Reckon (RKN) H2 2025 earnings summary

Executive summary

• Achieved $62M in revenue, $26M EBITDA, and $7M NPAT for FY25, reflecting strong financial performance year-over-year.

• Maintained a clean balance sheet with $5.4M net debt as of 31 December 2025 and a $25M bank facility.

• Paid a fully franked annual dividend of 2.5 cents per share in September 2025.

• Strategic acquisition of Cashflow Manager Business for $8.7M in January 2025, contributing to revenue and EBITDA.

Financial highlights

• Revenue increased by 15% over the prior corresponding period (PcP); EBITDA up 29%; NPAT up 94%.

• Operating cash flow before development was $23.8M, up from $17.9M in FY24.

• Development investment totaled $15M for the year.

• Dividend of 2.5 cents per share fully franked.

Outlook and guidance

• Continued investment in scaling cloud products and development to drive future growth.

• Focus on transitioning customers to Reckon One and expanding product enhancements.