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Harris Technology Group Limited (ASX:HT8)

ALERT: Price-sensitive ASX Announcement for HT8
Current share price for HT8 : $0.021 -0.001 (-4.55%)+
Announcement
Release
20 Jul 2026 9:57AM
Price at Release
$0.022
Full Release
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Summary
Harris Technology Group Limited (ASX: HT8) reported Q4 FY26 sales of $4.3 million, with the refurbished technology category driving growth, contributing 58% of the quarterly revenue, and achieving a record $966k in June 2026. The company closed the quarter with a positive operating cash flow of $0.1 million, $1.9 million in cash, and $2.9 million in inventory. The conversion of $897k preference shares to equity by FSP Technology enhanced their financial position. The refurbished category's gross margin of 36% outperformed the legacy IT products, making it a key profit contributor. Harris Technology continues to enhance customer experience and brand loyalty as its market leadership in refurbished technology solidifies.
Key Points
  • Q4 FY26 sales of $4.3M
  • Positive operating cash flow of $0.1M for Q4 FY26
  • 12 months YTD positive operating cash flow of $0.9M
  • $1.9M cash on hand at quarter end
  • $2.9M inventory on hand
  • FSP Technology converted $897k preference shares to equity
  • Record monthly refurbished sales in June 2026 exceeding $0.9M
  • Refurbished category accounted for 58% of quarterly revenue
  • Refurbished division's gross margin substantially higher than legacy IT products
  • Total available funding of $3.688M at quarter end
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.