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360

Life360ASX:360 Stock Report

Market Cap

AU$1.4b

7D

3.2%

1Y

132.4%

Updated

16 Oct, 2021

Data

Company Financials +
360 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

360 Overview

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

Life360 Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Life360
Historical stock prices
Current Share PriceAU$9.25
52 Week HighAU$3.24
52 Week LowAU$9.74
Beta1.09
1 Month Change0.43%
3 Month Change16.94%
1 Year Change132.41%
3 Year Changen/a
5 Year Changen/a
Change since IPO74.20%

Recent News & Updates

Aug 15
Is Now An Opportune Moment To Examine Life360, Inc. (ASX:360)?

Is Now An Opportune Moment To Examine Life360, Inc. (ASX:360)?

Life360, Inc. ( ASX:360 ), is not the largest company out there, but it saw a significant share price rise of over 20...

Jul 28
Growth Investors: Industry Analysts Just Upgraded Their Life360, Inc. (ASX:360) Revenue Forecasts By 12%

Growth Investors: Industry Analysts Just Upgraded Their Life360, Inc. (ASX:360) Revenue Forecasts By 12%

Shareholders in Life360, Inc. ( ASX:360 ) may be thrilled to learn that the analysts have just delivered a major...

Shareholder Returns

360AU SoftwareAU Market
7D3.2%2.8%0.9%
1Y132.4%27.7%20.2%

Return vs Industry: 360 exceeded the Australian Software industry which returned 27.7% over the past year.

Return vs Market: 360 exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is 360's price volatile compared to industry and market?
360 volatility
360 Beta1.09
Industry Beta0.84
Market Beta1

Stable Share Price: 360 is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 360's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aChris Hullshttps://www.life360.com

Life360, Inc. develops and delivers a mobile application in the United States and internationally. It offers Life360 mobile application for families that provides communications, driving safety, and location sharing. The company was formerly known as LReady, Inc. and changed its name to Life360, Inc. in October 2011.

Life360 Fundamentals Summary

How do Life360's earnings and revenue compare to its market cap?
360 fundamental statistics
Market CapUS$1.06b
Earnings (TTM)-US$19.79m
Revenue (TTM)US$90.86m

11.7x

P/S Ratio

-53.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
360 income statement (TTM)
RevenueUS$90.86m
Cost of RevenueUS$17.71m
Gross ProfitUS$73.15m
ExpensesUS$92.94m
Earnings-US$19.79m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 26, 2021

Earnings per share (EPS)-0.13
Gross Margin80.51%
Net Profit Margin-21.78%
Debt/Equity Ratio3.6%

How did 360 perform over the long term?

See historical performance and comparison

Valuation

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

18.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 360 (A$9.25) is trading above our estimate of fair value (A$3.62)

Significantly Below Fair Value: 360 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 360 is unprofitable, so we can't compare its PE Ratio to the Australian 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 is overvalued based on its PB Ratio (18.2x) compared to the AU Software industry average (5.2x).


Future Growth

How is Life360 forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

31.4%

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 (34.4% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: 360's revenue (34.4% 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.


Past Performance

How has Life360 performed over the past 5 years?

-6.4%

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 6.4% 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 (37.5%).


Return on Equity

High ROE: 360 has a negative Return on Equity (-33.87%), as it is currently unprofitable.


Financial Health

How is Life360's financial position?


Financial Position Analysis

Short Term Liabilities: 360's short term assets ($71.8M) exceed its short term liabilities ($21.1M).

Long Term Liabilities: 360's short term assets ($71.8M) exceed its long term liabilities ($1.5M).


Debt to Equity History and Analysis

Debt Level: 360's debt to equity ratio (3.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 360's debt to equity ratio has reduced over the past 5 years.


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 3 years 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.


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?

1.6yrs

Average management tenure


CEO

Chris Hulls

no data

Tenure

US$1,273,418

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 ($USD1.27M) is about average for companies of similar size in the Australian market ($USD997.89K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 360's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: 360's board of directors are not considered experienced ( 2.4 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: Insufficient data to determine if 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 3.9%.


Top Shareholders

Company Information

Life360, Inc.'s 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$1.429b
  • Shares outstanding: 154.51m
  • Website: https://www.life360.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:00
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.