Harvest Tech Sets Path to Profitability by 2027
Company Announcements

Harvest Tech Sets Path to Profitability by 2027

Harvest Technology Group Ltd. (AU:HTG) has released an update.

Harvest Technology Group Ltd. has unveiled a strategic three-year profitability plan, targeting growth and cost optimization to hit profitability by FY27. The plan includes ramping up revenue from their Nodestream product line, strategic cashflow-positive acquisitions, and significant cost reductions. Additionally, the company is focusing on securing large global customer contracts and improving gross margins through a shift to software-only solutions.

For further insights into AU:HTG stock, check out TipRanks’ Stock Analysis page.

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