Life360 (ASX:360) Announces Q1’25 Financial Results
Financial Performance
Life360 reported Q1’25 revenue of $103.6 million, marking a 32% year-over-year increase. The company achieved a positive Adjusted EBITDA of $15.9 million, reflecting a 15% margin. Total operating expenses rose by 23%, demonstrating strong operating leverage against the revenue uplift.
Operational Achievements
The company expanded its paying circles to approximately 2.4 million globally, a 26% increase year-over-year. Quarterly net additions reached 137,000, setting an all-time record for Q1. Global Monthly Active Users (MAU) grew to around 83.7 million, up 26% from the previous year, with international MAU increasing by 39% YoY.
Revenue Breakdown
Subscription revenue surged by 33%, including a 37% growth in Life360 subscriptions. Hardware revenue decreased by 13% YoY due to fewer bundled offerings and increased discounts. Other revenue, which includes advertising, grew by 99% YoY. Annualized Monthly Revenue reached $393.0 million, up 38% from the previous year.
Future Outlook
For FY’25, Life360 expects consolidated revenue between $450 million and $480 million, with subscription revenue ranging from $355 million to $365 million. The company projects positive Adjusted EBITDA between $65 million and $75 million.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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