Q4'24 Media Release
| Stock | LIFE360 Inc (360.ASX) |
|---|---|
| Release Time | 28 Feb 2025, 9:38 a.m. |
| Price Sensitive | Yes |
Life360 Reports Record Q4 and FY 2024 Results
- Monthly Active Users Reached Approximately 79.6 million
- Record Annual Global Net Additions to Paying Circles of 457 thousand
- Quarterly Revenue Grew 33% Year-Over-Year to $115.5 million
Life360, Inc. announced unaudited financial results for the fourth quarter and audited financial results for the full year ended December 31, 2024. The company achieved record-breaking results across key metrics, including Monthly Active Users (MAUs), Paying Circles, Subscription Revenue, and Annualized Monthly Revenue. In Q4 2024, the company reported total revenue of $115.5 million, a 33% year-over-year increase, with total subscription revenue of $78.8 million, up 32% year-over-year. Annualized Monthly Revenue (AMR) increased 34% year-over-year to $367.6 million. The company achieved positive Net Income of $8.5 million in Q4 2024 and Record Positive Adjusted EBITDA of $45.5 million for the full year. Looking ahead, the company provided FY 2025 guidance of consolidated revenue of $450 million - $480 million and positive Adjusted EBITDA of $65 million - $75 million.
Outlook for FY'25 Consolidated revenue of $450 million - $480 million and positive Adjusted EBITDA of $65 million - $75 million.
As we enter 2025, we are laser-focused on achieving our longer term strategic goals: reaching 150 million MAU, surpassing $1 billion in annual revenue, and exceeding a 35% Adjusted EBITDA margin. By keeping families safe, connected to the people, pets, and things they love, and helping make everyday life better, we are uniquely positioned to tap into vast global market potential and drive sustained growth for years to come.