Locate Technologies Limited
LOC🇳🇿Equity
Locate Technologies (formerly Zoom2u Technologies) operates AI-powered logistics platforms Locate2u and Zoom2u. The company adopted a Bitcoin treasury strategy in May 2025, raising capital through an ATM equity facility with Novus Capital to fund BTC purchases.
BTC Holdings
12.299 BTC
Insufficient history
Stock Price
0.02 NZD
180d
Total financing
4.84M NZD
Insufficient history
mNAV
3.98x
180d
Leverage
216.5%
180d
BTC Credit
>9,999 bps0.5x
Sats/Share
4
180d
Mkt cap
5.95M NZD
Shares
297.64M
Fiat reserve
1.60M NZD
Total reserve
3.10M NZD
Dilution
0.0%
Coverage
3.8 yr
BTC mix
0%
Analytics
BTC Coverage
Financials
IFRSSemi-AnnualAs of 2025-12-31
Balance Sheet
Total Assets8.2M NZD
Total Liabilities7.3M NZD
Stockholders' Equity950K NZD
Cash & Equivalents1.6M NZD
Total Debt4.5M NZD
Digital Assets—
Income Statement
Revenue3.5M NZD
Operating Income—
Net Income-2M NZD
Interest Expense—
Cash Flow
Operating Cash Flow—
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| LOC-Pure | Nov '22 – Nov '26 | 9.95% | 4.00M AUD | 4.00M AUD | 0.5x |
| Total | 4.84M NZD | ||||
Recent Changes
Thu, Mar 19, 2026
Shares Outstanding
232.3M→297.6M+65.3M(+28.1%)
NZX Instrument Page
Wed, Dec 31, 2025
Fiat Reserve
1.8M→1.6M-210.0K(-11.6%)NZD
Half-Year Report H1 FY2026