Thrive Tribe Technologies (ASX:1TT) Piotroski F-Score: 3 (As of Jun. 27, 2026) — Near Median


What is Thrive Tribe Technologies Piotroski F-Score?

Thrive Tribe Technologies ASX:1TT Piotroski F-Score is 3 as of Jun. 27, 2026, which is at its 10-year median of 3.00. The stock has 7 warning signs investors should review. Among 2,743 Software companies, Thrive Tribe Technologies ranks worse than 78.89% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Thrive Tribe Technologies has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Thrive Tribe Technologies's Piotroski F-Score or its related term are showing as below:

ASX:1TT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 3   Max: 3
Current: 3

During the past 11 years, the highest Piotroski F-Score of Thrive Tribe Technologies was 3. The lowest was 2. And the median was 3.

Thrive Tribe Technologies  (ASX:1TT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Thrive Tribe Technologies Piotroski F-Score Related Terms


Thrive Tribe Technologies Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Thrive Tribe Technologies's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thrive Tribe Technologies Piotroski F-Score Chart

Thrive Tribe Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.00 3.00 2.00 3.00

Thrive Tribe Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.00 0.00 3.00 0.00

ASX:1TT vs CRM, SHOP, UBER: Piotroski F-Score Comparison

For the Software - Application subindustry, Thrive Tribe Technologies's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thrive Tribe Technologies Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Thrive Tribe Technologies's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Thrive Tribe Technologies's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was A$-3.50 Mil.
Cash Flow from Operations was A$-2.02 Mil.
Revenue was A$0.06 Mil.
Gross Profit was A$0.06 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (3.308 + 1.357) / 2 = A$2.3325 Mil.
Total Assets at the begining of this year (Jun24) was A$3.31 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$0.17 Mil.
Total Current Liabilities was A$0.55 Mil.
Net Income was A$-3.56 Mil.

Revenue was A$0.02 Mil.
Gross Profit was A$0.02 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (7.213 + 3.308) / 2 = A$5.2605 Mil.
Total Assets at the begining of last year (Jun23) was A$7.21 Mil.
Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.
Total Current Assets was A$1.86 Mil.
Total Current Liabilities was A$1.18 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Thrive Tribe Technologies's current Net Income (TTM) was -3.50. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Thrive Tribe Technologies's current Cash Flow from Operations (TTM) was -2.02. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun24)
=-3.498/3.308
=-1.05743652

ROA (Last Year)=Net Income/Total Assets (Jun23)
=-3.557/7.213
=-0.49313739

Thrive Tribe Technologies's return on assets of this year was -1.05743652. Thrive Tribe Technologies's return on assets of last year was -0.49313739. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Thrive Tribe Technologies's current Net Income (TTM) was -3.50. Thrive Tribe Technologies's current Cash Flow from Operations (TTM) was -2.02. ==> -2.02 > -3.50 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/2.3325
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/5.2605
=0

Thrive Tribe Technologies's gearing of this year was 0. Thrive Tribe Technologies's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun25)=Total Current Assets/Total Current Liabilities
=0.167/0.547
=0.30530165

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=1.856/1.183
=1.56889265

Thrive Tribe Technologies's current ratio of this year was 0.30530165. Thrive Tribe Technologies's current ratio of last year was 1.56889265. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Thrive Tribe Technologies's number of shares in issue this year was 69.798. Thrive Tribe Technologies's number of shares in issue last year was 21.96. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.056/0.056
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0.016/0.016
=1

Thrive Tribe Technologies's gross margin of this year was 1. Thrive Tribe Technologies's gross margin of last year was 1. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=0.056/3.308
=0.01692866

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=0.016/7.213
=0.00221822

Thrive Tribe Technologies's asset turnover of this year was 0.01692866. Thrive Tribe Technologies's asset turnover of last year was 0.00221822. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+0+1
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Thrive Tribe Technologies has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Thrive Tribe Technologies (ASX:1TT) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Thrive Tribe Technologies and its competitors. This is near median its historical median of 3.00. Over the past decade, Thrive Tribe Technologies' Piotroski F-Score has ranged from 2.00 to 3.00. According to the industry distribution chart, Thrive Tribe Technologies ranks #2164 out of 2743 companies in the Software industry, placing it in the top 78.9%.
Is Thrive Tribe Technologies' Piotroski F-Score too high?
Thrive Tribe Technologies' current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 3.00. The Software industry median Piotroski F-Score is 5.00. Thrive Tribe Technologies' value of 3 is 40% below this industry median. Based on the distribution chart, Thrive Tribe Technologies ranks #2164 out of 2743 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Thrive Tribe Technologies' Piotroski F-Score compare to CRM and SHOP?
According to the Software industry distribution chart, Thrive Tribe Technologies ranks #2164 out of 2743 companies for Piotroski F-Score. This places Thrive Tribe Technologies in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Thrive Tribe Technologies' value of 3 is 40% below this benchmark. Historically, Thrive Tribe Technologies' own Piotroski F-Score has ranged from 2.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Thrive Tribe Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,743 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thrive Tribe Technologies's current Piotroski F-Score of 3 is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Thrive Tribe Technologies and its competitors. For the Software industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrive Tribe Technologies's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrive Tribe Technologies stock overvalued right now?
Based on GuruFocus' analysis, Thrive Tribe Technologies (ASX:1TT) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.04, compared to a current price of A$0.00 — trading 95% below its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Software industry median of 5.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Thrive Tribe Technologies (ASX:1TT), the current Piotroski F-Score is 3 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thrive Tribe Technologies Business Description

Address 19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000
Thrive Tribe Technologies Ltd develops and sells cloud-based software-as-a-service solutions that help companies communicate effectively with their employees. The company also engages in investment activities and produces healthy snacks. Its business model centers on subscription fees from companies using its SaaS platforms and generates revenue by combining technology with community-building tools to support workplace communication and collaboration, particularly in Australia. The company operates in three operating segments: Thrive Tribe Technologies, Wooboard Software-as-a-Service, and Kumu Group Pty Ltd, the majority of the revenue being generated from the Thrive Tribe Technologies segment.