News: Reckon profits lift

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    Reckon Limited (ASX:RKN) has delivered a 10 per cent lift in net profit in the six months to June 30, despite facing a number of challenges.


     


    The financial and accounting software provider generated a half year net profit of $10.2 million, up from $9.3 million in the same period last year.


     


    CEO Clive Rabie says the company experienced steady growth after some business defining challenges including the rebranding of some of its products as well as the development of its new cloud offering.


     


    Revenue came in at $49.5 million, up 3 per cent on the same time last year.


     


    The company declared an interim dividend of 4 cents per share.

 
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