Quarterly Activities/Appendix 4C Cash Flow Report

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Stock Rocketboots Ltd (ROC.ASX)
Release Time 30 Apr 2025, 5 p.m.
Price Sensitive Yes
 RocketBoots Provides Quarterly Update, Raises $4M
Key Points
  • Successful trial completed with multinational retailer in US and UK
  • Contract extension with major Australian retail bank worth $432K
  • Partnership deal signed with Gebit Solutions to drive international expansion
  • $4M capital raise to fund sales and revenue initiatives
Full Summary

RocketBoots Limited, an artificial intelligence software company, provided an update on its activities for the quarter ending 31 March 2025. Key highlights include the successful completion of a trial of its loss prevention software with a multinational retailer in the U.S. and UK, generating a positive return on investment. The company also signed a contract extension with a major Australian retail bank, worth $432K, continuing a 6-year partnership. RocketBoots partnered with Gebit Solutions, a German-based provider of retail POS software, to accelerate the integration and adoption of its loss prevention solutions globally. Subsequent to the quarter, the company completed a $4 million capital raise to fund its sales and revenue initiatives across its global enterprise customer pipeline, enabling its international expansion strategy. The placement was well-supported by new and existing institutional and sophisticated investors, with Bombora Investment Management taking a strategic stake in the company.

Outlook

RocketBoots is focused on executing its sales initiatives across its global enterprise customer pipeline and driving the international expansion of its AI-powered loss prevention, workforce management, and customer experience software platform.