Reckon Ltd

AU:RKN Australia Software - Application
Market Cap
$34.37 Million
AU$55.51 Million AUD
Market Cap Rank
#24793 Global
#521 in Australia
Share Price
AU$0.49
Change (1 day)
-2.00%
52-Week Range
AU$0.47 - AU$0.66
All Time High
AU$0.90
Categories
Companies in Australia Software - Application Technology AI & Machine Learning
About

Reckon Limited provides software solutions in Australia, New Zealand, the United States, and internationally. The company offers Reckon One, an software as a service cloud-based accounting and payroll software platform, which includes mobile app functionality for small businesses; Reckon Payroll, a cloud payroll software for employee self-service; Reckon invoice to create and send online invoices… Read more

Reckon Ltd (RKN) - Net Assets

Latest net assets as of June 2025: AU$25.82 Million AUD

Based on the latest financial reports, Reckon Ltd (RKN) has net assets worth AU$25.82 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$57.06 Million) and total liabilities (AU$31.24 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$25.82 Million
% of Total Assets 45.25%
Annual Growth Rate -1.97%
5-Year Change -10.87%
10-Year Change -33.31%
Growth Volatility 30.8

Reckon Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Reckon Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Reckon Ltd (1997–2024)

The table below shows the annual net assets of Reckon Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 AU$22.62 Million +15.27%
2023-12-31 AU$19.62 Million +9.53%
2022-12-31 AU$17.92 Million -43.70%
2021-12-31 AU$31.82 Million +25.39%
2020-12-31 AU$25.38 Million +20.45%
2019-12-31 AU$21.07 Million +35.07%
2018-12-31 AU$15.60 Million +19.09%
2017-12-31 AU$13.10 Million -64.33%
2016-12-31 AU$36.72 Million +8.26%
2015-12-31 AU$33.92 Million +12.79%
2014-12-31 AU$30.07 Million -37.51%
2013-12-31 AU$48.12 Million +8.32%
2012-12-31 AU$44.42 Million -12.04%
2011-12-31 AU$50.50 Million +2.76%
2010-12-31 AU$49.14 Million +13.56%
2009-12-31 AU$43.27 Million +12.75%
2008-12-31 AU$38.38 Million +10.77%
2007-12-31 AU$34.65 Million +10.91%
2006-12-31 AU$31.24 Million +10.17%
2005-12-31 AU$28.36 Million -4.32%
2004-12-31 AU$29.64 Million +68.35%
2003-12-31 AU$17.61 Million +39.19%
2002-12-31 AU$12.65 Million +25.46%
2001-12-31 AU$10.08 Million +28.15%
2000-12-31 AU$7.87 Million -75.64%
1999-12-31 AU$32.30 Million -16.51%
1997-12-31 AU$38.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Reckon Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4984900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$49.85 Million 224.05%
Common Stock AU$20.52 Million 92.25%
Other Comprehensive Income AU$-6.11 Million -27.44%
Total Equity AU$22.25 Million 100.00%

Reckon Ltd Competitors by Market Cap

The table below lists competitors of Reckon Ltd ranked by their market capitalization.

Company Market Cap
VBARE Iberian Properties SOCIMI SA
MC:YVBA
 		$23.33 Million
MFC Asset Management Public Company Limited
BK:MFC
 		$23.33 Million
Inoviq Ltd
AU:IIQ
 		$23.33 Million
SEONGAN CO. Ltd
KO:011300
 		$23.33 Million
Electro Aço Altona S.A
SA:EALT3
 		$23.32 Million
WINDAR PHOTONICS LS -01
F:7WP
 		$23.32 Million
Korea Computer & Systems Inc
KQ:115500
 		$23.32 Million
BLD Plantation Bhd
KLSE:5069
 		$23.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Reckon Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,566,000 to 22,249,000, a change of 2,683,000 (13.7%).
  • Net income of 4,420,000 contributed positively to equity growth.
  • Dividend payments of 2,832,000 reduced retained earnings.
  • Share repurchases of 129,000 reduced equity.
  • New share issuances of 989,000 increased equity.
  • Other comprehensive income increased equity by 43,000,000.
  • Other factors decreased equity by 42,765,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$4.42 Million +19.87%
Dividends Paid AU$2.83 Million -12.73%
Share Repurchases AU$129.00K -0.58%
Share Issuances AU$989.00K +4.45%
Other Comprehensive Income AU$43.00 Million +193.27%
Other Changes AU$-42.77 Million -192.21%
Total Change AU$- 13.71%

Book Value vs Market Value Analysis

This analysis compares Reckon Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.50x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 1.39x to 2.50x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 AU$0.35 AU$0.49 x
1999-12-31 AU$0.39 AU$0.49 x
2000-12-31 AU$0.07 AU$0.49 x
2001-12-31 AU$0.08 AU$0.49 x
2002-12-31 AU$0.10 AU$0.49 x
2003-12-31 AU$0.13 AU$0.49 x
2004-12-31 AU$0.20 AU$0.49 x
2005-12-31 AU$0.19 AU$0.49 x
2006-12-31 AU$0.22 AU$0.49 x
2007-12-31 AU$0.24 AU$0.49 x
2008-12-31 AU$0.27 AU$0.49 x
2009-12-31 AU$0.30 AU$0.49 x
2010-12-31 AU$0.35 AU$0.49 x
2011-12-31 AU$0.35 AU$0.49 x
2012-12-31 AU$0.32 AU$0.49 x
2013-12-31 AU$0.35 AU$0.49 x
2014-12-31 AU$0.23 AU$0.49 x
2015-12-31 AU$0.28 AU$0.49 x
2016-12-31 AU$0.30 AU$0.49 x
2017-12-31 AU$0.11 AU$0.49 x
2018-12-31 AU$0.14 AU$0.49 x
2019-12-31 AU$0.18 AU$0.49 x
2020-12-31 AU$0.22 AU$0.49 x
2021-12-31 AU$0.26 AU$0.49 x
2022-12-31 AU$0.15 AU$0.49 x
2023-12-31 AU$0.17 AU$0.49 x
2024-12-31 AU$0.20 AU$0.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Reckon Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 19.87%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.18%
  • • Asset Turnover: 1.16x
  • • Equity Multiplier: 2.09x
  • Recent ROE (19.87%) is above the historical average (12.49%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 -3.28% 0.00% 0.00x 1.07x AU$-5.20 Million
1999 -23.76% 0.00% 0.00x 1.18x AU$-10.90 Million
2000 -346.35% -73.25% 2.20x 2.15x AU$-28.04 Million
2001 -7.79% -4.26% 1.27x 1.44x AU$-1.79 Million
2002 0.02% 0.01% 1.44x 1.24x AU$-1.26 Million
2003 0.01% 0.00% 1.09x 1.22x AU$-1.76 Million
2004 0.00% 0.00% 0.99x 1.22x AU$-2.96 Million
2005 24.80% 17.10% 1.01x 1.44x AU$4.20 Million
2006 26.14% 18.25% 1.10x 1.30x AU$5.04 Million
2007 28.55% 17.85% 1.21x 1.32x AU$6.43 Million
2008 29.47% 18.86% 1.18x 1.33x AU$7.47 Million
2009 30.83% 15.50% 1.33x 1.50x AU$8.94 Million
2010 33.53% 18.30% 1.33x 1.37x AU$11.56 Million
2011 31.94% 17.80% 1.27x 1.41x AU$11.03 Million
2012 39.04% 17.95% 1.09x 1.99x AU$12.90 Million
2013 37.02% 18.15% 0.97x 2.09x AU$13.00 Million
2014 56.42% 16.83% 0.97x 3.46x AU$13.96 Million
2015 42.98% 15.94% 0.82x 3.28x AU$11.19 Million
2016 29.94% 11.25% 0.82x 3.26x AU$7.32 Million
2017 58.23% 15.83% 0.56x 6.53x AU$6.32 Million
2018 49.40% 10.34% 0.91x 5.25x AU$6.15 Million
2019 38.56% 10.90% 0.87x 4.05x AU$6.02 Million
2020 38.36% 14.88% 0.79x 3.27x AU$7.20 Million
2021 32.17% 13.82% 0.99x 2.35x AU$6.77 Million
2022 42.61% 14.26% 1.28x 2.33x AU$5.59 Million
2023 28.46% 10.43% 1.30x 2.11x AU$3.61 Million
2024 19.87% 8.18% 1.16x 2.09x AU$2.20 Million

Industry Comparison

This section compares Reckon Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $16,854,589
  • Average return on equity (ROE) among peers: -153.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Reckon Ltd (RKN) AU$25.82 Million -3.28% 1.21x $23.33 Million
One Click Group Ltd (1CG) $3.18 Million -217.18% 0.32x $5.25 Million
Thrive Tribe Technologies Ltd (1TT) $118.58K -1191.23% 2.04x $300.18K
Pointerra Ltd (3DP) $-405.80K 0.00% 0.00x $12.42 Million
8COMMON Ltd (8CO) $6.31 Million 6.08% 0.27x $1.47 Million
Adacel Tech Ltd (ADA) $10.52 Million 7.02% 1.02x $10.91 Million
Aeeris Ltd (AER) $584.79K -43.08% 0.80x $1.76 Million
Aerometrex Ltd (AMX) $37.60 Million -0.78% 0.33x $5.49 Million
Assetowl Ltd (AO1) $2.71 Million -52.24% 0.05x $577.74K
Bridge Saas Ltd (BGE) $1.93 Million -58.39% 1.02x $176.99K
Bravura Solutions Ltd (BVS) $105.98 Million 13.61% 0.72x $394.35 Million