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Why Did Thrive Tribe Impair Nearly $1 Million and What’s Next?

12:22pm on Friday 27th of February, 2026 AEDT Technology
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Why Did Thrive Tribe Impair Nearly $1 Million and What’s Next?

12:22pm on Friday 27th of February, 2026 AEDT
Key Points
  • Half-year loss widens to $1.8 million from $1.24 million prior year
  • Impairment of $948,493 on discontinued Kumu Well Being App software
  • Revenue remains minimal at $49,372 amid strategic pivot
  • Raised more than $1.5 million through multiple share issues
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