LiveRamp Holdings (RAMP) FY2020 results: revenue $381 million, up 33.2% on the year
LiveRamp Holdings, Inc. (RAMP) reported revenue of $381 million for fiscal 2020, the year ended 31 March 2020, up 33.2% on the year before. Net income was -$125 million, and diluted earnings per share $-1.84. The figures are the company's own, from the 10-K it filed with the SEC on 26 May 2020.
Revenue
$381 million
+33.2% on the year
FY2013FY2020
Operating margin
-47.5%
-69.4% a year earlier
FY2013FY2020
Net income
-$125 million
FY2013FY2020
Diluted EPS
-$1.84
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
381
286
220
+33.2%
Cost of revenue
153
121
96.4
+26.5%
Gross profit
228
165
124
+38.2%
Gross margin
59.9%
57.7%
56.2%
Research and development
106
85.7
60.7
+23.7%
Operating income
-181
-198
-134
Operating margin
-47.5%
-69.4%
-60.7%
Interest expense
n/a
n/a
10.1
Pre-tax income
-166
-179
-133
Income tax
-40.3
-45.4
-65.7
Net income
-125
1,029
23.5
Net margin
-32.7%
360.1%
10.7%
Diluted EPS
-$1.84
$13.71
$0.29
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
-28.8
-461
112
Capital expenditure
11.7
7.3
9.4
+60.0%
Free cash flow
-40.5
-468
102
Free cash flow margin
-10.6%
-163.8%
46.4%
Cash from financing
-202
-842
-81.5
Depreciation and amortisation
35.9
33.8
37.6
+6.3%
Share-based compensation
89.4
103
52.9
-12.9%
Buybacks
182
74.4
88.9
+144.8%
Diluted shares, weighted
68m
75m
82m
-9.7%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
1,088
1,331
749
-18.3%
Debt
0.0
0.0
229
Operating lease liabilities
11.4
n/a
n/a
Other liabilities
203
142
231
+42.8%
Total liabilities and equity
1,302
1,473
1,209
-11.6%
Fixed assets
19.3
26.0
32.3
-25.8%
Goodwill
298
205
204
+45.5%
Intangible assets
45.2
28.6
44.5
+58.1%
Cash and equivalents
718
1,061
140
-32.4%
Receivables
92.8
78.6
52.0
+18.1%
Other assets
129
73.6
737
+75.3%
Total assets
1,302
1,473
1,209
-11.6%
10-K for the year ended 31 March 2020, filed 26 May 2020: the filing.