ASX:360

Stock Analysis Report

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Executive Summary

Life360, Inc. develops and delivers a mobile application in the United States and internationally. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Life360's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 360 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.3%

360

-1.3%

AU Software

-1.4%

AU Market


1 Year Return

7.7%

360

30.4%

AU Software

-7.1%

AU Market

Return vs Industry: 360 underperformed the Australian Software industry which returned 31% over the past year.

Return vs Market: 360 exceeded the Australian Market which returned -6.9% over the past year.


Shareholder returns

360IndustryMarket
7 Day-5.3%-1.3%-1.4%
30 Day-6.0%10.7%3.4%
90 Day13.9%21.2%3.8%
1 Year7.7%7.7%31.4%30.4%-3.7%-7.1%
3 Yearn/a121.2%113.7%16.9%2.1%
5 Yearn/a196.8%174.8%46.0%15.6%

Price Volatility Vs. Market

How volatile is Life360's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Life360 undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 360 (A$3.77) is trading below our estimate of fair value (A$7.74)

Significantly Below Fair Value: 360 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 360 is unprofitable, so we can't compare its PE Ratio to the AU Software industry average.

PE vs Market: 360 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 360's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 360's PB Ratio (5.7x) is in line with the AU Software industry average.


Next Steps

Future Growth

How is Life360 forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

81.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 360 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 360 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 360 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 360's revenue (31.4% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: 360's revenue (31.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 360 is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Life360 performed over the past 5 years?

-20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 360 is currently unprofitable.

Growing Profit Margin: 360 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 360 is unprofitable, and losses have increased over the past 5 years at a rate of 20.6% per year.

Accelerating Growth: Unable to compare 360's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 360 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).


Return on Equity

High ROE: 360 has a negative Return on Equity (-27.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Life360's financial position?


Financial Position Analysis

Short Term Liabilities: 360's short term assets ($78.4M) exceed its short term liabilities ($16.2M).

Long Term Liabilities: 360's short term assets ($78.4M) exceed its long term liabilities ($3.0M).


Debt to Equity History and Analysis

Debt Level: 360 is debt free.

Reducing Debt: 360 had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 360 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 360 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Life360 current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 360's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 360's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 360's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 360's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 360's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Chris Hulls

no data

Tenure

US$955,177

Compensation

Mr. Chris Hulls co-founded Life360 Inc. in 2007 and serves as its Chief Executive Officer and Executive Director. Mr. Hulls did a stint in banking at Goldman Sachs and spent a few years in the Air Force. H ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD955.18K) is above average for companies of similar size in the Australian market ($USD693.56K).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Chris Hulls
Co-Founderno dataUS$955.18k5.85%
$ 34.2m
Alex Haro
Co-founder & Non-Executive Director1.42yrsUS$479.65k2.79%
$ 16.3m
David Rice
Chief Operating Officerno dataUS$496.77kno data
Russell Burke
Chief Financial Officer0.42yrno datano data
Samir Kapoor
Chief Technology Officer1yrno datano data
Jolanta Masojada
Head of Investor Relationsno datano datano data
Jeremy Liegl
General Counsel & Corporate Secretary0.58yrno datano data
Ariana Hellebuyck
Vice President of Marketing2.67yrsno datano data
Itamar Novick
Chief Business Officerno datano datano data
Jim Smolen
Head of Global Alliancesno datano datano data
Michelle Dysangco
Head of Customer Supportno datano datano data
Jennifer Wong
Head of Core Experience2yrsno datano data

1.5yrs

Average Tenure

Experienced Management: 360's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chris Hulls
Co-Founderno dataUS$955.18k5.85%
$ 34.2m
Alex Haro
Co-founder & Non-Executive Director1.42yrsUS$479.65k2.79%
$ 16.3m
John Coghlan
Independent Non-Executive Chairno dataUS$133.72k0.15%
$ 857.6k
Mark Goines
Independent Non-Executive Director1.42yrsUS$56.19k0.39%
$ 2.3m
James Synge
Independent Non-Executive Director1.42yrsUS$58.08k1.05%
$ 6.2m
Brit Morin
Independent Non-Executive Director2.67yrsUS$36.97k0.010%
$ 60.7k
David Wiadrowski
Independent Non-Executive Director1.42yrsUS$68.33k0.033%
$ 195.6k

1.4yrs

Average Tenure

Experienced Board: 360's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 360 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Life360, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Life360, Inc.
  • Ticker: 360
  • Exchange: ASX
  • Founded: 2007
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$584.322m
  • Shares outstanding: 148.68m
  • Website: https://www.life360.com

Location

  • Life360, Inc.
  • 539 Bryant Street
  • Suite 402
  • San Francisco
  • California
  • 94107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
360ASX (Australian Securities Exchange)YesNPV CDI 3:1AUAUDMay 2019
360CHIA (Chi-X Australia)YesNPV CDI 3:1AUAUDMay 2019
LIFXOTCPK (Pink Sheets LLC)YesNPV CDI 3:1USUSDMay 2019

Biography

Life360, Inc. develops and delivers a mobile application in the United States and internationally. It offers Life360 application for families that provides communications, driving safety, and location shar ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 10:39
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.