LiveRamp (US:RAMP)2023-05-25 03:22Financial Performance - Total revenue for Q4 2023 was $149 million, a 5% year-over-year increase[17, 20] - Subscription revenue in Q4 2023 reached $121 million, also a 5% year-over-year increase[20] - Non-GAAP gross profit for Q4 2023 was $111 million, with a gross margin of 75%[17, 47] - Non-GAAP operating income for Q4 2023 was $14 million, resulting in a 10% operating margin[17, 47] - The company has 95 clients with over $1 million in revenue[14] Key Metrics - Subscription revenue accounted for 81% of total revenue[13] - The company has over 500 ecosystem partners[12] - The company has 920 direct clients[11] - Annualized Recurring Revenue (ARR) reached $424 million, a 6% year-over-year increase[27, 74] - Subscription Net Retention (SNR) was 97%[27, 111] Revenue Breakdown - US revenue in Q4 2023 was $139 million, a 5% year-over-year increase[20] - International revenue in Q4 2023 was $10 million, a 4% year-over-year increase, or approximately 9% adjusted for foreign currency exchange rates[20, 69]