LiveRamp Holdings (RAMP) FY2018 results: revenue $220 million, up 25.9% on the year
LiveRamp Holdings, Inc. (RAMP) reported revenue of $220 million for fiscal 2018, the year ended 31 March 2018, up 25.9% on the year before. Net income was $23 million, up 471.6%, and diluted earnings per share $0.29. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2019.
Revenue
$220 million
+25.9% on the year
FY2011FY2018
Operating margin
-60.7%
-75.2% a year earlier
FY2011FY2018
Net income
$23 million
+471.6% on the year
FY2011FY2018
Diluted EPS
$0.29
+480.0% on the year
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
220
175
850
+25.9%
Cost of revenue
96.4
100.0
488
-3.6%
Gross profit
124
74.8
362
+65.4%
Gross margin
56.2%
42.8%
42.5%
Research and development
60.7
49.4
74.2
+23.0%
Operating income
-134
-131
-13.1
Operating margin
-60.7%
-75.2%
-1.5%
Interest expense
10.1
7.4
7.7
+37.3%
Pre-tax income
-133
-131
-20.3
Income tax
-65.7
-45.2
-11.6
Net income
23.5
4.1
6.7
+471.6%
Net margin
10.7%
2.4%
0.8%
Diluted EPS
$0.29
$0.05
$0.09
+480.0%
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
112
115
120
-3.1%
Capital expenditure
9.4
23.1
47.4
-59.4%
Free cash flow
102
92.0
72.5
+11.0%
Free cash flow margin
46.4%
52.7%
8.5%
Cash from financing
-81.5
n/a
n/a
Depreciation and amortisation
37.6
32.0
85.5
+17.8%
Share-based compensation
52.9
39.4
31.5
+34.2%
Buybacks
88.9
30.5
52.8
+191.0%
Diluted shares, weighted
82m
80m
78m
+2.1%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
749
739
699
+1.4%
Debt
229
229
190
+0.2%
Other liabilities
231
266
261
-13.4%
Total liabilities and equity
1,209
1,235
1,150
-2.0%
Fixed assets
32.3
156
183
-79.3%
Goodwill
204
200
493
+1.6%
Intangible assets
44.5
66.3
44.1
-32.8%
Cash and equivalents
140
170
190
-17.8%
Receivables
52.0
143
139
-63.5%
Other assets
737
499
102
+47.7%
Total assets
1,209
1,235
1,150
-2.0%
10-K for the year ended 31 March 2018, filed 29 May 2019: the filing.