Initiated the transition to a global publishing business powered by proprietary, world-class SEO technologyCompleted operational cost-cutting and product automationFinalized strategy to enter enterprise publishing, targeting high-value niche content sites PERTH, Australia, Nov.12, 2024 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) ("Locafy” or the "Company”), a globally recognized software-as-a-service technology company specializing in ”entity-based” search engine optimization (SEO), today reported financial results for the 2025 fiscal first quarter ended September 30, 2024.
Monthly recurring revenue (MRR) for the 2025 fiscal first quarter was $256,000, a 28.7% decrease from the comparable year-ago period and a slight increase compared to the 2024 fiscal first quarter.
"Looking ahead, we expect the full impact of our technology and automation to drive accelerated growth in the coming quarters, enabling us to expand our market reach and strengthen our recurring revenue streams.” 2025 Fiscal First Quarter Financial ResultsResults compare the 2025 fiscal first quarter end (September 30, 2024) to the 2024 fiscal first quarter end (September 30, 2023) unless otherwise indicated.
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