SUH
0.04
90.5%
EEL
0.001
-50%
MEI
0.13
88.4%
TMS
0.005
-50%
EQS
0.03
66.7%
OLI
0.003
-40%
NWM
0.015
66.7%
ASR
0.002
-33.3%
ASM
0.775
63.2%
KAL
0.052
-33.3%
VHM
0.38
60.3%
PSL
0.006
-33.3%
ENV
0.008
60%
BPM
0.028
-26.3%
PGY
0.008
60%
MRQ
0.003
-25%
WIN
0.022
57.1%
PIL
0.003
-25%
REE
0.036
56.5%
RLG
0.003
-25%
M2R
0.003
50%
TMK
0.003
-25%
SLZ
0.009
50%
IMI
0.013
-23.5%
PEK
0.16
45.5%
CYB
0.075
-20.2%
SRL
0.71
43.4%
CR3
0.012
-20%
BCM
0.01
42.9%
DGR
0.004
-20%
VMM
0.355
42%
RGL
0.004
-20%
NTU
0.04
37.9%
SPQ
0.004
-20%
PAT
0.07
37.3%
VRC
0.004
-20%
SGQ
0.026
36.8%
AKM
0.23
-19.3%
PSC
0.15
36.4%
IR1
0.155
-18.4%

Life360 (ASX:360): Share price jumps 22% after releasing market update

Article

Life360, Inc. (ASX:360) has commenced CY24 with strong operating metrics. Global Monthly Active Users were 66.4 million at the end of CY24 Q1, with net additions of 4.9 million in CY24 Q1, a record for a first quarter. The Company also had record first quarter additions to global paying circles of approximately 96,000 in CY24 Q1, split approximately 65%/35% between U.S. and International. Full financial results for CY24 Q1 are not yet available and Life360 cannot yet determine whether these quarterly operating metrics will have a material positive impact on revenue, net income (loss). 

Highlights

  • Life360 cannot yet determine whether the above mentioned quarterly operating metrics will have a material positive impact on revenue or net income (loss) metrics
  • Life360 has previously revealed plans for a potential dual listing, remaining on the ASX and also listing in the United States
  • The Company has the flexibility to pursue a dual listing should it determine that conditions are favourable