Locafy Boosts Subscription Revenue 36% to AUD 3.0 Million, Cuts Net Loss 36%
LCFY•Locafy’s nine-month fiscal 2026 subscription revenues rose 36% year-on-year to AUD 3.0 million, lifting total operating revenue to AUD 3.1 million and narrowing net loss by 36% to AUD 2.2 million. Monthly recurring revenue rose 53% to AUD 399 000 as operating expenses dropped 13% to AUD 5.2 million ahead of Poseidon's July 2026 launch.
1. Fiscal Nine-Month Performance
Locafy reported total operating revenue of AUD 3.1 million for the nine months ended March 31, 2026, up from AUD 2.4 million a year earlier. Subscription revenues climbed 36% to AUD 3.0 million, while net loss narrowed by AUD 1.3 million, improving 36% to AUD 2.2 million.
2. Recurring Revenue and KPIs
Monthly recurring revenue (MRR) reached AUD 399 000, marking a 53% increase from the prior year and a 9.2% gain from the previous quarter. This growth reflects strong uptake of Locafy’s core SEO/AEO product suite and the recent Localizer launch.
3. Expense Reductions and Cost Structure
Operating expenses fell 13% year-on-year to AUD 5.2 million through automation and headcount reductions. Marketing expenses rose to AUD 504 000 due to higher partner commissions, while share-based payment charges dropped 80% to AUD 278 000.
4. Upcoming Poseidon Platform Launch
Locafy is on track to launch Poseidon, its advanced AEO SaaS platform, in July 2026. Poseidon is designed to integrate local search, online advertising, review management and PR distribution into a single digital marketing solution.
