RECKON LIMITED — Interim / Quarterly Report 2017

Aug 7, 2017

Appendix 4D Half Year Ended – 30 June 2017 8 August 2017

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1. Reckon Limited (ACN 003 348 730) results for the half year ended 30 June 2017

2. Results for announcement to the market

	6 months toJune 2017	6 months toJune 2016	% Growth
Revenue	$50.1 million	$50.2 million	-%
EBITDA	$18.4 million	$18.5 million	-1%
Net profit attributable tomembers	$5.5 million	$6.2 million	-11%

The above results include both continuing and discontinued operations.

Please refer to the Review of Operations within the Directors’ Report for an explanation of the results.

3. Net tangible assets

The net tangible assets per security as at 30 June 2017 is a negative 23.4 cents per share (December 2016: negative 52.8 cents per share).

4. Details of entities over which control has been gained or lost during the period

Not applicable.

5. Dividends

The Document Management Group was divested via a dividend in specie and floated on the AIM exchange in the UK effective 4 August 2017, valued at 19 cents per Reckon share equivalent after the first day of trading. The Board does not intend to declare a dividend over and above the dividend in specie already declared.

6. Dividend reinvestment plans

Not applicable.

7. Details of associates and joint venture entities

Not applicable.

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8. Foreign accounting standards

Not applicable.

9. Audit

This report has been reviewed (not audited) by the Company auditors and is not subject to any dispute or qualification.

Clive Rabie

Director, Group CEO

8 August 2017