Liveramp Holdings Inc (RAMP)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 36,151 | -113,450 | -35,075 | -120,800 | -164,787 |
| Revenue | US$ in thousands | 659,661 | 596,583 | 528,657 | 443,026 | 380,572 |
| Pretax margin | 5.48% | -19.02% | -6.63% | -27.27% | -43.30% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $36,151K ÷ $659,661K
= 5.48%
Liveramp Holdings Inc's pretax margin has shown a positive trend over the past five years. The company's pretax margin improved from negative percentages in 2020 and 2021 to positive percentages in 2022, 2023, and 2024. This indicates that the company has been able to better control its operating expenses and generate more operating income relative to its revenue.
In particular, the pretax margin increased from -43.30% in 2020 to 5.48% in 2024, reflecting a significant turnaround in the company's profitability. This improvement suggests that Liveramp Holdings Inc has successfully implemented cost-cutting measures or operational efficiencies, resulting in stronger profitability.
Overall, the positive trend in the pretax margin indicates that Liveramp Holdings Inc has been able to enhance its operating performance and financial health over the past five years. This bodes well for the company's future prospects and sustainability.
Peer comparison
Mar 31, 2024