Locafy (LCFY) Q3 2026 earnings summary

Executive summary

• Revenue grew 31% year-over-year for the nine months ended March 31, 2026, driven by strong subscription sales.

• Operating expenses decreased 13% year-over-year, reflecting automation and headcount reduction.

• Net loss improved by $1.3 million, or 36%, compared to the same period last year.

• Preparing to launch the Poseidon AEO SaaS platform in July 2026.

Financial highlights

• Total operating revenue was $3.1 million, up from $2.4 million year-over-year.

• Subscription revenue rose to $3.0 million from $2.2 million, mainly due to the Localizer product.

• Advertising revenue declined to $78,000 from $117,000; services revenue increased to $58,000 from $47,000.

• Other income dropped to $38,000 from $257,000, reflecting lower R&D tax incentive claims.

• Net loss was $2.2 million ($1.16 per share), improved from $3.5 million ($2.19 per share) year-over-year.

Outlook and guidance

• Management expects Poseidon to become a central platform for digital marketing functions for agencies and small businesses.

• Anticipates continued growth in subscription revenue and improved margins as automation initiatives continue.