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ROCKETFUEL PRE-ANNOUNCES RECORD GROWTH IN Q1-Q3 2024.

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RocketFuel Blockchain (OTC: RKFL) pre-announces expected revenue of $2,250,000 for Q1-Q3 2024, representing more than double the revenue compared to the same period last year. The company reports doubled transaction volume and processed 1M payment transactions with zero downtime from Oct 2023 to Sept 2024. The payment solutions provider has served approximately 400,000 unique users, attributing growth to increased customer and partner adoption.

RocketFuel Blockchain (OTC: RKFL) pre-annuncia un fatturato previsto di $2.250.000 per il primo e il terzo trimestre del 2024, il che rappresenta più del doppio del fatturato rispetto allo stesso periodo dello scorso anno. L'azienda riporta un volume di transazioni raddoppiato e ha elaborato 1M di transazioni di pagamento senza alcun downtime da ottobre 2023 a settembre 2024. Il fornitore di soluzioni di pagamento ha servito circa 400.000 utenti unici, attribuendo la crescita all'aumento dell'adozione da parte di clienti e partner.

RocketFuel Blockchain (OTC: RKFL) pre-anuncia ingresos esperados de $2,250,000 para el primer y tercer trimestre de 2024, lo que representa más del doble de los ingresos en comparación con el mismo período del año pasado. La compañía informa que el volumen de transacciones se ha duplicado y ha procesado 1M de transacciones de pago sin tiempo de inactividad desde octubre de 2023 hasta septiembre de 2024. El proveedor de soluciones de pago ha atendido aproximadamente a 400,000 usuarios únicos, atribuyendo el crecimiento a la mayor adopción por parte de clientes y socios.

로켓연료 블록체인 (OTC: RKFL)은 2024년 1분기부터 3분기까지 예상 수익이 $2,250,000에 이를 것으로 사전 발표했으며, 이는 지난해 같은 기간에 비해 두 배 이상 증가한 수치입니다. 이 회사는 거래량이 두 배로 증가했으며, 2023년 10월부터 2024년 9월까지 단 한 번의 다운타임 없이 100만 건의 결제 거래를 처리했다고 보고했습니다. 결제 솔루션 제공업체는 약 40만 명의 고유 사용자에게 서비스를 제공했으며, 고객과 파트너의 증가된 채택 덕분에 성장을 이루었다고 전했습니다.

RocketFuel Blockchain (OTC: RKFL) pré-annonce des revenus attendus de $2,250,000 pour les premier à troisième trimestres de 2024, représentant plus du double des revenus par rapport à la même période l'année dernière. L'entreprise rapporte un volume de transactions doublé et a traité 1M de transactions de paiement sans aucune interruption entre octobre 2023 et septembre 2024. Le fournisseur de solutions de paiement a servi environ 400,000 utilisateurs uniques, attribuant cette croissance à l'adoption accrue par les clients et partenaires.

RocketFuel Blockchain (OTC: RKFL) kündigt vorläufig einen erwarteten Umsatz von $2.250.000 für das erste bis dritte Quartal 2024 an, was mehr als einer Verdopplung des Umsatzes im Vergleich zum gleichen Zeitraum des Vorjahres entspricht. Das Unternehmen berichtet von einem verdopplten Transaktionsvolumen und hat 1M Zahlungs Transaktionen ohne Ausfallzeiten von Oktober 2023 bis September 2024 verarbeitet. Der Zahlungsdienstleister hat etwa 400.000 eindeutige Benutzer bedient und schreibt das Wachstum der erhöhten Akzeptanz durch Kunden und Partner zu.

Positive
  • Revenue doubled year-over-year, reaching $2.25M in Q1-Q3 2024
  • Transaction volume doubled compared to previous year
  • Processed 1M payment transactions with zero downtime
  • Customer base expanded to 400,000 unique users
Negative
  • None.

San Francisco, CA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- RocketFuel Blockchain, Inc. (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of payment solutions via FIAT, Bitcoin and other cryptocurrencies, provided a pre-announcement of expected revenue for its first three quarters of 2024 . The company’s growth is marked by increases in revenue and the expansion of its customer base.

For the period Jan. 1, 2024 through Sep. 30, 2024, RocketFuel is pre-announcing anticipated revenue of $2,250,000 which is more than twice the revenue from the same period last year. The number of transactions and volume also doubled. In the last four full quarters (Oct 1 2023 – Sept 30 2024), the company processed a total of 1M payment transactions across its products with zero downtime.

The growth experienced by RocketFuel can be attributed to the continued adoption by its customers and partners. 

The company has served approx. 400,000 unique users / shoppers. 

About RocketFuel:

RocketFuel is a leading provider of payment processing solutions, offering innovative and secure services to businesses of all sizes. With a focus on delivering exceptional customer experiences and driving revenue growth, RocketFuel provides enterprise-class infrastructure and cutting-edge technology to process high volumes of payment transactions. The company has consistently demonstrated robust growth since its inception and continues to expand its customer base with industry-leading solutions. More information about RocketFuel is available at: www.rocketfuel.inc

Forward-Looking Statements Disclaimer:

The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2023 and Quarterly Report on Form 10-Q for the fiscal year ended June 30, 2023. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.

For media inquiries or more information, please contact: press@rocketfuel.inc


FAQ

What is RocketFuel's (RKFL) expected revenue for Q1-Q3 2024?

RocketFuel (RKFL) pre-announces expected revenue of $2,250,000 for Q1-Q3 2024, more than doubling revenue from the same period last year.

How many transactions did RocketFuel (RKFL) process between October 2023 and September 2024?

RocketFuel processed 1 million payment transactions across its products with zero downtime during this period.

How many unique users does RocketFuel (RKFL) serve as of Q3 2024?

RocketFuel has served approximately 400,000 unique users/shoppers.

What was RocketFuel's (RKFL) transaction volume growth in 2024?

RocketFuel's transaction volume doubled compared to the previous year.

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