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Life360 Achieves Record Financial Results in 2024

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Life360 Achieves Record Financial Results in 2024

Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) has provided an announcement.

Life360 reported record financial results for Q4 and FY 2024, with significant growth in key metrics such as Monthly Active Users, Paying Circles, and revenue. The company achieved a 33% year-over-year increase in total quarterly revenue to $115.5 million and a 34% increase in annualized monthly revenue to $367.6 million. Life360 also recorded positive net income and adjusted EBITDA, highlighting its progress towards profitability. The company successfully launched its advertising business, introduced new Tile devices, and completed its U.S. IPO, positioning itself for continued growth in 2025 with a focus on reaching 150 million MAUs and $1 billion in annual revenue.

More about Life360 Shs Chess Depository Interests Repr 3 Sh

Life360, Inc. is a San Francisco-based company specializing in family safety and connection services. It offers products and services that help families stay connected and safe, including a mobile application and a range of Tile devices. The company is focused on expanding its market presence globally and has recently become publicly traded on Nasdaq.

YTD Price Performance: -3.16%

Average Trading Volume: 634

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.12B

For detailed information about 360 stock, go to TipRanks’ Stock Analysis page.

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