Reckon Limited (ASX:RKN) provides businesses with accounting and financial management software. Reckon was started three decades ago by Greg Wilkinson, who used a maxed-out credit card and a loan against a busted-up Holden Commodore to start his company.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.63% at lunch.
Myob Group Ltd (ASX: MYO) shares are currently down 7% after announcing to the market that it will no longer pursue the acquisition of Reckon Limited’s (ASX: RKN) Accountant Group assets.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.48% at lunch.
Accounting software business Myob Group Ltd (ASX: MYO) released its full year financial report to investors on Friday, showing a 16% increase in profit.
