RAMP FY 2009 Earnings Report — LiveRamp Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LiveRamp Holdings, Inc.RAMP

FY 2009 Earnings

Reported May 29, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.4B	—	-7.8%
Op. Income	$93M	—	$40M	—	130.7%
Gross Margin	23.6%	—	21.4%	—	2.2pp
Net Margin	2.9%	—	-0.6%	—	3.5pp
EPS (Diluted)	$0.48	—	$-0.10	—	588.3%
Free Cash Flow	$191M	—	$213M	—	-10.5%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$975M
GROSS PROFIT	$301M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$170M
Other Expenses	$39M
Operating Expenses	$209M
Cost & Expenses	$1.2B
OPERATING INCOME	$93M
Interest Income	$0
Interest Expense	$33M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$62M
Income Tax Expense	$25M
Net Income from Continuing Ops	$38M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$199M
EBIT	$95M
EBITDA	$293M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$975M
GROSS PROFIT	$301M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$170M
Other Expenses	$39M
Operating Expenses	$209M
Cost & Expenses	$1.2B
OPERATING INCOME	$93M
Interest Income	$0
Interest Expense	$33M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$62M
Income Tax Expense	$25M
Net Income from Continuing Ops	$38M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$199M
EBIT	$95M
EBITDA	$293M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$38M
Depreciation & Amortization	$199M
Stock-Based Compensation	$10M
Deferred Income Tax	$16M
Other Non-Cash Items	$23M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$269M
Capital Expenditure	-$78M
Acquisitions (Net)	-$16M
Purchases of Investments	$78M
Sales/Maturities of Investments	$3M
Other Investing Activities	-$52M
NET CASH FROM INVESTING	-$65M
Net Debt Issuance	-$87M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$9M
Other Financing Activities	$34.0K
NET CASH FROM FINANCING	-$87M
FREE CASH FLOW	$191M
Net Change in Cash	$115M

Balance Sheet

Item	Amount
Cash & Equivalents	$177M
Short-Term Investments	$0
Net Receivables	$192M
Inventory	$81M
Other Current Assets	$54M
TOTAL CURRENT ASSETS	$459M
PP&E (Net)	$215M
Goodwill	$455M
Intangible Assets	$130M
Long-Term Investments	$31M
Tax Assets	$74M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$908M
TOTAL ASSETS	$1.4B
Account Payables	$28M
Short-Term Debt	$41M
Deferred Revenue	$55M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$255M
Long-Term Debt	$537M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$59M
Other Non-Current Liabilities	$9M
TOTAL NON-CURRENT LIABILITIES	$605M
TOTAL LIABILITIES	$860M
Common Stock	$12M
Additional Paid-In Capital	$800M
Retained Earnings	$442M
Treasury Stock	-$740M
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$508M
Minority Interest	$0
TOTAL EQUITY	$508M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$578M
Net Debt	$401M