Rocketboots Limited

Quarterly Activities/Appendix 4C Cash Flow Report

Artificial Intelligence software companyRocketBoots Limited (ASX:ROC) (RocketBoots or the Company), is pleased to provide an update on activities for the quarter ending 31 December 2024 (the Quarter) focused on delivering its AI & cloud based SaaS platform to enable enterprise retail and retail banking businesses to continually adapt their In-Person channels to rapidly changing customer behaviour. The platform enables these businesses to fundamentally transform their performance in workforce management, customer service, and loss prevention.


Highlights

  • SaaS contract extended with major Australian retailer, which continues a 5+ year foundation partnership across hundreds of stores
  • Advanced discussions continue with a number of international enterprise customers across a growing sales pipeline, with the Company focused on progressing a number of qualified opportunities who are currently trialling RocketBoots technology. The sales pipeline has increased credibility with large multinational retailers currently conducting live trials.
  • Experienced investor and growth company specialist Roy McKelvie appointed as Chairman
  • RocketBoots successfully raised $1.5 million during the quarter over two tranches with new and existing sophisticated investors that will support the Company’s international expansion strategy.

Key Customer Contracts Won

Major Australian Retailer

RocketBoots confirms a contract extension with a major Australian retailer, as released to the ASX on 6 December 2024, which continues a 7-year partnership providing critical software across its Australian locations. Over this time, the Company has established opportunities to optimise operations, as well as integrate RocketBoots technology with other retailer systems further enhancing the customers ability to leverage value across its operations.

Importantly, RocketBoots has continued to demonstrate a sustainable return on investment that underpins its commercial model where the Company is now building momentum and scaling the business to secure a share in the billion-dollar global retail, grocery and banking markets.


Click here for the full ASX Release

This article includes content from Rocketboots Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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