The Life360 Inc (ASX: 360) share price is in focus after the company posted third quarter revenue of US$124.5 million, up 34% year-on-year. Net profit rose to US$9.8 million for the quarter, while gross profit climbed 39% to US$97.1 million.
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What did Life360 report?
- Q3 revenue: US$124.5 million, up 34% year-on-year
- Net profit: US$9.8 million (Q3 2024: US$7.7 million)
- Gross profit: US$97.1 million, 39% higher than the prior corresponding period
- Subscription revenue: US$96.3 million, up 34%
- Hardware revenue: US$11.3 million (down 4%)
- Other revenue (mainly advertising and data): US$16.9 million, up 82%
What else do investors need to know?
Life360 saw strong user growth, reporting 91.6 million monthly active users (up 19% year-on-year) and 2.7 million paying Circles, a 23% increase. Average Revenue per Paying Circle (ARPPC) rose 8% year-on-year to US$137.63, reflecting both higher pricing and a shift towards premium subscriptions.
The company entered a US$25 million convertible note investment with Aura and completed the acquisition of Fantix's assets. Life360 also closed the quarter with a solid cash balance of US$455.7 million, boosted by a successful US$320 million convertible note raising.
What did Life360 management say?
Lauren Antonoff, Chief Executive Officer said:
Our growth in both revenue and active users underscores the continued relevance of Life360's platform for families worldwide. We remain focused on supporting our members and delivering innovative new features.
What's next for Life360?
Looking ahead, Life360 expects to maintain growth by investing in its product suite and international expansion. The company plans to close its US$120 million cash-and-stock acquisition of Nativo in early 2026, aiming to accelerate the development of its advertising roadmap.
Management says strong member retention, rising subscription value, and new partnerships are expected to support ongoing revenue and earnings growth. Life360 remains well funded to pursue its strategy.
Life360 share price snapshot
Over the past 12 months, Life360 shares have soared 102%, strongly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.
