LiveRamp Holdings (RAMP) FY2019 results: revenue $286 million, up 29.8% on the year
LiveRamp Holdings, Inc. (RAMP) reported revenue of $286 million for fiscal 2019, the year ended 31 March 2019, up 29.8% on the year before. Net income was $1.0 billion, up 4280.5%, and diluted earnings per share $13.71. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2019.
Revenue
$286 million
+29.8% on the year
FY2012FY2019
Operating margin
-69.4%
-60.7% a year earlier
FY2012FY2019
Net income
$1.0 billion
+4,280.5% on the year
FY2012FY2019
Diluted EPS
$13.71
+4,627.6% on the year
FY2012FY2019
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Revenue
286
220
175
+29.8%
Cost of revenue
121
96.4
100.0
+25.2%
Gross profit
165
124
74.8
+33.3%
Gross margin
57.7%
56.2%
42.8%
Research and development
85.7
60.7
49.4
+41.2%
Operating income
-198
-134
-131
Operating margin
-69.4%
-60.7%
-75.2%
Interest expense
n/a
10.1
7.4
Pre-tax income
-179
-133
-131
Income tax
-45.4
-65.7
-45.2
Net income
1,029
23.5
4.1
+4,280.5%
Net margin
360.1%
10.7%
2.4%
Diluted EPS
$13.71
$0.29
$0.05
+4,627.6%
$ 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
FY2019
FY2018
FY2017
On the year
Last 8 years
Operating cash flow
-461
112
115
Capital expenditure
7.3
9.4
23.1
-21.9%
Free cash flow
-468
102
92.0
Free cash flow margin
-163.8%
46.4%
52.7%
Cash from financing
-842
-81.5
n/a
Depreciation and amortisation
33.8
37.6
32.0
-10.3%
Share-based compensation
103
52.9
39.4
+94.3%
Buybacks
74.4
88.9
30.5
-16.3%
Diluted shares, weighted
75m
82m
80m
-8.0%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
1,331
749
739
+77.7%
Debt
0.0
229
229
Other liabilities
142
231
266
-38.4%
Total liabilities and equity
1,473
1,209
1,235
+21.8%
Fixed assets
26.0
32.3
156
-19.5%
Goodwill
205
204
200
+0.5%
Intangible assets
28.6
44.5
66.3
-35.8%
Cash and equivalents
1,061
140
170
+658.1%
Receivables
78.6
52.0
143
+50.9%
Other assets
73.6
737
499
-90.0%
Total assets
1,473
1,209
1,235
+21.8%
10-K for the year ended 31 March 2019, filed 29 May 2019: the filing.