Harris Technology Group Past Earnings Performance

Past criteria checks 0/6

Harris Technology Group's earnings have been declining at an average annual rate of -36%, while the Specialty Retail industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 15.3% per year.

Key information

-36.0%

Earnings growth rate

-23.7%

EPS growth rate

Specialty Retail Industry Growth	19.8%
Revenue growth rate	15.3%
Return on equity	-88.9%
Net Margin	-11.4%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Harris Technology Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:HT8 Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	18	-2	3
30 Sep 23	21	-3	3
30 Jun 23	24	-3	3
31 Mar 23	31	-4	3
31 Dec 22	37	-4	3
30 Sep 22	44	-3	4
30 Jun 22	50	-1	4
31 Mar 22	51	0	4
31 Dec 21	51	1	4
30 Sep 21	46	1	3
30 Jun 21	42	2	3
31 Mar 21	35	2	2
31 Dec 20	29	2	2
30 Sep 20	21	2	2
30 Jun 20	14	1	1
31 Mar 20	11	0	1
31 Dec 19	9	-1	1
30 Sep 19	9	-1	1
30 Jun 19	9	-1	1
31 Mar 19	35	-2	6
31 Dec 18	10	0	1
30 Sep 18	11	-1	1
30 Jun 18	12	-1	1
31 Dec 17	31	0	4
30 Sep 17	41	-2	6
30 Jun 17	51	-3	8
31 Dec 16	53	-7	8
30 Sep 16	53	-5	7
30 Jun 16	54	-3	7
30 Jun 15	37	0	4
30 Jun 14	33	0	5
30 Jun 13	33	0	6

Quality Earnings: HT8 is currently unprofitable.

Growing Profit Margin: HT8 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HT8 is unprofitable, and losses have increased over the past 5 years at a rate of 36% per year.

Accelerating Growth: Unable to compare HT8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HT8 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-8.8%).

Return on Equity

High ROE: HT8 has a negative Return on Equity (-88.86%), as it is currently unprofitable.

Harris Technology Group Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.005 loss in FY 2022)

Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.005 loss in FY 2022)

Harris Technology Group Limited to Report Fiscal Year 2023 Results on Sep 30, 2023

First half 2023 earnings released: AU$0.67 loss per share (vs AU$0.001 profit in 1H 2022)

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 profit in FY 2021)

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 profit in FY 2021)

Recent updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Harris Technology Group Limited, Annual General Meeting, Nov 28, 2023

Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.005 loss in FY 2022)

Less than half of directors are independent

Less than half of directors are independent

Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.005 loss in FY 2022)

Harris Technology Group Limited to Report Fiscal Year 2023 Results on Sep 30, 2023

New minor risk - Financial data availability

Less than half of directors are independent

Less than half of directors are independent

First half 2023 earnings released: AU$0.67 loss per share (vs AU$0.001 profit in 1H 2022)

Less than half of directors are independent

Less than half of directors are independent

CEO, MD & Executive Director recently bought AU$112k worth of stock

Harris Technology Group Limited, Annual General Meeting, Nov 23, 2022

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 profit in FY 2021)

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.007 profit in FY 2021)

Harris Technology Group Limited Provides Revenue Guidance for the Fiscal Year 2022

Harris Technology Group Limited, Annual General Meeting, Jul 19, 2022

CEO, MD & Executive Director recently bought AU$70k worth of stock

No independent directors

CEO, MD & Executive Director recently bought AU$133k worth of stock

Full year 2021 earnings released: EPS AU$0.007 (vs AU$0.005 in FY 2020)

CEO, MD & Executive Director recently bought AU$53k worth of stock

CEO, MD & Executive Director recently bought AU$55k worth of stock

CEO, MD & Executive Director recently bought AU$84k worth of stock

Harris Technology Group Ltd Announces Executive Changes

Independent Non-Executive Chairman Andrew Plympton has left the company

Harris Technology Group Limited to Report First Half, 2021 Results on Feb 26, 2021

Harris Technology Group Limited, Annual General Meeting, Feb 05, 2021

CEO, MD & Executive Director recently bought AU$105k worth of stock

New 90-day high: AU$0.20

Harris Technology Group Limited Appoints Alan Sparks to the Board, Effective 1 December 2020

Harris Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 3.512 million.

Non-Executive Director recently bought AU$3.0m worth of stock

Harris Technology Group Limited has completed a Follow-on Equity Offering in the amount of AUD 1.4 million.

Harris Technology Group Limited (ASX:HT8) cancelled the acquisition of Fstop labs business of QUBOT LLC.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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