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Life360 Debuts New Pet Tracker And Pet Recovery Features, Connecting The Whole Family In One App
Globenewswire· 2025-10-22 12:00
Real-Time Tracking, Escape Alerts, and a Community-Powered Pet Finding Network Work Together to Unleash Unmatched Peace of Mind SAN FRANCISCO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Life360 now serves everyone’s favorite family member! The leading family connection and safety company today announced Life360 Pet GPS, the first pet tracker specifically designed to fit the lives of today’s connected families. The device also unlocks new features in the Life360 app, advancing the platform to become the first whole- ...
Life360 Reports Record Q1 2025 Results
Globenewswire· 2025-05-12 20:30
Core Insights - Life360 achieved record highs in Monthly Active Users (MAUs), subscribers, and net additions in Q1 2025, reflecting strong performance against its strategic roadmap [2][3] - The company reported total quarterly revenue of $103.6 million, a 32% year-over-year increase, with subscription revenue growing 33% to $81.9 million [7][25] - Life360's Annualized Monthly Revenue (AMR) reached $393.0 million, up 38% year-over-year, indicating robust subscription momentum [7][19] Financial Highlights - Q1 2025 net income was $4.4 million, marking the tenth consecutive quarter of positive Adjusted EBITDA and eighth consecutive quarter of positive Operating Cash Flow [3][7] - Total operating expenses grew 23% year-over-year to $81.4 million, while revenue growth was 32%, demonstrating strong operating leverage [29] - Gross profit for Q1 2025 was $83.5 million, with a gross margin of 81%, up from 77% in the prior year [24][26] User Metrics - Global MAUs increased 26% year-over-year to approximately 83.7 million, with net additions of 4.1 million in Q1 2025 [19][11] - Paying Circles grew to 2.4 million, a 26% increase year-over-year, with net additions of 137 thousand, up 43% year-over-year [7][19] - Average Revenue Per Paying Circle (ARPPC) increased 8% year-over-year to $133.42, driven by price increases and a shift towards higher-priced offerings [11][19] Cash Flow and Capital Position - Life360 ended Q1 2025 with cash, cash equivalents, and restricted cash of $170.4 million, an increase of $95.8 million from Q1 2024 [30][53] - Net cash provided by operating activities was $12.1 million, reflecting strong operational performance [28][30] - The company raised capital through its U.S. IPO, contributing to its improved cash position [7][30] Strategic Outlook - Life360 remains confident in its ability to deliver positive Adjusted EBITDA throughout 2025, despite potential consumer financial pressures [3][37] - The company is focused on balancing strong top-line growth with expanding profitability, positioning itself well for future market conditions [3][37] - Life360's core subscription business is resilient, with expectations for continued growth in both subscription and other revenue streams [3][37]