Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | LOC.ASX (LOC.ASX) |
|---|---|
| Release Time | 29 Oct 2025, 9:26 a.m. |
| Price Sensitive | Yes |
Locate Technologies Advances Toward NZX Listing Milestone
- PDS for Locate NZ Listing lodged with NZX, NZX Regulation does not object
- New Zealand Board appointments strengthen leadership
- Scheme of Arrangement on track for Q2 FY26 completion
- NZD$10 million ATM facility established for capital raising
Locate Technologies Limited (ASX:LOC) has released its Appendix 4C and Quarterly Activities Report for the period ended 30 September 2025. Key highlights include: The company has lodged a Product Disclosure Statement (PDS) for the listing of Locate Technologies Limited (Locate NZ) on the NZX, with NZX Regulation Limited advising that it does not object to the PDS. This listing will represent an important milestone in the Group's evolution, expanding its investor base and positioning the business within a more innovative and supportive regulatory environment. Brett O'Riley and Janine Grainger have joined the Locate NZ Board, bringing deep experience in technology, financial services, and digital asset markets. The Scheme of Arrangement to transition to Locate NZ as the Group's new holding company remains on track for completion in Q2 FY26. Locate NZ has established a new NZD$10 million At-the-Market (ATM) facility, providing flexibility to raise capital directly from the market to strengthen the balance sheet and acquire additional Bitcoin (BTC) in line with Locate NZ's treasury management policy. Locate2u achieved revenue growth of 19% in Q1 FY26 compared to the prior corresponding period, and recorded its first positive EBITDA quarter of $3k. The Zoom2u marketplace experienced softer volumes during the quarter, reflecting a broader slowdown in consumer spending and cost-of-living pressures. Overall, Locate Technologies enters the second quarter with strong operational momentum and a clear focus on executing its BTC treasury strategy and SaaS growth initiatives.
Locate2u revenue growth of 19% in Q1 FY26 compared to the prior corresponding period. Locate2u achieved its first positive EBITDA quarter of $3k.
Locate Technologies remains committed to delivering long-term value through innovation, disciplined capital management, and financial resilience. The company is focused on executing its BTC treasury strategy and SaaS growth initiatives.