• Recorded total revenue of $618k and cash receipts of $462k
• EBITDA materially improved to $0.689m
• Raised $2.13m via debt and convertible note instruments

Harvest Technology Group Ltd (ASX:HTG) has reported its quarterly Activity Report and Appendix 4C for the September 2025 quarter. The key financial highlights include the Group recording total revenue of $618k (Q1 FY2025: $746k) and cash receipts of $462k. EBITDA has materially improved to $0.689m (Q1 FY2025: ($1.242m)) due to the right-sizing exercise completed last financial year. The Group raised $2.13m (before costs) via a range of debt and convertible note instruments in the September quarter. At 30 September 2025, the Group held $1.172m cash at bank. Key operational highlights include securing a new customer in the mining sector, further expansion of the Uncrewed Surface Vessel Border Control fleet in the Middle East, and securing advance payment to design and deliver four new prototypes to a key Defence partner. The company also onboarded an experienced Enterprise Business Development Executive and initiated a search for a Marketing Content Development Specialist. In October, the company executed a final Settlement Agreement with the owners of the Vos Shine vessel and announced a Memorandum of Understanding with Annex Digital to provide access to Australian Federal Government and Defence projects.