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Chris Hulls of Life360 (ASX: 360) shares the company's latest achievements, highlighting a record customer addition of 137,000, with quarterly revenue reaching $103.5 million. Chris notes momentum in the US and globally, driven by word-of-mouth and the launch of new markets like Canada, the UK, Australia, and New Zealand.
Life360 partners with Aura in an ad and revenue sharing deal, investing $25 million in a convertible note. Chris emphasises Aura's complementary services and the potential for Life360's (ASX: 360) offerings in employee benefits, enhancing product reach and reducing churn.
With an eye on AI, Chris explains how Life360 enhances productivity and user experience. AI improves internal operations and tailors user notifications, driving smarter interactions. The focus remains on broadening the user base and leveraging subscription growth over hardware, aiming for full-year profitability and international expansion.