See more : Regeneron Pharmaceuticals, Inc. (REGN) 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.
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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 |
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Magnite, Inc. (MGNI) Q4 2023 Earnings Call Transcript
Magnite, Inc. (MGNI) Q4 2023 Earnings Call Transcript
Magnite Reports Fourth Quarter and Full-Year 2023 Results
Total Revenue up 7% & Contribution ex-TAC (1) up 6% in Fourth Quarter Adjusted EBITDA Margin (2) of 43% in Fourth Quarter Full-Year 2023 CTV Ad Spend (3) Growth Over 20% NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Magnite...
Magnite to Participate in the SIG Susquehanna Financial Group 13th Annual Technology Conference
NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, today announced that members of its executive team will attend and host in-person investor meetings at the SIG Susquehanna Financial Group 13th...
Magnite to Announce Fourth Quarter 2023 Financial Results on February 28, 2024
NEW YORK, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the fourth quarter ended December 31, 2023 after the market close on Wednesday, February 28, 2024....
Magnite Announces Intention to Refinance Existing Credit Facilities
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced its intention to refinance its outstanding senior secured credit facilities.
Tennis Australia Taps Magnite for Programmatic Advertising and Implements Demand Manager
SYDNEY, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, announced that Tennis Australia has selected Demand Manager as their Prebid header bidding wrapper solution. Tennis Australia will leverage Magnite's DV+ platform and...
Source: https://incomestatements.info
Category: Stock Reports