Harris Technology Group Limited reported consolidated audited earnings results for the first half year ended December 31, 2017. For the period, the company reported loss before tax of AUD 1,072,160 and loss from continuing operations of AUD 1,072,160 or 0.77 cents per basic and diluted share on revenue of AUD 22,848,229 against loss before tax of AUD 2,911,000 and loss from continuing operations of AUD 2,911,000 or 2.40 cents per basic and diluted share on revenue of AUD 25,652,846 reported for the same period a year ago. Net cash used in operating activities of AUD 1,072,579 against AUD 2,251,712 reported a year ago. Payments for property, plant and equipment were AUD 3,000 against AUD 64,553 reported a year ago.

Due to the Group's first half 2018 results performing, the Board considers it unlikely that the Group will achieve a positive EBITDA result for the full financial year, as previously forecasted.