Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
RocketBoots Limited (ASX: ROC) has completed a major customer trial for its loss prevention software across stores in the U.S. and UK. The trial with a top 10 multinational retailer met the customer’s objectives, delivering a positive return on investment while complying with strict data security regulations, including GDPR. The engagement, initially of limited financial significance, has grown materially, with fees paid equaling approximately 8% of RocketBoots’ FY2024 revenue.
This success underscores the growing demand for secure and effective loss-prevention solutions in retail. The company is now discussing a potential global rollout with the retailer. RocketBoots has advanced software trials with three UK retailers and focuses on expanding its business internationally. The company is actively working on converting its existing sales pipeline while targeting billion-dollar retail grocery and banking markets, positioning itself for significant growth in the loss prevention technology sector.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
