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Locafy Limited - LCFYW STOCK NEWS

Welcome to our dedicated news page for Locafy (Ticker: LCFYW), 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.

News
Locafy Announces New Value-Based SEO Pricing Model
Rhea-AI Summary
Locafy (LCFY) introduces innovative value-based pricing model for its SEO product to drive increased recurring subscription revenues. Successful trials show significant added advertising value and increased revenue potential for clients. The company aims to capture a share of the global online advertising market dominated by Google.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
none
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News
Locafy Reports Fiscal First Half 2024 Results
Rhea-AI Summary
Locafy reports a $3.6 million year-over-year decrease in operating expenses in the fiscal first half of 2024. The company highlights partnerships with diDNA and Localista, along with the launch of Hotfrog Proximity Page application. Financial results show a 28.3% decrease in total operating revenue, with subscription revenue down by 34.4%. Operating expenses decreased by 51.6%, resulting in a net loss of $1.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.11%
Tags
earnings
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News
Locafy Launches Hotfrog Proximity Page Application Built in Collaboration with Yext
Rhea-AI Summary
Locafy (LCFY) announces the launch of Hotfrog Proximity Page, a collaboration with Yext to enhance online presence and drive traffic. The application combines Yext Content with Locafy's SEO technology to create dynamic landing pages for local businesses. Partners are currently piloting the application with a broader rollout expected in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
none
News
Locafy Announces Partnership Agreement with diDNA to Enhance Digital Property Portfolio with Leading Advertising Technology
Rhea-AI Summary
Locafy Limited partners with diDNA to enhance digital properties and promote Article Accelerator technology to publishers, aiming to maximize revenue and readership. The agreement includes deploying diDNA software across Locafy's directories and recent acquisitions, with a focus on revitalizing underperforming websites and increasing advertorial visibility in search results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
partnership
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News
Locafy Signs Series of Commercial Agreements with Localista
Rhea-AI Summary
Locafy Limited announces agreements with Localista to acquire digital assets of Scoop, provide SEO consulting services, and add Localista's sales team as a reseller. The deal aims to enhance Locafy's online presence and expand its product offerings in the Australian lifestyle and travel market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Locafy Regains Compliance with Nasdaq Stockholders’ Equity Requirement
Rhea-AI Summary
Locafy Limited (Nasdaq: LCFY, LCFYW) regained compliance with Nasdaq Listing Rule 5550(b)(1) for the minimum stockholders' equity requirement of $2,500,000 on October 31, 2023. The company will be subject to a mandatory panel monitor for one year from that date. Locafy had previously received a Notice from Nasdaq on March 31, 2022, regarding non-compliance with the Stockholders' Equity Requirement, but was granted an exception by the Panel in August 2023, subject to certain conditions. The company filed an Annual Report on Form 20-F for the year ended June 30, 2023, by October 31, 2023, demonstrating compliance with the Stockholders' Equity Requirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.16%
Tags
none
News
Locafy Announces First Subscription Contract from Agreement with U.S.-Based Media Publisher
Rhea-AI Summary
Locafy Limited (Nasdaq: LCFY, LCFYW) has received its first order from a large advertising agency to utilize its Article Accelerator SEO technology, following a successful trial period with a U.S.-based media publisher. The company's CEO, Gavin Burnett, expressed confidence in the technology's ability to rapidly improve online rankings and capture a substantial customer set, potentially creating recurring revenue opportunity tailwinds for Locafy's business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none
-
News
Locafy Announces First Trial Results from Preliminary Article Accelerator Implementation for U.S.-Based Media Publisher
Rhea-AI Summary
Locafy Limited (LCFY) announces promising results from the first round of preliminary trials of Locafy Article Accelerator, a media publisher-specific product based on Locafy's Keystone technology. The U.S.-based media publisher, one of the largest in the U.S., implemented Article Accelerator for a series of trials, resulting in significant increases in impression and visitor counts, volume of keywords ranked, and click-through-rate. Locafy is confident in the potential of Article Accelerator to impact individual articles in highly competitive industries and markets, aiming to expand the potential customer bases of media organizations and unlock an untapped market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.88%
Tags
earnings
-
News
Locafy Reports Fiscal First Quarter 2024 Results
Rhea-AI Summary
Locafy Limited (LCFY, LCFYW) reported financial results for the 2024 fiscal first quarter ended September 30, 2023. The company maintained a gross margin of 81%, with a 53% year-over-year decrease in cost of sales. Total operating revenue decreased by 24.3% to $1.1 million, while net loss was $808,000. Despite the decrease in revenue, the company announced strategic partnerships with Method and TransUnion, aiming for profitability in calendar-year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.88%
Tags
earnings
News
CORRECTION -- Locafy Reports Fiscal Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Locafy reports 27% increase in total revenue for fiscal 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
earnings
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Locafy Limited

Nasdaq:LCFYW

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