Key takeaway: The tech company's losses reduced dramatically for the full year, with some metrics going positive for the first time. A new line of revenue is due to come online in 2024 further bolstering its outlook.
The San-Fransisco headquartered, but ASX-listed, tech company Life360 saw strong growth over the calendar year 2023 and is on the cusp of becoming profitable.
Revenue was up 33.4% to US$304.5 million ($499.8m), earnings before interest tax, depreciation and amortisation (ebitda) improved 80.6% from
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Key takeaway: The tech company's losses reduced dramatically for the full year, with some metrics going positive for the first time. A new line of revenue is due to come online in 2024 further bolstering its outlook.
