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Thrive Tribe Technologies Announces Annual Results and Strategic Review
Company Announcements

Thrive Tribe Technologies Announces Annual Results and Strategic Review

Wooboard Technologies Limited (AU:1TT) has released an update.

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Thrive Tribe Technologies Limited reports a loss of $3.55 million for the fiscal year ending June 30, 2024, with significant activities including the development of SaaS products and the sale of healthy snacks through a subsidiary now in administration. The company has undergone a rebranding of its Sixty platform to Kumu, aimed at health and wellbeing, and is now conducting a strategic review to leverage its software suite across various sectors for enhanced shareholder value. Additionally, Thrive Tribe maintains an equity interest in Slik, a growing client base company, with plans to exit on favorable terms.

For further insights into AU:1TT stock, check out TipRanks’ Stock Analysis page.

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