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Mar 31, 2024

LiveRamp Q4 2024 Earnings Report

LiveRamp's financial performance exceeded expectations in Q4 2024, with revenue and operating income surpassing forecasts.

Key Takeaways

LiveRamp announced a 16% increase in Q4 revenue year-over-year, driven by strong growth in subscription and marketplace revenue. The company's operating loss improved significantly, and non-GAAP EPS reached $0.25. LiveRamp is preparing for the deprecation of third-party cookies, focusing on its Data Collaboration Platform.

Total revenue increased by 16% year-over-year to $172 million.

Subscription revenue grew by 11% year-over-year to $134 million.

Marketplace & Other revenue increased by 38% year-over-year to $38 million.

Non-GAAP diluted earnings per share was $0.25.

Total Revenue
$172M
Previous year: $149M
+15.6%
EPS
$0.25
Previous year: $0.32
-21.9%
Gross Profit
$124M
Previous year: $105M
+17.9%
Cash and Equivalents
$372M
Previous year: $464M
-20.0%
Free Cash Flow
$25.9M
Total Assets
$1.23B
Previous year: $1.17B
+5.0%

LiveRamp

LiveRamp

LiveRamp Revenue by Segment

Forward Guidance

For the first quarter of fiscal 2025, LiveRamp expects revenue of $172 million, a GAAP operating loss of $8 million, and a non-GAAP operating income of $25 million. For fiscal 2025, LiveRamp expects revenue between $710 million and $730 million, a GAAP operating loss between $8 million and $4 million, and a non-GAAP operating income between $125 million and $129 million.

Positive Outlook

  • Revenue of $172 million, an increase of 12% for Q1 2025.
  • Non-GAAP operating income of $25 million for Q1 2025.
  • Revenue between $710 million and $730 million, an increase of between 8% and 11% for fiscal year 2025.
  • Non-GAAP operating income between $125 million and $129 million for fiscal year 2025.
  • Focus on Data Collaboration Platform to help advertisers and publishers.

Challenges Ahead

  • GAAP operating loss of $8 million for Q1 2025.
  • GAAP operating loss of between $8 million and $4 million for fiscal year 2025.
  • Uncertainties related to rising interest rates and potential recession.
  • Dependence on customer renewals and reliance on partners.
  • Risk of failure to realize benefits from Habu acquisition.

Revenue & Expenses

Visualization of income flow from segment revenue to net income