Life360 (ASX: 360), provider of the leading family safety membership, has been added to the S&P/ASX 300 Index. The change, which will be effective March 22, 2021, came in a rebalance resulting from the March quarterly review. This announcement follows the recent release of Life360’s FY 2020 year-end financial and business results, which indicated the company’s strong performance despite COVID-19 challenges. Highlights of the company’s 2020 year-end report include the successful launch of a new family membership; normalized revenue growth of 39% year over year to $81.6 million; a global monthly active user base of 26.5 million; and average revenue per paying customer of $77.86 for the United States and $48.44 for the international space. “We are pleased to be included in S&P/ASX 300 Index which is a validation of the progress and growth achieved by the company in a challenging year,” said Life360 co-founder and CEO Chris Hulls in the press release. “We have deep expertise on the needs of today’s modern families and ambitious goals to own the entire safety ecosystem and rethink how safety is delivered to families.”
To view the full press release, visit https://ibn.fm/Y1Ok4
About Life360
Life360 operates a platform for today’s busy families, bringing them closer together while creating a sense of independence by helping them better know, communicate with and protect the people they care about most. The company’s core offering, the Life360 mobile app, is a market-leading app for families, with features that range from communications to driving safety and location sharing. Based in San Francisco, Life360 has more than 26 million MAU located in 196 countries. The company’s CDIs are issued in reliance on the exemption from registration contained in Regulation S of the U.S. Securities Act of 1933 (Securities Act) for offers of securities that are made outside the country. For more information, please visit www.Life360.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.