MGNI FY 2023 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena

MGNIMagnite, Inc.

$2B

FY 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$620M+7.4% YoY

Gross Profit

$210M33.9% margin

Operating Income

-$155M-25.0% margin

Net Income

-$159M-25.7% margin

EPS (Diluted)

$-1.17

Cash Flow

Operating Cash Flow

$214M

Free Cash Flow

$188M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.0B

Stockholders' Equity

$702M

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$620M	$577M	+7.4%
Gross Profit	$210M	$270M	-22.3%
Operating Income	-$155M	-$113M	-37.4%
Net Income	-$159M	-$130M	-22.1%