Trial with Major Mexican Retail Bank
| Stock | Rocketboots Ltd (ROC.ASX) |
|---|---|
| Release Time | 20 Aug 2025, 9:16 a.m. |
| Price Sensitive | Yes |
RocketBoots Advances International Expansion with Major Mexican Bank Trial
- RocketBoots signs trial contract with a major Mexican retail bank
- Trial deployment to a select number of branches
- Demonstrates the ongoing international expansion opportunity for RocketBoots' workforce management and customer experience platform
RocketBoots Limited (ASX:ROC), an artificial intelligence software company, has signed a new trial contract to deliver its software to one of Mexico's largest retail banks. The trial contract was won together with a multi-national global consulting partner of RocketBoots who is also engaged with the banking client and with whom RocketBoots is also working together on a number of other international opportunities. The key contract terms include a workforce and customer service software deployment to a select number of branches for a Total Contract Value (TCV) of approximately $140,000 (US$94,000) over a 3-month term. At the completion of the trial period (or until Return on Investment (ROI) is proven), the parties will review the success of the trial and assess the potential for broader rollout across the customer's branch network, which includes over 1,000 sites. The contract has the potential to contribute a meaningful addition to RocketBoots' Annual Recurring Revenue (ARR) should the parties agree deployment across the customer's network of over 1,000 branches, although there is no guarantee that a larger contract will be awarded following the trial contract. RocketBoots' CEO, Joel Rappolt, commented that the trial contract is further strong validation of RocketBoots' international expansion potential and that the company continues to build momentum securing customers that have the potential to transform its reputation and operational scale on the global stage.
The trial contract has the potential to contribute a meaningful addition to RocketBoots' Annual Recurring Revenue (ARR) should the parties agree deployment across the customer's network of over 1,000 branches, although there is no guarantee that a larger contract will be awarded following the trial contract.
RocketBoots continues to build momentum securing customers that have the potential to transform the company's reputation and operational scale on the global stage.