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Market Cap: A$64.01M

Reckon Limited, with a market cap of A$64.01 million, offers software solutions and generates significant revenue from its Business Group (A$41.68 million) and Practice Management Legal Group (A$11.99 million). The company is debt-free, having reduced its debt to equity ratio from 176% five years ago to zero today. Despite stable weekly volatility at 3%, Reckon's profitability has been challenged by declining earnings over the past five years and negative growth last year (-3.8%). Short-term assets (A$4.8M) fall short in covering both short-term liabilities (A$12.8M) and long-term liabilities (A$5.6M).

• Jump into the full analysis health report here for a deeper understanding of Reckon.

• Assess Reckon's future earnings estimates with our detailed growth reports.

Venus Metals

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Venus Metals Corporation Limited is involved in the exploration of mineral tenements in Western Australia, with a market cap of A$12.75 million.

Operations: The company's revenue is derived from the exploration of minerals, amounting to A$0.03 million.

Market Cap: A$12.75M

Venus Metals Corporation Limited, with a market cap of A$12.75 million, is pre-revenue and has recently become profitable, reporting a net income of A$29.47 million for the year ending June 30, 2024. The company boasts an outstanding return on equity at 114.9% and remains debt-free, enhancing its financial stability despite shareholder dilution over the past year. Its short-term assets (A$1.1M) comfortably cover both short-term (A$397.7K) and long-term liabilities (A$26.3K). Recent activities include a follow-on equity offering raising A$0.416 million to support ongoing operations and growth initiatives amidst increased share price volatility.

• Get an in-depth perspective on Venus Metals' performance by reading our balance sheet health report here.

• Gain insights into Venus Metals' historical outcomes by reviewing our past performance report.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:PH2 ASX:RKN and ASX:VMC.

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