Life360 Inc

  • IPO date:
  • Sector: Technology
  • GIC Group: Software & Services
  • Industry: Software-Application
  • Company website

Company description

Life360, Inc. engages in the manufacture and sale of subscription and hardware tracking devices in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers, brick, and mortar retail channels. The company was formerly known as LReady, Inc. and changed its name to Life360, Inc. in October 2011. Life360, Inc. was incorporated in 2007 and is headquartered in San Mateo, California.

Financial highlights

Market Capitalization$1828.5081 million
P/E Ratio0
P/E Growth Ratio
Book Value1.186
Dividend Per Share0
Earnings Per Share-0.42
EBITDA-43,593
Profit Margin-0.1941
Operating Margin TTM-0.1976
Return on Assets TTM-0.1039
Return on Equity TTM-0.2221
Revenue TTM267,422

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31 5,344 5,344 17,210
2017-12-31 11,474 11,474 22,848
2018-12-31 32,062 32,062 50,350
2019-12-31 58,944 58,944 87,959
2020-12-31 80,655 15,395 65,260 81,911
2021-12-31 112,448 22,768 89,680 122,315
2022-12-31 228,305 79,707 148,598 243,009

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-12-31 15,416 27,088 9,980 0 10
2018-12-31 100,600 112,300 17,200 1,600 3,310 182,900
2019-12-31 63,818 85,541 13,265 0 188,349
2020-12-31 56,413 86,313 21,818 1,460 196,902
2021-12-31 230,990 303,106 52,731 5,796 8,284 416,339
2022-12-31 75,444 339,630 95,092 4,326 4,060 67

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 -12,268 -9,583 -10,037
2017-12-31 -10,605 -10,675 10,230
2018-12-31 -19,357 -15,367 10,399 37,190.979159999995
2019-12-31 -28,953 -30,517 38,013 26,056 64,069
2020-12-31 -16,334 -7,250 -7,458 64,069 56,611
2021-12-31 -33,557 -33,557 174,734 56,611 231,345
2022-12-31 -91,629 -57,055 -140,980 231,345 90,365