Locafy Limited develops software-as-a-service technology for location-based digital marketing, including search engine optimization products for businesses that depend on local online visibility. Company news commonly covers the Localizer platform, AI-powered SEO and AI search visibility, subscription revenue trends, and product extensions such as Localizer Service Area Business.
Recurring updates also address Locafy’s partner-led go-to-market model, U.S. commercial activity in insurance and home services, enterprise citation-management work, and periodic fiscal results. The company reports on adoption through digital marketing partners, customer-acquisition initiatives, and operating progress tied to recurring SaaS revenue.
Locafy achieved significant milestones in April 2022, surpassing A$500,000 in revenue for the first time, marking over 130% year-on-year growth since April 2021. The number of Resellers increased more than threefold, exceeding 100 as part of an expanding channel partner network across North America, the UK, and Australia. Furthermore, the company noted considerable growth in its customer base, with 44,458 landing pages published, over 58% appearing in top search results.
Locafy Limited (NASDAQ: LCFY, LCFYW) announced that Australian customers can claim a 120% tax deduction on local SEO products due to a new government initiative. This measure affects an estimated 3.6 million small businesses in Australia, aimed at enhancing their online presence post-COVID-19 lockdowns. The initiative is part of a larger A$1 billion package set to run until June 2023. Locafy’s customer base has reportedly more than doubled in five months, as businesses increasingly prioritize search engine visibility.