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Locafy Limited - LCFY STOCK NEWS

Welcome to our dedicated news page for Locafy (Ticker: LCFY), a resource for investors and traders seeking the latest updates and insights on Locafy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Locafy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Locafy's position in the market.

Rhea-AI Summary
Locafy Limited reports positive financial results for fiscal year 2023, with a 27% increase in total revenue and gross margin reaching 73.9%. The company highlights reseller wins and the completion of its platform upgrade as key drivers of success. Cost reduction initiatives led to a 52% decrease in cost of sales in the fiscal fourth quarter. Locafy also secured a partnership with a prominent U.S.-based media company for the sale of its Keystone technology. The company received an exception to the Nasdaq Listing Rule regarding stockholders' equity requirements. CEO Gavin Burnett expresses confidence in the company's growth strategy and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
-
Rhea-AI Summary
Locafy announces strategic commercial partnership with TransUnion to boost publishing network by 34% and automate SEO products based on listing content.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
partnership
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Rhea-AI Summary
Locafy achieves growth surge after partnering with Method, an Australian digital marketing agency specializing in website development, SEO, social media strategy, branding, and copywriting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.2%
Tags
partnership
Rhea-AI Summary
Locafy to present at H.C. Wainwright Global Investment Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
conferences
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Rhea-AI Summary
Locafy has regained compliance with Nasdaq's stockholders' equity requirement, granted exception until October 31, 2023. Believes compliance is due to cost-cutting measures and successful trials of Keystone SEO technology agreement. Must file annual report by October 31, 2023, to maintain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.92%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.2%
Tags
none
Rhea-AI Summary
Locafy acquires additional SEO technology from Jimmy Kelley Digital to enhance its product suite. The new Citation Boost technology will work alongside Locafy's existing software to increase the online visibility of local citations. Locafy's Local Pages solution, which is currently undergoing trials, is expected to have a broader commercial release in Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.01%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.86%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.86%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
Tags
Locafy Limited

Nasdaq:LCFY

LCFY Rankings

LCFY Stock Data

4.98M
981.15k
22.44%
0.01%
0.39%
Software Publishers
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Australia
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