Quarterly Activities/Appendix 4C Cash Flow Report
Key points
- 135% improvement in total revenue to $1.1M in Q4 FY24
- $970K raised via debt and convertible notes
- Listed on Frankfurt Stock Exchange to broaden investor base
Full summary
Harvest Technology Group Ltd (ASX:HTG) is pleased to provide its quarterly Activity Report and Appendix 4C for the June 2025 quarter. Key highlights include a 135% improvement in total revenue to $1.1M in Q4 FY24, the raising of $970K via a range of debt and convertible note instruments, and the listing of the company's shares on the Open Market segment of the Frankfurt Stock Exchange to broaden its investor base and enhance visibility across European capital markets. The company also appointed Hugh Bickerstaff as Sales and Marketing Director and Strategic Advisor, commenced Project Neon (an Edge AI-enabled solution), secured two new subsea services customers, expanded deployment across an existing customer fleet, continued engagement with a European defence customer, and began a rollout of Nodestream technology into a new Uncrewed Surface Vessel fleet in the Middle East. The company reported a cash balance of $723K on June 30, 2025, with a net cash inflow of $127K for the quarter.
Guidance
The Group expects total revenue to exceed $3.5M.
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