Life360, Inc. (LIF)

Life360 Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	335.43	278.97	201.17	87.5	58.47
Other Revenue	36.05	25.55	27.13	25.14	22.18
Revenue	371.48	304.52	228.31	112.64	80.66
Revenue Growth (YoY)	21.99%	33.38%	102.68%	39.66%	36.83%
Cost of Revenue	92.33	81.72	79.71	22.77	15.4
Gross Profit	279.16	222.8	148.6	89.88	65.26
Selling, General & Admin	173.91	149.61	144.11	66.54	42.27
Research & Development	113.07	99.14	102.48	50.99	39.64
Operating Expenses	286.98	248.75	246.59	117.54	81.91
Operating Income	-7.82	-25.96	-97.99	-27.66	-16.65
Other Non Operating Income (Expenses)	-0.99	3.11	1.31	-0.91	0.32
EBT Excluding Unusual Items	-8.81	-22.85	-96.68	-28.57	-16.33
Merger & Restructuring Charges	-0.15	-4.02	-1.7	-1	-
Gain (Loss) on Sale of Investments	5.39	-	-	-	-
Other Unusual Items	-1.05	-0.68	7.07	-4.11	-
Pretax Income	-4.63	-27.56	-91.32	-33.68	-16.33
Income Tax Expense	-0.07	0.62	0.31	-0.13	-
Net Income	-4.56	-28.17	-91.63	-33.56	-16.33
Net Income to Common	-4.56	-28.17	-91.63	-33.56	-16.33
Shares Outstanding (Basic)	216	200	187	155	148
Shares Outstanding (Diluted)	216	200	189	155	148
Shares Change (YoY)	8.06%	6.22%	21.65%	4.68%	42.89%
EPS (Basic)	-0.02	-0.14	-0.49	-0.22	-0.11
EPS (Diluted)	-0.02	-0.14	-0.50	-0.22	-0.11
Free Cash Flow	31.43	7.02	-57.06	-12.23	-7.9
Free Cash Flow Per Share	0.14	0.04	-0.30	-0.08	-0.05
Gross Margin	75.15%	73.16%	65.09%	79.79%	80.91%
Operating Margin	-2.11%	-8.53%	-42.92%	-24.56%	-20.64%
Profit Margin	-1.23%	-9.25%	-40.13%	-29.79%	-20.25%
Free Cash Flow Margin	8.46%	2.31%	-24.99%	-10.86%	-9.80%
EBITDA	1.96	-16.82	-88.79	-26.79	-15.99
EBITDA Margin	0.53%	-5.52%	-38.89%	-23.78%	-19.83%
D&A For EBITDA	9.78	9.14	9.2	0.88	0.66
EBIT	-7.82	-25.96	-97.99	-27.66	-16.65
EBIT Margin	-2.11%	-8.53%	-42.92%	-24.56%	-20.64%
Revenue as Reported	371.48	304.52	228.31	112.64	80.66
Advertising Expenses	23.8	28.6	17	7.1	6.7

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q