# Recon Technology, Ltd. (RCON)

> Source: Nexqual · https://nexqual.com/RCON · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Recon Technology, Ltd. (RCON), nexqual.com/RCON" · informational, not investment advice.

**Price:** USD 0.9 (-7.99% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 0.98 · day 0.9–1 · 52w 0.88–376 · market cap $18.4M · NCM

## Key facts
- Last four reported quarters (through Sep 30, 2016): revenue $7.0M, net income -$5.6M (-79.8% margin), free cash flow $20K (SEC filings).
- Total return with dividends: 1Y -99.8% vs S&P 500 +13.4%; 5Y -100.0% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $12.0M | $12.4M | $15.2M | $8.5M | $6.4M | $7.0M |
| Gross profit | $3.8M | $4.0M | $5.3M | $1.7M | $1.1M | — |
| Operating income | -$560K | -$91K | $460K | -$5.8M | -$6.0M | -$5.5M |
| Net income | -$604K | $6K | $131K | -$4.7M | -$6.2M | -$5.6M |
| EPS (diluted) | -$540.00 | $0.00 | $108.00 | -$3816.00 | -$3924.00 | — |
| Free cash flow | -$3.6M | $3.9M | -$1.4M | -$2.8M | -$70K | $20K |
| Gross margin | 32.1% | 32.7% | 34.7% | 19.6% | 17.0% | — |
| Operating margin | -4.7% | -0.7% | 3.0% | -68.9% | -93.4% | -78.1% |
| Net margin | -5.1% | 0.1% | 0.9% | -56.0% | -95.7% | -79.8% |
| Revenue growth | — | +3.5% | +22.7% | -44.3% | -24.0% | — |
| Cash + short-term investments | $571K | $2.0M | $3.0M | $1.9M | $272K | — |
Fiscal years end Jun. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Sep 30, 2016)
P/S 2.6x · P/FCF 939.9x · P/B 3.2x · FCF yield 0.11% · Earnings yield -30.43%

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -99.8% | -100.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -99.8% | -83.9% |
| Volatility (annualized) | 225.3% | 144.6% |
| Max drawdown | -99.8% (Oct 2025→Oct 2026) | -100.0% (Nov 2021→Oct 2026) |

## Peers (Oil & Gas Equipment & Services)
FTK (Flotek Industries, Inc.) USD 23.9 +3.02% · PUMP (ProPetro Holding Corp.) USD 7.29 +0.97% · FET (Forum Energy Technologies, Inc.) USD 87.17 +6.88% · AESI (Atlas Energy Solutions Inc.) USD 8.66 +0.70% · VTOL (Bristow Group, Inc.) USD 40.54 +6.60% · RES (RPC, Inc.) USD 6.25 +3.82%

## More
Full page: https://nexqual.com/RCON · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Company outlook (8-K filed 2015-09-25)

- "Often ranked among the nation's top 100 universities, NAU is a national key university with both Project 211 and Project 985 designations."
- "The Qualification, which is valid for one year from June 4, 2015 and extendable on a yearly basis thereafter, qualifies Recon as a general contractor (subcontractor) to participate in certain construction and engineering projects at JOCEC ranging from the expansion and renovation of existing facilities to the construction of new facilities."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2027-06-30) | $-1.82 | $-116.00 | -98.4% | $11.9M | 1 |
| Next fiscal year (ends 2028-06-30) | $-0.62 | $0.00 | — | $13.1M | 1 |