Quarterly ResultJul 1, 2026, 05:12 PM
Locafy 9-Month Revenue +31%; Net Loss Improves 36%
AI Summary
Locafy reported strong financial results for the first nine months of fiscal 2026, with total operating revenue increasing 31% to AUD 3.1 million and subscription revenues growing 36% to AUD 3.0 million. The company also improved its net loss by 36% to AUD 2.2 million, driven by a 13% decrease in operating expenses. Locafy is preparing for the July 2026 launch of "Poseidon," its advanced AEO SaaS platform.
Key Highlights
- Total operating revenue increased 31% to AUD 3.1 million for the nine months ended March 31, 2026.
- Subscription revenues rose 36% to AUD 3.0 million in the same period.
- Operating expenses decreased 13% year-over-year to AUD 5.2 million.
- Net loss improved 36% to AUD 2.2 million, or AUD 1.16 per share.
- Monthly recurring revenue (MRR) was AUD 399,000, up 53% year-over-year.
- Company is preparing for the launch of its "Poseidon" AEO SaaS platform in July 2026.
Price Impact
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