LiveRamp Holdings (RAMP) FY2017 results: revenue $175 million, down 79.4% on the year
LiveRamp Holdings, Inc. (RAMP) reported revenue of $175 million for fiscal 2017, the year ended 31 March 2017, down 79.4% on the year before. Net income was $4 million, down 38.7%, and diluted earnings per share $0.05. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2019.
Revenue
$175 million
-79.4% on the year
FY2010FY2017
Operating margin
-75.2%
-1.5% a year earlier
FY2010FY2017
Net income
$4 million
-38.7% on the year
FY2010FY2017
Diluted EPS
$0.05
-44.4% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
175
850
805
-79.4%
Cost of revenue
100.0
488
494
-79.5%
Gross profit
74.8
362
311
-79.3%
Gross margin
42.8%
42.5%
38.6%
Research and development
49.4
74.2
74.2
-33.5%
Selling, general and administrative
n/a
n/a
189
Operating income
-131
-13.1
-32.7
Operating margin
-75.2%
-1.5%
-4.1%
Interest expense
7.4
7.7
7.7
-3.8%
Pre-tax income
-131
-20.3
-41.3
Income tax
-45.2
-11.6
-14.8
Net income
4.1
6.7
-11.0
-38.7%
Net margin
2.4%
0.8%
-1.4%
Diluted EPS
$0.05
$0.09
-$0.14
-44.4%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
115
120
105
-4.0%
Capital expenditure
23.1
47.4
57.0
-51.3%
Free cash flow
92.0
72.5
48.0
+26.8%
Free cash flow margin
52.7%
8.5%
6.0%
Depreciation and amortisation
32.0
85.5
80.4
-62.6%
Share-based compensation
39.4
31.5
28.3
+25.3%
Buybacks
30.5
52.8
9.9
-42.1%
Diluted shares, weighted
80m
78m
77m
+2.9%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
739
699
703
+5.7%
Debt
229
190
287
+20.5%
Other liabilities
266
261
303
+2.2%
Total liabilities and equity
1,235
1,150
1,294
+7.4%
Fixed assets
156
183
176
-14.8%
Goodwill
200
493
497
-59.3%
Intangible assets
66.3
44.1
55.5
+50.2%
Cash and equivalents
170
190
141
-10.2%
Receivables
143
139
127
+3.0%
Other assets
499
102
297
+390.6%
Total assets
1,235
1,150
1,294
+7.4%
10-K for the year ended 31 March 2017, filed 29 May 2019: the filing.