RocketDNA reports Q3 growth

Staff reporter

ASX-listed “autonomous drone-in-a-box” mining service microcap, RocketDNA, grew September-quarter sales 16% year-on-year and 5% compared with the previous three months to A$1.55 million.

The company, focused on the Australian and South African markets, said annual recurring revenue (ARR) was at $2.82 million at the end of September, up 38% yoy. It said the total was positively impacted by a $1.18m, five-year contract with diversified miner South32 in South Africa.

RocketDNA said its total contract value (TCV) was $5.018m at the end of September, up 13% yoy.

The company had cash of $1.745m at September 30.

Its current market value is about $7.7m.


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