10-K - LiveRamp Holdings, Inc. (0000733269) (Filer)

Wed, May 22, 9:07 PM (262 days ago)

**LiveRamp Holdings, Inc. (Fiscal Year Ended March 31, 2024) Summary:** - **Revenue**: $659.7 million, a 10.6% increase from $596.6 million in FY 2023. - **Net Income**: $11.9 million, or $0.17 per diluted share, compared to a net loss of $118.7 million, or $1.79 per diluted share in FY 2023. - **Operating Expenses**: $468.8 million, a 15.1% decrease from $552.3 million. - **Gross Margin**: Increased to 72.8% from 71.5%. - **Cash Flow**: Net cash provided by operating activities was $105.7 million, compared to $34.4 million. - **Stock Repurchases**: 2.1 million shares for $60.5 million, compared to 6.1 million shares for $150.0 million in FY 2023. **Strategic Overview**: Acquired Habu, Inc. to enhance data collaboration capabilities, with a total consideration of $173.4 million. The acquisition aims to streamline campaign measurement across various media channels and improve data connectivity. **Risk Factors**: Includes dependency on customer renewals, competition, cybersecurity threats, regulatory changes, and potential adverse impacts from economic conditions and geopolitical events. **Future Outlook**: Focus on expanding customer base, enhancing existing customer relationships, and growing global footprint, particularly in Europe and APAC regions. Emphasis on innovation and maintaining leadership in data connectivity and privacy.