LOCAFY reports revenue decline in fiscal nine-month 2025 results

Locafy Limited (NASDAQ: LCFY, LCFYW) reported total operating revenue of AUD $2.4 million for the nine months ended March 31, 2025, compared to AUD $2.9 million in the same period last year, according to a press release statement.

The location-based digital marketing software company posted a net loss of AUD $3.5 million, or $2.19 per share, compared to a net loss of AUD $2.1 million, or $1.63 per share, in the prior year period.

Subscription revenue declined to AUD $2.2 million from AUD $2.6 million year-over-year. Advertising revenue decreased to AUD $117,000 from AUD $213,000, while services revenue fell to AUD $47,000 from AUD $126,000 in the comparable period.

Operating expenses increased to AUD $6.0 million from AUD $5.0 million, including a one-time AUD $1.4 million share-based payment expense related to performance rights that subsequently expired. Excluding this adjustment, operating expenses were AUD $4.6 million.

Monthly recurring revenue for the fiscal third quarter was AUD $261,000, up 1% sequentially but down 2% year-over-year.

During the nine-month period, the company launched its AI-powered SEO product suite, including its Localizer product. Locafy signed partnerships with a U.S.-based online reputation platform in June 2025, expanding its listings footprint by approximately 10,000 end users, and became the exclusive APAC syndication partner for Experience.com's review management platform in July 2025.

The company also secured agreements with large U.S. digital agencies and signed a contract to manage business citations for over 1,400 locations across Australia.

Cash and cash equivalents totaled AUD $1.3 million as of March 31, 2025, compared to AUD $275,875 at the beginning of the fiscal year.

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