Magnite, Inc. (BMV:MGNI)

Magnite Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	668.17	619.71	577.07	468.41	221.63
Revenue Growth (YoY)	7.82%	7.39%	23.20%	111.35%	41.69%
Cost of Revenue	258.84	409.91	307.17	201.66	77.75
Gross Profit	409.33	209.8	269.9	266.75	143.88
Selling, General & Admin	263	263.03	281.46	235.2	129.02
Research & Development	95.24	94.32	93.76	74.45	51.55
Other Operating Expenses	-	7.47	7.47	38.18	17.55
Operating Income	51.09	-155.01	-112.78	-81.07	-54.23
Interest Expense	-27.03	-32.37	-29.26	-19.85	0.05
Other Non-Operating Income (Expense)	-2.43	-29.83	-6.45	-5.93	-1.45
Total Non-Operating Income (Expense)	-29.46	-62.2	-35.71	-25.78	-1.4
Pretax Income	26.48	-157.55	-135.6	-94.99	-52.74
Provision for Income Taxes	3.7	1.64	-5.27	-95.05	0.69
Net Income	22.79	-159.18	-130.32	0.07	-53.43
Net Income to Common	22.79	-159.18	-130.32	0.07	-53.43
Shares Outstanding (Basic)	141	137	133	126	97
Shares Outstanding (Diluted)	147	137	133	136	97
Shares Change (YoY)	7.46%	2.81%	-2.48%	40.91%	83.79%
EPS (Basic)	0.16	-1.17	-0.98	0.00	-0.55
EPS (Diluted)	0.16	-1.17	-0.98	0.00	-0.55
Free Cash Flow	202.39	187.6	161.74	108.89	-26.36
Free Cash Flow Growth	7.88%	15.99%	48.53%	-	-
Free Cash Flow Per Share	1.38	1.37	1.22	0.80	-0.27
Gross Margin	61.26%	33.86%	46.77%	56.95%	64.92%
Operating Margin	7.65%	-25.01%	-19.54%	-17.31%	-24.47%
Profit Margin	3.41%	-25.69%	-22.58%	0.01%	-24.11%
FCF Margin	30.29%	30.27%	28.03%	23.25%	-11.89%
EBITDA	109.6	85.81	103.27	65.82	-4.99
EBITDA Margin	16.40%	13.85%	17.90%	14.05%	-2.25%
EBIT	51.09	-155.01	-112.78	-81.07	-54.23
EBIT Margin	7.65%	-25.01%	-19.54%	-17.31%	-24.47%
Effective Tax Rate	13.96%	-1.04%	3.89%	100.07%	-1.31%

Updated Dec 31, 2024. Data Source: Fiscal.ai. Standard template. Financial Sources.