Locafy Ltd

Locafy Ltd. engages in commercialization of developed technologies; extension of the technology into local search solutions; and the continual acquisition of businesses complimentary to technology and commercial model. The firm focuses on commercializing Software as a Service (SaaS) online publishing technology platform. It operates through the following operating segments: Publishing, Direct Sale, and Channel Sales. The Publishing segment is involved in publishing business and product profiles on its online directory properties. The Direct Sale segment includes direct sales, support, and billing to end user customers. The Channel Sales segment offers services through third party resellers and partners. The company was founded by Gavin Burnett on April 23, 2009 and is headquartered in Subiaco, Australia.

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Locafy Ltd. engages in the commercialization of developed technologies; extension of the technology into local search solutions; and the continual acquisition of businesses and assets complimentary to technology and commercial model. The firm focuses on commercializing Software as a Service (SaaS) online publishing technology platform. It operates through the following operating segments: Publishing, Direct, and Reseller. The Publishing segment is involved in publishing business and product profiles on its online directory properties. The Direct segment includes direct sales, support, and billing to end user customers. The Reseller segment offers services through third party resellers and partners. The company was founded by Gavin Burnett on April 23, 2009 and is headquartered in Subiaco, Australia.

Company Striving Towards Near-Term Profitability Following Go-to-Market Approach Revamp and Cost Reduction Initiatives

Locafy Reports Fiscal Third Quarter 2024 Results

Innovative Pricing Expected to Boost Revenues through Increased Sales Velocity, Scalability, and Subscription Revenue Opportunity

Locafy Announces New Value-Based SEO Pricing Model

Fiscal First Half 2024 Highlighted by Ongoing Cost Reduction Initiatives Resulting in $3.6 Million Year-Over-Year Decrease in Operating Expenses

Locafy Reports Fiscal First Half 2024 Results

PERTH, Australia, March 25, 2024 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in programmatic “Entity-Based” search engine marketing, today announced the launch of Hotfrog Proximity Page, an application built in partnership with Yext (NYSE: YEXT), the leading digital presence platform for multi-location brands.

Locafy Launches Hotfrog Proximity Page Application Built in Collaboration with Yext

diDNA to Provide Advertising Technology and Services to Help Enhance Locafy's Portfolio of Digital Properties; diDNA to Also Promote Locafy's Article Accelerator to Large Publisher Network diDNA to Provide Advertising Technology and Services to Help Enhance Locafy's Portfolio of Digital Properties; diDNA to Also Promote Locafy's Article Accelerator to Large Publisher Network

Locafy Announces Partnership Agreement with diDNA to Enhance Digital Property Portfolio with Leading Advertising Technology

Locafy and Localista Sign Agreements for Locafy to Acquire the Digital Assets of Scoop, Provide SEO Consulting Services, and Add Localista's Sales Team as an Article Accelerator Reseller Locafy and Localista Sign Agreements for Locafy to Acquire the Digital Assets of Scoop, Provide SEO Consulting Services, and Add Localista's Sales Team as an Article Accelerator Reseller

Locafy Signs Series of Commercial Agreements with Localista

Locafy Article Accelerator, Based on Locafy's Keystone Technology, Displays Promising Results in First Round of Preliminary Trials

Locafy Announces First Trial Results from Preliminary Article Accelerator Implementation for U.S.-Based Media Publisher

Fiscal First Quarter 2024 Highlighted by Strategic Partnerships, Maintained Gross Margin of 81%, and 53% Year-Over-Year Cost of Sales Decrease

Locafy Reports Fiscal First Quarter 2024 Results

PERTH, Australia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline on October 11th, 2023 by Locafy Limited (NASDAQ: LCFY, LCFYW), please note that certain figures and wording found in the tables have been updated. The corrected release follows:

CORRECTION -- Locafy Reports Fiscal Fourth Quarter and Full Year 2023 Results

Fiscal 2023 Highlighted By 27% Total Revenue Increase and Gross Margin Increase to 73.9% Positive Results Driven by Several Reseller Wins and the Completion of Locafy's Platform Upgrade PERTH, Australia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today reported financial results for the 2023 fiscal fourth quarter and full year ended June 30, 2023. All financial results are reported in Australian Dollars (AUD).

Locafy Reports Fiscal Fourth Quarter and Full Year 2023 Results

Australian Digital Marketing Agency Achieves Growth Surge After Connecting Locafy's Products Australian Digital Marketing Agency Achieves Growth Surge After Connecting Locafy's Products

Locafy Announces Enterprise Partnership with Method

PERTH, Australia, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, is scheduled to present and hold virtual one-on-one meetings as part of the H.C. Wainwright 25th Annual Global Investment Conference being held from September 11-13, 2023.

Locafy to Present at the H.C. Wainwright 25th Annual Global Investment Conference

Contract Includes Deployment of Locafy's Newly Released Keystone Technology Contract Includes Deployment of Locafy's Newly Released Keystone Technology

Locafy Announces Enterprise Contract with Marketing & Advertising Agency to Utilize Locafy's Products

Struggling on life support, search engine marketing specialist Locafy (NASDAQ: LCFY ) is facing delisting from the Nasdaq Exchange due to non-compliance with its minimum shareholders' equity requirement of at least $2.5 million. However, management confirmed that it requested a determination hearing, possibly buying the company time.

Why Is Locafy (LCFY) Stock Up 9% Today?

Why Is Locafy (LCFY) Stock Down 6% Today?

PERTH, Australia, June 22, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today announced today announced that on June 21, 2023, the Company received notice from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Capital Market (“Nasdaq”) indicating that, based upon the Company's continued non-compliance with Nasdaq's minimum stockholders' equity requirement of at least $2.5 million under Nasdaq Listing Rule 5550(b)(1), as of June 30, 2023, the Company's securities would be subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). Further, as of June 21, 2023, the Company did not meet the alternative compliance standards relating to the market value of listed securities of $35 million or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.

Locafy Announces Receipt of Nasdaq Listing Determination; Company to Request Hearing

Third Quarter 2023 Highlighted by 39% Year-Over-Year Total Revenue Increase and Quarterly Gross Margin Record of 77.6%

Locafy Reports Fiscal Third Quarter 2023 Results

PERTH, Australia, June 13, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today announced that it has officially launched Trinity, a new SEO platform solution expected to provide Locafy customers with improved functionality, flexibility, and performance.

Locafy Announces Official Trinity Platform Launch

PERTH, Australia, March 24, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, received a letter (the “Letter”) on March 21, 2023 from The Nasdaq Stock Market (“Nasdaq”) informing the Company that it failed to maintain the minimum stockholders' equity required for continued listing (the “Stockholders' Equity Requirement”) on Nasdaq under Nasdaq Listing Rule 5550(b)(1).

Locafy Receives Non-Compliance Notice Regarding Nasdaq Minimum Stockholder's Equity Requirement

First Half 2023 Highlighted by 58% Total Revenue and 40% MRR Increases Year-Over-Year

Locafy Reports Fiscal First Half 2023 Results

PERTH, Australia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or “the Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today announced that it will be presenting at the Coffee Microcaps Morning Meeting on Thursday, March 2, 2023 at 10:00 a.m. AEDT (Wednesday, March 1, 2023 at 6:00 p.m. ET). Locafy CEO Gavin Burnett will be hosting the presentation and answering questions at its conclusion.

Locafy to Present at the Coffee Microcaps Morning Meeting on Thursday, March 2, 2023

Locafy Included Among Five Finalists in the Best Software as a Service (Outside USA) Category Locafy Included Among Five Finalists in the Best Software as a Service (Outside USA) Category

Locafy Named a Finalist in the 2022-2023 Cloud Awards

Management Expects to Achieve Profitability in FQ4 of 2023 Based on Completed Integration of Jimmy Kelley Digital, Recent Product Launches, and Streamlined Internal Processes Management Expects to Achieve Profitability in FQ4 of 2023 Based on Completed Integration of Jimmy Kelley Digital, Recent Product Launches, and Streamlined Internal Processes

Locafy Announces Updated Profitability Timeline for FY 2023

PERTH, Australia, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") on December 22, 2022 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on the Nasdaq Capital Market and that the matter is now closed.

Locafy Regains Compliance with Nasdaq Minimum Bid Price Requirement

A 1-for-20 reverse split of Locafy (LCFY) stock has gone into effect. These are the details.

News for Locafy Ltd Stock (LCFY)