RAMP FY 2007 Earnings Report — LiveRamp Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LiveRamp Holdings, Inc.RAMP

FY 2007 Earnings

Reported May 30, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.3B	—	4.7%
Op. Income	$159M	—	$131M	—	21.1%
Gross Margin	27.3%	—	26.4%	—	0.9pp
Net Margin	5.1%	—	4.8%	—	0.3pp
EPS (Diluted)	$0.80	—	$0.71	—	12.7%
Free Cash Flow	$218M	—	$269M	—	-18.8%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.0B
GROSS PROFIT	$382M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$214M
Other Expenses	$9M
Operating Expenses	$223M
Cost & Expenses	$1.2B
OPERATING INCOME	$159M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$118M
Income Tax Expense	$47M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$230M
EBIT	$159M
EBITDA	$391M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.0B
GROSS PROFIT	$382M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$214M
Other Expenses	$9M
Operating Expenses	$223M
Cost & Expenses	$1.2B
OPERATING INCOME	$159M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$118M
Income Tax Expense	$47M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$230M
EBIT	$159M
EBITDA	$391M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$230M
Stock-Based Compensation	$0
Deferred Income Tax	$16M
Other Non-Cash Items	$4M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$260M
Capital Expenditure	-$42M
Acquisitions (Net)	-$33M
Purchases of Investments	$10M
Sales/Maturities of Investments	$3M
Other Investing Activities	-$67M
NET CASH FROM INVESTING	-$129M
Net Debt Issuance	$178M
Common Stock Repurchased	-$299M
Common Dividends Paid	-$18M
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$102M
FREE CASH FLOW	$218M
Net Change in Cash	$30M

Balance Sheet

Item	Amount
Cash & Equivalents	$38M
Short-Term Investments	$0
Net Receivables	$261M
Inventory	$46M
Other Current Assets	$58M
TOTAL CURRENT ASSETS	$413M
PP&E (Net)	$312M
Goodwill	$522M
Intangible Assets	$247M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$162M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.7B
Account Payables	$55M
Short-Term Debt	$107M
Deferred Revenue	$113M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$388M
Long-Term Debt	$527M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$98M
Other Non-Current Liabilities	$83M
TOTAL NON-CURRENT LIABILITIES	$747M
TOTAL LIABILITIES	$1.1B
Common Stock	$11M
Additional Paid-In Capital	$718M
Retained Earnings	$463M
Treasury Stock	-$689M
Accum. Other Comp. Income	$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$521M
Minority Interest	$0
TOTAL EQUITY	$521M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$738M
Net Debt	$700M