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Harris Technology Group Limited ( (AU:HT8) ) just unveiled an announcement.
Harris Technology Group Limited reported a strong performance in the first quarter of FY26, with sales reaching $3.8 million and achieving a breakeven net operating cash flow. The company’s refurbished tech division continues to drive growth, contributing over $1 million in sales for the third consecutive quarter. This growth is supported by strengthened supplier relationships and the introduction of refurbished Apple products, positioning Harris Technology as a leading player in Australia’s refurbished tech market. The company ended the quarter with $1.8 million in cash and a $6.1 million undrawn financing facility, indicating a solid financial position to support future growth.
More about Harris Technology Group Limited
Harris Technology Group Limited is a publicly listed company on the Australia Securities Exchange, known for its eCommerce business specializing in IT and consumer electronics products. With over 30 years of history, the company caters to small and medium businesses in Australia and operates entirely online, leveraging platforms like Amazon, Kogan, Catch, and eBay.
Average Trading Volume: 99,454
Technical Sentiment Signal: Sell
Current Market Cap: A$3.62M
Learn more about HT8 stock on TipRanks’ Stock Analysis page.