Filing Flows › LiveRamp Holdings (RAMP) › Q3 FY25
LiveRamp Holdings (RAMP) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 5, 2025
LiveRamp Holdings (RAMP) reported revenue of $195M for the third quarter fiscal 2025 (Q3 FY25), +12% from a year earlier and +5% from the quarter before. Operating margin was 7.5%, net earnings $11.2M (5.7% of revenue).
LiveRamp Holdings, Q3 FY25: revenue $195M (+12% year over year), operating margin 7.5%, net earnings $11.2M, operating cash flow $45.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $195M | +5% | +12% |
| Gross profit | $140M | +5% | +9% |
| Operating profit | $14.7M | +96% | -3% |
| Net earnings | $11.2M | +547% | -20% |
| Operating cash flow | $45.1M | -19% | +173% |
| Free cash flow | $44.8M | — | +213% |
What changed
Revenue was $195.4M in Q3 FY25, up 12% year over year and up 5% from the previous quarter.
Gross margin was 71.9%, down 2.3 points from a year earlier. Operating profit was $14.7M, a 7.5% margin (down 1.2 points year over year). Operating profit fell $528K even though revenue rose $21.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 12%. The fastest-growing cost line was General & admin (+17%). Net earnings were $11.2M, down 20% year over year. The effective tax rate was 45.0%. Non-operating items added $5.7M, 28% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $45.1M (up 173% year over year), 402% of net earnings. Non-cash charges added back $4.4M of depreciation and amortization and $26.8M of share-based compensation. Working capital and other items added $2.7M. After capital expenditures ($282K), free cash flow as the company reports it was $44.8M.
Questions
What was LiveRamp Holdings' revenue in the third quarter fiscal 2025?
LiveRamp Holdings (RAMP) reported revenue of $195M for the third quarter fiscal 2025 (Q3 FY25), +12% from a year earlier and +5% from the quarter before.
Was LiveRamp Holdings profitable in the third quarter fiscal 2025?
Operating profit was $14.7M (7.5% of revenue) and net earnings $11.2M.
Source: LiveRamp Holdings 10-Q on SEC EDGAR.