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MGNI

Magnite Inc

$9.33

Earnings Summary

Revenue
$118.08Mn
Net Profits
$-44.59Mn
Net Profit Margins
-37.77%

Highlights

Revenue:

Magnite Inc’s revenue jumped 94.47% since last year same period to $118.08Mn in the Q1 2022. On a quarterly growth basis, Magnite Inc has generated -26.79% fall in its revenue since last 3-months.

Net Profits:

Magnite Inc’s net profit fell -246.3% since last year same period to $-44.59Mn in the Q1 2022. On a quarterly growth basis, Magnite Inc has generated -9943.93% fall in its net profits since last 3-months.

Net Profit Margins:

Magnite Inc’s net profit margin fell -78.07% since last year same period to -37.77% in the Q1 2022. On a quarterly growth basis, Magnite Inc has generated -13546.44% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Magnite Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.17
EPS Estimate Current Year
0.17

Highlights

EPS Estimate Current Quarter:

Magnite Inc’s earning per share (EPS) estimates for the current quarter stand at 0.17 - a 112.5% jump from last quarter’s estimates.

EPS Estimate Current Year:

Magnite Inc’s earning per share (EPS) estimates for the current year stand at 0.17.

Key Ratios

Key ratios of the Magnite Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.08
Return on Assets (ROA)
-0.02
Return on Equity (ROE)
-0.11
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Magnite Inc’s earning per share (EPS) jumped 166.67% since last year same period to 0.08 in the Q1 2022. This indicates that the Magnite Inc has generated 166.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Magnite Inc’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Magnite Inc’s return on equity (ROE) stands at -0.11.

Dividend Per Share (DPS):

Magnite Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
0.08
0.08
0%

Company Information

Magnite is the world's largest independent sell-side advertising platform that combines Rubicon Project's programmatic expertise with Telaria's leadership in CTV. Publishers use its technology to monetize their content across all screens and formats-including desktop, mobile, audio and CTV. And the world's leading agencies and brands trust its platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in sunny Los Angeles, bustling New York City, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM and APAC.

Organisation
Magnite Inc
Headquarters
Los Angeles, California, United States
Employees
569
Industry
Commercial Services
CEO
Michael Barrett