Locafy(US:LCFY)2025-11-12 21:10Revenue Performance - Total operating revenue for Q4 2025 decreased by 31.2% to A$829,000 from A$1.2 million in Q4 2024, primarily due to a 99.3% decline in service-related revenues[11] - Subscription revenues increased by 9.7% to A$801,000 from A$731,000 in the comparable year-ago period, with strong growth anticipated from the recently launched Localizer product[11] - Monthly recurring revenue (MRR) for Q4 2025 was A$267,000, reflecting a 4.2% increase year-over-year and a 2.4% increase from Q3 2025[21] - Revenue for the three months ended June 30, 2025, was AUD $828,571, while total revenue for FY2025 reached AUD $4,151,088, indicating a significant year-over-year performance[27] Loss and Expenses - The net loss for the fiscal year 2025 was A$4.3 million, or A$2.63 per diluted share, compared to a net loss of A$1.9 million, or A$1.49 per diluted share, in the previous year[20] - Operating expenses increased by 58.1% to A$1.7 million from A$1.1 million in the comparable year-ago period, largely due to share-based payment expenses[14] - Operating loss for the three months ended June 30, 2025, was AUD $790,960, with a total loss before income tax of AUD $835,248 for the same period[27] - The company reported a basic loss per share of AUD $0.46 for the three months ended June 30, 2025, and a diluted loss per share of AUD $0.46[27] Cash Flow and Assets - Cash and cash equivalents at the end of the period were AUD $594,671, a decrease from AUD $1,286,175 at the beginning of the period[31] - Receipts from customers for the three months ended June 30, 2025, amounted to AUD $1,228,333, while payments to suppliers and employees totaled AUD $865,092[31] - Net cash used by operating activities for the three months ended June 30, 2025, was AUD $182,582, compared to a net cash outflow of AUD $688,667 for FY2025[31] - Total assets as of June 30, 2025, were AUD $5,827,095, while total liabilities stood at AUD $2,001,418, resulting in net assets of AUD $3,825,677[29] Product and Market Development - In less than two months after launching Localizer in the U.S. market, the product generated over A$156,000 in new monthly subscriptions, equating to approximately A$1.9 million in annualized recurring revenue[12] - The company transitioned to a partner-centric go-to-market model, enhancing cash-flow predictability and aligning sales incentives with performance[12] - The company entered fiscal 2026 with a strong foundation for scalable growth, supported by an expanding U.S. partner network and a leaner operational structure[12] Advertising and Services Revenue - Advertising revenue decreased by 43.9% to A$141,000 from A$251,000 in the comparable year-ago period, impacted by changes in Google's advertising program[14] - Services revenue decreased by 91.1% to A$50,000 from A$561,000 in the comparable year-ago period, due to the non-recurrence of high-volume service work[14] Investment and Financing - Capitalized development costs for the three months ended June 30, 2025, were AUD $631,654, reflecting ongoing investment in R&D[31] - The company issued shares resulting in proceeds of AUD $3,259,448 during FY2025, contributing to financing activities[31] - The company experienced a foreign exchange loss of AUD $34,235 for the three months ended June 30, 2025, impacting overall financial performance[27]