Magnite, Inc.MGNI

NasdaqTechnologyServices-Computer Programming, Data Processing, Etc.
Price (close)
$24.07
Market cap
$3.5B
P/E
20.7x
Revenue (TTM)
$742.0M
Net income
$166.9M
Dividend yield
—
1-year total return
7.4%
Net margin
22.5%
Revenue growth
8.3%
Debt / equity
0.37x

What Magnite, Inc. does.

Magnite, Inc., ("we," or "us"), provides technology solutions to automate the purchase and sale of digital advertising inventory.

We believe that we are the world's largest independent omni-channel sell-side advertising platform ("SSP"), offering a single partner for transacting globally across all channels, formats and auction types, and the largest independent programmatic CTV marketplace, making it easier for buyers to reach CTV audiences at scale from industry-leading streaming content providers, broadcasters, platforms and device manufacturers.

Our platform features 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; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms ("DSPs"), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Our clients include many of the world’s leading buyers and sellers of digital advertising inventory. Our platform processes trillions of ad requests per month, allowing buyers access to a global, scaled, independent alternative to "walled gardens," who both own and sell inventory and maintain control on the demand side.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$221.6M$468.4M$577.1M$619.7M$668.2M$714.0M
Net income-$53.4M$65,000-$130.3M-$159.2M$22.8M$144.6M
Free cash flow-$26.4M$108.9M$161.7M$187.6M$202.4M$165.6M

More on MGNI.

Figures from Magnite, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.