Locafy Limited (LCFYW)

Locafy Limited: Comprehensive Company Analysis

Company Profile:

History and Background:

Locafy Limited is a small-cap company incorporated on January 24, 2014, in Nevada. Originally named CFB Pharmaceuticals, Inc., the company later changed its name to Locafy Limited in September 2019. It is currently headquartered in San Antonio, Texas, with 151 employees.

Core Business Areas:

Locafy is a diversified holding company with interests in various industries, making it difficult to summarize its core focus. Its current business segments include:

• Automotive: Owning and managing dealerships in San Antonio and Austin, Texas.
• Technology: Investing in and developing proprietary technology solutions for various applications across its business units.
• Real Estate: Owning and managing commercial property in San Antonio, Texas.
• Cannabis, Mushrooms, and Pharmaceuticals: Holding various licenses in this space with research, cultivation, and production in preparation.

Leadership Team and Corporate Structure:

• Robert Griffith: Chairman & CEO, with experience in finance, entrepreneurship, and investments.
• Robert F. Smith: Chief Financial Officer & EVP, having previously served as CFO and COO of publicly traded companies.
• Matthew R. Berringer: Chief Investment Officer, with experience in investment management and wealth management.

The company's organizational structure is relatively flat, with a small executive team overseeing various operating units and subsidiaries.

Top Products and Market Share:

Due to the diverse nature of Locafy's businesses, identifying specific top products and calculating market share becomes challenging. However, some key offerings and estimations can be highlighted:

• Automotive: Operates four Chevrolet dealerships in Texas, competing with other dealer groups and franchises in the region. Precise market share is unavailable.
• Technology: Provides technology solutions to its internal business units, with potential future application to external clients. Current market penetration in this area is limited.
• Real Estate: Owns and manages a single building in San Antonio, generating rental income. Market share calculation is not applicable to this specific asset.
• Cannabis, Mushrooms, and Pharmaceuticals: This segment is currently in the research and development stage, aiming to enter various product development and production segments eventually.

Total Addressable Market:

Calculating Locafy's total addressable market requires considering all its business segments:

• Automotive: The global automotive market was valued at approximately $4.2 Trillion in 2023. Targeting the Texas market, the company faces a regional market worth roughly $96 Billion.
• Technology: Given the internal focus, the company's addressable market remains internal, limited to its current business units.
• Real Estate: The commercial real estate market in the San Antonio area was estimated at $2.7 Billion in 2023, representing Locafy's focus area.
• Cannabis, Mushrooms, and Pharmaceuticals: This market landscape varies significantly depending on specific product lines and regulations. With estimations challenging, it's best to analyze market size alongside product launches.