1.09
-1.80%
Close of 9 Nov 2026, in AUD
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About Hitech Group Australia
Its shares trade on ASX under the ticker HIT.AX. It has been listed since 17 April 2000. In the fiscal year to 30 June 2026, it reported revenue of A$65.6m and net income of A$4.1m. At that date it held total assets of A$18.1m and shareholders' equity of A$11.7m.
Hitech Group Australia Ltd. provides recruitment services for permanent and contract staff to the ICT sector. The company is headquartered in Sydney, New South Wales. The company went IPO on 2000-04-17. HiTech Personnel is a division of the Company. The firm specializes in ICT, office support, finance and sales and marketing contract, and permanent recruitment and consulting. In the ICT sector, the Company provides resources for Executive Management, Project Management, E-commerce/Internet, Computer Operations, System Administrators, Conversion Specialists, Internet/Intranet Specialists and Microsoft Certified Specialists, among others. In the finance sector, the Company provides resources for Administrators, Executive Managers, Accountants, Auditors, Accounts Payable/Receivable and Business Services Consultants, among others. In the legal sector, it provides resources for Office Managers/Office Support, Help Desk Support Staff/Customer Service Representatives, Administrative Assistants and Clerical Assistants.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Professional Services
- Listed since
- 17 Apr 2000
- Employees
- 54
- Website
- hitechaust.com ↗
Leadership
Pay as last reported
- Mr. Raymond HazouriChairman of the Board, Founder, Company Secretary, since 2016A$307,785
- Mr. Elias HazouriChief Executive Officer, Executive Director, Company Secretary, since 2013A$896,135
- Mr. George ShadNon-Executive DirectorA$10,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established Presence: Hitech Group Australia Ltd has built a strong reputation and brand recognition in the Australian market, providing a solid foundation for growth and customer trust.
- Diverse Product Range: The company offers a wide range of products, catering to various industries and customer needs. This diversification helps mitigate risks associated with dependence on a single product or market.
- Strong Distribution Network: Hitech Group has an extensive distribution network, allowing them to efficiently reach customers across different regions and maximize market penetration.
Weaknesses
- Limited Global Presence: Despite its success in the Australian market, Hitech Group has limited international presence, which may hinder opportunities for expansion and potential market share growth in other regions.
- Reliance on Suppliers: The company heavily relies on external suppliers for the components used in its products. This reliance may pose challenges in terms of quality control, supply chain disruptions, and pricing issues.
- Competitive Pricing Pressure: Due to intense competition, Hitech Group may face pressure to keep prices competitive, potentially impacting profit margins and financial performance.
Opportunities
- Technological Advancements: The ongoing advancements in technology present opportunities for Hitech Group to develop innovative products and solutions, keeping up with market demands and gaining a competitive edge.
- Expansion into New Markets: Expanding into new geographical markets, both domestically and internationally, can provide growth opportunities and increase the company's customer base.
- Growing Demand for Sustainable Solutions: With the increasing focus on sustainability, Hitech Group can seize opportunities by developing eco-friendly products and services that cater to the growing demand for sustainable solutions.
Threats
- Economic Uncertainty: Fluctuations in the global economy and macroeconomic factors can pose risks to Hitech Group's business operations, affecting consumer spending and demand for its products.
- Intense Competition: The industry in which Hitech Group operates is highly competitive, with numerous local and international players. The company may face challenges in differentiating its offerings and maintaining market share.
- Rapid Technological Changes: The fast-paced nature of technological advancements can pose threats if Hitech Group fails to keep up with industry trends and invest in research and development, potentially leading to product obsolescence.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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