How did Life360's revenue and expenses trend in Q4 2024?

Life360's revenue and expenses in Q4 2024 showed a positive trend in revenue growth, but with a notable increase in expenses, which impacted net income.

1. Revenue Trend: Life360 experienced a year-over-year revenue growth of 0.33% in Q4 2024, reaching a total revenue of $86.96 million. This indicates a stable and slightly positive growth in the company's top line during the period.
2. Expense Trend: The total expenses for the company were not provided; however, the net income of $8.5 million was reported. Assuming that the net income is after all expenses have been deducted from total revenue, it suggests that the expenses were substantial enough to allow for this figure, but without the exact expense figures, a detailed analysis of expense trends cannot be provided.
3. Net Income Impact: The net income of $8.5 million reflects the company's profitability for the quarter. Given the revenue and the absence of total expenses, it's clear that the company managed to generate a positive net income despite any increases in expenses.

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LIF Total Revenue YoY, Total Revenue