Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Rakon - Latest News [Page 1]

Rakon Celebrates 50 Year History in Hi-tech Industry

Wednesday, 5 April 2017, 12:16 pm | Rakon

It was the era of black and white television, The Beatles, and the space race between the US and Russia to the moon. It was the 1960s and on the other side of the world, in his garage in little New Zealand, a man was making crystals to generate radio ... More >>

Thinxtra Closes Series-A Funding Backed by Rakon

Friday, 9 September 2016, 11:51 am | Rakon

9 September 2016 Thinxtra Closes Series-A Funding Backed by Rakon and Major IoT Players Internet of Things (IoT) start-up Thinxtra has successfully completed its first significant round of venture capital financing, raising AUD11 million within five months of the ... More >>

Rakon half year results, Nov 2012

Thursday, 15 November 2012, 10:17 am | Rakon

Rakon (RAK) has posted a half year revenue of NZ$89 million, down $5 million on the previous year but up $6 million on the preceding 6 months, reflecting the company's re-invigorated strategy in the Asian market. More >>

Rakon announces US addition to board

Friday, 2 November 2012, 4:10 pm | Rakon

Technology company Rakon has appointed California-based Herb Hunt to its Board. The appointment was indicated by Rakon Chairman, Bryan Mogridge at the recent Annual Shareholders' meeting. More >>

Rakon Never Felt In A Better Position

Thursday, 17 May 2012, 10:48 am | Rakon

Rakon Limited (NZX: RAK) has reported a full year revenue of NZ$178m and a look through EBITDA (including associates) of NZ$13.1m. More >>

Rakon steady at HY and reaffirms FY guidance

Tuesday, 15 November 2011, 10:46 am | Rakon

Rakon Limited (NZX: RAK) has reported revenue of NZ$94.6 million and EBITDA of NZ$6.2 million for the first half of FY12. Brent Robinson, Rakon Managing Director, noted significant underlying business growth had been hurt by the strength of the NZ$. More >>

Strong growth but high NZ Dollar erodes profits

Wednesday, 31 August 2011, 12:35 pm | Rakon

31 August 2011: Rakon is continuing to record strong sales growth but the highly volatile and very strong New Zealand dollar is undermining profitability. More >>

Rakon 2011 Results

Wednesday, 18 May 2011, 10:05 am | Rakon

Rakon Limited (NZX: RAK) has achieved a significant increase in revenue and earnings for FY11, with revenue up 31% on the prior year to $189 million and EBITDA up 318% to $25 million. The company has also reported a 257% increase of $13.9 million in ... More >>

Rakon Hi-Tech Company of the Decade

Monday, 9 May 2011, 12:14 pm | Rakon

Auckland, May 9, 2011. Rakon (NZX: RAK) is proud to not only be the winner of the 2011 PwC Hi-Tech Company of the Year at the NZ Hi-Tech Awards, but also to be recognised as the New Zealand Trade and Enterprise Hi-Tech Company of the Decade (2000 - 2010). More >>

Rakon expanding to meet growth in global data

Wednesday, 30 March 2011, 9:12 am | Rakon

Technology manufacturer Rakon says the company is continuing to experience significant growth in demand for its products into smart wireless devices (smart phones and tablet PCs) and that it is anticipating that this growth will continue. More >>

Rakon Half Year 2011 Results

Thursday, 11 November 2010, 10:38 am | Rakon

November 11, 2010: Rakon Limited (NZX: RAK) has achieved a significant increase in revenue and earnings for the first half of FY11, with revenue up 31% and EBITDA of $13.5 million 778% ahead of the same period last year. The company has reported ... More >>

Rakon successfully completes Share Purchase Plan

Wednesday, 21 October 2009, 10:25 am | Rakon

Rakon Limited has announced the successful close of its Share Purchase Plan (SPP). The SPP was offered as part of the NZ$65 million equity raising announced by Rakon on 22 September 2009. Under the SPP Rakon sought to raise NZ$20 million by offering ... More >>

Rakon completes successful institutional placement

Wednesday, 23 September 2009, 5:31 pm | Rakon

Rakon Limited (NZX: RAK) is pleased to confirm the successful completion of the institutional placement to raise NZ$45 million to fund the expansion of its Chinese manufacturing facilities. More >>

Rakon reports solid result

Wednesday, 27 May 2009, 10:32 am | Rakon

Rakon Limited (NZX: RAK) is reporting a solid result for the year with strong results from its international operations in a difficult economic climate. Announcing its financial results for the year ending 31 March 2009, Rakon reported revenue of NZ$139.5 ... More >>

Rakon Appoints Chief Operating Officer

Friday, 14 November 2008, 10:09 am | Rakon

Technology company Rakon has promoted current CFO Graham Leaming to the newly established role of Chief Operating Officer (COO). More >>

Rakon Half Year 09 Results

Friday, 14 November 2008, 10:06 am | Rakon

Technology company Rakon Limited (RAK) remains confident despite the global economic environment and a corresponding slowdown in consumer spending. More >>

Rakon Reports Full Year Results

Thursday, 22 May 2008, 9:39 am | Rakon

Rakon Limited (NZX: RAK) reports a solid year, with its financial results for the year ended 31 March 2008 showing an overall revenue of NZD 174.3 million, up 65% or NZD 68.4 million on the prior year. More >>

Rakon Sells Non Strategic UK Asset

Friday, 16 May 2008, 9:49 am | Rakon

Rakon has announced it plans to sell the assets of Rakon's commodity business, based in Crewkerne UK to IQD Frequency Products Limited. More >>

Rakon doubles production for record month

Tuesday, 18 December 2007, 12:10 am | Rakon

November saw the company reach a goal of producing six million TCXOs (temperature compensated crystal oscillators), mainly for GPS applications. More >>

Rakon continues growth, plans China expansion

Friday, 10 August 2007, 5:00 pm | Rakon

Strong underlying growth in Rakon's sales have seen the company remain positive about results for the 2008 fiscal year, despite adverse effects of the strong New Zealand dollar. More >>





Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.