Just 12 months after launching their refurbished tech division, eCommerce company Harris Technology (ASX: HT8) is set to consolidate its position as a leading seller of refurbished tech products in Australia by expanding into new product categories. The expansion opportunity comes after Harris Technology caught the attention of Taiwanese tech giant FSP Technology Inc which
Read More
One of the world’s largest manufacturers of power supply units has identified an investment opportunity in Australia through a $1.5 million investment made in eCommerce company Harris Technology (ASX: HT8) at a substantial premium to their share price. The investment by FSP Technology was completed through a private Placement at an issue price of 2
Read More
While most retailers in Australia have been reeling over the past 12 months as macroeconomic pressure has seen consumer spending plummet, tech retailer Harris Technology (ASX: HT8) is on the verge of a major turnaround that has seen a 56% improvement in its results. For the Half Year ended 31 December 2024, Harris Technology reported
Read More
Amid a challenging retail landscape that has seen the collapse of major players like Catch, Harris Technology (ASX: HT8) has been treading water with its retail tech business but unearthed a rapidly firing refurbished tech business that is poised to breakout in 2025. For the December 2024 quarter, Harris Technology reported sales revenue of $3.6
Read More
Online tech retailer Harris Technology Group (ASX: HT8) is rapidly gathering momentum through their refurbished tech product sales, generating $1 million in sales over the past three months which was twice as fast as the previous $1 million which took seven months. The surge highlights a growing consumer preference for affordable, quality tech products amidst
Read More
Online retailer Harris Technology (ASX: HT8) has seen a significant improvement in earnings after repositioning its business strategy to counter the adverse effects of declining discretionary spending. The Company’s strategic shift, aimed at navigating a difficult economic climate where Australian households have pulled back on spending, has helped boost margins and earnings despite a reduction
Read More