Mission Statement, Vision, & Core Values (2024) of LiveRamp Holdings, Inc. (RAMP)

An Overview of LiveRamp Holdings, Inc. (RAMP)

General Summary of LiveRamp Holdings, Inc.

LiveRamp Holdings, Inc. (NYSE: RAMP) is a leading data connectivity platform that enables businesses to harness the full potential of their customer data. Founded in 2011 and headquartered in San Francisco, California, LiveRamp specializes in providing solutions for identity resolution and data onboarding. Its primary offerings include data management, audience targeting, and analytics services, which empower companies to create personalized marketing strategies and enhance customer engagement.

As of 2024, LiveRamp reported total revenues of $361.4 million for the six months ended September 30, 2024, representing a 15.1% increase compared to $313.9 million for the same period in 2023. The company’s subscription revenue reached $278.1 million, while Marketplace and Other revenues contributed an additional $83.4 million.

Company's Financial Performance in the Latest Financial Reports

In the latest financial reporting period, LiveRamp achieved record-breaking revenue, with total revenues of $185.5 million for the quarter ended September 30, 2024, a 16.0% increase from $159.9 million in the same quarter of 2023. This growth was primarily driven by a 14.0% increase in subscription revenue, which amounted to $143.3 million, and a 23.5% increase in Marketplace and Other revenues, totaling $42.2 million.

The company’s gross profit for the quarter was $134.2 million, resulting in a gross margin of 72.4%, down from 74.2% in the previous year. Operating expenses for the quarter were $126.8 million, an increase of 15% compared to $110.5 million in the same quarter of 2023. Income from operations was reported at $7.5 million, with a corresponding operating margin of 4.0%.

Net earnings for the quarter were $1.7 million, or $0.03 per diluted share, down from $4.9 million, or $0.07 per diluted share, in the prior year. The effective tax rate for the quarter was 85.2%.

LiveRamp’s cash and cash equivalents totaled $338.9 million as of September 30, 2024, with net accounts receivable at $192.1 million, reflecting an increase from $190.3 million at the end of March 2024.

Introduction to LiveRamp as a Leader in the Industry

LiveRamp stands as one of the foremost companies in the data connectivity and identity resolution industry. The company’s innovative solutions are designed to bridge the gap between online and offline customer data, enabling businesses to create cohesive marketing strategies that enhance customer experiences. With a subscription net retention rate of 107% as of September 30, 2024, LiveRamp demonstrates its ability to retain and expand business with existing customers.

The company’s annualized recurring revenue (ARR) reached $483 million, marking a 13% growth compared to the previous year. This growth is indicative of LiveRamp’s strong market position and its ongoing commitment to enhancing its product offerings.

As a leader in its field, LiveRamp continues to innovate and adapt to the evolving needs of the market, making it a compelling choice for businesses looking to leverage data for improved decision-making and customer engagement.

Mission Statement of LiveRamp Holdings, Inc. (RAMP)

Mission Statement of LiveRamp Holdings, Inc. (RAMP)

LiveRamp's mission is to empower brands and organizations to connect with their customers through data-driven insights and solutions. By providing a secure and privacy-centric data ecosystem, LiveRamp aims to enhance the effectiveness of marketing strategies and improve customer engagement.

Core Component 1: Empowering Brands

LiveRamp focuses on empowering brands by enabling them to leverage their data effectively. This is reflected in their commitment to providing high-quality products and services that help brands create meaningful connections with their audiences. For instance, in the six months ended September 30, 2024, LiveRamp reported a subscription revenue of $278.1 million, which is a 12.3% increase from the previous year. This growth is attributed to upselling existing customers and acquiring new clients.

Core Component 2: Data-Driven Insights

Data-driven insights are integral to LiveRamp's mission. The company emphasizes the importance of analytics in shaping marketing strategies. As of September 30, 2024, LiveRamp's annualized recurring revenue (ARR) reached $483 million, reflecting a 13% growth from the previous year. This growth indicates the increasing reliance of brands on data analytics to drive their decisions and improve their marketing ROI.

Core Component 3: Privacy-Centric Solutions

LiveRamp’s mission also underscores its dedication to privacy-centric solutions. The company has implemented robust data governance practices to ensure compliance with privacy regulations. In the fiscal year 2024, the company generated total revenues of $361.4 million, a 15.1% increase year-over-year, demonstrating its ability to grow while maintaining a strong focus on privacy.

LiveRamp’s mission statement is not merely a set of words; it is a reflection of the company's strategic direction and commitment to its stakeholders. By focusing on empowering brands, providing data-driven insights, and ensuring a privacy-centric approach, LiveRamp is positioned to lead in the evolving landscape of data connectivity and marketing solutions.

Vision Statement of LiveRamp Holdings, Inc. (RAMP)

Vision Statement of LiveRamp Holdings, Inc. (RAMP)

The vision statement of LiveRamp Holdings, Inc. emphasizes the company's commitment to transforming data into actionable insights. This vision is underpinned by several key components that reflect the organization's strategic direction and aspirations for 2024.

LiveRamp aims to empower businesses by providing a comprehensive data connectivity platform. The company envisions a future where organizations can seamlessly connect, control, and activate their data across various channels. As of September 30, 2024, LiveRamp reported an annualized recurring revenue (ARR) of $483 million, reflecting a 13% increase from the previous year. This growth is attributed to both new customer acquisition and upselling existing clients.

LiveRamp is committed to continuous innovation in data solutions, focusing on enhancing its offerings to meet evolving market demands. The company invested $43.9 million in research and development (R&D) for the quarter ended September 30, 2024, which is a 30% increase compared to the same quarter in 2023. This investment underscores LiveRamp's dedication to developing cutting-edge technology that facilitates data integration and analytics.

LiveRamp envisions expanding its global footprint, enabling clients to leverage data on a worldwide scale. In the six months ending September 30, 2024, the company's U.S. revenue increased by 16.3%, while international revenue experienced a slight decline of 2.0%. This indicates a strong domestic market presence while highlighting the need for strategic initiatives in international markets.

The company’s vision includes a strong focus on customer success, ensuring that clients can maximize their data's potential. LiveRamp’s subscription net retention rate rose to 107% by September 30, 2024, reflecting the company's effectiveness in retaining and expanding relationships with existing customers. The acquisition of Habu contributed approximately two percentage points to this growth, showcasing LiveRamp's strategy of enhancing its service offerings through strategic acquisitions.

LiveRamp emphasizes the importance of data privacy and compliance in its vision. The company is committed to adhering to global data protection regulations, ensuring that clients can trust its platform for secure data management. As of September 30, 2024, LiveRamp has maintained a robust compliance framework, which is critical for sustaining customer confidence and driving future growth.

Core Values of LiveRamp Holdings, Inc. (RAMP)

Integrity

The core value of integrity is fundamental to LiveRamp Holdings, Inc. (RAMP). It emphasizes transparency, accountability, and ethical practices in all business dealings.

In 2024, LiveRamp demonstrated its commitment to integrity through various initiatives, including rigorous compliance training programs for employees and a transparent governance structure. The company has implemented a whistleblower policy to encourage reporting of unethical behavior, ensuring a safe environment for employees to speak up. This commitment to integrity is reflected in its governance practices, where the board of directors regularly reviews compliance with ethical standards.

Innovation

Innovation is a cornerstone of LiveRamp's strategy, driving the development of cutting-edge solutions that enhance data connectivity and privacy.

In fiscal 2024, LiveRamp invested approximately $88 million in research and development, representing a significant increase from the previous year. The launch of new features in the LiveRamp Data Marketplace, which now includes partnerships with over 500 brands and agencies, showcases its innovative approach to data monetization and customer engagement. This commitment to innovation is further evidenced by the acquisition of Habu, which added $6.8 million to subscription revenue in the first half of fiscal 2024.

Customer Centricity

LiveRamp's core value of customer centricity drives its mission to deliver exceptional service and support to its clients.

In 2024, the company achieved a subscription net retention rate of 107%, up from 101% the previous year, indicating strong customer loyalty and satisfaction. The growth in annualized recurring revenue (ARR) by 13% to $483 million is a testament to its focus on delivering value to customers. Additionally, LiveRamp's professional services revenue, which accounts for approximately 4% of total revenue, reflects its commitment to helping customers maximize their investment in LiveRamp's solutions.

Collaboration

Collaboration is essential to LiveRamp's operations, fostering teamwork and partnerships both internally and externally.

In fiscal 2024, LiveRamp established new partnerships with multiple marketing technology providers, enhancing its integration capabilities across platforms. This collaborative approach has resulted in a 25.6% increase in Marketplace and Other revenues, totaling $83 million. Furthermore, the company serves over 885 direct customers and thousands of additional customers indirectly through reseller arrangements, illustrating its collaborative ecosystem.

Accountability

Accountability at LiveRamp involves taking responsibility for actions and outcomes, ensuring that all employees uphold the company's values.

LiveRamp's commitment to accountability is reflected in its comprehensive performance metrics, including a gross margin of 72.4% and a decrease in operating expenses to $126.8 million, illustrating prudent financial management. The company also regularly communicates its financial performance to stakeholders, ensuring transparency in its operations and reinforcing its accountability to investors.

Updated on 16 Nov 2024

Resources:

1. LiveRamp Holdings, Inc. (RAMP) Financial Statements – Access the full quarterly financial statements for Q2 2025 to get an in-depth view of LiveRamp Holdings, Inc. (RAMP)' financial performance, including balance sheets, income statements, and cash flow statements.
2. SEC Filings – View LiveRamp Holdings, Inc. (RAMP)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.