Liveramp Holdings Inc (RAMP)

Gross profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Gross profit (ttm)	US$ in thousands	480,172	461,196	447,589	433,725	426,499	423,594	410,313	397,729	381,230	360,599	341,220	318,773	299,022	286,253	267,836	246,755	227,868	199,575	180,507	172,170
Revenue (ttm)	US$ in thousands	659,661	636,435	621,181	608,409	596,583	589,682	571,671	551,862	528,657	506,107	485,256	462,627	443,026	429,552	412,016	397,498	380,487	353,102	330,906	305,575
Gross profit margin		72.79%	72.47%	72.05%	71.29%	71.49%	71.83%	71.77%	72.07%	72.11%	71.25%	70.32%	68.90%	67.50%	66.64%	65.01%	62.08%	59.89%	56.52%	54.55%	56.34%

March 31, 2024 calculation

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

Liveramp Holdings Inc has shown a consistent improvement in its gross profit margin over the past several quarters. The company's gross profit margin has been steadily increasing from 54.55% in June 2019 to 72.79% in March 2024. This indicates that Liveramp has been effectively managing its cost of goods sold and has been able to generate more gross profit from its revenue over time.

The upward trend in the gross profit margin suggests that Liveramp has been able to control its production and operational costs while potentially increasing the selling price of its products or services. This could be attributed to operational efficiencies, cost-saving initiatives, or pricing strategies implemented by the company.

Overall, the consistent improvement in Liveramp Holdings Inc's gross profit margin demonstrates positive performance in managing its cost structure and maximizing profitability from its core business activities. It indicates a healthy financial position and efficient operations within the company.