Magnite, Inc. (MGNI)

Magnite Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	638.88	619.71	577.07	468.41	221.63	156.41
Revenue Growth (YoY)	8.44%	7.39%	23.20%	111.35%	41.69%	25.45%
Cost of Revenue	350.98	409.91	307.17	201.66	77.75	57.39
Gross Profit	287.9	209.8	269.9	266.75	143.88	99.02
Selling, General & Admin	259.25	263.03	281.46	235.2	129.02	84.32
Research & Development	96.99	94.32	93.76	74.45	51.55	40.25
Other Operating Expenses	0	7.47	7.47	38.18	17.55	2.04
Operating Expenses	356.24	364.81	382.69	347.82	198.12	126.61
Operating Income	-68.34	-155.01	-112.78	-81.07	-54.23	-27.58
Interest Expense / Income	32.15	32.37	29.26	19.85	-0.05	-0.79
Other Expense / Income	-16.42	-29.83	-6.45	-5.93	-1.45	0.2
Pretax Income	-84.07	-157.55	-135.6	-94.99	-52.74	-26.99
Income Tax	-5.86	1.64	-5.27	-95.05	0.69	-1.51
Net Income	-78.21	-159.18	-130.32	0.07	-53.43	-25.48
Shares Outstanding (Basic)	139	137	133	126	97	53
Shares Outstanding (Diluted)	139	137	133	136	97	53
Shares Change	3.44%	2.81%	-2.48%	40.91%	83.79%	4.69%
EPS (Basic)	-0.57	-1.17	-0.98	-	-0.55	-0.48
EPS (Diluted)	-0.57	-1.17	-0.98	-	-0.55	-0.48
Free Cash Flow	145.68	176.98	148.15	97.46	-34.02	12.1
Free Cash Flow Per Share	1.05	1.29	1.11	0.77	-0.35	0.23
Gross Margin	45.06%	33.86%	46.77%	56.95%	64.92%	63.31%
Operating Margin	-10.70%	-25.01%	-19.54%	-17.31%	-24.47%	-17.63%
Profit Margin	-12.24%	-25.69%	-22.58%	0.01%	-24.11%	-16.29%
Free Cash Flow Margin	22.80%	28.56%	25.67%	20.81%	-15.35%	7.73%
EBITDA	104.38	113.93	111.2	71.4	-4.33	4.14
EBITDA Margin	16.34%	18.38%	19.27%	15.24%	-1.95%	2.65%
Depreciation & Amortization	156.3	239.11	217.54	146.54	48.46	31.92
EBIT	-51.92	-125.18	-106.34	-75.14	-52.79	-27.78
EBIT Margin	-8.13%	-20.20%	-18.43%	-16.04%	-23.82%	-17.76%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).