Locafy(US:LCFY) Globenewswireยท2025-11-12 21:10Core Insights - Locafy Limited reported financial results for the fiscal fourth quarter and full year ended June 30, 2025, focusing on its transition to a partner-based sales model and the launch of its Localizer product in the U.S. market [1][10][12]. Financial Performance - Total operating revenue decreased by 31.2% to A$829,000 from A$1.2 million in the comparable year-ago period, primarily due to a 99.3% decline in service-related revenues [12][11]. - Subscription revenues increased by 9.7% to A$801,000 from A$731,000 in the comparable year-ago period, with expectations for strong growth following the launch of Localizer [12][11]. - The net loss for the year 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 prior year [18][24]. Strategic Initiatives - The company transitioned to a partner-centric go-to-market model, allowing Locafy to maintain direct billing relationships with end customers, which enhances cash-flow predictability and aligns sales incentives with performance [5][12]. - Locafy launched Localizer in the U.S. market, generating over A$156,000 in new monthly subscriptions within two months, equating to approximately A$1.9 million in annualized recurring revenue [7][12]. - The introduction of Localizer SAB, aimed at enhancing Google Business Profile rankings for Service Area Businesses, has already seen early adoption among home-services contractors [8][12]. Operational Highlights - A strategic partnership was executed in June 2025 with a leading U.S. reputation and review-management platform, expanding Locafy's addressable market in North America [9]. - The company streamlined its core product offering to focus on local SEO and AI Engine Optimization solutions, enhancing automation and scalability for local businesses [4][12]. - Monthly recurring revenue (MRR) for the fiscal fourth quarter was A$267,000, reflecting a 4.2% increase from the comparable year-ago period [19].