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THRIVE TRIBE TECHNOLOGIES LIMITED — Interim / Quarterly Report 2026
Feb 26, 2026
64252_rns_2026-02-26_4c2cee87-dd2f-47f1-bdd1-370876321cbe.pdf
Interim / Quarterly Report
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Thrive Tribe Technologies Limited Appendix 4D Half-year report
1. Company details
Name of entity: Thrive Tribe Technologies Limited ABN: 64 600 717 539 Reporting period: For the half-year ended 31 December 2025 Previous period: For the half-year ended 31 December 2024
2. Results for announcement to the market
| $ | |||
|---|---|---|---|
| Revenues from ordinary activities | down | 26.6% to | 49,372 |
| Loss from ordinary activities after tax attributable to the owners of Thrive | |||
| Tribe Technologies Limited | up | 45.4% to | (1,806,105) |
| Loss for the half-year attributable to the owners of Thrive Tribe | |||
| Technologies Limited | up | 45.4% to | (1,806,105) |
Dividends
There were no dividends paid, recommended or declared during the current financial period.
Comments
The loss for the Group after providing for income tax and non-controlling interest amounted to $857,612 (31 December 2024: $1,241,844).
Refer to the 'Review of operations' in the Directors' report for further details.
3. Net tangible assets
| Net tangible assets per ordinary security | Reporting period Cents 0.06 |
Previous period Cents (0.02) |
|---|---|---|
The net tangible assets per ordinary shares has been calculated based on 609,461,443 ordinary shares being on issue.
4. Control gained over entities
Not applicable.
5. Loss of control over entities
Not applicable.
6. Dividends
Current period
There were no dividends paid, recommended or declared during the current financial period.
Previous period
There were no dividends paid, recommended or declared during the previous financial period.
Thrive Tribe Technologies Limited Appendix 4D Half-year report
7. Dividend reinvestment plans
Not applicable.
8. Details of associates and joint venture entities
Not applicable.
9. Foreign entities
Details of origin of accounting standards used in compiling the report:
Not applicable.
10. Audit qualification or review
Details of audit/review dispute or qualification (if any):
The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Report. The review report contains a paragraph addressing a material uncertainty related to going concern.
11. Attachments
Details of attachments (if any):
The Interim Report of Thrive Tribe Technologies Limited for the half-year ended 31 December 2025 is attached.
12. Signed
As authorised by the Board of Directors
Signed _________
Date: 27 February 2026
Joshua Quinn Non-Executive Director and Company Secretary Sydney
Thrive Tribe Technologies Limited ABN 64 600 717 539
Interim Report - 31 December 2025
Thrive Tribe Technologies Limited Directors' report 31 December 2025
The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group' or 'Thrive Tribe') consisting of Thrive Tribe Technologies Limited (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year ended 31 December 2025.
Directors
The following persons were directors of Thrive Tribe Technologies Limited during the whole of the financial half-year and up to the date of this report, unless otherwise stated:
Rumi Guzder -– Non-Executive Chairman Joshua Quinn - Non-Executive Director Wesley Culley - Executive Director
Principal activities
During the financial half-year, the principal continuing activities of the Group consisted of:
-
Development and Commercialization of the MyTribe well being App and sale of healthy snacks; and
-
Development of Thrive Tribe Home Base, a dedicated community and event space designed to act as a physical hub for the Thrive Tribe network.
Review of operations
The loss for the Group after providing for income tax and non-controlling interest amounted to $1,806,105 (31 December 2024: $1,241,844).
Overview of Operations for the Half-Year
During the six months ended 31 December 2025, Thrive Tribe Technologies Limited (“1TT” or “the Company”) focused on strengthening its advisory and performance marketing capability, expanding its client base, advancing the Thrive Tribe Home Base initiative, and diversifying industry exposure.
The half year reflected a deliberate shift toward higher-value strategic mandates, launch-led growth programs, and repeatable performance frameworks, building on operational momentum established in the prior financial year.
MyTribe Consulting Division, integrating with the MyTribe Platform (formerly Kumu)
The MyTribe Consulting division underpinned advisory revenue during the period, with an increased emphasis on complex strategy, media amplification, and pre-launch positioning for clients operating in competitive and regulated environments.
During the December quarter, the Company undertook expanded strategic advisory and amplification work with an international fintech group in advance of a planned United States market launch. Activities included podcast amplification, public relations support, and media strategy designed to drive awareness, credibility, and inbound interest ahead of commercial milestones.
The Company continued to refine its integrated go-to-market model, combining digital performance, content, public relations and physical activation.
During the current financial half-year an impairment of $947,493 has been recognised in relation to software development costs, due to the roll out of the Kumu Well Being App not proceeding.
Client Portfolio Expansion and Diversification
Across the period, the Company expanded its client portfolio within fintech, food and beverage, consumer brands, hospitality, and founder-led businesses.
In the December quarter, 1TT delivered branding, website development, and social media strategy for established consumer businesses seeking digital transformation and performance-oriented growth. These engagements further diversified the Company’s revenue base and reduced reliance on any single industry vertical.
Influencer Network and Platform Expansion
The Company continued to expand its influencer ecosystem during the half year, onboarding creators into its proprietary influencer management software.
1
Thrive Tribe Technologies Limited Directors' report 31 December 2025
These activities support the scaling of influencer-led campaigns under both retainer and performance-based commercial models, while strengthening the Company’s technology-enabled approach to content, media, and performance marketing.
Thrive Tribe Home Base (Physical Real Estate Space)
During the September quarter, the Company commenced development of Thrive Tribe Home Base, a dedicated community and event space designed to act as a physical hub for the Thrive Tribe network.
Home Base is intended to host curated networking events, client showcases, and brand activations, providing a platform for entrepreneurs, business owners, and influencers to connect and collaborate. The initiative reinforces the Company’s strategy of merging digital performance with real-world engagement.
Development of the headquarters continued during the December quarter, including investment in property, plant and equipment initiatives associated with establishing the space.
Investment in Slik (6% Shareholding)
The Company maintained its 6% strategic shareholding in Slik during the half year.
Slik reported 75 recurring enterprise clients and revenues of approximately USD 851,000 for FY2025. The business continued to invest in product development, capitalising approximately USD 719,000 in research and development focused on its upcoming “Performance” product release scheduled for 2026.
During the period, Slik reduced net payable debt and improved aspects of its balance sheet resilience, although growth remains below original expectations. The Company continues to monitor this investment as a strategic holding.
Outlook
Entering the second half of FY2026, the Company remains focused on:
-
Executing high-impact launch and pre-market strategies for domestic and international clients;
-
Scaling performance marketing and lead generation offerings in regulated industries;
-
Expanding and monetising its influencer network through proprietary software;
-
Continuing client diversification across consumer, hospitality, and founder-led businesses; and
-
Progressing the Thrive Tribe headquarters as a strategic asset for launches, partnerships, and community-led growth.
-
● The Board believes the Company is building a more integrated ecosystem that combines digital performance, advisory capability, influencer engagement, and physical activation into a scalable commercial platform.
Significant changes in the state of affairs
On 22 July 2025, the completed a share consolidation on 20 to 1 basis.
On 14 August 2025, the company issued 39,544,447 fully paid ordinary shares valued at $0.00632 per share raising $250,000 before costs. The company also issued 15,237,922 shares on the same day to settle short term loans valued at $96,334.
On 29 August 2025, the company issued 60,197,447 fully paid ordinary shares valued at $0.00415 per share raising $250,000 before costs.
On 15 September 2025, the company issued 195,924,765 fully paid ordinary shares valued at $0.00255 per share raising $500,000 before costs.
On 17 October 2025, the company issued 9,475,500 fully paid ordinary shares valued at $0.003 per share raising $28,411 before costs.
On 12 December 2025, the company issued 187,500,000 fully paid ordinary shares valued at $0.0016 per share raising $300,000 before costs.
There were no other significant changes in the state of affairs of the Group during the financial half-year.
2
Thrive Tribe Technologies Limited Directors' report 31 December 2025
Matters subsequent to the end of the financial half-year
On 28 January 2026, the company issued 200,000,000 fully paid ordinary shares valued at 0.1 cents per shares raising $200,000 before costs.
On 26 February 2026, the company issued 625,000,000 fully paid ordinary shares valued at $.0008 per shares raising $500,000 before costs. In addition the company issued 10,000,000 options with an exercise price of $0.002 expiring in 3 years and 10,000,000 options with an exercise price of $0.005 expiring in 3 years as remuneration for services rendered by the broker.
No other matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years.
Auditor's independence declaration
A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report.
This report is made in accordance with a resolution of directors, pursuant to section 306(3)(a) of the Corporations Act 2001.
On behalf of the directors
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_________ Joshua Quinn
Non-Executive Director and Company Secretary
27 February 2026 Sydney
3
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AUDITOR’S INDEPENDENCE DECLARATION UNDER SECTION 307C OF THE CORPORATIONS ACT 2001
To the directors of Thrive Tribe Technologies Limited:
As lead auditor of Thrive Tribe Technologies Limited for the half-year ended 31 December 2025, I declare that, to the best of my knowledge and belief, there have been:
-
no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and
-
no contraventions of any applicable code of professional conduct in relation to the review.
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In.Corp Audit & Assurance Pty Ltd ABN 14 129 769 151
Level 1 6-10 O’Connell Street SYDNEY NSW 2000
Suite 11, Level 1 4 Ventnor Avenue WEST PERTH WA 6005
GPO BOX 542 SYDNEY NSW 2001
T +61 2 8999 1199 E [email protected] W incorpadvisory.au
This declaration is in relation to Thrive Tribe Technologies Limited and the entities it controlled during the half-year.
In.Corp Audit & Assurance Pty Ltd
==> picture [86 x 42] intentionally omitted <==
Graham Webb Director
Sydney, 27 February 2026
Liability limited by a scheme approved under Professional Standards Legislation
4
Thrive Tribe Technologies Limited Contents 31 December 2025
| Thrive Tribe Technologies Limited Contents 31 December 2025 |
|
|---|---|
| Consolidated statement of profit or loss and other comprehensive income | 6 |
| Consolidated statement of financial position | 8 |
| Consolidated statement of changes in equity | 9 |
| Consolidated statement of cash flows | 10 |
| Notes to the consolidated financial statements | 11 |
| Directors' declaration | 17 |
| Independent auditor's review report to the members of Thrive Tribe Technologies Limited | 18 |
5
Thrive Tribe Technologies Limited Consolidated statement of profit or loss and other comprehensive income For the half-year ended 31 December 2025
| Note Continuing operations Revenue Interest revenue calculated using the effective interest method Other income Gain on derecognition of subsidiary Expenses Employee benefits expense Depreciation and amortisation expense Impairment of intangible assets 5 Advertising and marketing expenses Occupancy expenses Professional and consulting expenses Compliance and share registry expenses Other expenses Finance costs Loss before income tax expense from continuing operations Income tax expense Loss after income tax expense from continuing operations Profit after income tax expense from discontinued operations Loss after income tax expense for the half-year Other comprehensive income for the half-year, net of tax Total comprehensive income for the half-year Loss for the half-year is attributable to: Non-controlling interest Owners of Thrive Tribe Technologies Limited Total comprehensive income for the half-year is attributable to: Continuing operations Discontinued operations Owners of Thrive Tribe Technologies Limited |
Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ 49,369 1,485 3 2,610 - 18,616 - 105,337 (125,690) (278,228) (237,743) (1,857) (948,493) - (24,012) (10,637) (2,535) (2,539) (438,776) (1,023,405) (43,081) (39,042) (35,147) (16,287) - (4,592) (1,806,105) (1,248,539) - - (1,806,105) (1,248,539) - 12,707 (1,806,105) (1,235,832) - - (1,806,105) (1,235,832) - 6,012 (1,806,105) (1,241,844) (1,806,105) (1,235,832) (1,806,105) (1,235,832) - - (1,806,105) (1,235,832) (1,806,105) (1,235,832) |
Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ 49,369 1,485 3 2,610 - 18,616 - 105,337 (125,690) (278,228) (237,743) (1,857) (948,493) - (24,012) (10,637) (2,535) (2,539) (438,776) (1,023,405) (43,081) (39,042) (35,147) (16,287) - (4,592) (1,806,105) (1,248,539) - - (1,806,105) (1,248,539) - 12,707 (1,806,105) (1,235,832) - - (1,806,105) (1,235,832) - 6,012 (1,806,105) (1,241,844) (1,806,105) (1,235,832) (1,806,105) (1,235,832) - - (1,806,105) (1,235,832) (1,806,105) (1,235,832) |
|---|---|---|
| (1,806,105) - |
(1,248,539) - |
|
| (1,806,105) - |
(1,248,539) 12,707 |
|
| (1,806,105) - |
(1,235,832) - |
|
| (1,806,105) | (1,235,832) | |
| - (1,806,105) |
6,012 (1,241,844) |
|
| (1,806,105) | (1,235,832) | |
| (1,806,105) - |
(1,235,832) - |
|
| (1,806,105) | (1,235,832) | |
| (1,806,105) | (1,235,832) |
The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes
6
Thrive Tribe Technologies Limited Consolidated statement of profit or loss and other comprehensive income For the half-year ended 31 December 2025
| Thrive Tribe Technologies Limited Consolidated statement of profit or loss and other comprehensive income For the half-year ended 31 December 2025 |
|||
|---|---|---|---|
| Cents | Cents | ||
| Earnings per share for loss from continuing operations attributable to the | |||
| owners of Thrive Tribe Technologies Limited | |||
| Basic earnings per share | 11 | (0.60) | (3.87) |
| Diluted earnings per share | 11 | (0.60) | (3.87) |
| Earnings per share for profit from discontinued operations attributable to the | |||
| owners of Thrive Tribe Technologies Limited | |||
| Basic earnings per share | 11 | - | 0.04 |
| Diluted earnings per share | 11 | - | 0.04 |
| Earnings per share for loss attributable to the owners of Thrive Tribe | |||
| Technologies Limited | |||
| Basic earnings per share | 11 | (0.60) | (3.85) |
| Diluted earnings per share | 11 | (0.60) | (3.85) |
The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes
7
Thrive Tribe Technologies Limited Consolidated statement of financial position As at 31 December 2025
| Note Assets Current assets Cash and cash equivalents Trade and other receivables 4 Other assets Total current assets Non-current assets Financial assets at fair value through profit or loss Plant and equipment Intangibles 5 Other assets Total non-current assets Total assets Liabilities Current liabilities Trade and other payables 6 Borrowings 7 Employee benefits Total current liabilities Total liabilities Net assets Equity Issued capital 8 Reserves Accumulated losses Total equity |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 100,936 139,258 105,604 17,903 7,950 9,557 214,490 166,718 100 100 3,765 4,384 - 1,185,617 804,207 - 808,072 1,190,101 1,022,562 1,356,819 617,192 392,801 33,666 150,000 8,829 3,784 659,687 546,585 659,687 546,585 362,875 810,234 32,977,659 31,618,913 226,273 246,273 (32,841,057) (31,054,952) 362,875 810,234 |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 100,936 139,258 105,604 17,903 7,950 9,557 214,490 166,718 100 100 3,765 4,384 - 1,185,617 804,207 - 808,072 1,190,101 1,022,562 1,356,819 617,192 392,801 33,666 150,000 8,829 3,784 659,687 546,585 659,687 546,585 362,875 810,234 32,977,659 31,618,913 226,273 246,273 (32,841,057) (31,054,952) 362,875 810,234 |
|---|---|---|
| 214,490 | 166,718 |
|
| 100 3,765 - 804,207 |
100 4,384 1,185,617 - |
|
| 808,072 | 1,190,101 |
|
| 1,022,562 | 1,356,819 |
|
| 617,192 33,666 8,829 |
392,801 150,000 3,784 |
|
| 659,687 | 546,585 |
|
| 659,687 | 546,585 |
|
| 362,875 | 810,234 |
|
| 32,977,659 226,273 (32,841,057) |
31,618,913 246,273 (31,054,952) |
|
| 362,875 | 810,234 |
The above consolidated statement of financial position should be read in conjunction with the accompanying notes
8
Thrive Tribe Technologies Limited Consolidated statement of changes in equity For the half-year ended 31 December 2025
| Issued capital Consolidated $ Balance at 1 July 2024 29,629,777 Profit/(loss) after income tax expense for the half-year - Other comprehensive income for the half-year, net of tax - Total comprehensive income/(loss) for the half- year - Transfer on derecognition of subsidiary - Transfer from convertible note reserve to accumulated losses on expiry of convertible notes - Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs 1,055,129 Share-based payments - Balance at 31 December 2024 30,684,906 Consolidated Balance at 1 July 2025 Loss after income tax expense for the half-year Other comprehensive income for the half-year, net of tax Total comprehensive income for the half-year Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs (note 8) Transfer of expired options to accumulated losses Balance at 31 December 2025 |
Issued capital $ 29,629,777 - - |
Reserves $ 490,924 - - |
Accumulated losses $ (27,587,206) (1,241,844) - |
Non- controlling interest $ (240,766) 6,012 - |
Total equity $ 2,292,729 (1,235,832) - |
|---|---|---|---|---|---|
| - - - 1,055,129 - |
- - (25,000) - 20,349 |
(1,241,844) (234,754) 25,000 - - |
6,012 234,754 - - - |
(1,235,832) - - 1,055,129 20,349 |
|
| 30,684,906 | 486,273 | (29,038,804) | - | 2,132,375 | |
| Issued capital $ 31,618,913 - - |
Reserves $ 246,273 - - |
Accumulated losses $ (31,054,952) (1,806,105) - |
Total equity $ 810,234 (1,806,105) - |
||
| - 1,358,746 - |
- - (20,000) |
(1,806,105) - 20,000 |
(1,806,105) 1,358,746 - |
||
| 32,977,659 | 226,273 | (32,841,057) | 362,875 |
The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes
9
Thrive Tribe Technologies Limited Consolidated statement of cash flows For the half-year ended 31 December 2025
| Note Cash flows from operating activities Receipts from customers (inclusive of GST) Payments to suppliers and employees (inclusive of GST) Government grants received Interest received Other revenue Interest and other finance costs paid Net cash used in operating activities Cash flows from investing activities Payments for development expenditure Payments for other non-current assets Net cash used in investing activities Cash flows from financing activities Proceeds from issue of shares 8 Share issue transaction costs 8 Proceeds from borrowings Repayment of borrowings Net cash from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the financial half-year Cash and cash equivalents at the end of the financial half-year |
Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ 48,419 63,598 (733,796) (1,813,945) (685,377) (1,750,347) - 1,506,365 3 2,610 - 15,208 - (4,592) (685,374) (230,756) - (184,925) (595,360) - (595,360) (184,925) 1,328,411 1,168,861 (65,999) (93,383) 30,000 150,000 (50,000) (300,000) 1,242,412 925,478 (38,322) 509,797 139,258 156,315 100,936 666,112 |
Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ 48,419 63,598 (733,796) (1,813,945) (685,377) (1,750,347) - 1,506,365 3 2,610 - 15,208 - (4,592) (685,374) (230,756) - (184,925) (595,360) - (595,360) (184,925) 1,328,411 1,168,861 (65,999) (93,383) 30,000 150,000 (50,000) (300,000) 1,242,412 925,478 (38,322) 509,797 139,258 156,315 100,936 666,112 |
|---|---|---|
| (685,377) - 3 - - |
(1,750,347) 1,506,365 2,610 15,208 (4,592) |
|
| (685,374) | (230,756) | |
| - (595,360) |
(184,925) - |
|
| (595,360) | (184,925) | |
| 1,328,411 (65,999) 30,000 (50,000) |
1,168,861 (93,383) 150,000 (300,000) |
|
| 1,242,412 | 925,478 |
|
| (38,322) 139,258 |
509,797 156,315 |
|
| 100,936 | 666,112 |
The above consolidated statement of cash flows should be read in conjunction with the accompanying notes
10
Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 1. General information
The financial statements cover Thrive Tribe Technologies Limited as a Group consisting of Thrive Tribe Technologies Limited and the entities it controlled at the end of, or during, the half-year. The financial statements are presented in Australian dollars, which is Thrive Tribe Technologies Limited's functional and presentation currency.
Thrive Tribe Technologies Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is:
MLC Centre Level 57 19-29 Martin Place Sydney NSW 2000 Australia
A description of the nature of the Group's operations and its principal activities are included in the directors' report, which is not part of the financial statements.
The financial statements were authorised for issue, in accordance with a resolution of directors, on 27 February 2026.
Note 2. Material accounting policy information
These general purpose financial statements for the interim half-year reporting period ended 31 December 2025 have been prepared in accordance with Australian Accounting Standard AASB 134 'Interim Financial Reporting' and the Corporations Act 2001, as appropriate for for-profit oriented entities. Compliance with AASB 134 ensures compliance with International Financial Reporting Standard IAS 34 'Interim Financial Reporting'.
These general purpose financial statements do not include all the notes of the type normally included in annual financial statements. Accordingly, these financial statements are to be read in conjunction with the annual report for the year ended 30 June 2025 and any public announcements made by the Company during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001.
The accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, except for the policies stated below.
New or amended Accounting Standards and Interpretations adopted
The Group has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. The adoption of these Accounting Standards and Interpretations did not have any significant impact on the financial performance or position of the Group.
Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.
Going concern
The financial statements have been prepared on a going concern basis.
During the half-year ended 31 December 2025, the Group incurred a loss of $1,806,105 (31 December 2024: loss of $1,235,832). The cash outflow from operating activities was $685,374 (31 December 2024: $230,756). As at 31 December 2025, the Group has cash reserves of $100,936 (30 June 2025: $139,258) and net asset current deficiency of $445,197 (30 June 2025: $379,867).
The Group’s ability to continue as a going concern is dependent upon the generation of cash from operations and the sufficiency of current cash reserves to meet existing obligations. The Directors believe current cash reserves are sufficient for the Group to be able to pay its debts as and when they fall due for a period of at least 12 months from the date of these financial statements.
11
Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 2. Material accounting policy information (continued)
Notwithstanding the above, the Directors believe that the Group will continue as a going concern after consideration of the below:
-
The Group continues to retain corporate advisors Clee Capital Pty Ltd (Clee Capital) who have funded the Company in an ongoing and reliable capacity for the past 5 years. Clee Capital and their high net worth investors have advised the Company they will continue to support the Company's ongoing capital requirements and will raise capital for the Company as and when required on prevailing commercial terms at the appropriate time;
-
The loss for the half-year includes a one off non-cash impairment expense of $948,493 relating to software development costs on the Kumu Well Being App, refer to note 5;
-
On 28 January 2026, the company issued 200,000,000 fully paid ordinary shares valued at 0.1 cents per shares raising $200,000 before costs; and
-
On 26 February 2026, the company issued 625,000,000 fully paid ordinary shares valued at $.0008 per shares raising $500,000 before costs.
If the Group is not successful in securing additional funds, there is a material uncertainty that may cast significant doubt whether the Group will continue as a going concern and therefore the Group may be unable to realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report.
The financial statements do not contain any adjustments relating to the recoverability and classification of recorded assets or liabilities that might be necessary should the Group not able to continue as a going concern.
Note 3. Operating segments
Identification of reportable operating segments
The Group is organised into two operating segments: Thrive Tribe Technologies and Thrive Entertainment. These operating segments are based on the internal reports that are reviewed and used by the Board of Directors (who are identified as the Chief Operating Decision Makers ('CODM')) in assessing performance and in determining the allocation of resources. There is no aggregation of operating segments.
The CODM reviews adjusted EBITDA (earnings before interest, tax, depreciation and amortisation adjusted for impairment of assets). The accounting policies adopted for internal reporting to the CODM are consistent with those adopted in the financial statements.
Types of products and services
The principal products and services of each of these operating segments are as follows:
Thrive Tribe Product development and investment operations including short term share trades. Technologies Thrive Entertainment Thrive Tribe Home Base, a dedicated community and event space designed to act as a physical hub for the Thrive Tribe network.
12
Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 3. Operating segments (continued)
Operating segment information
| Consolidated - 6 months to 31 Dec 2025 Revenue Sales to external customers Total revenue Adjusted EBITDA Depreciation and amortisation Impairment of assets Interest revenue Finance costs Loss before income tax expense Income tax expense Loss after income tax expense Assets Segment assets Total assets Liabilities Segment liabilities Total liabilities |
Thrive Tribe Technologies $ 49,372 |
Thrive Entertainment $ - |
Total $ 49,372 |
|---|---|---|---|
| 49,372 | - | 49,372 | |
| (614,054) | (5,818) | (619,872) (237,743) (948,493) 3 - |
|
| 218,355 | 804,207 | ||
| (1,806,105) - |
|||
| (1,806,105) | |||
| 1,022,562 | |||
| 434,124 | 225,563 | 1,022,562 | |
| 659,687 | |||
| 659,687 |
All assets and liabilities, including taxes are not allocated to the operating segments as they are managed on an overall group basis.
Note 4. Current assets - trade and other receivables
| Trade receivables GST receivable |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 4,950 4,000 100,654 13,903 105,604 17,903 |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 4,950 4,000 100,654 13,903 105,604 17,903 |
|---|---|---|
| 105,604 | 17,903 |
Note 5. Non-current assets - intangibles
| Software development - at cost Less: Accumulated amortisation Less: Impairment |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 1,554,005 1,422,740 (605,512) (237,123) (948,493) - - 1,185,617 |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 1,554,005 1,422,740 (605,512) (237,123) (948,493) - - 1,185,617 |
|---|---|---|
| - | 1,185,617 |
13
Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 5. Non-current assets - intangibles (continued)
| Note 5. Non-current assets - intangibles (continued) |
|
|---|---|
| Consolidated Balance at 1 July 2025 Impairment of assets * Amortisation expense Balance at 31 December 2025 |
Software development $ 1,185,617 (948,493) (237,124) |
| - |
- During the current financial half-year the software development costs have been impaired in full due to the roll out of the Kumu Well Being App not proceeding.
Note 6. Current liabilities - trade and other payables
| Note 6. Current liabilities - trade and other payables |
||
|---|---|---|
| Trade payables Other payables and accrued expenses |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 322,997 89,113 294,195 303,688 617,192 392,801 |
|
| 617,192 | 392,801 |
Accrued expenses balance includes the estimated settlement of a claim brought by the former CEO.
Note 7. Current liabilities - borrowings
| Note 7. Current liabilities - borrowings |
|||||
|---|---|---|---|---|---|
| Loans - short term Note 8. Equity - issued capital 31 Dec 2025 Shares Ordinary shares - fully paid 609,461,443 Details Date Balance 1 July 2025 Share consolidation (20 to 1 basis) 22 July 2025 Issue of shares 14 August 2025 Issue of shares - to settle short terms loans 14 August 2025 Issue of shares 29 August 2025 Issue of shares 15 September 2025 Issue of shares 17 October 2025 Issues of shares 12 December 2025 Share issue transaction costs Balance 31 December 2025 |
31 Dec 2025 Shares 609,461,443 |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 33,666 150,000 Consolidated 30 Jun 2025 31 Dec 2025 30 Jun 2025 Shares $ $ 2,031,723,038 32,977,659 31,618,913 |
Consolidated 31 Dec 2025 30 Jun 2025 $ $ 33,666 150,000 |
||
| 30 Jun 2025 $ 31,618,913 |
|||||
| Shares 2,031,723,038 (1,930,136,676) 39,544,447 $0.00632 15,237,922 $0.00632 60,197,447 $0.00415 195,924,765 $0.00255 9,470,500 $0.00300 187,500,000 $0.00160 - 609,461,443 |
$ 31,618,913 - 250,000 96,334 250,000 500,000 28,411 300,000 (65,999) 32,977,659 |
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Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 9. Equity - dividends
There were no dividends paid, recommended or declared during the current or previous financial half-year.
Note 10. Related party transactions
Parent entity
Thrive Tribe Technologies Limited is the parent entity.
Transactions with related parties
The following transactions occurred with related parties:
| Transactions with related parties The following transactions occurred with related parties: |
||
|---|---|---|
| Consolidated | ||
| 6 months to | 6 months to | |
| 31 Dec 2025 | 31 Dec 2024 | |
| $ | $ | |
| Payment for other expenses: | ||
| Accountancy fees paid to related entity of J. Quinn, a director of the Group | 13,000 | 47,000 |
Receivable from and payable to related parties |
||
| There were no payables or receivables to or from related parties at the current and previous reporting date. |
Loans to/from related parties
There were no loans to or from related parties at the current and previous reporting date.
Terms and conditions
All transactions were made on normal commercial terms and conditions and at market rates.
Note 11. Earnings per share
| Note 11. Earnings per share |
||
|---|---|---|
| Earnings per share for loss from continuing operations Loss after income tax attributable to the owners of Thrive Tribe Technologies Limited Weighted average number of ordinary shares used in calculating basic earnings per share Weighted average number of ordinary shares used in calculating diluted earnings per share Basic earnings per share Diluted earnings per share Earnings per share for profit from discontinued operations Profit after income tax attributable to the owners of Thrive Tribe Technologies Limited |
Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ (1,806,105) (1,248,539) |
|
| Number 299,162,924 |
Number 32,274,124 |
|
| 299,162,924 | 32,274,124 | |
| Cents Cents (0.60) (3.87) (0.60) (3.87) Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ - 12,707 |
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Thrive Tribe Technologies Limited Notes to the consolidated financial statements 31 December 2025
Note 11. Earnings per share (continued)
| Weighted average number of ordinary shares used in calculating basic earnings per share Weighted average number of ordinary shares used in calculating diluted earnings per share Basic earnings per share Diluted earnings per share Earnings per share for loss Loss after income tax Non-controlling interest Loss after income tax attributable to the owners of Thrive Tribe Technologies Limited Weighted average number of ordinary shares used in calculating basic earnings per share Weighted average number of ordinary shares used in calculating diluted earnings per share Basic earnings per share Diluted earnings per share |
Number 299,162,924 |
Number 32,274,124 |
|---|---|---|
| 299,162,924 | 32,274,124 | |
| Cents Cents - 0.04 - 0.04 Consolidated 6 months to 31 Dec 2025 6 months to 31 Dec 2024 $ $ (1,806,105) (1,235,832) - (6,012) (1,806,105) (1,241,844) |
||
| (1,806,105) | (1,241,844) | |
| Number 299,162,924 |
Number 32,274,124 |
|
| 299,162,924 | 32,274,124 | |
| Cents (0.60) (0.60) |
Cents (3.85) (3.85) |
Earnings per share has been calculated on a post consolidation basis both the current and comparative period. For the purpose calculating the diluted earnings per share, options and convertible notes have been excluded as the effect would be anti-dilutive. A share consolidation was completed on 22 July 2025, the above has been calculated on a post-consolidation basis.
Note 12. Events after the reporting period
On 28 January 2026, the company issued 200,000,000 fully paid ordinary shares valued at 0.1 cents per shares raising $200,000 before costs.
On 26 February 2026, the company issued 625,000,000 fully paid ordinary shares valued at $.0008 per shares raising $500,000 before costs. In addition the company issued 10,000,000 options with an exercise price of $0.002 expiring in 3 years and 10,000,000 options with an exercise price of $0.005 expiring in 3 years as remuneration for services rendered by the broker.
No other matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years.
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Thrive Tribe Technologies Limited Directors' declaration 31 December 2025
In the directors' opinion:
-
the attached financial statements and notes comply with the Corporations Act 2001, Australian Accounting Standard AASB 134 'Interim Financial Reporting', the Corporations Regulations 2001 and other mandatory professional reporting requirements;
-
the attached financial statements and notes give a true and fair view of the Group's financial position as at 31 December 2025 and of its performance for the financial half-year ended on that date; and
-
there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.
Signed in accordance with a resolution of directors made pursuant to section 303(5)(a) of the Corporations Act 2001.
On behalf of the directors
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_________ Joshua Quinn
Non-Executive Director and Company Secretary
27 February 2026 Sydney
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THRIVE TRIBE TECHNOLOGIES LIMITED
INDEPENDENT AUDITOR’S REVIEW REPORT
To the members of Thrive Tribe Technologies Limited
Conclusion
We have reviewed the accompanying half-year financial report of Thrive Tribe Technologies Limited (“the Company”) and the entities it controlled (“the Group”), which comprises the consolidated statement of financial position as at 31 December 2025, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in equity and consolidated statement of cash flows for the half-year ended on that date, notes comprising material accounting policy information, other explanatory information, and the directors’ declaration.
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In.Corp Audit & Assurance Pty Ltd ABN 14 129 769 151
Level 1 6-10 O’Connell Street SYDNEY NSW 2000
Suite 11, Level 1 4 Ventnor Avenue WEST PERTH WA 6005
GPO BOX 542 SYDNEY NSW 2001
T +61 2 8999 1199 E [email protected] W incorpadvisory.au
Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the half-year financial report of the Group is not in accordance with the Corporations Act 2001 including:
-
i. giving a true and fair view of the Group’s financial position as at 31 December 2025 and of its performance for the half-year ended on that date; and
-
ii. complying with Accounting Standard AASB 134 Interim Financial Reporting and Corporations Regulations 2001.
Basis for Conclusion
We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity . Our responsibilities are further described in the Auditor’s Responsibilities for the Review of the Financial Report section of our report.
We are independent of the Group in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (“the Code”) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.
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Liability limited by a scheme approved under Professional Standards Legislation
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THRIVE TRIBE TECHNOLOGIES LIMITED
INDEPENDENT AUDITOR’S REVIEW REPORT (continued)
Material Uncertainty Related to Going Concern
We draw attention to Note 2 in the financial report, which indicates that the Group incurred a net loss of $1,806,105 during the half-year ended 31 December 2025, and as of that date, the Group’s current liabilities exceeded its current assets by $445,197. As stated in Note 2, these events or conditions along with other matters as set forth in Note 2 indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern and therefore the Group may be unable to realise its assets and discharge its liabilities in the normal course of business. Our conclusion is not modified in respect of this matter.
Responsibilities of the Directors for the Financial Report
The directors of the Company are responsible for the preparation and fair presentation of the half-year financial report in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the half-year financial report that is free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility for the Review of the Financial Report
Our responsibility is to express a conclusion on the half-year financial report based on our review. ASRE 2410 requires us to conclude whether we have become aware of any matter that makes us believe that the half-year financial report is not in accordance with the Corporations Act 2001 including giving a true and fair view of the Group’s financial position as at 31 December 2025 and its performance for the half-year ended on that date and complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001 .
A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
In.Corp Audit & Assurance Pty Ltd
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Graham Webb Director
Sydney, 27 February 2026
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