Life360, Inc. LIF
Life360 is a leading technology platform connecting millions of people throughout the world to the people, pets and things they care about most. We have created a new category at the intersection of family, technology, and safety to help keep families connected and safe. Our core offering, the Life360 mobile application, includes features like communications, driving safety, digital safety and location sharing. Beyond the everyday, Life360 also provides much-needed protection and saves lives, which is crucial for families in emergency situations such as natural disasters, vehicle collisions, physical property theft, and digital identity theft. The Life360 mobile application operates under a "freemium" model where its core offering is available to members at no charge, with additional membership subscription options that are available but not required.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $489.5M | $371.5M | $304.5M | $228.3M | $112.6M | $80.7M | — |
| Cost of revenue | $108.6M | $92.3M | $81.9M | $79.7M | $22.8M | $15.4M | — |
| Gross profit | $380.8M | $279.2M | $222.6M | $148.6M | $89.9M | $65.3M | — |
| R&D | $128.4M | $113.1M | $101.0M | $102.5M | $51.0M | $39.6M | — |
| SG&A | $78.6M | $60.7M | $52.6M | $48.1M | $23.7M | $12.1M | — |
| Operating income | $18.8M | -$8.0M | -$30.0M | -$94.4M | -$32.3M | -$16.7M | — |
| Interest expense | — | — | — | $474.0K | $166.0K | $23.0K | — |
| Pre-tax income | $32.7M | -$4.6M | -$27.6M | -$91.3M | -$33.7M | -$16.3M | — |
| Income tax | $118.2M | $71.0K | $616.0K | $312.0K | $127.0K | $0 | — |
| Net income | $150.8M | -$4.6M | -$28.2M | -$91.6M | -$33.6M | -$16.3M | — |
| EPS, basic | 1.95 | -0.06 | -0.42 | -1.47 | -0.65 | -0.33 | — |
| EPS, diluted | 1.77 | -0.06 | -0.42 | -1.50 | -0.65 | -0.33 | — |
| Shares, diluted (wtd. avg.) | 85.2M | 72.1M | 66.7M | 62.8M | 51.7M | 49.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $494.3M | $159.2M | $69.0M | $90.4M | $231.3M | $56.6M | $64.1M |
| Receivables | $80.7M | $58.0M | $42.2M | $33.1M | $11.8M | — | — |
| Inventory | $9.9M | $8.1M | $4.1M | $10.8M | $2.0M | — | — |
| Total current assets | $606.1M | $241.0M | $131.4M | $142.7M | $256.7M | — | — |
| Property, plant and equipment | $3.0M | $1.8M | $730.0K | $393.0K | $580.0K | — | — |
| Goodwill | $134.6M | $133.7M | $133.7M | $133.7M | $31.1M | — | — |
| Other intangibles | $38.3M | $40.6M | $45.4M | $52.7M | $8.0M | — | — |
| Total assets | $959.7M | $441.6M | $321.7M | $339.6M | $302.4M | — | — |
| Accounts payable | $8.4M | $5.5M | $5.9M | $13.8M | $3.2M | — | — |
| Total current liabilities | $96.8M | $77.3M | $70.8M | $87.6M | $41.4M | — | — |
| Long-term debt | — | — | $4.5M | $7.6M | — | — | — |
| Total liabilities | $411.5M | $83.0M | $74.7M | $95.1M | $52.3M | — | — |
| Retained earnings | -$138.9M | -$289.7M | -$285.1M | -$257.0M | -$165.3M | — | — |
| Total equity | $548.2M | $358.5M | $247.1M | $244.5M | $250.0M | $64.2M | $72.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $88.6M | $32.6M | $7.5M | -$57.1M | -$12.2M | -$7.2M | — |
| Depreciation and amortisation | $13.3M | $9.8M | $9.1M | $9.2M | $876.0K | $657.0K | — |
| Stock-based compensation | $55.5M | $42.3M | $38.5M | $34.7M | $11.8M | $8.1M | — |
| Capital expenditure | $1.8M | $1.2M | $506.0K | $0 | $81.0K | $653.0K | — |
| Investing cash flow | -$35.3M | -$10.1M | -$2.2M | -$111.6M | -$7.1M | -$653.0K | — |
| Financing cash flow | $282.1M | $67.3M | -$25.0M | $27.7M | $194.0M | $445.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001581760-26-000063.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $80.7M | $112.6M | $228.3M | $304.5M | $371.5M | $489.5M |
| Gross profit | — | $65.3M | $89.9M | $148.6M | $222.6M | $279.2M | $380.8M |
| Net income | — | -$16.3M | -$33.6M | -$91.6M | -$28.2M | -$4.6M | $150.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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