Harvest Technology Group Limited has announced significant progress on its three-year strategy aimed at achieving sustainable profitability. The company is now one year ahead of its planned timeline, forecasting more than a 50% reduction in EBITDA loss for FY25 compared to FY24. This accelerated improvement comes as a result of streamlining operations, optimizing margins, and lowering operational expenses. In addition to its profitability milestone, the company is broadening its technology portfolio with the upcoming launch of NEON in the first half of FY26. This new product, an Edge AI-enabled solution offering robust edge compute capabilities along with video and audio recording and playback, builds on its established technology in ultra-low bandwidth livestreaming and remote operational control. The company is also enhancing its go-to-market strategy through recurring software licensing, bundled solution offerings, and an enhanced sales model targeting sectors such as marine, defence, and industrial markets. Harvest Technology Group has also taken steps to strengthen its global market presence. Dual listing on the Frankfurt Stock Exchange opens up additional avenues to European capital markets while supporting broader investor outreach, including roadshows in Asia Pacific and Europe. The company’s improved operational scalability is aligned with global megatrends in energy and defence, with further opportunities arising from its growing pipeline and interest from global defence integrators. Bullish sentiment stems from the company’s accelerated path toward profitability, significant cost reductions, and innovative product pipeline that positions it strongly for future revenue growth. Enhanced recurring revenue from software subscriptions and bundled offerings, along with strategic expansion into new markets, add to the positive outlook. On the other hand, bearish concerns include the inherent risks of an early-stage company still transitioning to positive cash flow, potential delays or cost overruns in rolling out new products, and uncertainties around the execution of its ambitious growth strategies.