← MAGNITE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $278.2m |
$155.5m
-44.09%
|
$124.7m
-19.84%
|
$156.4m
+25.45%
|
$221.6m
+41.69%
|
$468.4m
+111.35%
|
$577.1m
+23.20%
|
$619.7m
+7.39%
|
$668.2m
+7.82%
|
$714.0m
+6.85%
|
$742.0m
+3.93%
|
|
| Cost of Revenue | $73.2m |
$56.8m
-22.41%
|
$60.0m
+5.57%
|
$57.4m
-4.35%
|
$77.7m
+35.47%
|
$201.7m
+159.38%
|
$307.2m
+52.32%
|
$409.9m
+33.45%
|
$258.8m
-36.85%
|
$266.6m
+3.01%
|
$261.3m
-1.99%
|
|
| Gross Profit (Calculated) | $205.0m |
$98.7m
-51.84%
|
$64.7m
-34.47%
|
$99.0m
+53.09%
|
$143.9m
+45.30%
|
$266.8m
+85.40%
|
$269.9m
+1.18%
|
$209.8m
-22.27%
|
$409.3m
+95.10%
|
$447.3m
+9.28%
|
— | |
| Interest Income (Expense), Net | $491k |
$908k
+84.93%
|
$988k
+8.81%
|
$789k
-20.14%
|
$50k
-93.66%
|
($19.8m)
-39796.00%
|
($29.3m)
-47.42%
|
($32.4m)
-10.63%
|
— | — | — | |
| Research and Development Expense | $51.2m | $47.5m | $37.9m | $40.3m | $51.5m | $74.4m | $93.8m | $94.3m | $95.2m | $84.7m | $90.1m | |
| Selling and Marketing Expense | $83.3m | $51.8m | $44.6m | $44.6m | $76.0m | $170.4m | $200.1m | $174.0m | $166.1m | $171.7m | $274.5m | |
| General and Administrative Expense | $68.6m | $55.6m | $42.4m | $41.8m | $53.0m | $64.8m | $81.4m | $89.0m | $96.9m | $93.2m | $100.2m | |
| Amortization of Intangible Assets | $20.5m | $4.8m | $3.2m | $3.3m | $24.9m | $121.9m | $184.4m | $202.5m | $30.1m | $15.1m | — | |
| Operating Lease, Expense | — | — | — | $7.8m | $13.4m | $20.7m | $23.3m | $24.5m | — | — | — | |
| Operating expenses: | ||||||||||||
| Other Operating Income | $554k | $688k | $766k | $285k | $3.7m | $4.5m | $5.3m | $5.3m | $5.1m | $1.1m | — | |
| Operating Income (Loss) | ($24.9m) |
($157.0m)
-530.50%
|
($63.6m)
+59.48%
|
($27.6m)
+56.64%
|
($54.2m)
-96.62%
|
($81.1m)
-49.48%
|
($112.8m)
-39.12%
|
($155.0m)
-37.44%
|
$51.1m
+132.96%
|
$97.6m
+91.05%
|
$116.1m
+18.96%
|
|
| Interest Expense, Debt | — | — | — | — | — | — | — | — | $40.4m | $31.6m | $17.3m | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $13.4m | $12.7m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $939k | ($1.2m) | $389k | ($481k) | ($2.2m) | $1.5m | $1.1m | ($2.0m) | $5.1m | ($7.0m) | — | |
| Other income (expense): | ||||||||||||
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $27.0m | $18.9m | $17.3m | |
| Nonoperating Income (Expense) | $2.0m | $431k | $2.1m | $593k | $1.5m | ($13.9m) | ($22.8m) | ($2.5m) | ($24.6m) | ($27.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $25.7m | ($104.8m) | ($62.3m) | ($28.1m) | ($57.3m) | ($105.2m) | ($145.5m) | ($165.3m) | $19.5m | $62.4m | $98.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($22.9m) | ($156.5m) | ($61.5m) | ($27.0m) | ($52.7m) | ($95.0m) | ($135.6m) | ($157.5m) | $26.5m | $70.6m | $98.3m | |
| Current Income Tax Expense (Benefit) | $1.8m | ($312k) | $406k | $156k | $988k | $3.9m | $3.6m | $3.9m | $3.6m | $4.3m | ($68.6m) | |
| Income Tax Expense (Benefit) | ($4.9m) | ($1.8m) | $357k | ($1.5m) | $693k | ($95.1m) | ($5.3m) | $1.6m | $3.7m | ($74.0m) | ($68.6m) | |
| Net Income (Loss) Attributable to Parent | ($18.1m) |
($154.8m)
-757.38%
|
($61.8m)
+60.06%
|
($25.5m)
+58.79%
|
($53.4m)
-109.72%
|
$65k
+100.12%
|
($130.3m)
-200596.92%
|
($159.2m)
-22.15%
|
$22.8m
+114.31%
|
$144.6m
+534.66%
|
$166.9m
+15.40%
|
|
| Preferred Stock Dividends, Income Statement Impact | $0 | — | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.39) | ($3.17) | — | ($0.48) | ($0.55) | $0.00 | ($0.98) | ($1.17) | $0.16 | $1.01 | $1.17 | |
| Earnings Per Share, Diluted | ($0.39) | ($3.17) | — | $0.03 | ($0.55) | $0.00 | ($0.98) | ($1.17) | $0.16 | $0.95 | $1.10 | |
| Weighted Average Number of Shares Outstanding, Basic | 46.7m | 48.9m | — | — | 96.7m | 126.3m | 132.9m | 136.6m | 140.6m | 142.6m | 143.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 46.7m | 48.9m | — | 59.6m | 96.7m | 136.3m | 132.9m | 136.6m | 146.8m | 153.8m | 153.0m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $28.4m | $917k | $0 | — | — | — | |
| Capitalized Computer Software, Amortization | $8.3m | $11.1m | $7.2m | $7.5m | $8.3m | $9.0m | $12.6m | $14.3m | $12.0m | $13.7m | — | |
| Costs and Expenses | $303.1m | $312.5m | $188.3m | $184.0m | $275.9m | $549.5m | $689.9m | $774.7m | $617.1m | $616.4m | — | |
| Goodwill, Impairment Loss | — | $90.3m | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | $0 | — | — | — | — | — | — | — | — | — |