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Mar 31, 2021

LiveRamp Q4 2021 Earnings Report

Announced financial results for the quarter and fiscal year ended March 31, 2021.

Key Takeaways

LiveRamp reported Q4 revenue of $119 million, a 13% increase year-over-year. Subscription revenue was $94 million, also up 13%, representing 79% of total revenue. GAAP gross margin was 68%, and non-GAAP gross margin was 74%. GAAP loss per share was $0.49, while non-GAAP earnings per share was $0.04.

Total revenue was $119 million, up 13%.

Subscription revenue was $94 million, up 13% and contributed 79% of total revenue.

GAAP gross profit was $82 million, up 19% and GAAP gross margin of 68% expanded 3 percentage points.

GAAP loss per share was $0.49, and non-GAAP earnings per share was $0.04.

Total Revenue
$119M
Previous year: $106M
+12.7%
EPS
$0.04
Previous year: -$0.05
-180.0%
Subscription Net Retention
101%
Previous year: 110%
-8.2%
Platform Net Retention
104%
Previous year: 122%
-14.8%
Gross Profit
$81.6M
Previous year: $68.8M
+18.5%
Cash and Equivalents
$573M
Previous year: $718M
-20.2%
Total Assets
$1.29B
Previous year: $1.3B
-1.0%

LiveRamp

LiveRamp

LiveRamp Revenue by Segment

Forward Guidance

For the first quarter of fiscal 2022, LiveRamp expects revenue of up to $112 million, an increase of up to 13% year-over-year. GAAP operating loss of approximately $30 million and Non-GAAP operating loss of up to $2 million. For fiscal 2022, LiveRamp expects revenue of up to $509 million, an increase of up to 15% year-over-year. GAAP operating loss of between $119 million and $114 million and Non-GAAP operating income of between $0 million and $5 million.

Positive Outlook

  • Revenue of up to $112 million, an increase of up to 13% year-over-year
  • Non-GAAP operating loss of up to $2 million
  • Revenue of up to $509 million, an increase of up to 15% year-over-year
  • Non-GAAP operating income of between $0 million and $5 million

Challenges Ahead

  • GAAP operating loss of approximately $30 million
  • GAAP operating loss of between $119 million and $114 million

Revenue & Expenses

Visualization of income flow from segment revenue to net income