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

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Comment by MatWeion May 07, 2014 8:45pm

214 Views

Post# 22536359

RE:RE:RE:Net Income has a non-recurring charge of $2.4M (acquisition)

Most of it looked reasonably positive. Revenue blew it out for the quarter. The low EBITDA margin this quarter will probaby draw some attention (all the analysts base their price targets at least partially on EV/EBITDA). Would have liked to see backlog go up ideally.

west12 wrote: If Lucas and Mr. CFO can repeat this for Q3 and Q4, I believe that we are back in the $7-7.50 range.
The 'sizzle' in the SP will come if & when they announce the much awaited '9-figure client.' I have no doubt that one of the analysts will ask about this in the conference call.

Good luck to all.

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