Monitor for closing conditions (board approval, no MAC) by December 31, 2026. Post-close, watch integration progress and whether the acquired business achieves the 2027 revenue target of $3.85M (92% growth vs. $2.0M) to trigger the first $500k earnout.
Price Chart
Executive Summary
Locafy announced a definitive agreement to acquire the assets and customer base of Map Labs, a U.S. maps marketing software business, for up to $3.0 million in cash. The deal adds approximately $2.0 million in ARR and $900k in EBIT (45% margin) at a 2.2x EBIT valuation, funded primarily through debt with no equity issuance. Closing is expected by December 31, 2026, subject to board approval and no material adverse change.
Key Facts
- Total consideration up to $3.0 million: $2.0 million upfront at settlement, plus up to $1.0 million contingent on revenue targets ($500k if 2027 revenue exceeds $3.85M, $500k if 2028 revenue exceeds $4.76M)
- Map Labs expected to generate ~$2.0M ARR and ~$900k EBIT in CY2026, implying ~45% EBIT margin and ~2.2x EBIT valuation
- Acquisition funded primarily through a debt facility; no Locafy securities issued as consideration
- Map Labs serves 10,000+ end customers including a Fortune 100 company (Humana), creating cross-selling opportunities for Locafy's AEO and SEO products
- Settlement Date is December 31, 2026; transaction subject to board approval and no material adverse change
Financial Impact
Adds ~$2.0M ARR and ~$900k EBIT to Locafy; total cash consideration up to $3.0M with $2.0M upfront; valuation at ~2.2x EBIT
Risk Factors
- Transaction subject to board approval and no material adverse change — could be terminated if conditions not met
- Revenue targets require aggressive growth (92% in 2027, 138% in 2028 vs. $2.0M base) — earnout may not be achieved
- Integration risk: combining operations and cross-selling may not materialize as expected
- Debt financing increases leverage; no details on terms provided
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001493152-26-045884 |
| Exhibit: ex99-1.htm | 0001493152-26-045884 |
| Document: form6-k.htm | 0001493152-26-045884 |
| Document: 0001493152-26-045884-index-headers.html | 0001493152-26-045884 |
| Document: 0001493152-26-045884-index.html | 0001493152-26-045884 |
| Document: 0001493152-26-045884.txt | 0001493152-26-045884 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | 6-K | $2.05 $1.42 | ▼ −30.67% | ▼ −30.53% | $1.14 (−44.39%) |
Oct 6, 2026 21d ago | Press Release | $2.05 $1.42 | ▼ −30.67% | ▼ −30.53% | $1.14 (−44.39%) |
Aug 28, 2026 8w ago | EFFECT | $2.45 $2.51 | ▼ −2.58% | ▼ −2.47% | $1.14 (+53.47%) |
Mar 5, 2026 33w ago | Press Release | $4.57 $4.60 | ▲ +0.66% | ▲ +2.89% | $1.14 (−75.05%) |
US Market Status
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