secwatch.observer — SEC 8-K summary
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Issuer:     Life360, Inc. (LIF)
CIK:        0001581760
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001581760-23-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life360 reports CY2022 revenue up 103% to $228.3M, net loss $91.6M; guides to positive EBITDA in FY2023
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- CY2022 revenue $228.3M (+103% YoY); subscription revenue $153.3M (+77%).
- Net loss $91.6M; Adjusted EBITDA loss $40.1M, in line with guidance.
- Year-end AMR $224.4M (+61% YoY); Jan 2023 AMR $229.6M; U.S. ARPPC $138.36 (+42% YoY).
- CY2023 guidance: revenue $300-310M; positive Adjusted EBITDA and operating cash flow $5-10M.
- Workforce streamlining to save at least $15M annually; Tile hardware under pressure from Apple.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581760/000158176023000025/0001581760-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581760/000158176023000025/lifx-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001581760-23-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer