ASX stocks gain ground on parents' concerns
Life360 paid subscribers tipped 2.5 million in June while shares rose 135% in 12 months
Tinybeans posted a breakthrough Q4 with strong subscriber growth and a 12% lift in annual subscription revenue
Special Report: The 'anxiety economy' is booming and tech companies that cater to parents' need for reassurance are cashing in.
This week, family tracking app Life360 reported record growth, with revenue for the half year to June 30 climbing 34% to $US219 million ($336.2 million) and paid subscribers hitting 2.5 million.
The California-based, ASX-listed company credited rising parental concerns for fuelling its expansion, with new chief executive Lauren Antonoff describing peace of mind as 'essential – like wi-fi or electricity.'
Shares surged 8% on the news and are up 135% over the past 12 months.
More than 88 million users globally now use Life360 (ASX:360)'s location tracking – now including options for pets and elderly relatives – as well as driving behaviour monitoring. Its shares have risen more than 81% this year, making it a market favourite among fund managers.
Anxiety economy not yet cornered
While Life360 has cornered the physical safety side of the anxiety economy, another ASX-lister is positioning itself to benefit from mounting parental concerns over digital safety and privacy.
Sydney-founded TinyBeans (ASX:TNY) offers a private, invitation-only photo-sharing and digital journaling platform for families, allowing parents to share milestones without putting images on public social media. In the past year, the company has seen solid subscriber growth as parents reassess the trade-off between convenience and control.
Tinybeans' recent national survey of 1002 Australian parents found 75% have chosen not to post a photo of their child due to privacy concerns. 67% said sharing updates with grandparents is a priority, but they want to do so safely.
'We're seeing a decisive cultural shift,' said Tinybeans CEO Zsofi Paterson. 'Parents want to stay connected with loved ones, but they're no longer willing to trade their child's privacy for the convenience of a public feed. They're actively looking for safer, more controlled ways to share the moments that matter.'
That shift is translating into tangible growth. Tinybeans reported a breakthrough Q4 FY25, marking what Paterson described as 'a step-change for the business'. Global visibility surged after the app was named Apple's App of the Day in more than 100 countries, driving new subscriber sign-ups and fuelling two consecutive quarters of positive operating cash flow.
Annual subscription revenue rose 12% year-on-year to US$3.32m (A$5.08m), with paid subscribers lifting to ~50,600 in Q4, up from ~50,200 in Q3. Operating cash flow in Q4 was US$141,000 (A$216,000), reversing a US$1.22m outflow in the prior corresponding period, with cash on hand at quarter-end at US$1.71m (A$2.62m).
Chair James Warburton said the results show Tinybeans 'is demonstrating that disciplined execution and a clear vision can deliver meaningful results not just operationally, but for families around the world.'
'Whether it's knowing where your child is or knowing exactly who can see their photo, these are the new essentials for modern parenting,' CEO Zsofi Paterson said.
'For many families, privacy is as critical as safety.'
Tinybeans is set to release its full-year results next week.
This article was developed in collaboration with Tinybeans, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Sydney Morning Herald
25 minutes ago
- Sydney Morning Herald
Helicopter parent? Yep. Hypocrite? For sure. Why more and more of us are tracking our kids
I slipped into the Apple Store furtively, not quite sure what I was doing was right. My child would soon be walking to school on her own, I said. And I wanted to track her. The shop assistant met my query with total approval. As though what I was seeking – to digitally surveille my own kid – was perfectly normal. So I bought the AirTag, which would nestle into her school backpack and assure me that she had arrived at school safely. Electronic stalking of children by their parents is increasingly common. And it's a controversial topic. Is it a valid and respectful way to ensure our children's safety? Or is it an invasion of privacy which is contributing to the anxiety epidemic among kids who have only ever known a world dominated by the smartphone? The phenomenon brings to mind comedian Tina Fey's quip about using Photoshop to digitally alter images: 'it is appalling and a tragic reflection on the moral decay of our society … unless I need it, in which case, everybody be cool'. Whether it's right or wrong, a bias towards surveillance is clearly the prevailing parental sentiment – this week the California-based family tracking app Life360 reported its half-yearly earnings, which showed record revenue growth. The business is worth $9.5 billion, and is expanding into the tracking of ageing relatives and family pets. In Australia, use of Life360 has surged from 1.9 million monthly active users in 2023 to 2.7 million in 2024. 'We're seeing the rise of what we call the anxiety economy – a shift where families are making more values-based decisions and prioritising peace of mind in how they spend,' said the company's newly announced chief executive, Lauren Antonoff. 'I think of us as the antidote for the anxiety. We're not telling people that there's danger around every corner, but we know that people think about this stuff.' The company recently released an advertisement that went viral, which satirised the very parental anxiety it monetises. The ad featured a mother singing a Disney-style song to her teenage daughter called I think of you (dying) in which the mother voices her catastrophic thoughts about the fatal disasters that could befall her child while she's out of sight. They include getting stuck in a mine, being kidnapped by bandits and bleeding out on the street.
The Age
25 minutes ago
- The Age
Helicopter parent? Yep. Hypocrite? For sure. Why more and more of us are tracking our kids
I slipped into the Apple Store furtively, not quite sure what I was doing was right. My child would soon be walking to school on her own, I said. And I wanted to track her. The shop assistant met my query with total approval. As though what I was seeking – to digitally surveille my own kid – was perfectly normal. So I bought the AirTag, which would nestle into her school backpack and assure me that she had arrived at school safely. Electronic stalking of children by their parents is increasingly common. And it's a controversial topic. Is it a valid and respectful way to ensure our children's safety? Or is it an invasion of privacy which is contributing to the anxiety epidemic among kids who have only ever known a world dominated by the smartphone? The phenomenon brings to mind comedian Tina Fey's quip about using Photoshop to digitally alter images: 'it is appalling and a tragic reflection on the moral decay of our society … unless I need it, in which case, everybody be cool'. Whether it's right or wrong, a bias towards surveillance is clearly the prevailing parental sentiment – this week the California-based family tracking app Life360 reported its half-yearly earnings, which showed record revenue growth. The business is worth $9.5 billion, and is expanding into the tracking of ageing relatives and family pets. In Australia, use of Life360 has surged from 1.9 million monthly active users in 2023 to 2.7 million in 2024. 'We're seeing the rise of what we call the anxiety economy – a shift where families are making more values-based decisions and prioritising peace of mind in how they spend,' said the company's newly announced chief executive, Lauren Antonoff. 'I think of us as the antidote for the anxiety. We're not telling people that there's danger around every corner, but we know that people think about this stuff.' The company recently released an advertisement that went viral, which satirised the very parental anxiety it monetises. The ad featured a mother singing a Disney-style song to her teenage daughter called I think of you (dying) in which the mother voices her catastrophic thoughts about the fatal disasters that could befall her child while she's out of sight. They include getting stuck in a mine, being kidnapped by bandits and bleeding out on the street.
Herald Sun
a day ago
- Herald Sun
Arika's search for golden game changer
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. 'Garimpeiro' columnist Barry FitzGerald has covered the resources industry for 35 years. Now he's sharing the benefits of his experience with Stockhead readers. In a $5100/oz-plus Aussie gold market there is nothing quite like a big targeted exploration program in a prodigious gold region to get the interest up. And so it is with Arika Resources (ASX:ARI), which has been attracting followers of late on the strength of its 10,000m drilling program at two projects in the Leonora-Laverton district. It is funded for the hunt after a $5 million capital raise in May and at a share price of 3.9c for a market cap of $33.5 million, Arika has plenty of leverage to exploration success. Investors won't die wondering with this one, as there will be a steady flow of exploration results over the next 6-12 months. Both of the company's projects – Yundamindra and Kookynie – are surrounded by the region's big name producers like Genesis, Northern Star and Gold Fields, among others. As recent activity in the region has demonstrated, there are plenty of options around toll treatment/ore purchase/acquisitions should Arika work up a deposit that is measured in the hundreds of thousands of ounces rather than the millions of ounces category. Arika is after the big discovery for sure. It's just that in this gold price environment there is plenty of value to be had with smaller finds. Think of it as a potential value backstop while Arika continues the hunt for the game changing discovery. Where is the game changer? Both of Arika's projects are peppered with historic workings which are obvious drilling targets. But there are also a bunch of targets hidden from oldtimers by cover. Geophysics and geochemical work leading up to the drilling program has taken what could be called high-priority targets to more than 50. Arika reported first results from drilling at the F1 Fault at the Landed at Last prospect at Yundamindra on Monday. The best intercepts included 4m at 41.56g/t from 52m and 27m at 2.45g/t from 61m, and they've served to rev up interest in the stock. F1is one of several north-east trending structures which cross-cut Landed at Last's mineralisation towards the northern end of what Arika, without blushing, calls the Yellow Brick Road. It is a mineralised structural corridor than extends for more than 16km along the western flank of the Yundamindra syncline. A 10km section of the Yellow Brick Road is dotted with historical workings. Despite its location and history of gold mining, the Yundamindra area has only ever been lightly explored. What modern era drilling was conducted by previous owners was mostly shallow at less than 50m. Before the latest drilling Arika tested for depth extensions, with the deepest hole to date at the prospect returning a super encouraging 14.8m grading 3.1g/t from 87m. More where that came from Arika boss Justin Barton said on Monday that it was important to remember that F1 was just one of the many under-explored prospects along the Yellow Brick Road. Garimpeiro reckons Dorothy most likely agrees. The drill rig motored on from F1 to another highly ranked prospect called Bonaparte (assays pending) and is now testing the Banjo's Camp prospect. As indicated earlier, assay results from the drilling campaign will be rolled out on a regular basis. Over at Kookynie, Arika shares tenement boundaries with Genesis Minerals (ASX:GMD) . An aeromagnetic survey has been completed at the Ithaca prospect, which sits immediately along strike from Genesis' Ulysses gold mine. Like the prospective areas at Yundamindra much of the prospective ground at Kookynie is on mining leases, which means if there is a near-term opportunity to monetise a smallish discovery while the search for the big one goes on, Arika will be able to act quickly. Originally published as Barry FitzGerald: Prodigious gold region a yellow brick road for Arika
