Liveramp Holdings, Inc. · NYSE:RAMP
Liveramp — Q3 2025 Earnings Presentation
18 slides from Liveramp's earnings presentation, Feb 5, 2025
Slide 1: Q3 FY25 Earnings Slides
Q3 FY25 Earnings Slides February 5, 2025
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, regarding LiveRamp’s (the "Company“) future busin
Slide 3: Use of Non-GAAP Information
Use of Non-GAAP Information The Company reports all financial information required in accordance with U.S. generally accepted accounting principles (“GAAP”). The Company believes, however, that evaluating its ongoing operating results will be enhanced if it also discloses certain non-GAAP informatio
Slide 4: Key Business Metrics
Key Business Metrics Q3 FY25 Predictable, Subscription Profitable Recurring Revenue Customer Base Long-term Model, Non-GAAP4 Scaled Network $491M 125 74% 500+ ARR1 $1M+ Clients2 Gross Margin Ecosystem Partners 5 Access to 75% 865 23% 92% Subscription Direct Clients3 Operating Margin of US Consumer T
Slide 5: Summary Financial Results
Summary Financial Results $M, except per share amounts GAAP Non-GAAP4 Q325 YoY Q325 YoY Revenue $195 12% — — Gross Profit $140 9% $146 11% Gross Margin 72% (2pts) 74% (1pts) Operating Income $15 (3%) $45 24% Operating Margin 8% (1pts) 23% 2pts Net Income $11 (20%) $37 14% EPS $0.17 (18%) $0.55 16% S
Slide 6: Revenue Summary
Revenue Summary $M Revenue by Type Q325 Q324 YoY Subscription $146 $132 10% Marketplace & Other $50 $42 20% Total $195 $174 12% Revenue by Geography Q325 Q324 YoY US $185 $163 13% International 6 $10 $11 (3%) Total $195 $174 12% Totals may not foot due to rounding. © 2025 LiveRamp. All rights reserv
Slide 7: Free Cash Flow
Free Cash Flow $M, Non-GAAP Q325 Q324 Operating Cash Flow $45 $17 Capital Expenditures ($0) ($2) Free Cash Flow $45 $14 Totals may not foot due to rounding. © 2025 LiveRamp. All rights reserved. 7
Slide 8: Key Growth Metrics
Key Growth Metrics $M 1 Subscription Net Retention 7 3 ARR Growth 1 Q324 Q424 Q125 Q225 Q325 Q324 Q424 Q125 Q225 Q325 Subscription ARR $447 $467 $478 $483 $491 101% 103% 105% 107% 108% Net Retention (SNR) YoY % 6% 10% 12% 13% 10% 2 Platform Net Retention 8 4 TTM Marketplace Revenue Growth Q324 Q424
Slide 9: Revenue Detail
Revenue Detail $M Subscription Revenue: Q324 Q424 Q125 Q225 Q325 Fixed % of Total Subscription 84% 86% 88% 84% 84% Usage % of Total Subscription 16% 14% 12% 16% 16% Total Subscription Revenue $132 $134 $135 $143 $146 YoY growth 5% 11% 11% 14% 10% Marketplace & Other Revenue: Data Marketplace $33 $30
Slide 10: Remaining Performance Obligations (RPO)
Remaining Performance Obligations (RPO) 9 $M $579 $566 $536 (up 6% YoY) $546 $504 $490 $145 Non-Current $152 $164 $138 $130 $151 $414 $434 Current $382 $398 $374 (up 13% YoY) $339 Q224 Q324 Q424 Q125 Q225 Q325 Totals may not foot due to rounding. © 2025 LiveRamp. All rights reserved. See slide 17 fo
Slide 11: Outlook
Outlook /L
Slide 12: Q4 & FY25 Outlook
Q4 & FY25 Outlook ($M) Other Items (~$M) Q4 FY25 FY25 Revenue $184-186 $741-$743 Ongoing Stock-based Comp $95 YoY Growth 7% - 8% 12% - 13% Acquisition-related Stock-based Comp $15 Total Stock-based Comp $110 GAAP Operating Income (Loss) ($8) $10 Share Count (Basic) 66 Non-GAAP Operating Income 10 $2
Slide 13: Appendix
Appendix /L
Slide 14: Ecosystem Connectivity and Scale
Ecosystem Connectivity and Scale LiveRamp… Global North America EU LATAM APAC Interoperable PAIR 75% of Comscore 100 23k+ Open Web Domains Most Ubiquitious Multi-Channel Open Exchange Private Marketplace Direct Walled Garden CTV MarTech More than 92% of US At Scale & Effective consumer time spent Hi
Slide 15: Customer Success Stories
Customer Success Stories Illustrative Case Studies ● Omni Hotels & Resorts: Improves Advertising Effectiveness by 4x Through Data Collaboration ● Albertsons Media Collective: Delivers stronger brand and customer experiences with data collaboration ● Indeed: Connects More Job Seekers to Their Next Be
Slide 16: GAAP to Non-GAAP Schedules and Metrics
GAAP to Non-GAAP Schedules and Metrics GAAP to Non-GAAP Trended Schedules, Reconciliations, EBITDA and EPS metrics are presented on our investor relations website: https://investors.liveramp.com/financial-information/quarterly-results © 2025 LiveRamp. All rights reserved. 16
Slide 17: Footnotes
Footnotes 1 Annualized recurring revenue (“ARR”) is last month of quarter recurring revenue annualized. Recurring revenue is fixed and contracted subscription revenue and does not include any variable or non-recurring revenue amounts. This metric is forward looking and does not factor in potential c
Slide 18: Thank You
Thank You /L