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Reckon (ASX:RKN) profit grows 44% in June quarter

Reckon (ASX:RKN) profit grows 44% in June quarter

Financial management software company Reckon Limited (ASX:RKN) has announced that its net profit grew 44% in the June quarter to $8.8 million despite what the company remains an “unsettled” market.

Operating revenue grew 7% year-on-year to $46.5 million, but ebitda increased 30% to $15.3 million.

“The overall result... has been very strong despite an unsettled global business environment,” group CEO Clive Rabie said.

RKN shares have today grown 3.72% to $2.230.

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Tags softwarefinancial resultsReckonASX:RKN

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