Harris Technology Group: Achieves record quarterly sales

Harris Technology Group Achieves record quarterly sales

• Harris Technology Group (HT8) achieved a record $15.1 million in quarterly sales in the September quarter — a 54 per cent year-on-year increase
• The online retailer’s products sold well through marketplace channels such as Amazon AU where it maintained 100 per cent positive customer reviews over the past 12 months
• Expenditure included around $14.41 million on product and manufacturing costs, while HT8 closed September cashflow positive
• Harris TechnologyGroup ended the period with $3.5 million in cash
• Company shares are 6.38 per cent in the green to close at 12.5 cents each