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Thrive Tribe Technologies Faces Revenue Decline and Increased Losses in Half-Year Report

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Thrive Tribe Technologies Faces Revenue Decline and Increased Losses in Half-Year Report

The latest announcement is out from Wooboard Technologies Limited ( (AU:1TT) ).

Thrive Tribe Technologies Limited reported a significant decrease in revenue, down 61.3% to $65,779, and an increase in net loss by 11.2% to $1,241,844 for the half-year ended December 31, 2024. The company did not declare any dividends during this period, and its net tangible assets per ordinary security improved slightly to 0.04 cents. Additionally, the company lost control over Daily Food Brand Pty Ltd, which was placed into liquidation, contributing a minor profit before its control was lost.

More about Wooboard Technologies Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.06M

For an in-depth examination of 1TT stock, go to TipRanks’ Stock Analysis page.

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