Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.

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Reckon Ltd

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Post by west12on Feb 08, 2014 12:00pm

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Post# 22187386

Q1 numbers...Q ending December 31 2014 (my thoughts)

In looking at the quarterly numbers, the following would be a good step forward:

Redknee Solutions Inc.
Quarterly Income Statement
Period Ended	12/31/13 Estimate	09/30/13	06/30/13	03/31/13	12/31/12	09/30/12
In millions of USD
Total Revenue	63	57.44	58.62	11.75	14.24	14.54
Cost of Revenue	25	26.59	26.67	4.53	5.32	4.44
Gross Profit	38	30.84	31.95	7.22	8.92	10.1

Selling / General / Administrative Expense	21	19.33	14.99	6.12	5.35	6.29
Research & Development	14	15.41	12.4	3.41	3.2	2.24
Other Unusual Expense (Income)	1.5	1.77	3.01	5.9	2.28	--

Total Operating Expense	61.5	63.11	57.07	19.96	16.15	12.97

Operating Income	1.5	-5.67	1.55	-8.21	-1.91	1.57