Locate Technologies Limited
LOC.AX
Australian Securities Exchange0.06
AUD
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Locate Technologies Limited
LOC.AX
(Australian Securities Exchange)
Recent
price
0.06
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Locate Technologies Limited (ASX:LOC) provides real-time tracking and SaaS-based delivery solutions for last-mile logistics and field service management primarily in Australia with international operations. The company offers Locate2u, a software-as-a-service platform for delivery and field service optimization including worker tracking, route planning, location sharing, and booking management; Zoom2u, a marketplace connecting customers to local independent couriers for same-day delivery of documents, personal items, boxes, heavy goods, pallets, and containers; and Shred2u, secure on-site and off-site document shredding services. Founded in 2014 and headquartered in Pyrmont, New South Wales, Australia, Locate Technologies serves consumers, SMEs, large corporates, retailers, and e-commerce businesses through its two main segments: Zoom2u and 2u Enterprises for delivery tracking, and Locate2u for fleet management technology. In May 2025, the company changed its name from Zoom2u Technologies Limited to Locate Technologies Limited to reflect its expanded platform portfolio; it also conducted a capital raising via placements in May 2025 and entered into a proposed Scheme of Arrangement as announced on its website. The founder-led business employs AI, cloud infrastructure, and SaaS technologies to enhance operational efficiency across its customer base of approximately 81 employees.