Highlights:

  • Life360 rated buy by Jefferies (AUD 53) and Bell Potter Securities (AUD 52.50).
  • Q3 revenue of AUD 124.5 million, up 34% YoY, and core subscription revenue up 37% YoY.
  • Adjusted EBITDA surged 174% to AUD 24.5 million.
  • Global MAUs reached 91.6 million, with Paying Circles at 2.7 million.
  • FY 2025 guidance raised, projecting revenue of AUD 474–485 million and Adjusted EBITDA of AUD 84–88 million.

Life360, Inc. (NASDAQ:LIF) (ASX:360), the provider of the market-leading family safety and connection mobile application, has been rated a buy by both Jefferies and Bell Potter Securities. Jefferies assigned a target price of AUD 53, while Bell Potter Securities (institutional) set a target of AUD 52.50. These ratings might have come on the back of the company’s announcement of encouraging third-quarter financial results and continued operational growth.

Q3 2025 Financial Highlights

Life360 reported unaudited results for the third quarter ended September 30, 2025, achieving record performance across multiple key metrics. The company generated total revenue of AUD 124.5 million, marking a 34% year-on-year increase. Subscription revenue reached AUD 96.3 million, up 34% YoY, while core subscription revenue rose 37% to AUD 90.7 million. The company’s Annualized Monthly Revenue (AMR) climbed to AUD 446.7 million, reflecting a 33% increase compared with the previous year.

Net income for Q3’25 stood at AUD 9.8 million, up 27% YoY, while Adjusted EBITDA surged 174% to AUD 24.5 million, compared with AUD 9.0 million in Q3’24. Positive operating cash flow of AUD 26.4 million represented a 319% increase YoY, and quarter-end cash and equivalents totaled AUD 457.2 million, a substantial increase from Q3’24.

Operational Milestones and User Growth

Life360 continues to expand its global footprint, reporting Monthly Active Users (MAUs) of approximately 91.6 million, up 19% year-on-year, driven by net additions of 3.7 million users in Q3. The Company also achieved record global Paying Circle net additions of 170,000, bringing the total number of Paying Circles to 2.7 million, a 23% increase over the previous year. Average Revenue Per Paying Circle (ARPPC) increased 8% YoY, supported by pricing adjustments in the U.S., product mix shifts, and the introduction of higher-priced international membership tiers.

Strategic Expansion and Acquisition

In a separate announcement, Life360 confirmed it has entered into an agreement to acquire Nativo, an advertising technology company, for approximately USD 120 million in a combination of cash and stock. This acquisition is expected to complement Life360’s advertising and subscription offerings and strengthen its platform ecosystem.

Updated FY 2025 Guidance

The company has raised its full-year guidance, projecting consolidated revenue of AUD 474 million to AUD 485 million, up from the prior estimate of AUD 462 million to AUD 482 million. Subscription revenue is expected to range from AUD 366 million to AUD 368 million, hardware revenue from AUD 46 million to AUD 50 million, and other revenue from AUD 62 million to AUD 67 million. Adjusted EBITDA is now projected at AUD 84 million to AUD 88 million, an increase from the previous forecast of AUD 72 million to AUD 82 million.