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LiveRamp Holdings (LiveRamp Holdings) Operating Income : $-2.5 Mil (TTM As of Dec. 2023)


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What is LiveRamp Holdings Operating Income?

LiveRamp Holdings's Operating Income for the three months ended in Dec. 2023 was $17.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. LiveRamp Holdings's Operating Income for the three months ended in Dec. 2023 was $17.7 Mil. LiveRamp Holdings's Revenue for the three months ended in Dec. 2023 was $173.9 Mil. Therefore, LiveRamp Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 10.18%.

Good Sign:

LiveRamp Holdings Inc operating margin is expanding. Margin expansion is usually a good sign.

LiveRamp Holdings's 5-Year average Growth Rate for Operating Margin % was 29.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LiveRamp Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 8.26%. LiveRamp Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 107.26%.


LiveRamp Holdings Operating Income Historical Data

The historical data trend for LiveRamp Holdings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LiveRamp Holdings Operating Income Chart

LiveRamp Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -178.21 -175.92 -117.83 -64.06 -90.48

LiveRamp Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.21 -37.40 2.39 14.78 17.70

LiveRamp Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LiveRamp Holdings  (NYSE:RAMP) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

LiveRamp Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=70.812 * ( 1 - 38.65% )/( (512.968 + 538.717)/ 2 )
=43.443162/525.8425
=8.26 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1180.519 - 143.462 - ( 524.089 - max(0, 186.697 - 727.846+524.089))
=512.968

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1224.741 - 154.814 - ( 531.21 - max(0, 208.752 - 769.662+531.21))
=538.717

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

LiveRamp Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=70.812/( ( (32.563 + max(26.912, 0)) + (33.7 + max(38.866, 0)) )/ 2 )
=70.812/( ( 59.475 + 72.566 )/ 2 )
=70.812/66.0205
=107.26 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174.703 + 0 + 29.054) - (143.462 + 20.978 + 12.405)
=26.912

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(199.383 + 0 + 37.926) - (154.814 + 29.957 + 13.672)
=38.866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

LiveRamp Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=17.703/173.869
=10.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


LiveRamp Holdings Operating Income Related Terms

Thank you for viewing the detailed overview of LiveRamp Holdings's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


LiveRamp Holdings (LiveRamp Holdings) Business Description

Traded in Other Exchanges
Address
225 Bush Street, Seventeenth Floor, San Francisco, CA, USA, 94104
LiveRamp's cloud-based software helps businesses combine their data (first-party data) about customer touch points such as on webpages, mobile apps, in stores, and on other devices with data from other sources to get a better view of a current or potential customer's activity. Such combined data can help businesses and advertisers create better profiles of their customers. The software is also used by publishers to easily combine their data with that of advertisers, helping them to optimize their ad inventory. LiveRamp generates revenue through a one-year subscription model (around 80% of total revenue) for its software. The firm also provides a marketplace for third-party data owners and data buyers, around 20% of total revenue.
Executives
Timothy R. Cadogan director 2210 MIDLOTHIAN DRIVE, ALTADENA CA 91001
Jerry C Jones officer: Chief Legal Officer & 301 E. DAVE WARD DRIVE, CONWAY AR 72032
Mohsin Hussain officer: Chief Technology Officer 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Charles Brian O'kelley director 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Lauren R Dillard officer: SVP Finance & IR; Interim CFO 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Warren Jenson officer: PRESIDENT, CFO & EMD-INT'L 30 FREDRICK AVE, ATHERTON CA 94027
Debora B Tomlin director 6550 OAK LEAF COURT, YOUNTVILLE CA 94599
John L. Battelle director PO BOX 606, 49 GLENWOOD AVE, ROSS CA 94957
Clark M Kokich director 506 SECOND AVE 9TH FLOOR, SEATTLE WA 98104
Scott E Howe director, officer: CEO & President 740 JACARANDA CIRCLE, HILLSBOROUGH CA 94010
Diego Panama officer: Chief Commercial Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
David R. Pann officer: Chief Product Officer 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
Omar Tawakol director 225 BUSH STREET, 17TH FLOOR, SAN FRANCISCO CA 94104
James F. Arra officer: DIVISIONAL CO-PRESIDENT 2430 STAFFORD ROAD, THOUSAND OAKS CA 91361
Kamakshi Sivaramakrishnan director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258