Reckon Ltd
ASX:RKN

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Reckon Ltd
ASX:RKN
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Price: 0.6 AUD 5.26% Market Closed
Market Cap: 68m AUD
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Gross Margin
Reckon Ltd

85.4%
Current
86%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
85.4%
=
Gross Profit
45.9m
/
Revenue
53.7m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
AU
Reckon Ltd
ASX:RKN
68m AUD
85%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
326.7B USD
77%
DE
SAP SE
XETRA:SAP
275.7B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
198.2B USD
89%
US
Palantir Technologies Inc
NYSE:PLTR
186.4B USD
81%
US
NCR Corp
LSE:0K45
186.8B USD
23%
US
Intuit Inc
NASDAQ:INTU
181B USD
79%
US
Applovin Corp
NASDAQ:APP
116.3B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
84.7B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
76.4B USD
80%
Country AU
Market Cap 68m AUD
Gross Margin
85%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 326.7B USD
Gross Margin
77%
Country DE
Market Cap 275.7B EUR
Gross Margin
73%
Country US
Market Cap 198.2B USD
Gross Margin
89%
Country US
Market Cap 186.4B USD
Gross Margin
81%
Country US
Market Cap 186.8B USD
Gross Margin
23%
Country US
Market Cap 181B USD
Gross Margin
79%
Country US
Market Cap 116.3B USD
Gross Margin
74%
Country US
Market Cap 84.7B USD
Gross Margin
88%
Country US
Market Cap 76.4B USD
Gross Margin
80%
No Stocks Found

Reckon Ltd
Glance View

Market Cap
68m AUD
Industry
Technology

Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. The company is headquartered in North Sydney, New South Wales. The firm operates through three divisions, Business Group, Practice Management Accountants Group, and Practice Management Legal Group. The Business Group division is engaged in the development, distribution and support of business accounting and personal financial software, as well as related products and services. Products sold in this division include Reckon Accounts and Reckon One. The Practice Management Accountants Group division is engaged in the development, distribution and support of practice management, tax, client accounting and related software and services under the APS and Elite brands. The Practice Management Legal Group division is engaged in the development, distribution and support of cost recovery, cost management, scan and cloud-based integration platforms under the nQ Zebraworks brand.

RKN Intrinsic Value
1 AUD
Undervaluation 40%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
85.4%
=
Gross Profit
45.9m
/
Revenue
53.7m
What is the Gross Margin of Reckon Ltd?

Based on Reckon Ltd's most recent financial statements, the company has Gross Margin of 85.4%.