Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
RocketBoots Ltd. ( (AU:ROC) ) has provided an update.
RocketBoots Limited faced a challenging half-year with revenues from ordinary activities declining by 22.50% and reporting a net loss of $1,374,089. Despite this, the company achieved significant progress in its international expansion efforts, particularly with its entry into the UK market. This strategic move is expected to bolster its position in the global grocery sector. Additionally, license revenue increased by 11% due to expansions in existing contracts, although there was a drop in enablement revenue due to the lack of new contract rollouts during the period.
More about RocketBoots Ltd.
RocketBoots Limited operates in the technology sector, focusing on international expansion, particularly in the grocery market. The company is engaged in enhancing its market presence by entering new geographical regions like the UK.
YTD Price Performance: 50.0%
Average Trading Volume: 110,298
Technical Sentiment Consensus Rating: Hold
See more data about ROC stock on TipRanks’ Stock Analysis page.
