Life360 Inc (OTCPK:LIFX)

$ 16 2.09 (15.03%) Market Cap: 3.68 Bil Enterprise Value: 3.52 Bil PE Ratio: 0 PB Ratio: 10.84 GF Score: 42/100

December 2021 Life360 Inc Activities Report Call Transcript

Jan 26, 2022 / 10:30PM GMT

Release Date Price: $5.8

Transcript

Jolanta Masojada

Life360, Inc. - Head of IR

Good morning, and thank you for joining the Life360 December 2021 Quarterly Activities Report and Appendix 4C Conference Call. This is Jolanta Masojada, and I head up Investor Relations for Life360. The call will begin with some prepared remarks from Co-Founder and CEO, Chris Hulls; and CFO, Russell Burke, followed by a Q&A session. This call is being conducted as a Zoom audio webinar. (Operator Instructions)

I would now like to turn the call over to Chris.

Chris Hulls

Life360, Inc. - Co-Founder, CEO & Executive Director

Good morning, everyone, and thanks for joining our December 2021 quarterly business update call. This was another milestone quarter for Life360, where we set new records across many key metrics. We made significant progress on our strategic road map with the acquisition of Tile.

We delivered our third consecutive quarter of record subscriber additions, reaching more than 1.2 million Paying Circles, with underlying revenue growth of 46% year-on-year and underlying

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