Life360 FY2022 revenue up 103% to $228.3M; net loss widens 173% to $91.6M

Life360, Inc.

Revenue $228.3M (up 103% YoY); net loss $91.6M (up 173% YoY).
Adjusted loss $37.9M (up 155% YoY), excluding stock-based comp and acquisition costs.
Acquired Tile, Inc. on Jan 5, 2022; contributed $33.1M to loss in 2022.
Stock-based compensation $34.7M, up from $11.9M in prior year.
Net tangible assets per CDI fell from $1.17 to $0.30.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Life360, Inc. reported the year ended 31 December 2022 results: revenue $ 228,305, net income $(91,629).

Period: the year ended 31 December 2022
Revenue: $ 228,305
Net income: $(91,629)
Result: reported results

Exact text from the filing

Reporting period: For the year ended 31 December 2022 Previous period: For the year ended 31 December 2021 2. Results for announcement to the market (U.S. $000’s) Revenues from ordinary activities up 103 % to $ 228,305 Loss from ordinary activities after tax attributable to the owners of Life360, Inc. up 173 % to $ (91,629)

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Life360, Inc. filing history →

Source: SEC EDGAR

accession 0001581760-23-000032

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