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Mar 31, 2020

LiveRamp Q4 2020 Earnings Report

Announced fourth quarter and fiscal year results with Q4 revenue up 35% and subscription revenue up 28%.

Key Takeaways

LiveRamp's Q4 revenue reached $106 million, a 35% increase year-over-year, with subscription revenue growing by 28% to $84 million, representing 79% of total revenue. The company's GAAP gross profit was $69 million, up 70%, and GAAP gross margin expanded to 65%. GAAP loss per share was $0.07, while non-GAAP loss per share was $0.05.

Total revenue was $106 million, up 35% compared to the prior year period.

Subscription revenue was $84 million, up 28% and contributed 79% of total revenue.

GAAP gross profit was $69 million, up 70% compared to the prior year period, with gross margin expanding 13 percentage points to 65%.

LiveRamp added 10 net new direct subscription customers during the quarter, bringing its total direct customer count to 780, an increase of 17% year over year.

Total Revenue
$106M
Previous year: $78.3M
+35.0%
EPS
-$0.05
Previous year: -$0.13
-61.5%
Subscription Net Retention
110%
Platform Net Retention
122%
Gross Profit
$68.8M
Previous year: $40.6M
+69.8%
Cash and Equivalents
$718M
Previous year: $1.06B
-32.4%
Total Assets
$1.3B
Previous year: $1.47B
-11.6%

LiveRamp

LiveRamp

LiveRamp Revenue by Segment

Forward Guidance

LiveRamp expects revenue of up to approximately $80 million, an increase of approximately 7% year-over-year for the first quarter of fiscal 2021. GAAP operating loss from continuing operations of up to $47 million and non-GAAP operating loss of up to $12 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income