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- With a 43% yoy (year-on-year) increase in paying circles and a 63% yoy (year-on-year) growth in subscription revenue, Life360’s main business is gaining traction.
- Core Life360 has a global monthly active user (MAU) base of 38.3 million, a 2.8 million increase over the December 2021 quarter.
- MAU base in the US of 25.1 million, up 1.4 million, or 6% from the December 2021 quarter and 39% year-on-year.
Life360 is a platform that connects today’s busy families by allowing them to better know, interact with and safeguard the people they care about most. The Life360 mobile app, the firm’s primary offering, is a market leading app for families, with capabilities ranging from communications to location sharing and driving safety.
Let’s take a look at the firm’s most recent earnings report.
Chris Hulls, Life360 Chief Executive Officer, commented:
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