The Life360 Inc (ASX: 360) share price is up 8% after the location sharing and safety company reported its June 2025 second quarter update.
Life360’s mobile app and tile tracking devices “empower members to stay connected to the people, pets and things they care about most” with services including location sharing, safe driver reports and crash detection with emergency dispatch.
Life360 June 2025 quarter update
The company reported a strong set of numbers for the three months to 30 June 2025.
It reported monthly active users reached approximately 88 million, up 25% year on year (an increase of 4.3 million). Life360 revealed record second quarter global net additions of 136,000 paying circles, reaching 2.5 million in total. US paying circles grew 23% to 1.8 million and international paying circles increased 28% to 0.7 million.
Average revenue per paying circle increased 8% year on year, mostly due to US price increases for new and existing annual subscribers in 2024, a shift in the product mix toward higher-priced offerings and legacy price increases.
Total quarterly revenue grew 36% year on year to $115.4 million, while annualised monthly revenue also soared 36% year on year to $416.1 million.
Adjusted EBITDA (EBITDA explained) surged 85% year on year to $20.3 million. Its operating cashflow rocketed higher by 303% to $13.3 million.
Net profit was $7 million, which included $4.6 million of other income related to dividends, interest and investment fair value gains.
New CEO
The company also announced that Lauren Antonoff has been appointed as the CEO, taking over from co-founder Chris Hulls, who will continue to support the company’s long-term vision as Executive Chair.
Management commentary
The Life360 CEO Lauren Antonoff said:
We’re seeing the rise of what we call the Anxiety Economy—a shift where families are making more values-based decisions and prioritizing peace of mind in how they spend. That’s driving sustained demand for services like ours that help people feel safer, more connected, and in control. Alongside strong subscription growth, we’re expanding our high-margin advertising platform with new location-based formats that enhance value without compromising the member experience. At the core of it all is trust—Life360 has become a daily essential for millions of families, and we’re committed to deepening that relationship as we scale.
Final thoughts on the Life360 share price
The company continues to impress investors with its growth rate and profit generation, so it’s not surprising there has been another positive reaction to this update.
I doubt this will be the company’s all-time peak, so I think it could still be a solid long-term. It’s one of the most exciting ASX growth shares, though it’s certainly trading on a valuation that reflects its growth potential.
There are other businesses that I’d rather buy first though with a better valuation.
