RKN 0.00% 54.5¢ reckon limited

Ann: NOV: Sale of Reckon Ltd shares and Redemption of $10.5m Bond, page-10

  1. 191 Posts.
    lightbulb Created with Sketch. 59
    Those are 1H23 figures (CY company).

    Business is a little seasonal (makes more money in 1H) but they will probably do c$55m in total rev for FY23 and EBITDA of c$19m.

    NPAT is very 1H weighted however as the legal business is very much loss making at NPAT (marginally EBITDA positive with fairly significant dev spend below this).

    Is cheap as chips however. Could easily double from here.
 
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