HTG harvest technology group ltd

ACTIVITIES REPORT – SEPTEMBER QUARTER 2021HIGHLIGHTS:•...

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    ACTIVITIES REPORT – SEPTEMBER QUARTER 2021

    HIGHLIGHTS:

    • Relocation of Group to purpose-designed central innovation hub at Technology Park WA
    • Appointment of Non-Executive Director Stuart Carmichael to the Company’s Board of Directors
    • Redelivery of VOS Shine to Singapore at completion of two-year charter
    • Group joins forces with Innovation Central Perth to tackle the extension of global connectivity
    • Launch of U.S. based Opsivity Inc. and rebranding of SnapSupport products
    • Final conditions met to transition Group from Phase 1 to Phase 2 of its Three-Phase Strategic
    Plan
    • End of quarter cash balances of $4.001M

    October 27, 2021: Harvest Technology Group Limited (ASX:HTG) (Company) (Group) (HTG), a global leader
    in network optimised remote operations, is pleased to provide its quarterly activities report and commentary
    for the September quarter 2021.
    The Group reports closing cash balances for the quarter of $4.001M. The cashflow from operating activities
    contained in the Appendix 4C highlights continued investment in research and development, people and
    systems, as well as continued investment in customer development and global relationships.
    At the end of the quarter, $4.908M in revenue was either owing or yet to be invoiced
 
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