Key points
- SaaS contract extended with major Australian retailer
- Advanced discussions with international enterprise customers
- Experienced investor Roy McKelvie appointed as Chairman
- Successful $1.5 million capital raising
Full summary
RocketBoots Limited (ASX:ROC) provided an update on its activities for the quarter ended 31 December 2024. The company confirmed a contract extension with a major Australian retailer, continuing a 7-year partnership providing critical software across its Australian locations. RocketBoots' sales pipeline continues to strengthen, with 10 customers in the Advanced Pipeline and 25 in the Early Pipeline, including 3 large multinational customers. The company also appointed Mr. Roy McKelvie as the new Independent, Non-Executive Chairman, who has over 25 years of experience in private equity and financial markets. During the quarter, RocketBoots successfully raised $1.5 million through placements to new and existing sophisticated investors, which will support the company's international expansion strategy.