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.

OTCPK:RKNLF - Post by User

Reckon Ltd

Bullboard Posts

Post by west12on Feb 12, 2014 7:16pm

287 Views

Post# 22202454

Q1 Conference call - some thoughts

I have no idea how this will impact the stock price on Thursday. The folks that do not know this company may not like the -3.1M net los.

If we take out 3.7M of costs (which are non-recurring) that are related to the Nokia acquisition, then there is a profit of $600K.

Maybe new newbies will just get wowed by the move from 14M to 60M in Gross Revenue.

The cost of revenue is more than Q4...I expected an improvement there of at least 1M.

We don't have a cash crunch, but I will be curious as to the mood of the analysts on the call.

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