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An announcement from Wooboard Technologies Limited ( (AU:1TT) ) is now available.
Thrive Tribe Technologies Limited reported a financial loss of $3,497,992 for the year ending June 30, 2025, despite an increase in sales revenue. The company rebranded its Kumu platform to MyTribe, shifting its focus to a hybrid model combining wellness content with opportunities for creators and influencers. This strategic move aims to drive growth and engagement. The company also faced challenges with its subsidiary, Daily Food Brand Pty Ltd, which was placed into administration, leading to a reevaluation of its investment approach.
More about Wooboard Technologies Limited
Thrive Tribe Technologies Limited operates in the wellness industry, focusing on the development and commercialization of the MyTribe well-being app and the sale of healthy snacks. The company is engaged in expanding its technology platform and exploring AI-driven enhancements to strengthen user engagement and monetization.
Average Trading Volume: 767,784
Technical Sentiment Signal: Sell
Current Market Cap: A$1.24M
See more insights into 1TT stock on TipRanks’ Stock Analysis page.