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How Harris Technology’s Refurbished Tech Division Is Driving Margin Growth
8:30am on Tuesday 22nd of July, 2025 AEST
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Retail
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How Harris Technology’s Refurbished Tech Division Is Driving Margin Growth
8:30am on Tuesday 22nd of July, 2025 AEST
Key Points
Q4 FY25 sales reached $3.2 million with a slight operating cash outflow
FY25 sales declined 18.6% to $13.6 million due to phasing out low-margin products
Gross margin improved significantly to 35.8% from 29% in FY24
Refurbished tech division surpassed $1 million in sales for two consecutive quarters
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