To my untrained eye, the acquisition of Tile, which is larger in terms of revenue than Life360 by almost a factor of 2 is probably the reason why they cannot provide guidance / outlook under US security laws.
In addition, given the size of the acquisition and the difficulty in determining the post-integration revenue and costs, any forward looking guidance is probably difficult to provide to the market pre-closing of the deal.
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- Ann: December 2021 Quarterly Activities Report and Appendix 4C
Ann: December 2021 Quarterly Activities Report and Appendix 4C, page-7
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