Thrive Tribe Technologies Faces Increased Losses
Company Announcements

Thrive Tribe Technologies Faces Increased Losses

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

Thrive Tribe Technologies Limited reported a decrease in revenue by 14% and a significant increase in losses, up 148.3% to $3,556,733, for the fiscal year ended June 30, 2024. The company experienced no dividend payouts and noted a material uncertainty regarding going concern in its unaudited preliminary final report. Additionally, the investment in Daily Food Brand Pty Ltd was marked as a discontinued operation.

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

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