LiveRamp Holdings, Inc. (RAMP) FY2025 10-K Annual Report

Filed: May 21, 2025
Information Technology
Services-Computer Processing & Data PreparationSEC EDGAR

LiveRamp Holdings, Inc. (RAMP) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 21, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

LiveRamp Holdings, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Data collaboration technology platform enabling marketers and media owners to unify and activate customer data for marketing performance
  • Strategic emphasis on responsible data collaboration in an AI-driven, outcomes-focused environment reflecting current market dynamics
  • Fiscal 2025 revenue $745.6M, up 13% YoY; R&D spend increased to $176.7M from $151.2M, showing heightened investment in innovation
  • Increased treasury stock repurchase by $101.3M in 2025, signaling aggressive capital return compared to $60.5M in prior year
  • Net loss narrowed significantly to $0.8M from $11.9M net income in 2024; continuing operation loss $2.5M vs prior year $10.1M profit

Risk Factors

  • Regulatory/legal risk: Compliance with ASC 606 revenue recognition accounting standard, including judgments on contract identification and transaction price allocation
  • Macroeconomic risk: Workforce restructuring impacting ~5% of employees with $7.2 million charges, reflecting cost pressures and strategic reprioritization
  • Operational risk: Dependence on accurate data matching and identity resolution technology integrating 500+ partners for platform functionality
  • Competition risk: Competition from evolving marketing cloud providers and data marketplaces affecting customer acquisition and retention in an $745.6M revenue market
  • Financial risk: Significant non-cash stock compensation expense of $108 million, influencing operating expenses and net income outcomes

LiveRamp Holdings, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$746M

+13.0% YoY

Net Income

-$814,000

-106.9% YoY

Gross Margin

71.0%

-175bp YoY

Operating Margin

0.7%

-100bp YoY

Net Margin

-0.1%

-191bp YoY

ROE

-0.1%

-134bp YoY

Total Assets

$1.3B

+2.3% YoY

EPS (Diluted)

$-0.01

-105.9% YoY

Operating Cash Flow

$154M

+45.7% YoY

Source: XBRL data from LiveRamp Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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