RAMPLiveRamp Holdings, Inc.
Services-Computer Processing & Data Preparation · $2.3B market cap · 1,300 employees
4.3×
More likely than average to be taken private
Top 2% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works
Takeover signals
What an activist or buyer would see: cheap, overpaid, diluted or under pressure.
6of 15 firedHow well they predict deals →
- TSR below peersYes3 of 5 years3+ of last 5 years
- Dilutive SBCYes10% of revenueOver 10% of revenue
- Payouts exceed cash flowYes122% of cash flowBuybacks + dividends over cash flow
- Net cashYesNet cash · 3.8× EBITDAMore cash than debt, positive EBITDA
- Buyout-sizedYes$2.3B market capMarket cap $500M–$5B
- Recurring revenueYes8 of 1010-K business scored 7+ of 10 for recurring revenue
9 other checks
- High CEO pay despite TSRNo$10M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo115% of net incomeCash flow under 80% of net income
- Goodwill-heavyNo39% of assetsOver 40% of assets
- Shareholder dissentNo84% lowest supportAny vote under 80% support
- Low revenue per employeeNo$625K · 64th pctBottom quartile of its SIC industry
- Quiet on AINo5.8 per 10K words · 85th pctBottom quartile of AI mentions in 10-Ks
- AI-rollup shapedNo1 of 1010-K business scored 5+ of 10 as an AI-rollup target
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$170K netNet sales over $10M in 12 months
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Jul 6, 2026 | DEFM14A | Publicis Groupe S.A. | $38.50 | 30% |
| Jun 24, 2026 | PREM14A | Publicis Groupe S.A. | $38.50 | 30% |
| May 18, 2026 | 8-K | Publicis Groupe | — | — |
| Aug 24, 2018 | DEFM14A | The Interpublic Group of Companies, Inc. (IPG) | $2300000000.00 | 100% |
| Aug 3, 2018 | PREM14A | The Interpublic Group of Companies, Inc. | $2300000000.00 | 100% |
Key numbers
- Revenue
- $813M
- 9.0% YoY
- Operating margin
- 10.3%
- 1317% YoY
- EBITDA
- $97M
- 328% YoY
- Net debt / EBITDA
- -3.8×
- −$364M net debt
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $529M | $597M | $660M | $746M | $813M | 9.0% |
| Operating income | −$66M | −$126M | $11M | $5M | $83M | 1445% |
| Net income | −$34M | −$119M | $12M | −$1M | $146M | 14700% |
| Operating cash flow | $78M | $34M | $106M | $154M | $168M | 9.0% |
| Capex | $4M | $5M | $4M | $1M | $1M | 32% |
| Stock-based comp | $87M | $126M | $71M | $108M | $83M | 23% |
| Buybacks | $59M | $150M | $61M | $101M | $195M | 92% |
13D filers
None on file.
Insider trading
−$170Knet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $170K · 1 trade
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $10M | $9M | 51 | 45 |
| FY2025 | $10M | $3M | 50 | 95 |
| FY2024 | $10M | $17M | 67 | 93 |
| FY2023 | $6M | $433K | 42 | 63 |
| FY2022 | $8M | $3M | 72 | 65 |