Harvest Technology Group Ltd. (AU:HTG)
ASX:HTG
Want to see AU:HTG full AI Analyst Report?
Top Page
Harvest Technology Group Ltd.
(Sydney:HTG)
Select Model
Select Model
Rating:39Underperform
Price Target:
AU$0.01
▼(-40.00% Downside)
Action:Downgraded
Date:06/06/26
The score is primarily weighed down by weak financial performance—declining revenue, persistent losses, negative equity, and negative operating/free cash flow. Technicals add risk due to an extremely overextended RSI and a weak longer-term trend despite a positive MACD. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Recurring revenue mix
The company's revenue model includes subscriptions, support and managed services alongside hardware sales. Recurring fees create more predictable revenue streams, improve customer lifetime value and support margin expansion over time versus pure hardware sales, making cash flows more durable if adoption stabilises.
Negative Factors
Sharp revenue decline
A large year-over-year revenue contraction undermines scale economics and reduces the ability to absorb fixed costs. Persistent top-line declines constrain margin recovery, limit reinvestment in R&D and sales, and intensify pressure on management to restore growth to achieve sustainable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue mix
The company's revenue model includes subscriptions, support and managed services alongside hardware sales. Recurring fees create more predictable revenue streams, improve customer lifetime value and support margin expansion over time versus pure hardware sales, making cash flows more durable if adoption stabilises.
Read all positive factors
Harvest Technology Group Ltd. (HTG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.00M
Dividend YieldN/A
Average Volume (3M)1.97M
Price to Earnings (P/E)―
Beta (1Y)0.65
Revenue Growth-32.71%
EPS Growth56.61%
CountryAU
Employees16
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,583,377,200
10 Day Avg. Volume1,045,389
30 Day Avg. Volume1,969,841
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-1.28
Price to Sales (P/S)3.38
P/FCF Ratio-3.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Harvest Technology Group Ltd. Business Overview & Revenue Model
Company Description
Harvest Technology Group Limited (HTG.AX) is dedicated to developing and delivering proprietary software, diverse products, and specialized services that facilitate the secure, encrypted transfer of data. The company operates in key markets includ...
How the Company Makes Money
HTG makes money primarily by selling and/or licensing its remote communications and connectivity solutions and by providing associated services. Key revenue streams typically include: (1) product revenue from supplying remote communication/telepre...
Harvest Technology Group Ltd. Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
15
Very Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.78M | 4.09M | 2.65M | 3.04M | 2.15M | 2.09M |
| Gross Profit | -767.75K | 3.20M | 2.19M | -7.05M | 1.52M | -3.58M |
| EBITDA | -5.20M | -4.12M | -12.30M | -7.39M | -11.19M | -6.81M |
| Net Income | -7.54M | -7.06M | -13.33M | -10.00M | -14.50M | -10.24M |
Balance Sheet | ||||||
| Total Assets | 2.57M | 2.70M | 3.49M | 10.57M | 18.75M | 24.60M |
| Cash, Cash Equivalents and Short-Term Investments | 781.94K | 722.50K | 444.94K | 992.02K | 4.50M | 6.76M |
| Total Debt | 9.86M | 11.40M | 6.60M | 5.54M | 5.65M | 4.11M |
| Total Liabilities | 15.01M | 13.46M | 9.18M | 6.98M | 7.33M | 8.77M |
| Stockholders Equity | -12.44M | -10.76M | -5.69M | 3.59M | 11.42M | 15.83M |
Cash Flow | ||||||
| Free Cash Flow | -2.85M | -4.58M | -4.83M | -4.64M | -9.83M | -9.43M |
| Operating Cash Flow | -2.85M | -4.57M | -4.80M | -4.59M | -9.00M | -9.04M |
| Investing Cash Flow | -507.48K | -5.56K | 70.05K | -149.41K | -1.53M | -1.34M |
| Financing Cash Flow | 3.46M | 4.85M | 4.19M | 1.23M | 8.27M | 5.83M |
Harvest Technology Group Ltd. Technical Analysis
Negative
0.02
Price Trends
0.01
Negative
0.01
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
37.15
Neutral
-27.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HTG, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.15 is Neutral, neither overbought nor oversold. The STOCH value of -27.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HTG.
Harvest Technology Group Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | AU$13.07M | -177.24 | -2.67% | ― | 25.60% | 76.00% | |
48 Neutral | AU$25.17M | -5.47 | -27.05% | ― | 4.41% | 19.30% | |
46 Neutral | AU$2.47M | -6.39 | -25.95% | ― | 3.00% | -9.76% | |
43 Neutral | AU$13.31M | -3.71 | 227.23% | ― | 4.08% | -6.25% | |
42 Neutral | AU$59.42M | -6.32 | -86.31% | ― | ― | ― | |
39 Underperform | AU$19.00M | -1.50 | 64.95% | ― | -32.71% | 56.61% |
* Technology Sector Average
AU:HTG
Harvest Technology Group Ltd.
0.01
>-0.01
-33.33%
AU:AMX
Aerometrex Ltd.
0.26
0.05
20.93%
AU:1CG
UUV Aquabotix Ltd.
0.01
0.00
0.00%
AU:PFM
Cape Range Ltd.
0.03
-0.01
-35.00%
AU:SIS
Simble Solutions Ltd.
―
―
―
AU:NVU
Nanoveu Ltd.
0.06
0.02
42.50%
Harvest Technology Group Ltd. Corporate Events
Harvest Technology clears 379 million new shares for secondary trading
Jun 3, 2026
Harvest Technology Group has issued 379,000,002 fully paid ordinary shares over two days in early June, expanding its share capital base. The company confirmed the shares were issued without a prospectus but under provisions that allow secondary t...
Harvest Technology Group Seeks Quotation for 300 Million New Shares
Jun 3, 2026
Harvest Technology Group Ltd., an Australian technology company listed on the ASX under ticker HTG, has ordinary fully paid shares on issue and is regulated under the ASX Listing Rules. The company continues to access public equity markets as part...
Harvest Technology Group Seeks ASX Quotation for 79 Million New Shares
Jun 3, 2026
Harvest Technology Group Ltd, listed on the ASX under code HTG, operates as a publicly traded company in Australia and manages its funding through the issuance of ordinary fully paid shares. Its activities reflect a focus on maintaining access to ...
Harvest Technology appoints new CEO to drive defence-focused growth
May 31, 2026
Harvest Technology Group has appointed Veronica Bainton as chief executive officer to spearhead its defence-focused growth strategy, leveraging her extensive experience in defence, space, national security, and sovereign capability development. He...
Harvest Technology’s NodeStream Hits TRL 9 With 500,000+ Operational Hours
May 26, 2026
Harvest Technology Group has highlighted that its NodeStream platform has achieved TRL 9 certification and accumulated more than 500,000 operational hours in commercial sectors, underscoring its maturity and reliability in real-world conditions. T...
Harvest Technology Group Plans Major Share and Option Issue
May 26, 2026
Harvest Technology Group Ltd has notified the ASX of a proposed issue of securities as part of a placement or similar capital-raising initiative. The company has applied for the new securities to be quoted on the exchange once issued, in line with...
Harvest Technology Group Raises A$6.5m to Drive Defence and Autonomous Systems Growth
May 26, 2026
Harvest Technology Group has secured firm commitments for a A$6.5 million two-tranche equity placement at A$0.01 per share to institutional and sophisticated investors, with A$3 million to be raised immediately under existing placement capacity an...
Harvest Technology Group requests trading halt ahead of capital raising
May 24, 2026
Harvest Technology Group Ltd has requested a trading halt in its securities on the ASX from the start of trading on 25 May 2026. The halt is expected to last until either the commencement of normal trading on 27 May 2026 or the release of a pendin...
Harvest Technology Group lodges investor webinar presentation with ASX
May 1, 2026
Harvest Technology Group Ltd has released an investor webinar presentation ahead of its scheduled online investor event on 1 May 2026, offering shareholders and the market additional information on the company’s activities. The presentation,...
Harvest Technology Group schedules investor webinar to outline company update
Apr 27, 2026
Harvest Technology Group has invited investors to participate in an investor webinar to be held on 1 May 2026, hosted by Executive Chair Jeff Sengelman and focused on providing a company update. The event signals ongoing engagement with the market...
Harvest Technology Deepens Defence Focus and Expands Nodestream Deployments
Apr 26, 2026
Harvest Technology Group reported continued progress on its strategic shift toward international defence markets, highlighting the alignment of its ultra-low bandwidth Nodestream platform with emerging defence and national security use cases. The ...
Harvest Technology Group Issues 2.5 Million New Shares Under ASX Trading Exemption
Apr 20, 2026
Harvest Technology Group Limited has issued 2,500,000 fully paid ordinary shares without a prospectus under Australian corporations law, relying on an exemption that allows secondary trading of these securities. The company confirmed it is up to d...
Harvest Technology Group Seeks Quotation for 2.5 Million New Shares on ASX
Apr 20, 2026
Harvest Technology Group Ltd has applied for quotation of 2,500,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 20 April 2026. The securities form part of a previously announced transaction, signalli...
Harvest Technology Group Issues 81.6 Million Unquoted Options
Apr 20, 2026
Harvest Technology Group Ltd., listed on the ASX under ticker HTG, has lodged a notice regarding changes to its capital structure, but the filing does not elaborate on its operating business, industry segment, or core products and services. The an...
Harvest Technology shareholders back capital management resolutions at general meeting
Apr 20, 2026
Harvest Technology Group Ltd has reported the results of its 20 April general meeting, where shareholders strongly backed a series of capital-related resolutions. Investors ratified prior issues of shares, convertible notes and options to various ...
Harvest Technology Secures Independent Backing for U.S. Defence Push
Apr 13, 2026
Harvest Technology Group has completed an independent U.S. market entry assessment for its Nodestream communications platform, confirming strong alignment with documented and funded operational requirements in defence and allied government sectors...
Harvest Technology Director Faenza Steps Down but Retains Major Shareholding
Apr 2, 2026
Harvest Technology Group Limited has announced the departure of director Ilario Faenza from the board effective 1 April 2026, in line with ASX disclosure requirements. The company detailed that Faenza directly holds 1.4 million fully paid ordinary...
Harvest speeds defence pivot, installs new leadership to drive Nodestream growth
Apr 1, 2026
Harvest Technology Group has reaffirmed its strategic pivot toward defence markets after an independent review confirmed its Nodestream platform offers compelling capabilities for resilient video, voice and data transmission in bandwidth-constrain...
Harvest Technology Group Sets Fully Virtual General Meeting for April 2026
Mar 20, 2026
Harvest Technology Group has called a virtual general meeting of shareholders for 1:00pm AWST on 20 April 2026, providing electronic access to the notice of meeting and explanatory materials through its website and ASX announcements. The company i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.