Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Rocketboots Ltd (ROC.ASX) |
|---|---|
| Release Time | 31 Jul 2025, 4:26 p.m. |
| Price Sensitive | Yes |
RocketBoots reports quarterly activities and cash flow
- 5 new customers representing over 8,550 locations added to advanced stage pipeline
- Initial alignment discussions completed with global POS partner Gebit Solutions
- Bombora Funds took a strategic stake in RocketBoots, including Board seat
RocketBoots Limited (ASX:ROC), an artificial intelligence software company, provided an update on its activities for the quarter ending 30 June 2025. The company made good progress across its sales pipeline, with 5 new customers representing over 8,550 locations added to the advanced stage of the pipeline. This demonstrates strong market demand from retailers and retail banks for RocketBoots' loss prevention and workforce optimization solutions. RocketBoots also completed alignment discussions with its recently announced German-based POS partner, Gebit Solutions, which provides retail POS software to customers across more than 32 countries. The partnership aims to benefit RocketBoots with the acceleration of sales and servicing cycles, target market visibility, and management of customer proposals to contract. Additionally, Bombora Funds took a strategic stake in RocketBoots, including a Board seat. The company remains on track and funded to capitalize on the growing demand from retailers for its dynamic computer vision technology to address loss prevention and improve customer service and productivity.
RocketBoots' cash balance at 30 June 2025 was $2.47 million. Cash inflows were $5,000 from existing customer contract extensions and new trial activations, while cash outflows were in-line with forecasts, including $541,000 of one-off or single annual payments.