LiveRamp Holdings (RAMP) FY2021 results: revenue $443 million, up 16.4% on the year
LiveRamp Holdings, Inc. (RAMP) reported revenue of $443 million for fiscal 2021, the year ended 31 March 2021, up 16.4% on the year before. Net income was -$90 million, and diluted earnings per share $-1.36. The figures are the company's own, from the 10-K it filed with the SEC on 27 May 2021.
Revenue
$443 million
+16.4% on the year
FY2014FY2021
Operating margin
-27.2%
-47.5% a year earlier
FY2014FY2021
Net income
-$90 million
FY2014FY2021
Diluted EPS
-$1.36
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Revenue
443
381
286
+16.4%
Cost of revenue
144
153
121
-5.7%
Gross profit
299
228
165
+31.2%
Gross margin
67.5%
59.9%
57.7%
Research and development
135
106
85.7
+27.5%
Operating income
-121
-181
-198
Operating margin
-27.2%
-47.5%
-69.4%
Pre-tax income
-121
-166
-179
Income tax
-30.5
-40.3
-45.4
Net income
-90.3
-125
1,029
Net margin
-20.4%
-32.7%
360.1%
Diluted EPS
-$1.36
-$1.84
$13.71
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
-20.6
-28.8
-461
Capital expenditure
2.2
11.7
7.3
-81.4%
Free cash flow
-22.7
-40.5
-468
Free cash flow margin
-5.1%
-10.6%
-163.8%
Cash from investing
-87.9
n/a
n/a
Cash from financing
-43.5
-202
-842
Depreciation and amortisation
27.7
35.9
33.8
-22.7%
Share-based compensation
112
89.4
103
+24.9%
Buybacks
42.3
182
74.4
-76.8%
Diluted shares, weighted
66m
68m
75m
-2.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,081
1,088
1,331
-0.6%
Debt
0.0
0.0
0.0
Operating lease liabilities
4.2
11.4
n/a
-63.7%
Other liabilities
203
203
142
+0.3%
Total liabilities and equity
1,288
1,302
1,473
-1.0%
Fixed assets
12.0
19.3
26.0
-38.1%
Goodwill
357
298
205
+20.0%
Intangible assets
39.7
45.2
28.6
-12.1%
Cash and equivalents
573
718
1,061
-20.2%
Receivables
114
92.8
78.6
+23.2%
Other assets
192
129
73.6
+48.9%
Total assets
1,288
1,302
1,473
-1.0%
10-K for the year ended 31 March 2021, filed 27 May 2021: the filing.