GURUFOCUS.COM » STOCK LIST » Technology » Software » Life360 Inc (OTCPK:LIFX) » Definitions » EBIT

Life360 (Life360) EBIT : $-21.5 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Life360 EBIT?

Life360's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-6.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-21.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Life360's annualized ROC % for the quarter that ended in Mar. 2024 was -12.58%. Life360's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,518.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Life360's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.96%.


Life360 EBIT Historical Data

The historical data trend for Life360's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life360 EBIT Chart

Life360 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -28.76 -16.65 -32.26 -94.41 -29.98

Life360 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.89 -4.24 -6.51 -4.34 -6.38

Competitive Comparison of Life360's EBIT

For the Software - Application subindustry, Life360's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Life360's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Life360's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Life360's EV-to-EBIT falls into.



Life360 EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life360  (OTCPK:LIFX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Life360's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-25.516 * ( 1 - -16.63% )/( (236.14 + 236.915)/ 2 )
=-29.7593108/236.5275
=-12.58 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Life360's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-25.516/( ( (1.744 + max(-5.222, 0)) + (1.617 + max(-12.07, 0)) )/ 2 )
=-25.516/( ( 1.744 + 1.617 )/ 2 )
=-25.516/1.6805
=-1,518.36 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.18 + 4.099 + 15.53) - (24.965 + 33.932 + 8.134)
=-5.222

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.036 + 6.338 + 14.178) - (24.426 + 35.513 + 9.683)
=-12.07

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Life360's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-21.47/2238.558
=-0.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Life360 EBIT Related Terms

Thank you for viewing the detailed overview of Life360's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Life360 (Life360) Business Description

Traded in Other Exchanges
Address
1900 South Norfolk Street, Suite 310, San Mateo, CA, USA, 94403
Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the U.S., the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.
Executives
Susan L. Stick officer: General Counsel 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Samir Kapoor officer: Chief Technology Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Lauren Antonoff officer: Chief Operating Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
John Philip Coghlan director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Charles J. Prober director, other: CEO of Tile, Inc. C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Randi Zuckerberg director 394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111
Chris Hulls director, officer: Chief Executive Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Carrie Cronkey officer: Chief Marketing Officer C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Kirsten Daru officer: Chief Privacy Officer, GC, Sec C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Mark Goines director C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Alex Haro director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Brit Morin director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
James Synge director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David Wiadrowski director C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David William Rice officer: Chief Operating Officer C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107