Rakon

Rakon is a global high technology company which was founded in 1967 by Warren Robinson. Rakon designs and manufactures advanced frequency control and timing solutions. The company has four manufacturing plants, including two joint ventures plants, located in New Zealand, France, India and China and five research and development (R&D) centres. Customer support centres are located in ten offices worldwide.

The company's focus is on enabling next generation technologies in the telecommunications, global positioning and space & defence markets.

Rakon designs and manufactures advanced frequency control and timing solutions for telecommunications, global positioning and space and defence applications. Rakon products are found at the forefront of communications where speed and/or reliability are paramount. The company's products provide extremely accurate clocking signals, which are then used to generate precise electrical, radio or optical signals in networks and systems around the globe. Additionally Rakon offers a broad product portfolio to meet its customers timing and frequency control requirements

Company Details

Registered Office: 8 Sylvia Park Road, Mt Wellington, Auckland 1060

Postal Address: Private Bag 99943, Newmarket, Auckland 1149

Telephone: +64 9 573 5554

Facsimile: +64 9 573 5559

Website: www.rakon.com

First Listed: 16/05/2006

Balance Date: 31 March

AGM: 16/08/2023

Directors and Executives

Sinan Altug

Chief Executive Officer

Drew Davies

Chief Financial Officer

Sinead Horgan

Independent Non-Executive Director

Keith Oliver

Independent Director

Brent Robinson

Executive Director

Maureen Shaddick

Company Secretary

Jung Meng Tseng

Director

Steven Tucker

Independent Non-Executive Director

Keith Watson

Independent Director

Lorraine Witten

Chair

Announcements

Title	Date	Type
RAK space subsystem selected for ISS mission	Tue, Nov 19 2024 10:05 am	GENERAL
Rakon to release half-year results on 27 November 2024	Fri, Nov 01 2024 02:03 pm	GENERAL
Rakon director retirement and appointment	Wed, Oct 02 2024 08:33 am	ADMIN
Rakon 2024 Annual Meeting Results	Wed, Aug 28 2024 04:58 pm	MEETING
Rakon 2024 Annual Meeting Speeches	Wed, Aug 28 2024 04:52 pm	MEETING
Rakon Annual Meeting 2024 Presentation	Wed, Aug 28 2024 10:24 am	MEETING
Rakon Releases FY25 Guidance	Wed, Aug 28 2024 08:31 am	MKTUPDTE
No continuous disclosure investigation	Tue, Aug 27 2024 04:44 pm	GENERAL
Rakon announces interim CFO and new executive position	Mon, Aug 26 2024 08:30 am	ADMIN
Rakon launches ground-breaking semiconductor chip for space	Thu, Aug 01 2024 04:10 pm	GENERAL

Major Holdings Announcements

Date	Name	No. Held	%	Current
02/11/23	Wairahi Investments Limited & Waira	14,068,955	-	6.10
23/07/21	Siward Crystal Technology Co., Ltd.	28,016,681	16.60	12.23
29/10/20	Wairahi Investments Limited	11,591,506	-	5.06
03/10/19	Darren Paul Robinson	34,845,003	18.37	15.21
03/10/19	Michele Robinson	24,930,823	-	10.88

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
07/09/23	Brent Robinson	35,308,538	-	-	-
04/08/23	Steven Tucker	59,991	-	-	-
01/06/23	Lorraine Mary Witten	222,720	-	-	-
04/10/22	Keith Watson	130,000	-	-	-
09/09/22	Anand Praful Rambhai	15,000	-	-	-
02/09/22	Sinan Altug	50,000	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	4.4	1.9	1.5	141.8	6.1	13.3
high	4.4	1.9	1.5	141.8	6.1	13.3
low	4.4	1.9	1.5	141.8	6.1	13.3
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 08/08/2023