Thrive Tribe Narrows Group Loss but Faces Going-Concern Uncertainty

Wooboard Technologies Limited ( (AU:1TT) ) has shared an announcement.

Thrive Tribe Technologies Limited reported a 26.6% decline in revenue from ordinary activities to $49,372 for the half-year ended 31 December 2025, while its loss from ordinary activities after tax attributable to owners widened by 45.4% to $1,806,105. Despite this, the group-level loss after tax and non-controlling interests narrowed to $857,612 compared with $1,241,844 a year earlier, and no dividends were declared for either the current or prior period.

Net tangible assets per ordinary share improved to 0.06 cents from negative 0.02 cents, based on 609,461,443 shares on issue, suggesting a modest strengthening of the balance sheet despite continuing operating losses. The interim financial statements were reviewed by auditors, who highlighted a material uncertainty related to the company’s ability to continue as a going concern, underscoring ongoing financial pressure and risk for shareholders.

The most recent analyst rating on (AU:1TT) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Wooboard Technologies Limited stock, see the AU:1TT Stock Forecast page.

More about Wooboard Technologies Limited

Thrive Tribe Technologies Limited operates in the technology sector, though the release provides limited detail on its specific products or services. The company is listed and reports to shareholders via periodic financial statements, indicating a focus on growth-stage operations rather than income distribution, as evidenced by its ongoing losses and absence of dividends.

Technical Sentiment Signal: Sell

Current Market Cap: A$809.5K

See more data about 1TT stock on TipRanks’ Stock Analysis page.