Liveramp Holdings Inc (RAMP)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 11,404 | -125,800 | -65,538 | -120,548 | -180,922 |
| Revenue | US$ in thousands | 659,661 | 596,583 | 528,657 | 443,026 | 380,572 |
| Operating profit margin | 1.73% | -21.09% | -12.40% | -27.21% | -47.54% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $11,404K ÷ $659,661K
= 1.73%
Liveramp Holdings Inc's operating profit margin has displayed variability over the past five years. The operating profit margin was negative in the fiscal years ending in March 2020, 2021, and 2023, indicating that the company's operating expenses exceeded its operating income during those periods. However, there was an improvement in the company's performance in the subsequent years, with positive operating profit margins of -12.40% in 2022 and 1.73% in 2024.
It is evident that Liveramp Holdings Inc has made progress in managing its operating expenses and generating more operating income relative to its revenues in the recent fiscal years. This improvement in operating profit margin suggests that the company may have implemented cost-cutting measures or efficiency improvements in its operations. Nonetheless, further analysis of the company's financial performance and operational efficiency would be needed to provide a more in-depth assessment of its profitability trends.
Peer comparison
Mar 31, 2024