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Harvest Technology Group Ltd.
(Sydney:HTG)
Harvest Technology Group Ltd. (HTG) vs. iShares MSCI Australia ETF (EWA)
Harvest Technology Group Ltd. Business Overview & Revenue Model
Harvest Technology Group Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.24M | 2.65M | 3.04M | 2.15M | 2.09M | 11.56M | Gross Profit |
| -456.32K | 2.19M | -7.05M | -9.07M | -3.58M | -1.29M | EBIT |
| -8.03M | -7.90M | -9.19M | -12.87M | -8.10M | -6.25M | EBITDA |
| -11.35M | -12.30M | -7.39M | -11.14M | -7.63M | -3.24M | Net Income Common Stockholders |
| -14.42M | -13.33M | -10.00M | -14.50M | -10.24M | -6.15M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 677.96K | 444.94K | 992.02K | 4.50M | 6.76M | 11.31M | Total Assets |
| 2.57M | 3.49M | 10.57M | 18.75M | 24.60M | 26.36M | Total Debt |
| 8.81M | 6.60M | 5.54M | 5.65M | 4.11M | 6.78M | Net Debt |
| 8.13M | 6.15M | 4.55M | 1.15M | -2.64M | -4.52M | Total Liabilities |
| 10.30M | 9.18M | 6.98M | 7.33M | 8.77M | 13.72M | Stockholders Equity |
| -7.73M | -5.69M | 3.59M | 11.42M | 15.83M | 12.64M |
| Cash Flow | Free Cash Flow | ||||
| -3.89M | -4.83M | -4.64M | -9.83M | -9.43M | -1.17M | Operating Cash Flow |
| -5.26M | -4.80M | -4.59M | -9.00M | -9.04M | -1.08M | Investing Cash Flow |
| 1.38M | 70.05K | -149.41K | -1.53M | -1.34M | -3.89M | Financing Cash Flow |
| 3.93M | 4.19M | 1.23M | 8.27M | 5.83M | 14.10M |
Harvest Technology Group Ltd. Technical Analysis
Harvest Technology Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $3.19B | 35.59 | 19.85% | 1.53% | 15.59% | 19.34% | |
71 Outperform | $3.40B | 18.13 | 10.01% | 1.82% | 8.95% | 3.33% | |
64 Neutral | $1.05B | 65.04 | -0.70% | ― | 6.36% | -115.00% | |
61 Neutral | $11.29B | 10.07 | -7.05% | 2.96% | 7.47% | -10.75% | |
55 Neutral | $310.65M | ― | -16.26% | ― | -19.47% | 52.11% | |
52 Neutral | $303.31M | ― | -19.32% | ― | -13.61% | 86.37% | |
37 Underperform | AU$15.23M | ― | ― | 0.82% | -58.82% |
Harvest Technology Group Ltd. Corporate Events
Harvest Technology Group Ltd. reported a 19% improvement in EBITDA on a normalized basis for Q3 FY2025, alongside a significant increase in cash receipts and revenue. The company is seeing positive impacts from cost-saving measures and a doubling of its sales pipeline due to new partnerships. Key developments include the launch of new hardware devices, a major software upgrade, and ongoing strategic efforts to enhance profitability and revenue growth, with a focus on expanding reseller partnerships and improving gross margins.
Harvest Technology Group Limited has listed its shares on the Frankfurt Stock Exchange’s Open Market, aiming to expand its investor base and increase visibility in European capital markets. This strategic move aligns with HTG’s growth objectives, particularly in sectors like defence, cybersecurity, aerospace, and telecommunications, where European demand is growing. The listing is expected to enhance liquidity and attract new investors without diluting existing shareholders, as no new shares will be issued. HTG plans a targeted European investor engagement program in June 2025 to showcase its technologies and align its investor base with its commercial footprint.
Harvest Technology Group Limited has issued 8,346,103 fully paid ordinary shares, with 5,336,906 shares allocated under the Employee Incentive Plan and 3,009,197 shares issued to consultants for services. This issuance is exempt from disclosure requirements under the Corporations Act, allowing for the on-sale of these shares. The company confirms compliance with relevant provisions of the Act and assures that no undisclosed information would affect investors’ assessments of the company’s financial standing or the rights attached to the shares.
Harvest Technology Group Ltd announced the issuance of 5,336,906 ordinary fully paid securities, which will be quoted on the ASX. This move is part of an employee incentive scheme, reflecting the company’s commitment to rewarding its workforce and potentially enhancing its market position by aligning employee interests with shareholder value.
Harvest Technology Group Ltd has announced the quotation of 3,009,197 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s market presence and provide additional liquidity for stakeholders.
Harvest Technology Group Ltd has announced a proposed issue of 3,009,197 ordinary fully paid securities, set for issuance on April 8, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s capital structure and market positioning, offering new opportunities for growth and investment.
Harvest Technology Group Ltd has announced the issuance of 1,400 convertible notes, set to be issued on August 28, 2024. This move is part of the company’s strategy to enhance its financial structure and potentially improve its market positioning, offering stakeholders an opportunity to engage with the company’s growth prospects.
Harvest Technology Group Ltd announced the issuance of 100 convertible notes, which are unquoted securities, as part of a previously announced transaction. This move is part of the company’s strategic financial operations, potentially impacting its market positioning and offering insights into its future financial strategies.
Harvest Technology Group Ltd has announced a proposed issue of 100 convertible notes as part of a placement or other type of issue, with the proposed issue date set for March 14, 2025. This move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially enhancing its market position and offering new opportunities for stakeholders.
Harvest Technology Group Limited has secured $100,000 through unsecured convertible notes from a sophisticated investor at Alto Capital. These notes, maturing on November 27, 2026, offer a 15% annual interest rate and provide the option for redemption or conversion at the noteholder’s discretion. This funding move is expected to enhance Harvest’s financial flexibility and support its strategic initiatives in the remote operations industry.
Harvest Technology Group Ltd has announced the issuance of 1,500 unquoted convertible notes, set to mature on February 25, 2027. This move is part of previously announced transactions and signifies the company’s efforts to strengthen its financial position, potentially impacting its market strategy and stakeholder interests.
Harvest Technology Group Ltd announced the issuance of 825 convertible notes with a maturity date of November 27, 2026. This move is part of the company’s financial strategy to strengthen its capital structure, potentially impacting its market position by enhancing its financial flexibility and supporting future growth initiatives.
Harvest Technology Group Ltd has announced the issuance of 2,000 unquoted convertible notes with a maturity date of October 14, 2026. This move is part of the company’s financial strategy to strengthen its capital structure, potentially impacting its market position by enhancing its operational capabilities and offering stakeholders an opportunity for future investment returns.
Harvest Technology Group Ltd announced a proposed issue of convertible notes, with a maturity date set for February 25, 2027. This issuance is aimed at raising capital to support the company’s ongoing operations and strategic initiatives, potentially enhancing its market position and offering stakeholders an opportunity for investment growth.
Harvest Technology Group Ltd announced the cessation of 6,000,000 securities due to the expiry of options without exercise or conversion as of March 3, 2025. This development may impact the company’s capital structure and could have implications for stakeholders regarding the company’s financial strategies and market operations.
Harvest Technology Group Ltd. reported its half-year financial results for the period ending December 31, 2024, showing a slight decrease in revenue and a significant increase in losses compared to the previous year. The company did not declare any dividends, and the report highlights concerns about its going concern status, which may impact its financial stability and stakeholder confidence.
Harvest Technology Group Limited has secured $1.5 million in funding through unsecured convertible notes from a sophisticated investor of Alto Capital, bringing the investor’s total funding to $4.7 million. This funding will support Harvest’s three-year pathway to profit plan, with the notes offering a 15% annual interest and options for conversion into shares. Additionally, the company has amended the maturity date of its existing secured convertible notes to October 2026, maintaining the same interest rate and terms, which reflects strategic financial management to bolster its operational and market positioning.