That business went public on London's Alternative Investment Market on August 4 as GetBusy. GetBusy's product includes SmartVault, a document system sold in this country. Profit dropped to roughly $4.3 million for the most recently ended period, off 11.2 percent from the prior year's first half. Revenue was virtually unchanged at approximately $33.3 million. The decline in profits was primarily a result of higher depreciation and amortization stemming from product development costs in prior periods. R&D spending itself dropped 16.9 percent to about $7.7 million for the first half. The software company markets Reckon One, the cloud-based package sold in Australia, New Zealand and the United Kingdom. Its exit from the document management business was abrupt. It acquired SmartVault in January 2016 and soon announced plans to converge that product with its Virtual Cabinet application. But in March this year, Reckon said it would divest that business sector. Reckon also makes applications for accountants. Reckon is led by CEO Clive Rabie, whose son, Daniel, made COO in June, became CEO of GetBusy. The spinoff led investment firm, Forager, which said it had "substantial" holdings in Reckon, to sell all its shares. Forage cited the decreased revenues and also speculated the Rabies might be preparing to move on from Reckon to concentrate on GetBusy.