Financial Performance And ValuationValuation at ~33x EV/FCF (vs ~47x AU peers) is seen as attractive, suggesting potential for Life360 to re-rate towards best in class tech peers.
Market Position And OpportunitiesLife360 is a differentiated stock within Australian Smid-caps boasting over 70 million active users, more than 2 million paid subscribers, and opportunities across advertising, hardware, and enhancement of the bundle.
User Growth And EngagementAn additional US$6 million in marketing spend is aimed at enhancing user growth and engagement.