Magnite, Inc.
MGNIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
668
Cost of Revenue
259
Gross Profit
409
Gross Margin
61.3%
Operating Income
51
Operating Margin
7.6%
Net Income
23
Net Margin
3.4%
EPS (Basic)
$0.16
EPS (Diluted)
$0.16
EBITDA
112
EBITDA Margin
16.8%
2023
12/31/2023
Revenue
620
Cost of Revenue
410
Gross Profit
210
Gross Margin
33.9%
Operating Income
-155
Operating Margin
-25.0%
Net Income
-159
Net Margin
-25.7%
EPS (Basic)
$-1.17
EPS (Diluted)
$-1.17
EBITDA
116
EBITDA Margin
18.7%
2022
12/31/2022
Revenue
577
Cost of Revenue
307
Gross Profit
270
Gross Margin
46.8%
Operating Income
-113
Operating Margin
-19.5%
Net Income
-130
Net Margin
-22.6%
EPS (Basic)
$-0.98
EPS (Diluted)
$-0.98
EBITDA
110
EBITDA Margin
19.0%
2021
12/31/2021
Revenue
468
Cost of Revenue
202
Gross Profit
267
Gross Margin
56.9%
Operating Income
-81
Operating Margin
-17.3%
Net Income
0
Net Margin
0.0%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
72
EBITDA Margin
15.3%
2020
12/31/2020
Revenue
222
Cost of Revenue
78
Gross Profit
144
Gross Margin
64.9%
Operating Income
-54
Operating Margin
-24.5%
Net Income
-53
Net Margin
-24.1%
EPS (Basic)
$-0.55
EPS (Diluted)
$-0.55
EBITDA
13
EBITDA Margin
5.7%