Ankündigung • May 28
Harvest Technology Group Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million. Harvest Technology Group Limited has filed a Follow-on Equity Offering in the amount of AUD 6.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 300,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 350,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 33% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-AU$12m). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$3.1m revenue, or US$2.2m). Market cap is less than US$100m (AU$22.9m market cap, or US$16.3m). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Ross Mckinnon was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Ross Mckinnon was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 04
Harvest Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1.63176 million. Harvest Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1.63176 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,554,286
Price\Range: AUD 0.014
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 26
Harvest Technology Group Limited has filed a Follow-on Equity Offering in the amount of AUD 1.63176 million. Harvest Technology Group Limited has filed a Follow-on Equity Offering in the amount of AUD 1.63176 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,554,286
Price\Range: AUD 0.014
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Ankündigung • Sep 27
Harvest Technology Group Limited, Annual General Meeting, Nov 28, 2025 Harvest Technology Group Limited, Annual General Meeting, Nov 28, 2025. Reported Earnings • Aug 28
Full year 2025 earnings released: AU$0.008 loss per share (vs AU$0.017 loss in FY 2024) Full year 2025 results: AU$0.008 loss per share (improved from AU$0.017 loss in FY 2024). Revenue: AU$4.09m (down 5.4% from FY 2024). Net loss: AU$7.01m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Ankündigung • Feb 17
Harvest Technology Group Limited Announces Change of Company Secretary Harvest Technology Group Limited announced the appointment of Mr. George Lazarou as Company Secretary, replacing Mr. Jack Rosagro with effect from 17 February 2025. Mr. Lazarou is a qualified Chartered Accountant with 30 years' experience, including five years as a partner of a mid-tier accounting firm, specialising in the areas of advisory and corporate services. Mr. Lazarou has extensive skills in the areas of corporate services, due diligence, independent expert reports, mergers & acquisitions and valuations. Mr. Lazarou has been Chair, Executive & Non-Executive Director and Company Secretary of a number of ASX listed companies. Reported Earnings • Oct 03
Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.016 loss in FY 2023) Full year 2024 results: AU$0.017 loss per share (further deteriorated from AU$0.016 loss in FY 2023). Revenue: AU$4.32m (down 23% from FY 2023). Net loss: AU$12.7m (loss widened 31% from FY 2023). Ankündigung • Sep 19
Harvest Technology Group Limited, Annual General Meeting, Nov 19, 2024 Harvest Technology Group Limited, Annual General Meeting, Nov 19, 2024. Reported Earnings • Aug 30
Full year 2024 earnings released: AU$0.017 loss per share (vs AU$0.016 loss in FY 2023) Full year 2024 results: AU$0.017 loss per share (further deteriorated from AU$0.016 loss in FY 2023). Revenue: AU$4.42m (down 21% from FY 2023). Net loss: AU$12.7m (loss widened 31% from FY 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. New Risk • Nov 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.5m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.6m free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (AU$15.5m market cap, or US$9.99m). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$5.7m net loss next year). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (AU$5.6m revenue, or US$3.6m). Ankündigung • Oct 28
Harvest Technology Group Limited, Annual General Meeting, Nov 28, 2023 Harvest Technology Group Limited, Annual General Meeting, Nov 28, 2023, at 13:00 W. Australia Standard Time. Location: The Hub, Global Streaming Centre, 2 Brodie Hall Drive, Technology Park, Bentley Western Australia Australia Agenda: To consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2023, which includes the Financial Report, the Directors' Report and the Auditor's Report; to consider remuneration report; to consider election of Director - Mr Ross McKinnon; to consider re-election of Director - Mr Jeffery Sengelman; to consider approval of 10% Placement Facility; to consider re-insertion of Proportional Takeover Bid Approval Provisions; and to consider other matters. Ankündigung • Sep 05
Harvest Technology Group Limited, Annual General Meeting, Oct 04, 2023 Harvest Technology Group Limited, Annual General Meeting, Oct 04, 2023, at 13:00 W. Australia Standard Time. Location: offices of the Company at Ground Floor, 16 Ord Street West Perth WA 6005 West Perth Australia Agenda: To discuss Capital Reduction of Shares held by Mr Jeffery Sengelman; to discuss Ratification of issue of Placement Shares; to discuss Ratification of issue of Adviser Options; to discuss Ratification of issue of Subscription Shares to Mr Ross McKinnon; and to Approval of issue of Director Options to Mr Jeffery Sengelman. Reported Earnings • Sep 03
Full year 2023 earnings released: AU$0.016 loss per share (vs AU$0.025 loss in FY 2022) Full year 2023 results: AU$0.016 loss per share (improved from AU$0.025 loss in FY 2022). Revenue: AU$5.66m (up 164% from FY 2022). Net loss: AU$9.68m (loss narrowed 29% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. New Risk • Aug 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable next year (AU$5.6m net loss next year). Shareholders have been diluted in the past year (17% increase in shares outstanding). Significant insider selling over the past 3 months (AU$499k sold). Revenue is less than US$5m (AU$4.1m revenue, or US$2.6m). Market cap is less than US$100m (AU$23.4m market cap, or US$15.0m). Ankündigung • Jul 18
Harvest Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1 million. Harvest Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 2.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,756,757
Price\Range: AUD 0.037
Discount Per Security: AUD 0.00222
Transaction Features: Subsequent Direct Listing Ankündigung • Jul 12
Harvest Technology Group Limited Announces Paul Guilfoyle Resigns as Executive Director Harvest Technology Group Limited advised that its Board has accepted and agreed with Company founder and Executive Director Paul Guilfoyle resigning from his position as Executive Director, effective immediately, to focus solely on the operational leadership of the Company. New Risk • Jun 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$5.6m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (7.3% increase in shares outstanding). Revenue is less than US$5m (AU$4.1m revenue, or US$2.8m). Market cap is less than US$100m (AU$23.4m market cap, or US$15.8m). Breakeven Date Change • Mar 09
Forecast to breakeven in 2024 The analyst covering Harvest Technology Group expects the company to break even for the first time. New forecast suggests losses will reduce by 84% to 2023. The company is expected to make a profit of AU$4.40m in 2024. Average annual earnings growth of 166% is required to achieve expected profit on schedule. Reported Earnings • Feb 25
First half 2023 earnings released: AU$0.007 loss per share (vs AU$0.013 loss in 1H 2022) First half 2023 results: AU$0.007 loss per share (improved from AU$0.013 loss in 1H 2022). Revenue: AU$2.81m (up 231% from 1H 2022). Net loss: AU$4.41m (loss narrowed 34% from 1H 2022). Revenue is forecast to grow 71% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Breakeven Date Change • Nov 16
No longer forecast to breakeven The analyst covering Harvest Technology Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.30m in 2024. New forecast suggests the company will make a loss of AU$0 in 2024. Breakeven Date Change • Oct 28
No longer forecast to breakeven The analyst covering Harvest Technology Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$1.30m in 2024. New forecast suggests the company will make a loss of AU$0 in 2024. Reported Earnings • Aug 30
Full year 2022 earnings released: AU$0.025 loss per share (vs AU$0.021 loss in FY 2021) Full year 2022 results: AU$0.025 loss per share (down from AU$0.021 loss in FY 2021). Revenue: AU$2.16m (down 74% from FY 2021). Net loss: AU$13.7m (loss widened 34% from FY 2021). Over the next year, revenue is forecast to grow 407%, compared to a 35% growth forecast for the Electronic industry in Australia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Stuart Carmichael was the last director to join the board, commencing their role in 2021. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Independent Director Rod Evans is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Mar 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 4.8%. The fair value is estimated to be AU$0.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 0.2% in a year. Earnings is forecast to grow by 58% in the next year. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.018 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$8.29m (down 28% from FY 2020). Net loss: AU$10.2m (loss widened 70% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 145% per year, which means it is well ahead of earnings. Reported Earnings • Sep 02
Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.018 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: AU$8.52m (down 26% from FY 2020). Net loss: AU$10.2m (loss widened 70% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 111% per year, which means it is well ahead of earnings. Reported Earnings • Mar 04
First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.005 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: AU$2.19m (down 58% from 1H 2020). Net loss: AU$6.26m (loss widened 331% from 1H 2020). Is New 90 Day High Low • Jan 14
New 90-day high: AU$0.36 The company is up 14% from its price of AU$0.32 on 16 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. Recent Insider Transactions • Jan 08
Group MD & Executive Director recently sold AU$460k worth of stock On the 5th of January, Paul Guilfoyle sold around 2m shares on-market at roughly AU$0.31 per share. This was the largest sale by an insider in the last 3 months. Paul has been a seller over the last 12 months, reducing personal holdings by AU$430k. Reported Earnings • Oct 03
Full year earnings released - AU$0.018 loss per share Over the last 12 months the company has reported total losses of AU$6.02m, with losses widening by 340% from the prior year. Total revenue was AU$11.6m over the last 12 months, up by AU$11.5m from the prior year. 
