Life360 (ASX: 360)

Presentation from Life360 Co-Founder and CEO Chris Hulls @ NWR Small Cap Virtual Conference March 2020

Life360 is a market leading app for families, with a broad range of features from communications to driving safety and location sharing, it has more than 27 million monthly active users in more than 160 countries. Market Cap:~$310m

• Fast-growing user base, increasing at a 47% YoY growth rate
• Rapidly expanding revenue profile with ~$75.4m Annualised Monthly Revenue
• Very high user retention whilst simultaneously increasing the size of new cohorts
• New Membership function will directly benefit Life360’s financial drivers by increasing addressable market, increasing premium conversion and decreasing churn

Research:

• Moelis, Brendon Kelly, February 2020: FY20 guidance leaves room for outperformance