Latest Refurbished Technology Market News

Harris Technology’s refurbished tech division surpassed $1 million in monthly sales for the first time in July 2026, nearly doubling year-on-year revenue and becoming the company’s main earnings driver.

Harris Technology (ASX: HT8) reported a 29% sales increase for FY26, driven by its refurbished technology division now contributing 58% of revenue and delivering higher margins. The company also secured a strategic equity conversion from FSP Technology, reinforcing its growth trajectory.

Taiwanese tech manufacturer FSP Technology has converted its redeemable shares into 44.87 million ordinary shares in Harris Technology, deepening its strategic partnership as Harris expands in Australia's refurbished tech market.

Harris Technology Group Limited reported a solid start to FY26 with $3.8 million in sales and breakeven operating cash flow, propelled by strong growth in its refurbished technology division.

Harris Technology Group reported steady Q3 FY25 sales of $3.3 million alongside a modest operating cash outflow, while successfully raising $1.5 million to fuel expansion in refurbished electronics.