RocketBoots Reports 9.7% Revenue Growth, $6.6M Net Loss for FY2026

Major Contract Sets Stage for Growth

RocketBoots Limited (ASX:ROC) has locked in its largest deal yet, a five-year agreement with a tier-one multinational retailer to deploy its AI-driven loss prevention software across about 40% of the retailer’s global network. The contract, announced in December 2025, promises approximately A$9.1 million in annual recurring revenue (ARR) once fully rolled out, representing more than a tenfold jump from RocketBoots’ ARR at the time of signing.

Complementing this, a March 2026 activation contract with the same customer will generate an additional A$3.3 million in non-recurring revenue as the software integrates with the retailer’s self-checkout and point-of-sale systems. This activation phase is already underway, with initial deployments scheduled to start in the first quarter of FY2027 across multiple countries.

Financials Reflect Heavy Investment Ahead of Revenue Realisation

For the year ended 30 June 2026, RocketBoots reported revenue of A$724,815, up 9.7% from the prior year. However, the company’s net loss after tax widened by 42% to A$6.61 million as it ramped up spending on product development, customer delivery, and international expansion ahead of revenue recognition from the new contracts.

The company’s cash position improved to A$3.7 million at year-end, bolstered by a successful A$7.025 million placement completed in December 2025 and January 2026, backed by existing and four new institutional investors. This capital raise is earmarked to support RocketBoots’ global rollout and scaling efforts.

International Expansion and Customer Pipeline

RocketBoots is now active in four regions and ten countries, including Australia, the United Kingdom, Europe, and the United States. Its customer base spans retail grocery and retail banking sectors, featuring two ASX:20 companies and the new global retail partner.

The sales pipeline has expanded significantly, with twelve active opportunities covering approximately 17,000 sites and early-stage prospects growing over 50% following the major contract announcement. The company is also trialling its workforce optimisation software with a Mexican bank, while completing trials in the UK and North America.

Technology Platform and Scalability

RocketBoots continues to invest in its cloud-based operations and intelligence platform, which is designed to reduce cloud costs by around 40% once 3,500 sites are deployed. This platform enables centralised configuration, deployment, and support without the need for on-site visits, a key factor in the company’s ability to scale internationally without proportionally increasing its workforce.

The platform’s architecture supports multiple applications per site, allowing RocketBoots to upsell licences over time and improve operating leverage as the customer base grows.

Leadership and Governance Strengthened

In October 2025, RocketBoots appointed Maria Phillips, former Group CFO of Nine Entertainment, as Chief Financial Officer and Chief Operating Officer. Her extensive experience in technology and consumer sectors is expected to bolster the company’s executive capability during this critical growth phase.

Corporate governance remains a focus, with the board actively managing risks related to funding, strategy execution, talent retention, competition, and cybersecurity across multiple jurisdictions.

Shareholder Returns and Outlook

No dividends were declared for the year, reflecting the company’s focus on reinvestment and growth. The weighted average number of shares increased to over 185 million, partly due to the recent capital raise and option exercises.

While the contract win and capital raise provide a solid platform, the timing and success of the global rollout remain key execution risks. Investors will be watching closely as RocketBoots transitions from trial and integration phases to full-scale deployment and revenue realisation.