Liveramp Holdings Inc (RAMP)

Gross profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Gross profit	US$ in thousands	480,172	426,499	381,230	299,022	227,868
Revenue	US$ in thousands	659,661	596,583	528,657	443,026	380,572
Gross profit margin		72.79%	71.49%	72.11%	67.50%	59.88%

March 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $480,172K ÷ $659,661K
= 72.79%

Liveramp Holdings Inc has maintained a consistently strong gross profit margin over the past five years, with margins ranging from 59.88% in March 2020 to 72.79% in March 2024. This indicates that the company has effectively managed its production costs and pricing strategies to generate a high percentage of sales revenue after accounting for the cost of goods sold. The steady improvement in gross profit margin over the years demonstrates the company's ability to enhance operational efficiency and potentially increase pricing power in the market. Overall, Liveramp Holdings Inc's gross profit margin reflects sound financial management and operational performance.