RocketBoots state ARR per site for retail banks is $3k per year. $275,000/2 years at $3k per site = 46 branches.
Manually searching the Suncorp website shows 45 branches so it appears RocketBoots offering is now installed in all Suncorp branches.
An additional $137,500 in ARR from Suncorp is very promising but shows how much further the company has to go before these revenues drop to the bottom line. With 40-50x more retail banks in America, I think this highlights the importance of winning customers there and will be something to monitor.
ROC Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
