LiveRamp Holdings Files 2024 10-K

TL;DR

LiveRamp (RAMP) dropped its 2024 10-K. Full year financials and biz ops detailed.

AI Summary

LiveRamp Holdings, Inc. filed its 10-K for the fiscal year ending March 31, 2024. The company, formerly known as Acxiom Holdings, Inc., reported its financial performance and business operations. The filing details its fiscal year 2024 results and provides a comprehensive overview of its business, financial condition, and risk factors.

Why It Matters

This filing provides investors and stakeholders with a detailed look into LiveRamp's financial health and strategic direction for the past fiscal year, influencing investment decisions.

Risk Assessment

Risk Level: medium — 10-K filings inherently carry medium risk due to the comprehensive nature of financial and operational disclosures, which can reveal significant business or market challenges.

Key Numbers

• 2024 — Fiscal Year End (The report covers the fiscal year ending March 31, 2024.)
• 20240522 — Filing Date (The 10-K was filed on May 22, 2024.)

Key Players & Entities

• LiveRamp Holdings, Inc. (company) — Filer of the 10-K
• Acxiom Holdings, Inc. (company) — Former name of LiveRamp Holdings, Inc.
• 20240331 (date) — Fiscal year end date
• 20240522 (date) — Filing date

FAQ

Key Financial Figures

• $0.10 — The number of shares of common stock, $0.10 par value per share, outstanding as of

Filing Documents

• ramp-20240331.htm (10-K) — 2023KB
• a2024q4ex32secondamendedan.htm (EX-3.2) — 112KB
• a2024q4ex19liverampstocktr.htm (EX-19) — 46KB
• a2024q4ex21subsidiaries.htm (EX-21) — 24KB
• a2024q4exhibit23kpmgconsent.htm (EX-23) — 2KB
• a2024q4ex24powersofattorney.htm (EX-24) — 10KB
• a2024q4ex311ceosection302c.htm (EX-31.1) — 11KB
• a2024q4ex312cfosection302c.htm (EX-31.2) — 11KB
• a2024q4ex321ceosection1350.htm (EX-32.1) — 5KB
• a2024q4ex322cfosection1350.htm (EX-32.2) — 5KB
• a2024q4ex97clawbackpolicy.htm (EX-97) — 29KB
• ramp-20240331_g1.jpg (GRAPHIC) — 136KB
• ramp-20240331_g2.jpg (GRAPHIC) — 111KB
• 0000733269-24-000018.txt ( ) — 12704KB
• ramp-20240331.xsd (EX-101.SCH) — 83KB
• ramp-20240331_cal.xml (EX-101.CAL) — 125KB
• ramp-20240331_def.xml (EX-101.DEF) — 440KB
• ramp-20240331_lab.xml (EX-101.LAB) — 964KB
• ramp-20240331_pre.xml (EX-101.PRE) — 766KB
• ramp-20240331_htm.xml (XML) — 1839KB

Risk Factors

Item 1A. Risk Factors 20

Unresolved Staff Comments

Item 1B. Unresolved Staff Comments 32

Cybersecurity

Item 1C. Cybersecurity 32

Properties

Item 2. Properties 33

Legal Proceedings

Item 3. Legal Proceedings 34

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 34 Part II

Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 35

[ Reserved ]

Item 6. [ Reserved ] 37

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 37

Quantitative and Qualitative Disclosures About Market Risk

Item 7A. Quantitative and Qualitative Disclosures About Market Risk 37

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data 38

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 38

Controls and Procedures

Item 9A. Controls and Procedures 38

Other Information

Item 9B. Other Information 39

Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 39 Part III

Directors, Executive Officers and Corporate Governance

Item 10. Directors, Executive Officers and Corporate Governance 40

Executive Compensation

Item 11. Executive Compensation 40

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 41

Certain Relationships and Related Transactions, and Director Independence

Item 13. Certain Relationships and Related Transactions, and Director Independence 42

Principal Accountant Fees and Services

Item 14. Principal Accountant Fees and Services 42 Part IV

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules 46

Form 10-K Summary

Item 16. Form 10-K Summary 43

Signatures

Signatures 44 Index to Financial Supplement to Annual Report F- 1 3 PART I AVAILABILITY OF SEC FILINGS AND CORPORATE GOVERNANCE INFORMATION Our website address is www.liveramp.com, where copies of documents that we have filed with the Securities and Exchange Commission ("SEC") may be obtained free of charge as soon as reasonably practicable after being filed electronically. Included among those documents are our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended ("Exchange Act"). Copies may also be obtained through the SEC's EDGAR site at the website address http://www.sec.gov, or by sending a written request for copies to LiveRamp Investor Relations, 225 Bush Street, Seventeenth Floor, San Francisco, California 94104. Copies of all our SEC filings were available on our website during the past fiscal year covered by this Annual Report on Form 10-K. In addition, at the "Corporate Governance" section included in the investor relations section of our website, we have posted copies of our Corporate Governance Principles, the charters for the Audit/Finance, Talent and Compensation, Executive, and Governance/Nominating Committees of the Board of Directors, the codes of ethics applicable to directors, financial personnel and all employees, and other information relating to the governance of the Company. Although referenced herein, information contained on or connected to our corporate website is not incorporated by reference into this Annual Report on Form 10-K and should not be considered part of this report or any other filing we make with the SEC. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION This Annual Report on Form 10-K, including, without limitation, the items set forth beginning on page F- 2 in Management's Discussion and Analysis of Financial Condition and Re

Forward-looking statements may include but are not limited to the following

Forward-looking statements may include but are not limited to the following: management's expectations about the macro economy and trends within the consumer or business information industries, including the use of data and consumer expectations related thereto; our expectations regarding laws, regulations and industry practices governing the collection and use of personal data; our expectations regarding the potential impact of public health crises, similar to the COVID-19 pandemic, on our business, operations, and the markets in which we and our partners and customers operate; our expectations regarding the impact of tax-related legislation on our tax position; our estimates, assumptions, projections and/or expectations regarding the Company's annualized future cost savings and expenses associated with our global workforce strategy and real estate footprint reduction; 4

Business

Item 1. Business LiveRamp Holdings, Inc. ("LiveRamp", "we", "us", or the "Company") is a global technology company that helps companies build enduring brand and business value by collaborating responsibly with data. A groundbreaking leader in consumer privacy, data ethics and foundational identity, LiveRamp offers a connected customer view with clarity and context while protecting brand and consumer trust. Our best-in-class enterprise platform enables data collaboration, where companies can share first-party consumer data with trusted business partners securely and in a privacy conscious manner. We offer flexibility to collaborate wherever data lives to support a wide range of data collaboration use cases—within organizations, between brands, and across our global network of premier partners. Global innovators, from iconic consumer brands and tech platforms to retailers, financial services, and healthcare leaders, turn to LiveRamp to deepen customer engagement and loyalty, activate new partnerships, and maximize the value of their first-party data while staying on the forefront of rapidly evolving compliance and privacy requirements. LiveRamp is a Delaware corporation headquartered in San Francisco, California. Our common stock is listed on the New York Stock Exchange under the symbol "RAMP." We serve a global customer base from locations in the United States, Europe, and the Asia-Pacific ("APAC") region. Our direct customer list includes many of the world's best-known and most innovative brands across most major industry verticals, including but not limited to financial, insurance and investment services, retail, automotive, telecommunications, high tech, consumer packaged goods, healthcare, travel, entertainment and non-profit. Through our expansive partner ecosystem we serve thousands of additional companies, unlocking access to unique customer moments and creating powerful network effects. Industry We are experiencing a convergence of several key industr

View Full Filing

View this 10-K filing on SEC EDGAR