Quarterly Activities/Appendix 4C Cash Flow Report

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Stock Rocketboots Ltd (ROC.ASX)
Release Time 31 Jan 2025, 5:05 p.m.
Price Sensitive Yes
 Quarterly Activities/Appendix 4C Cash Flow Report
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.