Business Context and Reporting Period
This Form 6-K filing by Locafy Limited (ASX: LCF) covers the month of February 2025, with the report dated February 14, 2025. The filing primarily addresses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes rather than a financial performance statement.
Material Changes
- Resignation of Auditor: On February 10, 2025, Grant Thornton Audit Pty Ltd resigned as the independent registered public accounting firm.
- Reason for Resignation: The resignation was due to commercial reasons and Grant Thornton's rotational requirements. The Company explicitly states there were no disagreements regarding accounting principles, financial statement disclosure, or auditing scope.
- Engagement of New Auditor: On February 10, 2025, the Company engaged BDO Audit Pty Ltd as the new independent registered public accounting firm, effective immediately.
- Scope of New Engagement: BDO will audit the consolidated financial statements for the fiscal year ending June 30, 2025.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. Regarding risks and contingencies, the Company confirmed that during the most recent fiscal year ended June 30, 2024, and the interim period through February 10, 2025, there were no consultations with BDO regarding accounting principles or audit opinions that constituted a "disagreement" or "reportable event" under Regulation S-K.
Investor Verification Checklist
- Verify the effective date of BDO Audit Pty Ltd's engagement (February 10, 2025).
- Confirm the absence of any accounting disagreements or reportable events between the Company and the outgoing auditor, Grant Thornton.
- Monitor the upcoming audit report for the fiscal year ended June 30, 2025, to be conducted by BDO.
- Note that this filing does not contain updated financial results; investors should refer to the most recent Form 20-F or interim reports for financial data.