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RocketFuel Blockchain Inc - RKFL STOCK NEWS

Welcome to our dedicated news page for RocketFuel Blockchain (Ticker: RKFL), a resource for investors and traders seeking the latest updates and insights on RocketFuel Blockchain.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RocketFuel Blockchain's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RocketFuel Blockchain's position in the market.

News
RKFL PRE-ANNOUNCES FQ3 REVENUE
Rhea-AI Summary
RocketFuel Blockchain, Inc. (OTC: RKFL) announces an investor webinar to discuss its pre-announcement of expected revenue for its third fiscal quarter, showing a 24X increase from the same quarter last year. The company attributes this growth to the introduction of new products, acquisition of new customers, and increased adoption of its products. Despite challenges in FQ3 due to regulatory uncertainty and partner-related issues, RocketFuel remains optimistic about its future.
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RocketFuel Provides Details on Downgrading to OTC Expert Market
Rhea-AI Summary
RocketFuel, Inc. (RKFL) expects its common stock to be downgraded to the OTC Expert Market due to the company's decision not to file its quarterly report. Despite the downgrade, the company's CEO, Peter Jensen, remains optimistic about the company's growth and revenue, citing a substantial increase in revenue for the quarter ended September 30, 2023.
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RocketFuel Partners with Ripple to Revolutionize Global Payments
Rhea-AI Summary
RocketFuel, Inc. (OTCQB: RKFL) announced a partnership with Ripple to integrate Ripple Payments into its suite of payment products, aiming to meet the increasing demand for faster, more reliable, and less expensive FIAT payments to merchants and partners globally. CEO Peter Jensen will discuss the latest trends in the payments industry and cryptocurrencies at Ripple Swell in Dubai on November 8-9.
Rhea-AI Impact
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21.43%
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partnership
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RKFL REPORTS RECORD QUARTERLY FQ1 REVENUE AND PRE-ANNOUNCES FQ2 REVENUE
Rhea-AI Summary
RocketFuel Blockchain reports record-breaking financial performance in Q1 and pre-announces expected revenue for Q2
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-15.79%
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AvecPay Joins Forces with RocketFuel to Bring Crypto Payments to Latin America
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RocketFuel partners with AvecPay to provide payment solutions in Latin America
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RocketFuel Reports Strong FY23 Performance, To Hold Investor Call on Thursday, August 31, 2023
Rhea-AI Summary
RocketFuel Blockchain, Inc. reports strong financial results for FY23, with revenues of $203,199, a 660% increase from the previous fiscal year. Q4FY23 revenue alone was over $110,000, showcasing consistent growth. The company has doubled its revenue per quarter on average and is processing over 3,000 payment transactions per day. The CEO attributes the growth to the increasing number of customers using crypto for payments. The introduction of two new products has driven accelerated growth. The company maintains its guidance of $5M revenue and $8M ARR by the end of FY24.
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16.67%
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RocketFuel Surpasses $3 Million ARR and Projects Continued Rapid Growth and path to profitability
Rhea-AI Summary
RocketFuel Blockchain reports rapid growth in Q2 2023, with 15-20x increases in daily transaction volume and revenue. Current ARR at $3M, projected ARR of $8M by FY 2024. Investor call on August 31, 2023.
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16.67%
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RocketFuel Announces 15x Increase in Customer Traction from New Products and Customers
Rhea-AI Summary
RocketFuel, Inc. (OTCQB: RKFL) has announced a 15-fold increase in customer traction in 30 days, driven by the successful launch of new products and the acquisition of three large-scale customers. Transaction volume has soared from 110 transactions per day in June 2023 to 1,600 transactions per day in July 2023, representing a growth of approximately 1,500% in a month. The company expects to achieve positive cash flow by September 2023.
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-10%
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RocketFuel and Poncho Brotherz Announce Partnership to Accept Cryptocurrency Payments
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RocketFuel Blockchain to Hold Investor Call on Tuesday, June 20, 2023
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18.18%
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Stock RKFL logo
RocketFuel Blockchain Inc

OTC:RKFL

RKFL Rankings

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RKFL Stock Data

899.02k
22.93M
27.3%
Software Publishers
Information
Link
US
Las Vegas

About RKFL

rocketfuel blockchain, inc. engages in the development of blockchain technology based check-out systems for the e-commerce industry. the company was founded in 2018 and is headquartered in las vegas, nevada.