MS likes it:
Life360 delivered a very strong 2Q and is tracking ahead of US$110-120m AMR guidance.Key positives:
- Total MAU 32.3m +4.2 in 2Q closing in fast on FY21 MSe of 33.8m
- US MAU +2.1m to 20.3m appears on track vs MSe FY21e of 23.3m
- 1H21 revenue of A$48m plus 2H annualisation of US$106m AMR puts secured revenue at >US$100m vs MSe US$106m
- Added US$16m AMR in 1H21, requires a further US$16m in seasonally stronger 2H to hit MSe
- Cash burn US$1.9m in 2Q vs $3m in 1Q Key concerns:
- Flagged Covid variants may limit 2H21 upside, but still can deliver upper end of guidance
- Management pointed to harder reinvestment and EBITDA losses >$15m (MSe already -US$18m)
We see the top of funnel (MAU) and subscriber growth as the key drivers of the stock and expect these data points to be well received.
We are OW 360.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
MS likes it:Life360 delivered a very strong 2Q and is tracking...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 360 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.85 |
Change
-0.050(0.31%) |
Mkt cap ! $3.498B |
Open | High | Low | Value | Volume |
$15.95 | $16.01 | $15.68 | $10.94M | 692.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4174 | $15.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.90 | 3649 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 16.000 |
2 | 1627 | 15.850 |
1 | 1260 | 15.840 |
1 | 265 | 15.780 |
1 | 2599 | 15.760 |
Price($) | Vol. | No. |
---|---|---|
15.850 | 92 | 2 |
15.900 | 3649 | 2 |
15.950 | 4632 | 1 |
15.990 | 3873 | 1 |
16.000 | 3933 | 4 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
360 (ASX) Chart |