Magnite, Inc. (MGNI)

Magnite Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	674.62	668.17	619.71	577.07	468.41	221.63
Revenue Growth (YoY)	5.59%	7.82%	7.39%	23.20%	111.35%	41.69%
Cost of Revenue	255.74	258.84	409.91	307.17	201.66	77.75
Gross Profit	418.89	409.33	209.8	269.9	266.75	143.88
Selling, General & Admin	264.69	263	263.03	281.46	235.2	129.02
Research & Development	90.64	95.24	94.32	93.76	74.45	51.55
Operating Expenses	355.34	358.25	357.35	375.22	309.64	180.56
Operating Income	63.55	51.09	-147.54	-105.32	-42.89	-36.68
Interest Expense	-24.25	-27.03	-32.37	-29.26	-19.85	-
Interest & Investment Income	-	-	-	-	-	0.05
Currency Exchange Gain (Loss)	0.55	5.08	-1.95	1.13	1.48	-2.22
Other Non Operating Income (Expenses)	4.18	5.05	5.3	5.32	4.45	3.67
EBT Excluding Unusual Items	44.03	34.19	-176.56	-128.13	-56.81	-35.19
Merger & Restructuring Charges	-	-	-7.47	-7.47	-38.18	-17.55
Other Unusual Items	-2.47	-7.71	26.48	-	-	-
Pretax Income	41.56	26.48	-157.55	-135.6	-94.99	-52.74
Income Tax Expense	10.65	3.7	1.64	-5.27	-95.05	0.69
Net Income	30.91	22.79	-159.18	-130.32	0.07	-53.43
Net Income to Common	30.91	22.79	-159.18	-130.32	0.07	-53.43
Shares Outstanding (Basic)	141	141	137	133	126	97
Shares Outstanding (Diluted)	147	147	137	133	136	97
Shares Change (YoY)	7.02%	7.46%	2.81%	-2.48%	40.91%	83.79%
EPS (Basic)	0.22	0.16	-1.17	-0.98	0.00	-0.55
EPS (Diluted)	0.21	0.16	-1.17	-0.98	0.00	-0.55
Free Cash Flow	256.86	202.39	187.6	161.74	108.89	-26.36
Free Cash Flow Per Share	1.74	1.38	1.37	1.22	0.80	-0.27
Gross Margin	62.09%	61.26%	33.86%	46.77%	56.95%	64.92%
Operating Margin	9.42%	7.65%	-23.81%	-18.25%	-9.16%	-16.55%
Profit Margin	4.58%	3.41%	-25.69%	-22.58%	0.01%	-24.11%
Free Cash Flow Margin	38.07%	30.29%	30.27%	28.03%	23.25%	-11.89%
EBITDA	112.1	97.6	78.98	98.14	94.99	4.27
EBITDA Margin	16.62%	14.61%	12.74%	17.01%	20.28%	1.93%
D&A For EBITDA	48.54	46.51	226.52	203.45	137.89	40.95
EBIT	63.55	51.09	-147.54	-105.32	-42.89	-36.68
EBIT Margin	9.42%	7.65%	-23.81%	-18.25%	-9.16%	-16.55%
Effective Tax Rate	25.63%	13.96%	-	-	-	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q