Tech stocks are back in a big way. Some of the best growth stocks to buy now are
Life360 (ASX: 360)
Life360 continues to advance its position as a technology-centric leader in family safety and connectivity supported by solid growth metrics and an expanding global footprint. In first quarter of 2025, the company reported strong performance with monthly active users rising to 83.7 million and paying circles increasing by 26% year-on-year to reach 2.4 million. The company’s strong quarterly performance highlights the effectiveness of its premium business model and its ability to drive user engagement through digital innovation. WTC is one of the top growth stocks having posted $103.6 million in revenue for the quarter a 32% increase from the previous year while adjusted EBITDA came in at $15.9 million, reflecting a solid 15% margin.
Life360’s technology platform integrates real-time location tracking, driving behaviour analytics, emergency response and digital identity protection offering a unified and data rich experience tailored to the modern family’s needs.
A key driver of the company’s momentum is its on-going investment in platform enhancements including the integration of Tile devices, expansion of premium tier services and the development of a robust advertising infrastructure powered by first party data. These initiatives are supported by a scalable cloud architecture and machine learning capabilities that improve personalization and operational efficiency. With a presence in over 170 countries and increasing international adoption, Life360 projects FY 25 revenue between $450 million and $480 million with adjusted EBITDA expected in the range of $65 million to $75 million. Life360 is redefining how families stay connected by blending safety, technology and everyday convenience into one seamless experience. With its global reach and forward-thinking approach, the company is setting a new standard for digital family solutions.
WiseTech Global Limited (ASX: WTC)
WiseTech Global is changing the way the logistics industry works by using smart technology to make complex global supply chains easier to manage. CargoWise, its core platform is cloud based software that allows logistics companies to manage international shipping, customs, warehousing and compliance all from a single system. Today, the platform supports over 16,500 logistics providers in 195 countries including many of the world’s largest freight forwarders.
In the first half of FY25, WTC achieved revenue of USD $381 million marking a 17% increase from the previous year. CargoWise alone contributed $331.7 million with 21% organic growth a clear sign of growing customer demand. Wisetech’s growth has been fueled by its on-going commitment to innovation. In the past five years alone the company has introduced over 5,800 product updates and invested more than $870 million into research and development to keep its platform ahead of the curve. Its latest innovations CargoWise next, ComplianceWise and Container transport optimization are built to make logistics operations smoother, boost compliance with global regulations and enhance decision making in transport management. These tools are part of WiseTech’s strategy to offer more advanced and user friendly solutions that can handle the growing demands of the logistics industry.
WiseTech is expanding its digital capabilities through strategic acquisitions aimed at boosting document automation and customs processing functions. The company’s strong SaaS model, consistent profitability and growing global presence signal its potential to become a leading force in logistics technology.
(Source: Company Announcements)
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