Life360 (ASX:360) Full Year 2024 Results
Key Financial Results
- Revenue: US$371.5m (up 22% from FY 2023).
- Net loss: US$4.56m (loss narrowed by 84% from FY 2023).
- US$0.021 loss per share (improved from US$0.14 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Life360 EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are down 3.5% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Life360's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if Life360 might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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