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Harvest Technology Group Ltd. (AU:HTG)
ASX:HTG
Australian Market
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Harvest Technology Group Ltd. (HTG) AI Stock Analysis

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AU:HTG

Harvest Technology Group Ltd.

(Sydney:HTG)

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Neutral 46 (OpenAI - 4o)
Rating:46Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Harvest Technology Group Ltd.'s stock score is primarily impacted by its weak financial performance, characterized by declining revenues and high leverage. Technical analysis provides some positive signals, but valuation remains unattractive due to negative earnings. The absence of earnings call data and corporate events limits further insights.

Harvest Technology Group Ltd. (HTG) vs. iShares MSCI Australia ETF (EWA)

Harvest Technology Group Ltd. Business Overview & Revenue Model

Company DescriptionHarvest Technology Group Limited develops and delivers proprietary software, products and services that enables the secure encrypted transfer of data in Australia, the United States, and the United Kingdom. The company's products include network optimized livestreaming software; Infinity Wearwolf, a software that enables point-to-point video and voice communications for simultaneous review, live analysis, and collaboration; Nodecom software, which provides a direct channel for two-way communication; and Infinity Nodestream Mini/Infinity Nodestream Quad, which allows video feeds to be distributed point-to-point from anywhere in the world through satellite. It also offers Nodestream AVR2, secure point-to-cloud video distribution solution; Infinity Nodester, an application that optimizes and allocates bandwidth with a tap; Remote Inspection System, which allows client to removal of personnel; and Opsivity that assists remote technicians with real-time field support. In addition, the company provides SaaS-based mobile technology platform that enhanced connectivity and operational support to field technicians with user interface and integration with job and project management software. Further, it offers data transfer technology, and corporate and administrative support services. The company was formerly known as Smart Marine Systems Limited and changed its name to Harvest Technology Group Limited in April 2020. Harvest Technology Group Limited was incorporated in 2011 and is based in West Perth, Australia.
How the Company Makes MoneyHarvest Technology Group Ltd. generates revenue through the sale and licensing of its proprietary software and technology solutions. The company earns money by offering its remote communication and data management products to businesses operating in remote or challenging environments, such as offshore oil rigs or remote mining locations. HTG also engages in strategic partnerships with companies in the energy and resources sectors, providing customized solutions that integrate with their existing operations. Additionally, the company may earn revenue through ongoing service agreements and support contracts, ensuring the continued functionality and optimization of its deployed solutions.

Harvest Technology Group Ltd. Financial Statement Overview

Summary
Harvest Technology Group Ltd. faces significant financial challenges, including declining revenues, persistent losses, and high leverage. Despite minor improvements in cash flow metrics, the overall financial health remains precarious.
Income Statement
25
Negative
Harvest Technology Group Ltd. has experienced declining revenue over the past year, with a negative revenue growth rate of -3.58% in the latest period. The company has consistently reported negative net income, resulting in a negative net profit margin. Additionally, both EBIT and EBITDA margins are negative, indicating operational inefficiencies and challenges in achieving profitability.
Balance Sheet
15
Very Negative
The balance sheet reveals significant financial instability, with a negative stockholders' equity indicating more liabilities than assets. The debt-to-equity ratio is negative, reflecting high leverage and financial risk. Return on equity is also negative, further highlighting the company's struggle to generate returns for shareholders.
Cash Flow
30
Negative
Cash flow analysis shows a slight improvement in free cash flow growth, but the company continues to generate negative operating and free cash flows. The ratios of operating and free cash flow to net income are positive, suggesting some efficiency in converting net income to cash, but the overall cash flow position remains weak.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.09M4.09M2.65M3.04M2.15M2.09M
Gross Profit3.19M3.20M2.19M-7.05M1.52M-3.58M
EBITDA-4.00M-4.12M-12.30M-7.39M-11.19M-6.81M
Net Income-7.06M-7.06M-13.33M-10.00M-14.50M-10.24M
Balance Sheet
Total Assets2.70M2.70M3.49M10.57M18.75M24.60M
Cash, Cash Equivalents and Short-Term Investments722.50K722.50K444.94K992.02K4.50M6.76M
Total Debt11.40M11.40M6.60M5.54M5.65M4.11M
Total Liabilities13.46M13.46M9.18M6.98M7.33M8.77M
Stockholders Equity-10.76M-10.76M-5.69M3.59M11.42M15.83M
Cash Flow
Free Cash Flow-4.58M-4.58M-4.83M-4.64M-9.83M-9.43M
Operating Cash Flow-4.57M-4.57M-4.80M-4.59M-9.00M-9.04M
Investing Cash Flow-5.56K-5.56K70.05K-149.41K-1.53M-1.34M
Financing Cash Flow4.85M4.85M4.19M1.23M8.27M5.83M

Harvest Technology Group Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
45.32
Neutral
STOCH
33.33
Neutral
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 below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.32 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
49
Neutral
AU$14.38M-166.26%24.43%40.63%
48
Neutral
AU$26.60M-31.01%-3.43%-40.65%
46
Neutral
AU$18.15M-5.80%54.70%
44
Neutral
AU$7.21M-29.77%36.72%20.00%
39
Underperform
AU$6.43M-26.58%
35
Underperform
AU$81.43M-243.28%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HTG
Harvest Technology Group Ltd.
0.02
0.00
0.00%
AU:AMX
Aerometrex Ltd.
0.30
-0.02
-6.25%
AU:1CG
UUV Aquabotix Ltd.
0.01
0.00
0.00%
AU:PFM
Cape Range Ltd.
0.04
-0.12
-75.00%
AU:SIS
Simble Solutions Ltd.
AU:NVU
Nanoveu Ltd.
0.08
0.03
60.00%

Harvest Technology Group Ltd. Corporate Events

Harvest Technology Group Reports Strong Financial Growth and Strategic Advancements in June 2025 Quarter
Jul 31, 2025

Harvest Technology Group Ltd. reported a significant financial improvement in the June 2025 quarter, with a 135% increase in revenue compared to the previous year. The company raised $970k through debt and convertible notes and listed its shares on the Frankfurt Stock Exchange to broaden its investor base. Operational advancements included the appointment of a new Sales and Marketing Director, the initiation of project Neon, and securing new subsea services customers. The company also expanded its existing customer deployments and integrated its Autopilot and Nodestream systems for enhanced efficiency. These developments are expected to strengthen Harvest’s market positioning and operational capabilities, benefiting stakeholders through increased sales and improved technology offerings.

Harvest Technology Group Ltd Issues Unquoted Convertible Notes
Jul 10, 2025

Harvest Technology Group Ltd announced the issuance of 245 convertible notes, which are unquoted securities, as part of a previously announced transaction. This move could potentially impact the company’s financial structure and market positioning, offering stakeholders insight into its strategic financial maneuvers.

Harvest Technology Group Issues Unquoted Convertible Notes
Jul 7, 2025

Harvest Technology Group Ltd announced the issuance of 500 unquoted convertible notes as part of a previously disclosed transaction. This move is part of the company’s strategic financial maneuvers, potentially impacting its capital structure and offering opportunities for growth and investment, thereby influencing its market positioning and stakeholder interests.

Harvest Technology Group Issues Shares Under Employee Incentive Plan
Jul 2, 2025

Harvest Technology Group Limited has issued 13,071,574 fully paid ordinary shares under its Employee Incentive Plan, as announced on 2 July 2025. This issuance is exempt from disclosure requirements under section 708A(5) of the Corporations Act 2001, allowing for the on-sale of these shares. The company confirms compliance with relevant legislative provisions and assures that no undisclosed information would impact investors’ ability to assess its financial standing or the rights attached to the shares.

Harvest Technology Group Ltd Lists New Securities on ASX
Jul 2, 2025

Harvest Technology Group Ltd announced the quotation of 13,071,574 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of July 2, 2025. This move, involving securities issued under an employee incentive scheme, is expected to strengthen the company’s market position and provide liquidity, potentially enhancing shareholder value.

Harvest Technology Group Ltd Issues Convertible Notes to Enhance Financial Strategy
Jul 2, 2025

Harvest Technology Group Ltd announced the issuance of 255 convertible notes as part of a previously announced transaction. This move is part of their strategic financial operations, potentially impacting their market positioning and offering opportunities for stakeholders to engage with the company’s growth initiatives.

Harvest Technology Group Invests in TRU Recognition to Enhance Visual AI Capabilities
Jul 1, 2025

Harvest Technology Group Limited has announced its subscription for convertible notes in TRU Recognition Holdings Ltd, with an initial investment of $255,000 and an option to invest an additional $245,000. This strategic move aims to leverage TRU’s vision-based technology platform, which transforms camera networks into intelligent business tools, potentially complementing Harvest’s Nodestream technology. The collaboration could unlock new use cases for intelligent video and visual AI, enhancing business impact without significant infrastructure changes. This investment may also pave the way for a potential partnership between the two companies.

Harvest Technology Group Ltd Announces Proposed Issue of Convertible Notes
Jul 1, 2025

Harvest Technology Group Ltd has announced a proposed issue of securities, specifically 500 convertible notes, with the aim of enhancing its financial position and supporting future growth initiatives. This strategic move is expected to strengthen the company’s market position and provide additional resources for its ongoing technological advancements, potentially benefiting stakeholders by improving the company’s operational capabilities and market competitiveness.

Harvest Technology Group Secures $500,000 Funding for Growth
Jul 1, 2025

Harvest Technology Group Limited has secured $500,000 in funding through unsecured convertible notes from sophisticated investors at Alto Capital. This funding supports their three-year pathway to profit plan, demonstrating strong investor confidence and potentially enhancing their market position in the remote operations industry.

Harvest Technology Group Ltd Announces Convertible Notes Issuance
Jun 27, 2025

Harvest Technology Group Ltd announced a proposed issue of 255 convertible notes, set to be issued on June 30, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its financial flexibility and market positioning. The issuance could attract investor interest and support the company’s growth initiatives.

Harvest Technology Group Surpasses Profit Milestones Ahead of Schedule
Jun 16, 2025

Harvest Technology Group Limited has announced that it is one year ahead of its 3-Year Pathway to Profit strategy, initially set in July 2024, marking a significant stride towards sustainable profitability. The company anticipates a more than 50% reduction in EBITDA loss for FY25, driven by streamlined operations and increased margin capture. The launch of its NEON product in 1H26, an edge AI-enabled solution, is set to enhance its existing ultra-low bandwidth livestreaming and remote operations technology. Harvest is also expanding its market reach with dual trading on the Frankfurt Stock Exchange and increased investor communication efforts, targeting sectors such as Marine, Defence, and Industrial. This strategic growth is supported by a growing pipeline and interest from global defence integrators, positioning the company for global scalability and alignment with energy and defence megatrends.

Harvest Technology Group Shifts Share Registry Services to Xcend
Jun 13, 2025

Harvest Technology Group Limited announced a change in its share registry services, transferring responsibilities from Computershare Investor Services Pty Limited to Xcend Pty Ltd, effective 16 June 2025. This transition to XCEND is expected to enhance shareholder management through a secure online portal, allowing efficient handling of shareholder details, transactions, and documents, potentially improving stakeholder engagement and operational efficiency.

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.Date of analysis: Oct 03, 2025