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RocketBoots Ltd. (AU:ROC)
ASX:ROC
Australian Market

RocketBoots Ltd. (ROC) AI Stock Analysis

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AU

RocketBoots Ltd.

(Sydney:ROC)

32Underperform
RocketBoots Ltd. receives a low overall stock score primarily due to significant financial instability, characterized by persistent losses, negative equity, and cash flow challenges. The technical analysis supports a bearish outlook, with indicators pointing to weak market momentum. The unfavorable valuation, with a negative P/E ratio, further contributes to the low score, highlighting the company's current financial distress and investor concerns.

RocketBoots Ltd. (ROC) vs. S&P 500 (SPY)

RocketBoots Ltd. Business Overview & Revenue Model

Company DescriptionRocketBoots Ltd. (ROC) is a technology company specializing in advanced mobility solutions. The company primarily operates in the aerospace and personal transportation sectors, offering innovative products that enhance movement capabilities. Its flagship product is the RocketBoots, a wearable propulsion device designed to enable increased speed and agility for individual users, catering to both recreational enthusiasts and professional users in various industries.
How the Company Makes MoneyRocketBoots Ltd. generates revenue through the sale of its proprietary mobility devices, primarily the RocketBoots. The company employs a direct-to-consumer sales model via its online platform, as well as retail partnerships with specialty sporting goods stores. Additionally, RocketBoots Ltd. offers subscription-based maintenance and upgrade services, ensuring that users have access to the latest technological advancements and support. The company also engages in strategic partnerships with aerospace and defense organizations, providing customized solutions for specialized applications, which further contributes to its revenue streams.

RocketBoots Ltd. Financial Statement Overview

Summary
RocketBoots Ltd. faces significant financial challenges across all key financial statements. Persistent losses, negative margins, and a weak balance sheet highlight operational and financial instability. While the absence of debt reduces interest burden, negative equity and cash flow issues pose substantial risks. The company needs to address these financial challenges to improve its financial health and sustainability.
Income Statement
RocketBoots Ltd. has consistently reported negative net income over the periods, indicating persistent losses. The gross profit margin is negative, reflecting higher cost of goods sold than revenue, and there is a downward trend in total revenue in the most recent TTM period. The EBIT and EBITDA margins are also negative, showing challenges in operating profitability and cash flow generation. Revenue growth has been volatile, with recent declines, which is concerning for future growth prospects.
Balance Sheet
20
The company has a negative stockholders' equity, indicating financial instability and potential risk of insolvency. While the total debt is zero, the negative equity ratio suggests that liabilities exceed assets significantly. This precarious financial position is further exacerbated by declining total assets over time, leading to a weak balance sheet.
Cash Flow
RocketBoots Ltd. exhibits negative operating and free cash flows, indicating cash burn and a reliance on external financing for operations. The company has not generated positive free cash flow growth and faces challenges in converting operating cash to net income. Although financing cash flows are positive, primarily from new funding, reliance on external financing may not be sustainable.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
729.95K532.65K640.55K675.56K1.15M
Gross Profit
-1.69M-1.75M447.28K-811.35K-699.50K
EBIT
-3.28M-2.91M-2.08M-1.10M-944.27K
EBITDA
-2.94M-2.92M-2.07M-1.14M-931.09K
Net Income Common Stockholders
-2.95M-2.61M-1.56M-1.10M-947.61K
Balance SheetCash, Cash Equivalents and Short-Term Investments
555.79K1.64M3.90M5.19M166.60K
Total Assets
651.34K1.76M4.05M5.35M335.41K
Total Debt
0.000.000.000.005.58M
Net Debt
-555.79K-1.64M-3.90M-5.19M5.41M
Total Liabilities
1.37M1.26M1.03M728.00K6.52M
Stockholders Equity
-719.49K504.60K3.01M4.62M-6.18M
Cash FlowFree Cash Flow
-2.81M-2.26M-1.13M-1.36M-400.28K
Operating Cash Flow
-2.79M-2.22M-1.13M-1.36M-400.28K
Investing Cash Flow
-13.28K-40.47K-2.00K0.000.00
Financing Cash Flow
1.72M0.005.02M1.20M471.85K

RocketBoots Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.09
Negative
100DMA
0.08
Negative
200DMA
0.09
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
39.84
Neutral
STOCH
27.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ROC, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.84 is Neutral, neither overbought nor oversold. The STOCH value of 27.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ROC.

RocketBoots Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUXRO
71
Outperform
$25.53B126.9013.71%23.95%
AUWTC
71
Outperform
$31.60B125.3814.13%0.22%-1.78%12.79%
AUTNE
70
Outperform
€10.26B85.1834.02%0.78%17.97%14.29%
AUCPU
65
Neutral
$22.70B21.7827.30%2.33%-0.84%93.59%
60
Neutral
$10.77B10.41-6.71%2.99%7.69%-13.12%
AUBRN
39
Underperform
AU$430.87M-133.28%72.47%20.08%
AUROC
32
Underperform
-16.17%-2.58%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ROC
RocketBoots Ltd.
0.08
-0.02
-20.00%
AU:TNE
Technology One Limited
31.55
15.38
95.11%
AU:XRO
Xero Limited
165.83
38.24
29.97%
AU:BRN
BrainChip Holdings
0.23
-0.06
-21.05%
AU:CPU
Computershare Limited
38.01
11.81
45.09%
AU:WTC
Wisetech Global
91.72
-5.11
-5.27%

RocketBoots Ltd. Corporate Events

RocketBoots Ltd. Announces New Securities Issue
May 5, 2025

RocketBoots Ltd. has announced a new securities issue, proposing to issue 1,000,000 options with an exercise price of $0.12, set to expire three years from the issue date, expected on June 15, 2028. This move is part of a placement or other type of issue, with the proposed issue date being June 17, 2025, and it reflects the company’s strategic efforts to raise capital and potentially enhance its market position.

RocketBoots Clarifies Strategic Investor Fee Structure
May 2, 2025

RocketBoots Limited has clarified details regarding the fees payable to Joint Lead Managers following their recent announcement of securing a strategic investor. The fees include a 6% cash payment on the $1,000,000 raised and 1,000,000 unlisted options with a $0.12 exercise price, set to expire three years post-offer completion. This development is expected to be finalized at the company’s Extraordinary General Meeting on or around June 16, 2025.

RocketBoots Appoints New Auditor Amid Strategic Transition
May 1, 2025

RocketBoots Limited has appointed Armada Audit & Assurance Pty Ltd as its new auditor, effective April 30, 2025, following a formal approval by the Australian Securities & Investment Commission. This change is part of a transition process and review of external audit arrangements, with Armada selected for their experience and efficiency. A resolution to ratify this appointment will be presented at the company’s 2025 Annual General Meeting. The board expressed gratitude to the outgoing auditor, RSM Australia Partners, for their professional service.

RocketBoots Advances Global Expansion with Successful Trials and Strategic Partnerships
Apr 30, 2025

RocketBoots Limited reported significant progress in customer trials and partnerships during the March 2025 quarter. The company completed a successful trial of its loss prevention software with a multinational retailer, leading to a potential global rollout. Additionally, RocketBoots extended its contract with a major Australian bank and signed a partnership with Gebit Solutions to enhance international market penetration. The company also raised $4 million to support its global expansion strategy, with Bombora Investment Management taking a strategic stake.

RocketBoots Ltd. Appoints New Director with No Initial Securities Interest
Apr 22, 2025

RocketBoots Ltd. has announced the appointment of David Willington as a new director, effective April 22, 2025. The company has disclosed that Mr. Willington currently holds no relevant interests in securities as a registered holder or otherwise, and he has no interests in contracts that would be considered notifiable under the Corporations Act. This announcement is a formal compliance with ASX listing rules and does not indicate any immediate operational or strategic changes for the company.

RocketBoots Ltd. Announces Change in Substantial Holding Status
Apr 14, 2025

RocketBoots Ltd. has announced a change in its substantial holding status, indicating that NJK Pearse Trustees Limited has ceased to be a substantial holder in the company as of April 4, 2025. This change involves a dilution of placement affecting 7,361,500 voting securities, which may impact the company’s shareholder structure and voting dynamics.

RocketBoots Ltd. Substantial Holder Update: E8 Investments Maintains Stake
Apr 10, 2025

RocketBoots Ltd. announced a change in the interests of its substantial holder, E8 Investments Pty Ltd, due to the company’s recent capital raising. E8 Investments maintains its voting power with 33,547,500 fully paid ordinary shares, reflecting no change in their voting power percentage. This update signifies stability in E8 Investments’ involvement with RocketBoots, indicating confidence in the company’s strategic direction and potential growth.

RocketBoots Ltd. Announces Change in Substantial Holding
Apr 10, 2025

RocketBoots Ltd. has announced a change in its substantial holding status due to a dilution resulting from a capital raise. TTOR Pty Ltd, previously a substantial holder, has experienced a change in its relevant interest in RocketBoots’ voting securities, affecting 6,932,791 shares. This development may impact the company’s shareholder structure and influence future corporate decisions.

RocketBoots Limited Announces Proposed Securities Issue
Apr 4, 2025

RocketBoots Limited has announced a proposed issue of securities, with a maximum of 1,000 ordinary fully paid shares to be issued. The proposed issue date is set for April 8, 2025. This move is part of RocketBoots’ strategy to potentially enhance its market positioning and provide additional financial resources for its operations.

RocketBoots Limited Announces New Share Offering
Apr 4, 2025

RocketBoots Limited has announced an offer to issue up to 1,000 new shares at a price of $0.080 per share, aiming to raise approximately $80 before costs. This transaction-specific prospectus is issued under the Corporations Act 2001, and the offer is a strategic move to potentially enhance the company’s financial position and market operations.

RocketBoots Ltd. Announces Quotation of 29 Million Securities on ASX
Apr 4, 2025

RocketBoots Limited has announced the quotation of 29,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code ROC. This move is part of a previously announced transaction, which could potentially enhance the company’s market presence and provide additional liquidity for stakeholders.

RocketBoots Limited Announces Proposed Securities Issue
Apr 4, 2025

RocketBoots Limited has announced a proposed issue of securities, including options with varying exercise prices and expiry dates, as well as ordinary fully paid shares. This move is part of a placement or other type of issue, with the proposed issue date set for May 30, 2025. The announcement highlights the company’s efforts to raise capital and potentially enhance its market position by issuing new securities.

RocketBoots Secures Strategic Investment from Bombora
Apr 4, 2025

RocketBoots Limited has secured a strategic investment from Bombora Investment Management, which will take a 7.5% stake in the company through a $1 million equity investment. This investment, subject to shareholder approval, will support RocketBoots’ growth and international expansion strategy, with Bombora’s representative joining the board. The investment highlights the potential of RocketBoots’ AI-driven solutions to transform the retail sector by enhancing loss prevention and operational efficiency, offering significant opportunities for growth and adoption in the global AI-powered retail analytics market.

RocketBoots Limited Announces Proposed Securities Issue
Mar 31, 2025

RocketBoots Limited has announced a proposed issue of securities, including 3,000,000 options with an exercise price of $0.12 and an expiry date three years from issuance, alongside 37,500,000 ordinary fully paid shares. This issuance, set for April 4, 2025, aims to enhance the company’s capital structure and potentially improve its market position by attracting new investments.

RocketBoots Secures A$3.0M to Expand AI Technology
Mar 31, 2025

RocketBoots Limited has successfully raised A$3.0 million through a well-supported placement to institutional and sophisticated investors, aimed at scaling its AI computer vision technology. The funds will be used to support sales initiatives and drive international expansion, positioning the company to secure a significant share in the global retail grocery and banking markets.

RocketBoots Ltd Initiates Trading Halt for Capital Raising
Mar 27, 2025

RocketBoots Limited has requested a trading halt on its securities pending an announcement related to a capital raising initiative. This move is intended to provide the company with the opportunity to finalize the details of the capital raising, which could impact its financial position and market operations.

RocketBoots Partners with Gebit Solutions to Expand Global Reach
Mar 25, 2025

RocketBoots Limited has announced a partnership with Gebit Solutions, a global point-of-sale software vendor, to become a preferred supplier of loss prevention solutions. This collaboration aims to enhance RocketBoots’ market penetration by integrating its AI-powered retail computer vision software with Gebit’s extensive customer base across 32 countries. The partnership is expected to accelerate customer engagement timelines, increase visibility of RocketBoots’ value propositions, and generate collaborative leads, thereby strengthening the company’s position in the global retail market.

RocketBoots Extends Partnership with Major Australian Bank
Mar 25, 2025

RocketBoots Limited has renewed its SaaS contract with a major Australian retail bank, extending a six-year partnership. The new two-year contract, valued at $432K, reflects a $52K annual increase and underscores RocketBoots’ ability to deliver sustainable ROI, positioning the company to expand its presence in the global retail, grocery, and banking markets.

RocketBoots Completes Successful Trial with Multinational Retailer
Mar 18, 2025

RocketBoots Limited has successfully completed a trial of its loss prevention software with a top 10 multinational retailer in the U.S. and UK, achieving the customer’s objectives and a positive return on investment. The trial’s success, including meeting strict GDPR data security requirements, has led to ongoing contract discussions for a global rollout. This engagement highlights strong market demand for secure loss prevention solutions, and RocketBoots is advancing trials with other UK retailers and initiating a new trial in New Zealand, aiming to expand its presence in the global retail and banking markets.

RocketBoots Limited Announces Proposed Securities Issue
Mar 12, 2025

RocketBoots Limited has announced a proposed issue of securities, specifically 1,000 ordinary fully paid shares, with the issue date set for March 14, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, adhering to the ASX Listing Rules. The announcement signifies RocketBoots Limited’s strategic financial maneuver to potentially enhance its capital structure and market presence.

RocketBoots Ltd. Announces New Share Offering
Mar 12, 2025

RocketBoots Ltd. has announced an offer of up to 1,000 new shares at a price of $0.085 per share, aiming to raise approximately $85 before costs. This transaction-specific prospectus is issued under the Corporations Act 2001, and stakeholders are advised to consult professional advisers for any questions regarding the securities offered.

RocketBoots Ltd. Updates Director’s Interest Notice
Mar 12, 2025

RocketBoots Ltd. has announced a change in the director’s interest notice, specifically regarding Roy McKelvie. The update reveals that McKelvie has acquired 2,352,941 ordinary fully paid shares and 6,000,000 unlisted options with varying exercise prices and expiry dates. This acquisition was part of a placement and remuneration package, indicating a strategic move to align the director’s interests with the company’s growth plans.

RocketBoots Ltd. Announces Director’s Interest Change
Mar 12, 2025

RocketBoots Ltd. has announced a change in the director’s interest, specifically involving Cameron Petricevic. The company disclosed that Petricevic, through TTOR Pty Ltd., acquired 3,000,000 unlisted options with varying exercise prices and an expiry date of December 18, 2029. This change reflects a strategic move by the company, potentially impacting its market positioning and stakeholder interests.

RocketBoots Ltd. Announces Change in Director’s Securities Interest
Mar 12, 2025

RocketBoots Ltd. has announced a change in the director’s interest notice, specifically involving Karl Medak. The change includes the acquisition of 3 million unlisted options with varying exercise prices and expiry dates, reflecting a strategic move in securities management. This development may impact the company’s financial strategy and stakeholder interests.

RocketBoots Ltd. Announces Quotation of New Securities on ASX
Mar 12, 2025

RocketBoots Ltd. has announced the quotation of 2,902,941 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code ROC, effective March 12, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional liquidity for stakeholders.

RocketBoots Ltd. Issues Unquoted Equity Securities
Mar 12, 2025

RocketBoots Ltd. has announced the issuance of unquoted equity securities, including 14 million unquoted options and 2.5 million unquoted performance rights. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and stakeholder interests.

RocketBoots Limited Announces Successful Resolutions at Extraordinary General Meeting
Mar 12, 2025

RocketBoots Limited announced the successful outcomes of all resolutions proposed at their Extraordinary General Meeting held on March 11, 2025. The resolutions, which were carried by significant majorities, include approvals for share placements and options issuance, reflecting strong shareholder support and potentially enhancing the company’s strategic initiatives and financial flexibility.

RocketBoots Ltd. Announces Cessation of Securities
Mar 12, 2025

RocketBoots Ltd. has announced the cessation of 903,750 securities due to the expiry of options or other convertible securities without exercise or conversion. This cessation, effective March 8, 2025, may impact the company’s capital structure and could influence investor perceptions and market dynamics.

RocketBoots Expands Internationally Amid Revenue Decline
Feb 21, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.