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Life360, Inc. (LIF) 10-Year Financial Performance & Capital Metrics

LIF • • Industrial / General
TechnologyApplication SoftwareSecurity & Identity ManagementSmart Home Security
AboutLife360, Inc. operates a technology platform to locate people, pets, and things 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 hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels, as well as directly through Tile.com; 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; Jiobit subscriptions; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers. 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.Show more
  • Revenue $371M +22.0%
  • EBITDA $2M +110.7%
  • Net Income -$5M +83.8%
  • EPS (Diluted) -0.06 +85.0%
  • Gross Margin 75.15% +2.8%
  • EBITDA Margin 0.57% +108.7%
  • Operating Margin -2.15% +78.2%
  • Net Margin -1.23% +86.7%
  • ROE -1.5% +86.9%
  • ROIC -3.12% +75.0%
  • Debt/Equity 0.00 -91.0%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 12.0x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y48.85%
TTM33.86%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM283.2%

EPS CAGR

10Y-
5Y-
3Y-
TTM242.43%

ROCE

10Y Avg-18.93%
5Y Avg-18.93%
3Y Avg-17.11%
Latest-2.59%

Peer Comparison

Smart Home Security
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ALRMAlarm.com Holdings, Inc.2.53B50.7622.176.59%12.92%14.51%7.75%1.37
SMSISmith Micro Software, Inc.14.62M0.58-0.15-49.7%-158.87%-146.63%0.06
MYSEMyseum Inc.8.02M1.88-1.31-35.12%-8154.64%-83.2%
IPMIntelligent Protection Management Corp.16.54M1.82-214.16%-58.58%-36.32%0.01
CSAICLOUDASTRUCTURE, INC.18.05M0.93-2.06124.71%-210.71%-115.34%
SMRTSmartRent, Inc.329.21M1.74-10.24-26.16%-45.45%-29.32%0.02
JAMFJamf Holding Corp.1.75B13.02-24.5711.92%-5.98%-5.25%1.27%0.52
LIFLife360, Inc.4.69B59.79-946.0421.99%6.46%7.58%0.59%0.00

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+080.66M112.64M228.31M304.52M371.48M
Revenue Growth %--0.4%1.03%0.33%0.22%
Cost of Goods Sold+015.39M22.77M79.71M81.88M92.33M
COGS % of Revenue-0.19%0.2%0.35%0.27%0.25%
Gross Profit+065.26M89.88M148.6M222.64M279.16M
Gross Margin %-0.81%0.8%0.65%0.73%0.75%
Gross Profit Growth %--0.38%0.65%0.5%0.25%
Operating Expenses+081.91M122.14M243.01M252.62M287.13M
OpEx % of Revenue-1.02%1.08%1.06%0.83%0.77%
Selling, General & Admin042.27M66.54M140.53M151.66M174.06M
SG&A % of Revenue-0.52%0.59%0.62%0.5%0.47%
Research & Development039.64M50.99M102.48M100.97M113.07M
R&D % of Revenue-0.49%0.45%0.45%0.33%0.3%
Other Operating Expenses004.6M000
Operating Income+0-16.65M-32.26M-94.41M-29.98M-7.98M
Operating Margin %--0.21%-0.29%-0.41%-0.1%-0.02%
Operating Income Growth %---0.94%-1.93%0.68%0.73%
EBITDA+-28.76M-15.99M-31.39M-85.21M-20M2.13M
EBITDA Margin %--0.2%-0.28%-0.37%-0.07%0.01%
EBITDA Growth %-0.44%-0.96%-1.71%0.77%1.11%
D&A (Non-Cash Add-back)0657K876K9.2M9.98M10.11M
EBIT-28.76M-16.65M-27.66M-94.41M-29.98M-7.98M
Net Interest Income+-192K00000
Interest Income000000
Interest Expense192K00000
Other Income/Expense62K317K-1.17M3.09M2.43M3.35M
Pretax Income+0-16.33M-33.43M-91.32M-27.55M-4.63M
Pretax Margin %--0.2%-0.3%-0.4%-0.09%-0.01%
Income Tax+00127K312K616K-71K
Effective Tax Rate %-1%1%1%1.02%0.98%
Net Income+-28.95M-16.33M-33.56M-91.63M-28.17M-4.55M
Net Margin %--0.2%-0.3%-0.4%-0.09%-0.01%
Net Income Growth %-0.44%-1.05%-1.73%0.69%0.84%
Net Income (Continuing)-28.95M-16.33M-33.56M-91.63M-28.17M-4.55M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.84-0.33-0.65-1.50-0.42-0.06
EPS Growth %-0.61%-0.97%-1.31%0.72%0.85%
EPS (Basic)-0.84-0.33-0.65-1.47-0.42-0.06
Diluted Shares Outstanding34.53M49.35M51.66M62.84M66.75M72.13M
Basic Shares Outstanding34.53M49.35M51.66M62.21M66.75M72.13M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+79.24M78.85M256.68M142.66M131.43M240.99M
Cash & Short-Term Investments63.82M56.41M230.99M75.44M68.96M159.24M
Cash Only63.82M56.41M230.99M75.44M68.96M159.24M
Short-Term Investments000000
Accounts Receivable7.98M12.44M12.56M34.75M42.83M61.52M
Days Sales Outstanding-56.3140.7155.5551.3460.45
Inventory002.01M10.83M4.1M8.06M
Days Inventory Outstanding--32.2149.5818.2731.85
Other Current Assets2.24M01.32M14.71M1.01M1.1M
Total Non-Current Assets+6.3M8.08M45.7M196.97M190.29M200.59M
Property, Plant & Equipment547K3.44M2.21M1.2M1.74M2.46M
Fixed Asset Turnover-23.45x51.04x191.05x174.61x150.89x
Goodwill764K764K31.13M133.67M133.67M133.67M
Intangible Assets257K07.99M52.7M45.44M40.57M
Long-Term Investments01.69M1.31M5.47M7.22M19.76M
Other Non-Current Assets4.74M2.18M3.07M1.78M2.21M4.12M
Total Assets+85.54M86.93M302.38M339.63M321.72M441.58M
Asset Turnover-0.93x0.37x0.67x0.95x0.84x
Asset Growth %-0.02%2.48%0.12%-0.05%0.37%
Total Current Liabilities+12.21M19.51M41.45M87.65M70.81M77.34M
Accounts Payable495K2.42M3.25M13.79M5.9M5.46M
Days Payables Outstanding-57.3852.0763.1526.2821.6
Short-Term Debt01.46M4.22M3.51M3.45M0
Deferred Revenue (Current)1000K1000K01000K1000K1000K
Other Current Liabilities01.95M23.6M19.84M4.79M8.03M
Current Ratio6.49x4.04x6.19x1.63x1.86x3.12x
Quick Ratio6.49x4.04x6.14x1.50x1.80x3.01x
Cash Conversion Cycle--20.8541.9843.3370.7
Total Non-Current Liabilities+1.05M2.31M10.88M7.44M3.84M5.7M
Long-Term Debt008.28M4.06M1.06M0
Capital Lease Obligations109K1.61M289K0723K359K
Deferred Tax Liabilities000000
Other Non-Current Liabilities708K701K2.31M677K217K0
Total Liabilities13.27M21.82M52.33M95.09M74.65M83.03M
Total Debt+109K3.07M14.37M8.39M5.56M723K
Net Debt-63.71M-53.35M-216.62M-67.06M-63.4M-158.51M
Debt / Equity0.00x0.05x0.06x0.03x0.02x0.00x
Debt / EBITDA-----0.34x
Net Debt / EBITDA------74.32x
Interest Coverage------
Total Equity+72.28M65.12M250.04M244.54M247.06M358.55M
Equity Growth %--0.1%2.84%-0.02%0.01%0.45%
Book Value per Share2.091.324.843.893.704.97
Total Shareholders' Equity72.28M65.12M250.04M244.54M247.06M358.55M
Common Stock188.35M50K61K67K70K75K
Retained Earnings-115.45M-131.79M-165.34M-256.97M-285.14M-289.7M
Treasury Stock000000
Accumulated OCI-621K0-951K-6K9K44K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-30.52M-7.25M-12.15M-57.05M7.52M32.61M
Operating CF Margin %--0.09%-0.11%-0.25%0.02%0.09%
Operating CF Growth %-0.76%-0.68%-3.69%1.13%3.33%
Net Income-28.95M-16.33M-33.56M-91.63M-28.17M-4.55M
Depreciation & Amortization289K657K876K9.2M9.98M10.11M
Stock-Based Compensation08.09M034.68M38.51M42.27M
Deferred Taxes000000
Other Non-Cash Items8.29M7M20.96M-6.55M596K-3.97M
Working Capital Changes-10.14M-6.66M-434K-2.76M-13.4M-11.24M
Change in Receivables-2.17M-1.15M-2.69M6.47M-9.05M-16.12M
Change in Inventory00-859K-497K5.81M-3.96M
Change in Payables-2.19M1.93M559K-12.65M-7.89M-433K
Cash from Investing+-336K-653K-7.06M-111.63M-2.22M-10.13M
Capital Expenditures-410K-653K-81K-701K-506K-1.19M
CapEx % of Revenue-0.01%0%0%0%0%
Acquisitions------
Investments------
Other Investing00-4M0-1.72M-8.95M
Cash from Financing+68.87M445K193.95M27.71M-24.95M67.27M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing01.59M188.34M-1.68M-27.16M-25.73M
Net Change in Cash------
Free Cash Flow+-30.93M-7.9M-12.23M-57.76M5.3M27.48M
FCF Margin %--0.1%-0.11%-0.25%0.02%0.07%
FCF Growth %-0.74%-0.55%-3.72%1.09%4.18%
FCF per Share-0.90-0.16-0.24-0.920.080.38
FCF Conversion (FCF/Net Income)1.05x0.44x0.36x0.62x-0.27x-7.16x
Interest Paid000514K640K46K
Taxes Paid0000697K2.38M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-40.06%-23.78%-21.3%-37.05%-11.46%-1.5%
Return on Invested Capital (ROIC)--122.81%-107.08%-67.15%-12.45%-3.12%
Gross Margin-80.91%79.79%65.09%73.11%75.15%
Net Margin--20.25%-29.79%-40.13%-9.25%-1.23%
Debt / Equity0.00x0.05x0.06x0.03x0.02x0.00x
FCF Conversion1.05x0.44x0.36x0.62x-0.27x-7.16x
Revenue Growth--39.66%102.68%33.38%21.99%

Frequently Asked Questions

Growth & Financials

Life360, Inc. (LIF) reported $459.0M in revenue for fiscal year 2024.

Life360, Inc. (LIF) grew revenue by 22.0% over the past year. This is strong growth.

Yes, Life360, Inc. (LIF) is profitable, generating $29.7M in net income for fiscal year 2024 (-1.2% net margin).

Dividend & Returns

Life360, Inc. (LIF) has a return on equity (ROE) of -1.5%. Negative ROE indicates the company is unprofitable.

Life360, Inc. (LIF) generated $61.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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