MGNI FY 2024 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena

MGNIMagnite, Inc.

$2B

FY 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$668M+7.8% YoY

Gross Profit

$409M61.3% margin

Operating Income

$51M7.6% margin

Net Income

$23M3.4% margin

EPS (Diluted)

$0.16

Cash Flow

Operating Cash Flow

$235M

Free Cash Flow

$202M

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.1B

Stockholders' Equity

$768M

Cash & Equivalents

$483M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$668M	$620M	+7.8%
Gross Profit	$409M	$210M	+95.1%
Operating Income	$51M	-$155M	+133.0%
Net Income	$23M	-$159M	+114.3%