Company Interview / Back-to-school gives 360 record-breaking boost

Russell Burke from Life360 (ASX:360) reports a record-breaking Q3 performance, highlighting an addition of 159,000 net subscribers. The growth in subscription is attributed to the strong back-to-school period, leading to an uplift in overall guidance for EBITDA and adjusted EBITDA.

Life360 celebrates milestones with the launch of upgraded Tile Trackers, which integrate directly with the app's SOS feature, and a partnership with Uber. The company is excited about building its advertising business to monetise its impressive 77 million member base.

Russell discusses global expansion, focusing initially on international member experience, having launched a triple-tier product in Australia and New Zealand and dual-tier globally. Life360 aims for 150 million MRU and $1 billion revenue with 25% EBITDA margins within 2-3 years.