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Locate Technologies Posts First Positive EBITDA Quarter as Locate2u Revenue Surges

6:54am on Thursday 23rd of April, 2026 AEST Technology
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Locate Technologies Posts First Positive EBITDA Quarter as Locate2u Revenue Surges

6:54am on Thursday 23rd of April, 2026 AEST
Key Points
  • First positive Group EBITDA quarter with NZ$167k profit
  • Locate2u revenue up 42%, now 60% of Group revenue
  • AI integration accelerates engineering releases from weekly to daily
  • Zoom2u revenue declines 11% but remains profitable
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