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Locafy Ltd - LCFYW STOCK NEWS

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

About Locafy Ltd

Locafy Ltd (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service (SaaS) technology company specializing in local search engine optimization (SEO) and digital publishing solutions. Founded in 2009 and headquartered in Perth, Australia, Locafy is on a mission to revolutionize the US$700 billion SEO industry by providing businesses with fast, automated, and highly effective tools to enhance their online presence and achieve top search rankings.

Core Business Segments

Locafy operates through two primary business segments:

  • Publishing: This segment focuses on leveraging Locafy’s owned digital properties, such as Hotfrog, AussieWeb, and Scoop.com.au, to generate revenue through advertising, business listings, and content publications. These platforms serve as valuable digital assets that drive traffic and visibility for businesses.
  • SEO Agency: In this segment, Locafy applies its proprietary SEO technology to third-party digital properties, enabling clients to optimize their online presence and improve search engine relevance. This includes creating dynamic landing pages, enhancing local search rankings, and delivering measurable traffic growth.

Proprietary Technology and Innovation

Locafy’s competitive edge lies in its proprietary 'entity-based' SEO technology, which automates the creation of optimized content and ensures high visibility in search results. The company’s solutions include:

  • Hotfrog Proximity Page: A dynamic application that integrates with platforms like Yext to create SEO-optimized landing pages for local businesses.
  • Article Accelerator: A programmatic tool designed to combat search engine algorithm changes by optimizing high-value keywords and boosting website traffic for publishers.
  • Keystone Technology: A performance-based pricing model that aligns Locafy’s revenue with the value delivered to clients, ensuring a risk-free approach for businesses investing in SEO.

Market Position and Strategic Partnerships

Locafy operates in a competitive landscape dominated by large players like Google. However, it differentiates itself through strategic partnerships and a focus on niche markets. Collaborations with companies like Yext, diDNA, and Fathom Holdings have enabled Locafy to expand its reach and offer tailored solutions for industries such as real estate, media, and local businesses. By leveraging AI-driven automation and a scalable SaaS model, Locafy is well-positioned to address the growing demand for efficient and cost-effective SEO solutions.

Revenue Model

Locafy’s diversified revenue streams include:

  • Subscription and Licensing Fees: Recurring revenue from clients using Locafy’s SaaS platform.
  • Advertising and Content Monetization: Revenue generated through its owned digital properties.
  • Performance-Based Agreements: A value-based pricing model that ties Locafy’s earnings directly to the measurable results achieved for its clients.

Challenges and Opportunities

While Locafy faces challenges such as adapting to frequent search engine algorithm updates and managing operational costs, its innovative solutions and strategic partnerships provide significant growth opportunities. The company’s focus on automation, AI integration, and scalable publishing solutions positions it as a key player in the evolving SEO landscape.

Conclusion

Locafy Ltd is a transformative force in the SEO and digital publishing industry, offering cutting-edge solutions that empower businesses to dominate search rankings and connect with their target audiences. With a strong foundation in proprietary technology, strategic partnerships, and a diversified revenue model, Locafy continues to drive measurable results for its clients and solidify its position as a leader in local search engine marketing.

Rhea-AI Summary
Locafy Limited (LCFY, LCFYW) reported financial results for the 2024 fiscal first quarter ended September 30, 2023. The company maintained a gross margin of 81%, with a 53% year-over-year decrease in cost of sales. Total operating revenue decreased by 24.3% to $1.1 million, while net loss was $808,000. Despite the decrease in revenue, the company announced strategic partnerships with Method and TransUnion, aiming for profitability in calendar-year 2024.
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Locafy reports 27% increase in total revenue for fiscal 2023
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Locafy Limited reports positive financial results for fiscal year 2023, with a 27% increase in total revenue and gross margin reaching 73.9%. The company highlights reseller wins and the completion of its platform upgrade as key drivers of success. Cost reduction initiatives led to a 52% decrease in cost of sales in the fiscal fourth quarter. Locafy also secured a partnership with a prominent U.S.-based media company for the sale of its Keystone technology. The company received an exception to the Nasdaq Listing Rule regarding stockholders' equity requirements. CEO Gavin Burnett expresses confidence in the company's growth strategy and profitability.
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Locafy announces strategic commercial partnership with TransUnion to boost publishing network by 34% and automate SEO products based on listing content.
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Locafy achieves growth surge after partnering with Method, an Australian digital marketing agency specializing in website development, SEO, social media strategy, branding, and copywriting.
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Locafy to present at H.C. Wainwright Global Investment Conference
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Locafy has regained compliance with Nasdaq's stockholders' equity requirement, granted exception until October 31, 2023. Believes compliance is due to cost-cutting measures and successful trials of Keystone SEO technology agreement. Must file annual report by October 31, 2023, to maintain compliance.
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Locafy acquires additional SEO technology from Jimmy Kelley Digital to enhance its product suite. The new Citation Boost technology will work alongside Locafy's existing software to increase the online visibility of local citations. Locafy's Local Pages solution, which is currently undergoing trials, is expected to have a broader commercial release in Q3 2023.
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FAQ

What is the current stock price of Locafy (LCFYW)?

The current stock price of Locafy (LCFYW) is $7.5 as of March 3, 2025.

What does Locafy Ltd specialize in?

Locafy Ltd specializes in local search engine optimization (SEO) and digital publishing, offering SaaS solutions to enhance online visibility for businesses.

How does Locafy generate revenue?

Locafy generates revenue through subscription and licensing fees, advertising on its digital properties, and performance-based agreements tied to measurable results.

What is Locafy’s proprietary technology?

Locafy’s proprietary technology includes 'entity-based' SEO solutions like the Hotfrog Proximity Page and Article Accelerator, designed to optimize search rankings and drive traffic.

Who are Locafy’s key partners?

Locafy collaborates with companies like Yext, diDNA, and Fathom Holdings to expand its market reach and offer tailored SEO solutions for various industries.

What industries does Locafy serve?

Locafy serves industries such as real estate, media, and local businesses, providing customized SEO and digital marketing solutions.

How does Locafy differentiate itself from competitors?

Locafy differentiates itself through its proprietary entity-based SEO technology, AI-driven automation, and performance-based pricing model.

What challenges does Locafy face in its market?

Locafy faces challenges such as adapting to search engine algorithm updates, managing operational costs, and scaling its solutions effectively.

What is Locafy’s mission?

Locafy’s mission is to revolutionize the $700 billion SEO sector by providing automated, fast, and effective solutions to enhance businesses’ online prominence.
Locafy Ltd

Nasdaq:LCFYW

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