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Locafy Reports Continued Commercial Expansion of Localizer Platform in U.S. Insurance Sector; 165 State Farm Agents Now Active Across All 50 States

(Moderate)
(Positive)
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Locafy (Nasdaq: LCFY) announced continued commercial expansion of its Localizer platform in the U.S. insurance sector on March 5, 2026, reporting 165 State Farm agents active across all 50 states and more than 200 Localizer deployments including service-area businesses. The company acquired Growth Pro Agency and appointed its CEO, Jason Jackson, as COO, and established a U.S. headquarters in St. Louis, Missouri to scale North American operations and engineering resources for AI search optimization.

Locafy cited partner-led distribution via LoHi Digital, which deployed a five-person insurance sales team, and showcased the platform at the National Agents Network Conference (Feb 11–13, 2026).

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Positive

  • 165 State Farm agents active across all 50 U.S. states
  • >200 Localizer deployments now active including service-area businesses
  • Acquisition of Growth Pro Agency and appointment of Jason Jackson as COO
  • Established U.S. headquarters in St. Louis to support North America expansion

Negative

  • Commercial traction concentrated: 165 agents denotes early adoption scale
  • Go-to-market relies heavily on partner-led distribution (e.g., LoHi Digital)

News Market Reaction – LCFY

-2.77%
1 alert
-2.77% Session close to close
$8.58M Market Cap
0.1x Rel. Volume

In the Mar 5 session, LCFY declined 2.77%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores Locafy’s expanding Localizer footprint in the U.S. insurance market, w...
Analysis

This announcement underscores Locafy’s expanding Localizer footprint in the U.S. insurance market, with 165 State Farm agents and more than 200 deployments, plus a new COO via the Growth Pro Agency acquisition. Recent filings, however, showed FY2025 revenue of A$3.2M and a net loss of A$4.3M. Investors may watch how rising subscription activity, partner sales efforts, and U.S. expansion translate into sustained revenue growth and narrowing losses over time.

Key Figures

State Farm agents on Localizer: 165 agents Active Localizer deployments: more than 200 Insurance sales team size: 5 professionals +5 more
8 metrics
State Farm agents on Localizer 165 agents Independent State Farm agents using Localizer across all 50 U.S. states
Active Localizer deployments more than 200 Total active Localizer deployments including service-area businesses
Insurance sales team size 5 professionals LoHi Digital’s dedicated insurance-focused sales team for U.S. insurance market
Client revenue impact more than $600,000 Revenue generated by a roofing company in first five months after deploying Localizer
Prior State Farm agencies 145 agencies Localizer deployed at 145 independent State Farm agencies as of Dec 17, 2025
Monthly subscription increase A$24,000 (6.3%) Increase in monthly subscription sales vs November 2025
FY2025 total revenue A$3.2M Fiscal year 2025 revenue, down 22.8% year over year
FY2025 net loss A$4.3M Net loss for fiscal year 2025 under IFRS

Historical Context

5 past events · Latest: Jan 16 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jan 16 Partnership expansion Positive +45.4% Expanded U.S. partnership with Experience.com to drive Localizer sales.
Dec 17 Commercial update Positive -1.9% Reported continued commercial growth and rising State Farm Localizer adoption.
Nov 12 Earnings results Negative -2.8% FY2025 revenue decline and wider net loss alongside Localizer launch details.
Nov 06 Momentum update Positive +0.5% Strong commercial momentum from ~150 Localizer subscriptions and SAB trials.
Sep 25 Sector sales surge Positive +3.1% Rapid Localizer adoption by 74 State Farm agencies boosting recurring revenue.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive commercial updates have often coincided with favorable price reactions, while revenue-pressure or mixed updates have sometimes seen muted or negative moves.

Recent Company History

Over the last six months, Locafy has focused on building Localizer adoption and partner-led distribution. On Sep 25, 2025, rapid insurance-sector uptake drove higher sales. Subsequent updates on Nov 6 and Dec 17, 2025 highlighted growing subscriptions and State Farm agency adoption. Earnings on Nov 12, 2025 showed revenue declines and a wider loss, which weighed on the stock. A partnership expansion on Jan 16, 2026 produced a strong positive reaction. Today’s news extends that commercial expansion narrative into insurance and U.S. operations.

Key Terms

software-as-a-service, local seo, programmatic page solutions, indexation, +2 more
6 terms
software-as-a-service technical
"a global software-as-a-service technology company specializing in location-based"
Software-as-a-service is software that users access online through a web browser or app while the provider hosts and maintains the program and data, typically for a recurring fee. Investors care because it creates steady, predictable revenue and often high customer retention — like renting a utility rather than buying a machine — which helps forecast cash flow and values a company more consistently over time.
local seo technical
"We evaluated a number of local SEO and programmatic page solutions"
Local SEO is the set of steps a business takes to appear prominently when people search for goods or services in a specific geographic area, like showing up on a neighborhood map or “near me” results. For investors, it matters because better local visibility typically drives more foot traffic and local sales without big advertising spend, acting like a more noticeable storefront in a busy shopping district and potentially boosting revenue and customer acquisition.
programmatic page solutions technical
"We evaluated a number of local SEO and programmatic page solutions"
Programmatic page solutions are automated tools that decide which ads, offers or content appear on a webpage and where they appear, using real-time data to pick the highest-paying or most relevant option. Think of it like a smart vending machine that chooses the best product for each buyer moment; for investors this matters because it can increase a publisher’s advertising revenue, improve user engagement, and reduce manual costs, all of which affect profitability and growth.
indexation technical
"with a strong emphasis on indexation and technical performance."
Indexation is the practice of tying the value of a payment, asset or investment to a published benchmark—commonly a price measure like the consumer price index (inflation) or a market index—so the value is adjusted automatically as that benchmark moves. For investors it helps preserve purchasing power or keep returns aligned with a market standard, like fastening your savings to a ruler that stretches as prices or markets change.
map optimization technical
"Locafy manages everything from citations to map optimization, allowing agencies"
Map optimization is the process of improving digital maps and routing systems so locations, directions and travel times are more accurate and efficient. Think of it like smoothing and updating a paper map and the best route through a city so deliveries arrive faster and navigation apps use less data and battery. For investors, better maps can lower operational costs, boost user adoption of location-based services, and enable new revenue streams in logistics, mobility and advertising.
ai search optimization (aeo) technical
"including additional engineering resources focused on AI search optimization (AEO)."
AI search optimization (AEO) is the practice of arranging and wording digital content so it is more likely to be found and prioritized by artificial-intelligence-driven search tools and virtual assistants. Think of it as organizing a storefront and choosing clear labels so a smart helper can quickly find and recommend your products; for investors, better AEO means corporate announcements, filings and news are more visible to analysts, automated trading systems and retail platforms, which can affect market attention, liquidity and valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LoHi Digital expands insurance-focused sales team as Locafy acquires Growth Pro Agency and appoints Jason Jackson as Chief Operating Officer

PERTH, Australia, March 05, 2026 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a global software-as-a-service technology company specializing in location-based digital marketing solutions, today announced continued commercial expansion of its Localizer platform within the U.S. insurance sector, highlighted by growing adoption among independent insurance agents.

A total of 165 independent State Farm agents are now actively using the Localizer platform across all 50 U.S. states, reflecting continued adoption of Locafy’s technology among service-based businesses seeking to improve local search visibility.

In total, more than 200 Localizer deployments are now active, including service-area businesses (SABs).

The update follows Locafy’s participation in the National Agents Network Conference held in Phoenix, Arizona from February 11–13, where the Company co-sponsored the event and demonstrated the Localizer platform to insurance agents and industry partners.

The Localizer platform enables businesses to capture high-intent local search traffic by programmatically deploying optimized landing pages designed to improve ranking visibility across search engines and emerging AI-driven search platforms.

Partner Sales Expansion
Locafy’s commercial growth within the insurance sector is being supported by partners such as LoHi Digital, a U.S.-based digital marketing and customer acquisition platform focused on helping service-based businesses improve local search visibility and lead generation.

“We are seeing strong demand for the Localizer platform from businesses that depend on local visibility to acquire customers,” said Gavin Burnett, CEO of Locafy. “The growing adoption among independent insurance agents highlights the effectiveness of our technology and the strength of our partner-led distribution strategy.

“Insurance is a highly localized industry where search visibility can directly influence lead generation and customer acquisition. As adoption continues to expand across the United States, we believe the Localizer platform is well positioned to help businesses capture more high-intent search traffic and drive measurable growth.”

LoHi Digital has recently deployed a dedicated insurance-focused sales team of five professionals targeting the U.S. insurance market.

“We evaluated a number of local SEO and programmatic page solutions,” said Danielle DeFrances of LoHi Digital. “What differentiated Locafy was their structured, scalable approach to local landing page creation combined with a strong emphasis on indexation and technical performance. The product felt purpose-built for multi-location and service-based businesses rather than a generic SEO add-on.

“The reporting dashboard provides clear visibility into page deployment, indexation status, and ranking movement. Being able to clearly demonstrate performance improvements makes it easier for agencies to communicate value and maintain transparency with clients.”

DeFrances also noted that demand for improved local visibility continues to grow among businesses competing in highly localized markets.

Strategic Acquisition Strengthens Leadership Team
To support accelerating demand for the Localizer platform, Locafy also acquired Growth Pro Agency, a digital marketing firm focused on lead generation and local search marketing solutions.

As part of the transaction, Growth Pro Agency CEO Jason Jackson has joined Locafy as Chief Operating Officer (COO), strengthening the Company’s operational leadership as it scales adoption of the Localizer platform across key vertical markets. Jackson has extensive experience in agency operations, digital marketing, and customer acquisition.

“The results and reporting dashboard were a key reason we chose Locafy,” said Jackson. “Most SEO platforms operate on monthly or quarterly reporting cycles, but Locafy allows agencies and customers to track progress weekly, which helps keep customers engaged and reduces churn.

“From an operational perspective, the platform’s automation is extremely powerful. Campaigns can be launched in minutes, and once deployed, Locafy manages everything from citations to map optimization, allowing agencies to scale services efficiently.

“We recently worked with a roofing company that launched its business last year. After launching its website and deploying Localizer, the company generated more than $600,000 in revenue within its first five months of operation, with a significant portion of those leads attributed to improved local search visibility.”

Expansion of U.S. Operations
To support its growing commercial activity in North America, Locafy has established a U.S. headquarters in St. Louis, Missouri, and expanded its operational team, including additional engineering resources focused on AI search optimization (AEO).

About Locafy
Founded in 2009, Locafy (Nasdaq: LCFY, LCFYW) is on a mission to accelerate visibility and prominence for local, national, and brand-focused businesses across online and AI search engines through proprietary SEO techniques, technologies, and AI-driven automation. For more information, please visit www.locafy.com.

Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "subject to", "believe," "anticipate," "plan," "expect," "intend," "estimate," "project," "may," "will," "should," "would," "could," "can," the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to the use and adoption of Locafy's products and solutions by partners and parties, the continued adoption of Locafy's solutions in the US and other industries, continued revenue growth, and potential revenues generated from the adoption of Locafy's solutions. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 20-F, filed with the SEC on November 12, 2025, as amended and restated, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact
Matt Glover
Gateway Group, Inc.
(949) 574-3860
LCFY@gateway-grp.com


FAQ

How many State Farm agents are using Locafy Localizer as of March 5, 2026 (LCFY)?

Locafy reports 165 independent State Farm agents actively using Localizer as of March 5, 2026. According to the company, these agents are distributed across all 50 U.S. states, reflecting partner-driven adoption in insurance.

What acquisitions did Locafy (LCFY) announce on March 5, 2026 and who joined the team?

Locafy acquired Growth Pro Agency and named its CEO Jason Jackson as COO. According to the company, the hire strengthens operational leadership to scale Localizer adoption.

How many total Localizer deployments did Locafy report on March 5, 2026 (LCFY)?

Locafy reported more than 200 Localizer deployments active as of March 5, 2026. According to the company, deployments include service-area businesses and insurer-focused customers using programmatic landing pages.

What U.S. infrastructure did Locafy (LCFY) establish to support expansion in 2026?

Locafy established a U.S. headquarters in St. Louis, Missouri and expanded engineering resources. According to the company, this supports North American commercial activity and AI search optimization.

How is Locafy (LCFY) reaching insurance agents in the U.S. market?

Locafy is scaling via partner channels such as LoHi Digital, which deployed a five-person insurance sales team. According to the company, partner-led distribution drove demonstrations at the Feb 11–13 conference.

Did Locafy (LCFY) provide client performance examples tied to Localizer?

Yes; Locafy cited a roofing client that generated $600,000 revenue within five months after deploying Localizer. According to the company, a significant portion of those leads were attributed to improved local search visibility.