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Kohl's Stock Up 33%. Locafy LCFY May Be Next Meme Stock
Forbes· 2025-07-23 13:45
Core Viewpoint - Meme stocks, which gained notoriety during the 2021 GameStop saga, are experiencing a resurgence, with significant price movements in stocks like Kohl's and Opendoor Technologies driven by social media activity [1][4]. Group 1: Meme Stock Activity - Shares of Kohl's and Opendoor Technologies have surged following posts on Reddit and X, aimed at boosting heavily shorted shares [3][5]. - Opendoor Technologies saw its stock price increase by 144%, rising from approximately $1 per share [5]. - Kohl's shares also experienced a notable rise, attributed to a post from a user on a subreddit forum [5]. Group 2: Locafy Limited Overview - Locafy Limited, a SaaS company focused on proximity-based search engine optimization, has seen its shares decline by 91% since going public in March 2022 [6]. - The company reported a 28% revenue decline to $518,000 for the quarter ending September 2024, alongside a loss of $36,000 [6]. - Locafy has a significant short interest of nearly 60%, indicating potential for meme stock behavior [4][7]. Group 3: Potential for Growth - The global SEO software market is projected to grow at a compound annual growth rate of 13.5%, from $74.6 billion in 2024 to $154.6 billion by 2030 [12]. - Locafy could benefit from local search demand, as 46% of Google searches have local intent, and 76% of consumers visit a business within a day of a local search [12]. - Recent strategic partnerships have the potential to expand Locafy's reach to approximately 10,000 end users, generating over $35,000 in new monthly recurring revenue [12]. Group 4: Challenges and Risks - Locafy faces liquidity concerns, with a current ratio of 0.92, indicating potential difficulties in meeting short-term obligations [12]. - The company is also dealing with intense competition from larger SEO software firms, which may hinder its growth prospects [12]. - High volatility is evident in Locafy's stock, with a beta of 1.82, making it 82% more volatile than the S&P 500 [12].
Experience.com Partners with Locafy to Redefine Local Digital Marketing in APAC
Globenewswire· 2025-07-10 12:00
Core Insights - Experience.com has partnered with Locafy Limited to enhance local marketing solutions in the APAC region, combining review management with AI-driven local search optimization [1][2][6] - The partnership aims to provide an all-in-one platform for professionals and tradespeople to improve their online presence and consumer engagement [3][5] - Locafy's technology, including its patented Local Boost, will facilitate the automation of landing pages and management of local business listings, leveraging a database of over 1.2 million businesses in Australia [4][9] Company Overview - Experience.com is recognized as a leader in customer experience and reputation management, catering to a diverse market including local professionals and multi-location brands [7][8] - Locafy, a SaaS company founded in 2009, focuses on local search engine marketing and aims to transform the $700 billion SEO sector through enhanced visibility and search relevance [9]
Locafy Launches AI-Driven SEO Product Suite for FY26
Globenewswire· 2025-07-07 13:40
Core Insights - Locafy Limited has launched its FY26 suite of AI-powered SEO products aimed at enhancing visibility across organic, AI, and marketplace search results [1][3] - The company has successfully automated the creation of AI-search-ready landing pages, which opens new monetization opportunities [4][11] - Locafy emphasizes the importance of online business listings as a foundation for Local SEO, with over 9.68 million listings in the U.S. alone [5][7] Product Offerings - **Online Business Listings**: Locafy publishes over 9.5 million listings in the U.S. and is focused on partnerships and potential acquisitions to expand its database [5][7] - **Local SEO**: The flagship product, Localizer, combines listing syndication, AI-search optimization, review management, and Google Map Pack enhancement, starting at approximately $690/month [9] - **AI-powered Engagement Tools**: The company has developed an AI Voice Concierge that functions as a virtual receptionist and customer service agent, capable of learning from business documents [10][11] Market Potential - The Total Addressable Market (TAM) for Local SEO solutions in key markets (USA, Canada, Australia, UK) exceeds 40 million businesses [6] - Locafy currently hosts over 63 million business listings globally, with a direct sales opportunity of more than 11.4 million listings [7] Strategic Focus - Locafy is prioritizing AI Search advancements as a scalable revenue opportunity, with significant automation already in place [12] - The company aims to revolutionize the $700 billion SEO sector by improving search engine relevance and visibility through its automated platform [13]
Locafy Receives Nasdaq Notification Regarding Delayed Filing of Interim Financials
Globenewswire· 2025-07-03 12:00
Core Points - Locafy Limited has received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(2) due to the failure to file an interim balance sheet and income statement for Q2 ended December 31, 2024 [1][2] - The company has 60 calendar days, until September 1, 2025, to submit a compliance plan, which, if accepted, could grant an extension of up to 180 days to regain compliance [2] - Locafy is actively working to complete the required filing and plans to submit a compliance plan within the specified timeframe [3] Company Overview - Locafy is a software-as-a-service (SaaS) technology company specializing in local search engine marketing, founded in 2009 [4] - The company aims to revolutionize the US$700 billion SEO sector by enhancing search engine relevance and visibility for businesses through an automated platform [4]
Locafy Partners with Leading U.S. Reputation Platform - Plans to Scale Deployment of “AI-Ready” Search Solutions
Globenewswire· 2025-06-27 12:00
Core Insights - Locafy Limited has entered a strategic partnership to syndicate business listings for a premium segment of the partner's client base, which includes real estate agents and mortgage brokers, expanding its U.S. business listing syndication by approximately 10,000 end users [1][2] - The partnership allows for broader adoption of Locafy's AI search and engagement tools, enhancing the partner's service offerings [2][5] - Locafy's AI search readiness has been tested across major platforms, with its landing pages being cited as primary sources, indicating the effectiveness of its technology [3][4] Company Overview - Locafy is a software-as-a-service (SaaS) technology company specializing in local search engine marketing, aiming to revolutionize the US$700 billion SEO sector [6] - The company provides automated solutions to improve search engine relevance and visibility for businesses in proximity-based searches [6] Strategic Goals - The partnership is part of Locafy's strategy to deepen relationships with complementary technology providers and expand internationally [5] - The company aims to deliver high-value digital marketing solutions that help customers thrive in a search-first world [5]
Locafy to Present at the AI & Technology Virtual Investor Conference April 3rd
Newsfilter· 2025-04-01 13:24
Core Insights - Locafy Limited, a leader in location-based digital marketing solutions, will present at the AI & Technology Virtual Investor Conference on April 3, 2025, at 9:00 a.m. Eastern Time [1] - CEO Gavin Burnett will discuss the company's proprietary entity-based SEO technology and its role in enhancing visibility on traditional and AI-powered search platforms [2] Company Overview - Locafy is a software-as-a-service technology company founded in 2009, specializing in local search engine marketing, aiming to revolutionize the US$700 billion SEO sector [4] - The company focuses on helping businesses increase search engine relevance and prominence through a fast, easy, and automated approach [4] Upcoming Innovations - The presentation will include a preview of Locafy's upcoming AI Chat and Voice Bot solutions, which are designed to enhance customer engagement and drive conversions [2] - The company is pursuing a global scaling strategy through strategic partnerships and a subscription-based business model [2] Event Details - The conference will be an interactive online event allowing real-time questions from investors, with an archived webcast available for those unable to attend live [3]
Locafy to Present at the AI & Technology Virtual Investor Conference April 3rd
GlobeNewswire News Room· 2025-04-01 13:24
Core Insights - Locafy Limited is a leader in location-based digital marketing solutions, focusing on SEO capabilities and addressing the evolving online and AI search landscape [1][2] - The company will present its proprietary entity-based SEO technology that enhances visibility on traditional and AI-powered search platforms [2] - Upcoming AI Chat and Voice Bot solutions are part of Locafy's strategy to improve customer engagement and drive conversions [2][4] Company Overview - Locafy, founded in 2009, specializes in local search engine marketing and aims to revolutionize the $700 billion SEO sector [4] - The company provides a fast, easy, and automated approach to increase search engine relevance for businesses [4] Event Details - CEO Gavin Burnett will present at the AI & Technology Virtual Investor Conference on April 3, 2025, at 9:00 a.m. Eastern Time [1][2] - The event will be interactive, allowing real-time questions from investors, with an archived webcast available afterward [3]
Locafy Limited Highlights Growth and Strategic Partnerships in Recent Investor Presentations
GlobeNewswire News Room· 2025-02-19 13:00
Core Insights - Locafy Limited is a leader in location-based digital marketing solutions, focusing on enhancing SEO capabilities for businesses [1][7] - The company recently engaged in investor presentations to showcase its strategic initiatives and business developments [1] Group 1: Partnerships and Collaborations - Locafy partnered with Fathom Holdings to improve digital presence for real estate professionals through advanced SEO solutions [2] - The collaboration utilizes Locafy's Localizer technology to enhance search engine rankings and lead generation for real estate agents [2][3] - Insights shared during the presentations highlighted the integration of Locafy's local SEO solutions into Fathom's technology ecosystem, increasing visibility and engagement [3] Group 2: Growth Strategies and Market Position - Locafy is positioned to capitalize on the growing demand for effective local SEO solutions, particularly in the real estate sector [6] - The company aims to revolutionize the US$700 billion SEO market by providing automated and efficient search engine marketing solutions [7] - Locafy is actively participating in industry events, such as the Planet MicroCap Showcase, to engage with investors and showcase its growth strategies [5] Group 3: Technological Innovations - Locafy's proprietary local SEO technology is designed to help businesses achieve high Google rankings with minimal effort [9] - The company is focusing on AI-driven search innovations to stay at the forefront of the evolving SEO industry [9]
Locafy Introduces Localizer, a Powerful Solution to Boost Local Search Visibility and Drive Partner-Led Growth
Globenewswire· 2025-02-13 13:00
Core Insights - Locafy Limited has launched Localizer, a solution aimed at enhancing online visibility and local search rankings for businesses [1][2] - The company is transitioning to a partner-led model, empowering partners to manage client relationships while Locafy oversees technology delivery [4][5] - Localizer is designed to optimize businesses' presence across multiple digital platforms, targeting various consumer search intents [6][9] Company Strategy - The transition to a partner-led model is expected to create a scalable approach, reducing fixed costs and incentivizing revenue generation [4][5] - Key sales personnel have shifted from salaried roles to partners, resulting in a reduction of over $25,000 in monthly costs and generating more than $35,000 in new monthly recurring revenue [5][8] - The company aims to complete the transition of all existing resellers by the end of the March quarter [10] Product Features - Localizer employs a four-step approach to enhance local SEO, including syndicating business listings, deploying optimized landing pages, enhancing Google Business Profile visibility, and publishing relevant articles [6][9] - The solution is particularly beneficial for multi-location businesses, providing a cost-efficient and comprehensive digital marketing strategy [7][8] Market Context - With 46% of Google searches focused on local products and services, businesses not appearing on the first page of search results are missing significant revenue opportunities [2] - The local SEO market is part of a larger $700 billion SEO sector, indicating substantial growth potential for Locafy's offerings [11]
Locafy Launches Strategic Partner Program with Announcement of Unique Point Partnership and Highlights Resellers Transitioning to Strategic Partner Program
Globenewswire· 2025-01-17 13:00
Core Insights - Locafy Limited has launched an enhanced Partner Program, shifting from a reseller model to a focus on direct customer relationships and partnerships with industry leaders [1][2][3] - The new program aims to create a sustainable ecosystem that benefits partners, clients, and shareholders by collaborating with established leaders in key verticals such as real estate and home services [3][4] Company Strategy - The Partner Program represents a significant evolution in Locafy's go-to-market strategy, emphasizing direct engagement with customers and category leaders [2][3] - The partnership with Unique Point, a digital marketing agency, exemplifies the caliber of partnerships Locafy is establishing to drive growth [4][5] Market Impact - The partnership with Unique Point has already shown success, achieving multiple Page 1 rankings for high-value keywords within 30 days for several clients [5] - The program is designed to transition existing resellers into partners, which is expected to reduce credit risk and enhance revenue generation [7]