initially focused solely on personal financial management software before expanding its product offerings to include business and practice management software. Throughout its history, Reckon Ltd has been at the forefront of the accounting software industry, continually adapting and innovating to meet the changing needs of businesses of all sizes. With a strong commitment to providing exceptional software solutions and outstanding customer service, Reckon Ltd has established itself as a trusted and reliable partner for businesses around the world.

Reckon Ltd, a renowned stock company, has achieved several significant milestones throughout its journey. Some noteworthy achievements include the introduction of Reckon Accounts Software, a revolutionary accounting solution that streamlined financial processes for businesses. Additionally, the company successfully expanded its operations internationally, catering to clients worldwide. Reckon Ltd also pioneered the launch of cloud-based accounting software, enabling users to access their financial data anytime, anywhere. Moreover, the company consistently innovates, frequently releasing updates and new features to enhance user experience. Reckon Ltd's commitment to excellence has solidified its position as a leading provider of innovative accounting solutions in the stock market industry.

Reckon Ltd represents values of innovation, integrity, and customer-centric approach. As a leading provider of accounting and business management software solutions, Reckon Ltd focuses on delivering cutting-edge technology and exceptional customer service. Their corporate philosophy revolves around enhancing productivity, simplifying processes, and empowering businesses to thrive in today's dynamic market. With a commitment to continuous improvement and fostering long-term relationships, Reckon Ltd strives to enable its clients to achieve their financial and operational goals. This dedication to excellence and customer satisfaction has made Reckon Ltd a trusted name in the industry.

Analysts currently set an average price target of 0.81 AUD for the Reckon stock (median: 0.81 AUD), implying +100.2 % versus the latest price. The consensus is based on 6 analyst ratings.

Reckon Analyst Price Targets 2026

6 analysts currently rate the Reckon stock: 5 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Reckon to generate revenue of 62.07 M AUD and earnings per share of 0.07 AUD.

Reckon Analyst Price Targets 2026

Converted at the current exchange rate, the Reckon share trades at 0.25 EUR (0.41 AUD).

The Reckon share (RKN.AX) is listed on 2 stock exchanges, including: ASX (RKN.AX), Frankfurt (UVW.F).

Reckon Ltd is an Australian company that has been developing innovative software solutions for businesses, freelancers, and individual customers for over three decades. The company has made a name for itself in the fields of auditing, finance, project management, and accounting, offering a wide range of services and products. One of Reckon's most successful divisions is online accounting. The company provides a range of tools that allow customers to easily and effectively manage their accounting. Reckon One is a cloud-based accounting service that enables entrepreneurs and freelancers to manage their invoices, payments, and taxes from anywhere. The platform offers features such as invoice tracking, automated transfers, tax reporting, and financial management. Another important area of business for Reckon is project management software. Reckon offers solutions for companies of all sizes to effectively manage and monitor projects. Reckon's project accounting features help businesses keep track of their expenses and income and monitor the progress of their projects. The integrated time tracking function allows companies to automatically track and invoice their project time. Reckon is also a significant provider of tax software. The company offers tax solutions tailored to the needs of businesses and individual customers. With Reckon's Personal Income Tax function, individual customers can easily and quickly submit their tax returns. Companies can manage their taxes with confidence and security using Reckon's Business Tax solution. Reckon also offers a range of mobile applications that allow customers to manage their business and finances on the go. One of the most well-known applications is the Reckon Invoicing App. The app allows users to create and instantly send quotes and invoices to customers. The app also tracks invoices that have already been sent and allows users to collect payments directly within the app. Reckon also provides extensive customer support through various channels, including phone, email, and chat support. Additionally, the company offers training and webinars to ensure that customers can effectively use their products and services. Overall, Reckon's business model is focused on providing its customers with simple and effective software solutions. The company focuses on delivering premium products and services that help customers run their businesses better and manage their accounting and projects more effectively. With a wide range of products, applications, and services, it's no wonder that Reckon has been recognized as a trusted provider in the technology market for over 30 years.

The expected revenue of Reckon is 62.07 M AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Reckon is 7.44 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Reckon is currently 6.17. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Reckon stock.

The price-to-sales ratio (P/S) of Reckon is currently 0.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Reckon stock.

The Eulerpool Quality Score for Reckon is 6/10.

The ISIN of Reckon is AU000000RKN9. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Reckon is 924401. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Reckon is RKN.AX. The ticker symbol is used to trade Reckon shares on the stock exchange.