Harvest Technology Group Ltd

  • IPO date:
  • Sector: Technology
  • GIC Group: Software & Services
  • Industry: Software - Application
  • Company website

Company description

Harvest Technology Group Limited develops and delivers proprietary software, products, and services that enables the secure encrypted transfer of data in Australia, the United States, and the United Kingdom. The company's products include Nodestream, a remote operations system; Nodester Control System that delivers a visual intuitive interface to manage and control device connections and settings; Nodestream NQE/NQD, a 4-channel encoder/decoder designed to stream HD video node-to-node on a secure network; Nodestream AVR2, a secure point-to-cloud video distribution solution; and Nodestream NSR, an ultra-low latency encoder that delivers high-quality video and audio from digital sources. It also provides Remote Inspection System for live real-time decision making; Nodestream NSX, which provides usability, multi-channel video signal compatibility, and customisation that enables remote operations through centralised management; Nodestream Mini NSM, a desktop livestreaming solution; Nodecom NCM, a livestreaming audio for critical real-time decision-making; and Snap Support to resolve issues with real-time visual support for field teams and customers, as well as software applications. In addition, the company provides SaaS-based mobile technology platform that enhanced connectivity and operational support to field technicians with user interface and integration with job and project management software. Further, it offers technology research and development; and data transfer technology, and corporate and administrative support services. The company serves defence and law enforcement, emergency, maritime and logistics, infrastructure, and environmental industries. The company was formerly known as Smart Marine Systems Limited and changed its name to Harvest Technology Group Limited in April 2020. Harvest Technology Group Limited was incorporated in 2011 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$26.3251 million
P/E Ratio0
P/E Growth Ratio
Book Value0.013
Dividend Per Share0
Earnings Per Share-0.02
EBITDA-10,599.133
Profit Margin-2.8956
Operating Margin TTM-2.6561
Return on Assets TTM-0.3892
Return on Equity TTM-1.1485
Revenue TTM4,105.191

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 184.06
2016-06-30 369.694 369.694 763.546
2017-06-30 189.403 189.403 4,458.067
2018-06-30 52.322 13.83 38.492 2,645.782
2019-06-30 11.747 11.747 1,928.145
2020-06-30 11,563.315 6,935.837 4,627.478 11,371.736
2021-06-30 8,293.375 6,544.553 1,748.822 13,952.347
2022-06-30 2,145.455 622.233 1,523.222 14,507.265
2023-06-30 3,042.307 1,099.191 1,943.116 11,128.96

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-06-30 4,256.471 4,754.279 106.551 0.4 4,331.242
2016-06-30 2,777.198 4,340.251 531.436 12.161 3,936.393
2017-06-30 624.251 2,051.327 316.053 22.015 47.78 5,142.917
2018-06-30 466.642 1,190.403 257.527 29.264 39.82 6,214.775
2019-06-30 2,172.384 3,397.193 749.189 30.543 0 9,379.698
2020-06-30 11,306.298 24,325.185 11,683.014 2,624.802 3,535.72 20,666.186
2021-06-30 6,756.988 24,600.322 8,765.374 490.266 3,619.151 31,671.048
2022-06-30 4,497.315 18,746.946 7,328.134 352.063 3,714.594 41,254.787
2023-06-30 992.018 10,568.567 6,980.947 405.244 3,822.5 44,189.044

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 208.28 10.64 39.222
2016-06-30 -724.129 -189.99 2,737.976 39.222 2,777.198
2017-06-30 -3,566.436 -1,292.618 -2,152.947 2,777.198 624.251
2018-06-30 -2,238.553 -1,145.505 -157.609 624.251 466.642
2019-06-30 -1,454.431 -1,288.761 1,705.742 466.642 2,172.384
2020-06-30 -6,149.727 -1,077.315 9,133.914 2,172.384 11,306.298 5,342.864
2021-06-30 -10,238.659 -9,041.788 -4,549.31 11,306.298 6,756.988
2022-06-30 -13,710.336 -11,865.116 -2,259.673 6,756.988 4,497.315
2023-06-30 -10,002.733 -4,586.206 -3,505.297 4,497.315 992.018