Harvard Technology is a world leader in the design, development and manufacturing of LED drivers, engines and control products for the lighting industry. For more than 20 years Harvard Technology has been at the forefront of the lighting industry, consistently bringing new, innovative, products to market. The company plans to remain in the vanguard and has undertaken an evolutionary review, resulting in the launch of a new brand that not only represents the company's intentions, but will also allow it to move forward and embrace the opportunities that present themselves in a world of technological advancements, including Smart Cities and the Internet of Things (IoT).
Type
Private
HQ
Normanton, GB
Founded
1993
Size (employees)
113 (est)-2%
Harvard Technology was founded in 1993 and is headquartered in Normanton, GB
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Harvard Technology Office Locations

Harvard Technology has offices in Normanton and San Diego
Normanton, GB (HQ)
Tyler Cl
San Diego, US
330 9171 Towne Centre Dr
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Harvard Technology Financials and Metrics

Summary Metrics

Founding Date

1993

Harvard Technology Financials

Harvard Technology's revenue was reported to be £24.03 m in FY, 2016
GBP

Revenue (FY, 2016)

24 m

Gross profit (FY, 2016)

6 m

Gross profit margin (FY, 2016), %

24.8%

Net income (FY, 2016)

(2.4 m)

EBITDA (FY, 2016)

(787 k)

EBIT (FY, 2016)

(1.7 m)

Cash (31-Oct-2016)

266 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8 m8.7 m8.4 m14.3 m21.5 m26.7 m36.7 m40.8 m30.3 m24 m

Revenue growth, %

11%(26%)

Cost of goods sold

5.5 m6.1 m5.5 m9 m12.7 m16.1 m22.4 m28.9 m22.7 m18.1 m

Gross profit

2.5 m2.7 m2.9 m5.4 m8.7 m10.5 m14.3 m11.9 m7.7 m6 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

285.2 k79.2 k435.5 k1.2 m3.2 m3.7 m4.9 m5.5 m(10.9 m)(2.4 m)

Cash From Operating Activities

280.7 k179.7 k341.4 k1.1 m3.5 m4.2 m4 m3.4 m(6.7 m)

Dividends Paid

313.2 k

Cash From Financing Activities

75.9 k343.8 k(135 k)196 k(67.9 k)(133.6 k)(2.8 m)(763 k)3.7 m
GBPY, 2016

Revenue/Employee

218.4 k

Debt/Equity

0.1 x

Financial Leverage

9.6 x
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