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RocketBoots Ltd. ( (AU:ROC) ) just unveiled an update.
RocketBoots Limited has renewed a significant contract with a major Australian retailer, extending their partnership for another year and securing a $320,000 advance payment. This renewal underscores the retailer’s continued trust in RocketBoots’ technology for store optimization and loss prevention. Additionally, RocketBoots anticipates cash inflows from banking sector pilot projects and continues to pursue international growth, engaging with 14 enterprise customers across various sectors.
More about RocketBoots Ltd.
RocketBoots Limited operates in the technology industry, focusing on empowering large retailers and banks to optimize their operations using AI, cloud computing, simulation, and advanced analytics. The company’s core software products include Adaptive Loss Prevention, Workforce & CX Optimization, and Branch Value Optimization, aimed at reducing operational expenses and enhancing customer service and loyalty.
Average Trading Volume: 230,165
Technical Sentiment Signal: Buy
Current Market Cap: A$21.41M
See more insights into ROC stock on TipRanks’ Stock Analysis page.