See more : Villeroy & Boch AG (0OPA.L) Income Statement Analysis – Financial Results
Complete financial analysis of Magnite, Inc. (MGNI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Magnite, Inc., a leading company in the Advertising Agencies industry within the Communication Services sector.
You may be interested
- Eos Energy Enterprises, Inc. (EOSEW) Income Statement Analysis – Financial Results
- TaiSol Electronics Co., Ltd. (3338.TW) Income Statement Analysis – Financial Results
- GreenBank Capital Inc. (GRNBF) Income Statement Analysis – Financial Results
- Saraiva Livreiros S.A. – em Recuperação Judicial (SLED4.SA) Income Statement Analysis – Financial Results
- Chateau International Development Co., Ltd. (2722.TW) Income Statement Analysis – Financial Results
Magnite, Inc. (MGNI)
About Magnite, Inc.
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 619.71M | 577.07M | 468.41M | 221.63M | 156.41M | 124.69M | 155.55M | 278.22M | 248.48M | 125.30M | 83.83M | 57.07M | 37.06M |
| Cost of Revenue | 409.91M | 307.17M | 201.66M | 77.75M | 57.39M | 60.00M | 56.84M | 73.25M | 58.50M | 20.75M | 15.36M | 12.37M | 12.89M |
| Gross Profit | 209.80M | 269.90M | 266.75M | 143.88M | 99.02M | 64.68M | 98.71M | 204.97M | 189.99M | 104.54M | 68.47M | 44.71M | 24.17M |
| Gross Profit Ratio | 33.86% | 46.77% | 56.95% | 64.92% | 63.31% | 51.88% | 63.46% | 73.67% | 76.46% | 83.44% | 81.68% | 78.33% | 65.21% |
| Research & Development | 94.32M | 93.76M | 74.45M | 51.55M | 40.27M | 37.86M | 47.50M | 51.18M | 42.06M | 22.72M | 18.62M | 13.12M | 12.50M |
| General & Administrative | 89.05M | 81.38M | 64.79M | 52.99M | 41.77M | 42.43M | 55.60M | 68.57M | 70.20M | 57.40M | 27.93M | 12.33M | 8.93M |
| Selling & Marketing | 173.98M | 200.08M | 170.41M | 76.03M | 44.57M | 44.56M | 51.79M | 83.33M | 83.33M | 43.20M | 25.81M | 20.46M | 17.75M |
| SG&A | 263.03M | 281.46M | 235.20M | 129.02M | 86.34M | 86.99M | 107.39M | 151.90M | 153.53M | 100.60M | 53.74M | 32.79M | 26.67M |
| Other Expenses | 0.00 | 5.32M | 4.45M | 3.67M | 285.00K | 766.00K | 688.00K | 554.00K | 0.00 | 0.00 | 0.00 | 0.00 | 503.00K |
| Operating Expenses | 357.35M | 375.22M | 309.64M | 180.56M | 126.61M | 124.85M | 154.89M | 203.08M | 195.59M | 123.32M | 72.35M | 45.90M | 39.17M |
| Cost & Expenses | 767.25M | 682.39M | 511.31M | 258.31M | 184.00M | 184.85M | 211.73M | 276.33M | 254.08M | 144.07M | 87.71M | 58.27M | 52.06M |
| Interest Income | 0.00 | 29.26M | 19.85M | 50.00K | 789.00K | 988.00K | 908.00K | 491.00K | 59.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 32.37M | 29.26M | 19.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 110.00K | 110.00K | 0.00 | 0.00 | 252.00K |
| Depreciation & Amortization | 240.82M | 216.05M | 146.54M | 48.46M | 31.92M | 35.34M | 36.23M | 42.76M | 31.01M | 12.52M | 8.44M | 6.86M | 5.54M |
| EBITDA | 115.64M | 109.72M | 71.40M | 12.57M | 6.58M | -26.13M | -30.75M | 44.66M | 25.41M | -6.26M | 4.56M | 5.66M | -9.47M |
| EBITDA Ratio | 18.66% | 20.11% | 30.04% | 14.59% | 3.21% | -17.47% | 52.72% | 25.34% | 9.66% | -5.31% | 11.22% | 11.12% | -24.14% |
| Operating Income | -155.01M | -100.00M | -6.20M | -16.91M | -27.10M | -63.61M | -156.98M | -24.90M | -5.60M | -18.78M | -3.88M | -1.20M | -15.00M |
| Operating Income Ratio | -25.01% | -17.33% | -1.32% | -7.63% | -17.33% | -51.01% | -100.92% | -8.95% | -2.25% | -14.99% | -4.63% | -2.10% | -40.49% |
| Total Other Income/Expenses | -2.54M | -22.81M | -13.92M | 1.50M | 593.00K | 2.14M | 431.00K | 1.98M | 1.46M | 277.00K | -5.12M | -1.03M | -269.00K |
| Income Before Tax | -157.55M | -135.60M | -94.99M | -52.74M | -26.99M | -61.47M | -156.55M | -22.91M | -4.14M | -18.50M | -9.00M | -2.23M | -15.27M |
| Income Before Tax Ratio | -25.42% | -23.50% | -20.28% | -23.80% | -17.26% | -49.30% | -100.64% | -8.24% | -1.67% | -14.77% | -10.74% | -3.90% | -41.21% |
| Income Tax Expense | 1.64M | -5.27M | -95.05M | 693.00K | -1.51M | 357.00K | -1.76M | -4.86M | -4.56M | 172.00K | 247.00K | 134.00K | 136.00K |
| Net Income | -159.18M | -130.32M | 65.00K | -53.43M | -25.48M | -61.82M | -154.78M | -18.05M | 422.00K | -18.67M | -9.25M | -2.36M | -15.41M |
| Net Income Ratio | -25.69% | -22.58% | 0.01% | -24.11% | -16.29% | -49.58% | -99.51% | -6.49% | 0.17% | -14.90% | -11.03% | -4.14% | -41.58% |
| EPS | -1.17 | -0.98 | 0.00 | -0.55 | -0.48 | -1.23 | -3.17 | -0.39 | 0.01 | -0.66 | -0.27 | -0.09 | -0.59 |
| EPS Diluted | -1.17 | -0.98 | 0.00 | -0.55 | -0.48 | -1.23 | -3.17 | -0.39 | 0.01 | -0.66 | -0.27 | -0.09 | -0.59 |
| Weighted Avg Shares Out | 136.62M | 132.89M | 126.29M | 96.70M | 52.61M | 50.26M | 48.87M | 46.29M | 39.66M | 28.22M | 34.72M | 25.90M | 25.90M |
| Weighted Avg Shares Out (Dil) | 136.62M | 132.89M | 136.26M | 96.70M | 52.61M | 50.26M | 48.87M | 46.66M | 44.50M | 28.22M | 34.72M | 25.90M | 25.90M |
Why Magnite Stock Popped Today
Magnite delivered solid growth on the top and bottom lines. The company is beginning to capitalize on the rebound in digital advertising.
Magnite, Inc. (MGNI) Q1 2024 Earnings Call Transcript
Magnite, Inc. (NASDAQ:MGNI ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Nick Kormeluk - IR Michael Barrett - President and CEO David Day - CFO Conference Call Participants Shyam Patil - Susquehanna Laura Martin...
Magnite (MGNI) Tops Q1 Earnings and Revenue Estimates
Magnite (MGNI) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
2 Digital Ad Tech Stocks to Buy Hand Over Fist in April
Roku and Alphabet's recent results point to a revived digital ad market. This positive trend should reward nimble digital ad tech companies like Magnite and The Trade Desk.
KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at Scale
AUSTIN, Texas--(BUSINESS WIRE)--KERV Interactive, the leader in AI-powered video analysis, performance and monetization, and Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, have joined forces to deliver immersive advertising experiences at scale. Marketers can now layer KERV's portfolio...
Magnite (MGNI) Rises Higher Than Market: Key Facts
In the most recent trading session, Magnite (MGNI) closed at $9.97, indicating a +1.22% shift from the previous trading day.
Magnite to Announce First Quarter 2024 Financial Results on May 8, 2024
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2024 after the market close on Wednesday, May 8, 2024....
Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
Magnite is recommended as a buy, with potential for growth in line with the industry and a positive impact from the Disney deal. Concerns about the Disney deal are overblown, as MGNI will still play a crucial role in powering...
7 Little-Known Growth Stocks With Multibagger Upside
The Nasdaq recently slid below 16,000 points again after reaching a fresh high. This pullback was largely due to the hotter-than-expected inflation report, which points to the Federal Reserve maintaining high interest rates for a few more months, possibly even...
Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV
Buyers using Mediaocean's Prisma Platform will have turnkey access to CTV and OLV supply via Magnite's ClearLine solution Buyers using Mediaocean's Prisma Platform will have turnkey access to CTV and OLV supply via Magnite's ClearLine solution
Source: https://incomestatements.info
Category: Stock Reports