Wooboard Technologies Limited
WOO.AX
Australian Securities Exchange0.02
AUD
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Wooboard Technologies Limited
WOO.AX
(Australian Securities Exchange)
Recent
price
0.02
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Wooboard Technologies Limited (ASX:WOO), now operating as Thrive Tribe Technologies Limited following a name change in April 2023, develops and sells cloud-based software-as-a-service (SaaS) solutions focused on employee engagement, recognition, mental health, and workplace wellness; its core offerings include the WooBoard platform, a peer-to-peer recognition and rewards system utilizing gamification, social features, mindfulness modules for wellbeing and skill-building, real-world redeemable rewards from over 350 partners, activity reporting tools, and seamless integrations with everyday productivity applications. The company maintains three operating segments: Thrive Tribe Technologies for product development and short-term investment activities including share trading; Wooboard SaaS for employee communication and engagement tools; and Kumu Group Pty Ltd, a two-sided platform connecting creators, influencers, sports stars, and members through subscription-based premium content sharing via the MyTribe technology. Founded in 2014 and headquartered at Level 57, MLC Centre, 19-29 Martin Place in Sydney, New South Wales, Australia, it primarily targets large enterprises and global businesses seeking to enhance employee productivity and retention, with operations centered in Australia. Recent developments encompass the rebranding to Thrive Tribe Technologies Limited and a ticker symbol change to 1TT in April 2023 to align with its expanded mission in holistic health, wellness communities, and strategic acquisitions in the health and wellness sector; securing $500,000 in funding to bolster operations; and quotation of new securities, reflecting ongoing efforts to support digital-first innovations for creator empowerment and community-building.