Highlights
- Life360 reports record user growth and revenue surge
- Shares jump over 16% as global user base nears 84 million
- US tariff changes expected to have minimal business impact
Family-focused technology firm Life360 (ASX:360) made waves on Tuesday, reaching a record share price following strong first-quarter results. The company, which develops a popular location-sharing and family safety app, saw its shares climb 16.8% to $27.86 by late morning, marking a new high since listing.
Headquartered in Silicon Valley and dual-listed on both the Australian Securities Exchange (ASX) and Nasdaq, Life360 reported a notable increase in global monthly active users. In the first three months of the year, the platform welcomed 4.1 million new users, bringing the total to 83.7 million worldwide. This user growth helped fuel a 32% jump in quarterly revenue, highlighting the continued demand for digital safety and connectivity tools among families.
The company’s latest trading update also addressed potential risks from upcoming US tariff adjustments. According to Life360, the anticipated tariff changes are not expected to significantly affect its operations or financial performance, offering reassurance to stakeholders amid broader economic uncertainties.
Life360's strong momentum positions it as a notable performer on the ASX300 index — a benchmark that tracks the top 300 companies listed on the Australian Securities Exchange. For those exploring the broader market landscape, the ASX300 provides insights into leading sectors and emerging technology-driven businesses like Life360.
In addition to growth-focused technology firms, some investors remain attentive to income-generating opportunities such as ASX dividend stocks. While Life360's current trajectory is centered on expansion and user acquisition, the broader ASX market offers a range of dividend-paying companies.
As Life360 continues to scale globally, its focus on innovation and family-oriented digital services reinforces its place among dynamic tech firms gaining traction on both sides of the Pacific. With strong user engagement and resilient business fundamentals, the company’s outlook appears to be supported by both operational progress and broader investor confidence.