Rakon posts modest $3.4m profit as it eyes the 5G market
Despite a recent reversal of a booked one-off gain of $7.2m, the company says it's on the right path.
Thu, 16 May 2019
Technology company Rakon has posted a full-year profit of $3.4 million – well down on last year's $10m profit – along with a 13% increase in revenue to $114m, even after it had to revalue its investment in internet of things company Thinxtra.
Its earnings before interest, tax, depreciation
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
