How Locate Technologies Is Transforming Delivery with Revenue Growth and Bitcoin Bets

Solid Revenue Growth Amid Mixed Business Performance

Locate Technologies has reported a 5% increase in group revenue for the full fiscal year 2025, reaching $6.0 million. This growth was largely driven by the Locate2u platform, which achieved a record quarterly revenue of $722,000 in Q4, marking a 24% increase over the prior corresponding period. However, the company’s other delivery arm, Zoom2u, experienced an 18% decline in revenue year-on-year, reflecting challenges in the consumer delivery market amid ongoing cost-of-living pressures.

Improved Profitability and Cash Flow

Despite the revenue headwinds in parts of its business, Locate Technologies improved its group EBITDA loss by $628,000 compared to FY24, narrowing the loss to $205,000 for FY25. The Zoom2u segment remained profitable with an EBITDA of $277,000 in Q4, while Locate2u posted a smaller EBITDA loss of $94,000. The company also reported positive cash flow from operating activities in Q4, supported by deferred tax payments and disciplined expense management.

Strategic Capital Raising and Bitcoin Investment

During the quarter, Locate Technologies raised $2.5 million through a combination of placements to wholesale investors and an on-market ATM facility. This capital injection aims to support ongoing technology development and growth initiatives. Notably, the company has continued to allocate excess cash reserves into Bitcoin, increasing its holdings to 12.3 BTC, currently valued at approximately $2.2 million. This move reflects a strategic diversification of treasury assets amid a volatile market environment.

Innovation in Working Capital Management

Locate2u introduced a revenue prepayment solution that allows the company to receive upfront payments for long-term subscription contracts without incurring debt or equity dilution. This innovative financing approach accelerates access to working capital, enabling reinvestment in growth. The solution was successfully deployed for the first time in July 2025, securing $62,500 upfront for a 24-month contract.

Outlook and Operational Efficiency

With operating expenses largely fixed and employment costs accounting for around 60% of total expenses, Locate Technologies is positioned to leverage revenue growth for improved profitability. The company continues to invest heavily in technology, dedicating nearly 30% of its cost base to research and development. Meanwhile, Zoom2u’s performance will be closely watched as it navigates a softer consumer spending environment.