Chris Gawler's questions to LIFX leadership • Q1 2024
Question
Asked about the drivers behind the strong user growth momentum despite flat spending, the company's thoughts on reinvestment versus maintaining EBITDA guidance, and for details on the financial commitment and structure of the new Hubble partnership.
Answer
Executives attributed growth to demographic tailwinds from millennials and international expansion, stating they will maintain current financial guidance to show operating leverage. The Hubble investment is described as a small, single-digit million-dollar commitment, with Hubble undertaking most of the work, making it a low-effort, high-potential opportunity for Life360.