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LIFE360 INC. (ASX: 360)

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360: Further acceleration of path to profitability

LIFE360 INC.

  1. Continued strong CY22 Q4 momentum, especially in Membership, with core Life360 subscription revenue (excluding Tile and Jiobit) growth exceeding 54%, in line with guidance
  2. Confirmation of year end cash position meeting guidance, with cash balance of $90 million at 31 December 2022, adjusted for $32 million of net placement proceeds
  3. Organizational restructure announced, bringing forward by a quarter positive Adjusted EBITDA and Operating Cash Flow to CY23 Q2

2023-01-13 09:12:00