NYSE$RAMP

LiveRamp Holding · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$119M

Previous: $106M+12.7%
EPS (adj)

$0.04

Previous: -$0.05+180.0%
Subscription net retention

101.0%

Previous: 110.0%-8.2%
Platform net retention

104.0%

Previous: 122.0%-14.8%
Capital Expenditures

$376K

Previous: $1.41M-73.3%
Net Income

-$32.8M

Previous: -$4.88M-573.2%
Operating Income

-$51.9M

Previous: -$40.8M-27.3%
Gross Profit

$81.6M

Previous: $68.8M+18.5%
Cash & Equivalents

$573M

Previous: $718M-20.2%
Total Assets

$1.29B

Previous: $1.3B-1.0%
Stock-Based Comp

$47.1M

Previous: $17.2M+174.5%

Revenue & EPS history

LiveRamp · Revenue · Quarterly

$119M

Q4 2021+12.7%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

LiveRamp · $119M total across 2 segments · Q4 2021

  • Subscription
    $94M+11.9%
  • Marketplace and Other
    $25M+13.6%

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.

Tailwinds

  • 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

Headwinds

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

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.2%

Avg return

Earnings day

+3.3%

Avg return

5 days after

+2.9%

Avg return

30 days after

61%

41 / 67 earnings

Positive

+23.9%

Q4 2020

Best reaction

-22.4%

Q4 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.0%+28.2%+27.4%
Q3 2026+3.5%+3.6%+31.1%
Q2 2026+6.8%+12.6%+7.4%
Q4 2025+19.5%+14.4%+8.6%
Q3 2025+2.7%-0.5%-22.4%
Q2 2025+13.0%+14.4%+25.9%
Q1 2025-18.7%-17.2%-7.2%
Q4 2024+4.8%-2.2%-7.7%
Q3 2024-5.2%-10.0%-14.8%
Q2 2024+21.9%+10.3%+16.1%
Q1 2024+12.1%+7.8%+6.0%
Q4 2023-11.2%-6.2%+1.6%
Q3 2023-9.3%-9.3%-19.9%
Q2 2023+14.8%+36.0%+39.4%
Q1 2023-15.2%-20.9%-31.5%
Q4 2022+1.8%+5.4%+14.6%
Q3 2022-6.5%-4.3%-21.5%
Q2 2022+4.1%+0.7%-17.3%
Q1 2022+22.8%+22.2%+32.3%
Q4 2021+2.0%+5.8%+0.5%
Q3 2021-10.7%-13.5%-33.9%
Q2 2021-21.8%-20.9%-11.0%
Q1 2021+2.3%-4.6%-2.3%
Q4 2020+23.9%+21.2%+14.8%
Q3 2020+8.8%-1.9%-15.4%
Q2 2020+9.1%+8.3%+17.8%
Q1 2020-11.1%-6.6%-19.7%
Q4 2019-5.7%-5.6%-12.8%
Q3 2019+11.3%+20.0%+36.2%
Q2 2019-1.0%+4.9%+3.4%
Q1 2019+3.2%+2.9%+5.7%
Q4 2018+0.4%+4.6%+9.6%
Q3 2018+5.0%+6.2%+21.1%
Q2 2018+8.7%+5.7%+9.7%
Q1 2018-6.6%-12.0%-12.4%
Q4 2017-7.8%-9.1%-6.1%
Q3 2017+11.2%+9.6%+9.7%
Q2 2017+13.1%+18.7%+16.6%
Q1 2017+9.2%+9.0%+14.8%
Q4 2016-13.8%
Q3 2016+8.3%
Q2 2016+0.9%
Q1 2016+11.0%
Q4 2015-2.8%
Q3 2015-4.4%
Q2 2015-5.3%
Q1 2015-2.3%
Q4 2014-22.4%
Q3 2014+10.9%
Q2 2014-6.5%
Q1 2014+1.1%
Q4 2013+1.6%
Q3 2013-6.5%
Q2 2013-2.5%
Q1 2013+0.1%
Q4 2012+6.1%
Q3 2012+1.0%
Q2 2012-5.0%
Q1 2012+2.3%
Q4 2009+2.2%
Q3 2011+0.5%
Q3 2010+0.5%
Q2 2010-0.7%
Q2 2011-0.7%
Q4 2010+0.7%
Q1 2011+0.7%
Q1 2010+0.7%

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