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Recon Technology Ltd (RCON)

Recon Technology Ltd (RCON)
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Recon Technology, Ltd. provides oilfield services and products to automate and enhance the extraction of petroleum in China, including well service, drilling service, production and field service. Recon's specialized proprietary software and hardware manage the oil production and process in real-time thereby increasing extraction levels, reducing impurities in extracted petroleum and lowering production costs. Recon's technology is based on three software copyrights, eight product patents and four pending patents. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S.

Fiscal Year End Date: 06/30

(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Sales 9,250 9,470 9,260 12,510 7,420
Sales Growth -2.32% +2.27% -25.98% +68.60% -20.22%
Net Income -5,950 -6,860 -8,160 14,270 -3,540
Net Income Growth +13.27% +15.93% -157.18% +503.11% -30.15%
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Total Assets 73,370 76,010 73,340 73,200 87,730
Total Assets Growth -3.47% +3.64% +0.19% -16.56% +219.02%
Total Liabilities 10,000 8,460 12,780 11,550 43,200
Total Liabilities Growth +18.20% -33.80% +10.65% -73.26% +314.19%
(Values in U.S. Thousands) Jun, 2025 Jun, 2024 Jun, 2023 Jun, 2022 Jun, 2021
Operating Cash Flow -4,710 -6,020 -7,130 -3,920 -5,270
Operating Cash Flow Growth +21.76% +15.57% -81.89% +25.62% -612.16%
Net Cash Flow -1,670 820 -29,350 -3,930 48,570
Change in Net Cash Flow -303.66% +102.79% -646.82% -108.09% +1,230.68%
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