Rocketdna Ltd. (RKT)

As a micro-cap company with a A$34M market valuation, Rocketdna is positioned as a speculative growth play in the burgeoning drone services industry. The company has successfully transitioned to a recurring revenue model, securing multi-year contracts with tier-1 mining clients like South32 and Anglo American, which provides a degree of revenue visibility. Recent performance has been characterised by strong top-line revenue growth, although the company remains unprofitable as it invests heavily in scaling its operations, technology, and geographical footprint, leading to a consistent cash burn which is typical for a company at this stage.

Rocketdna's growth outlook is tied to three key pillars: expanding its service offerings within its existing blue-chip client base, securing new contracts in its core mining sector, and diversifying into adjacent markets such as agriculture, infrastructure, and energy. Upcoming catalysts will likely be the announcement of significant new multi-year contracts or expansion into a new key geography like North America. The company's strategic direction is focused on leveraging its proprietary AI and data analytics platform to create a technological moat, moving beyond simple data capture to providing high-value, actionable insights for clients, which could improve margins and scalability.