MGNI Q1 2022 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena

MGNIMagnite, Inc.

$2B

Q1 2022 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$118M+94.5% YoY

Gross Profit

$59M49.7% margin

Operating Income

-$40M-33.7% margin

Net Income

-$45M-37.8% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

-26.8%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$11M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.7B

Stockholders' Equity

$838M

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$61M	+94.5%
Gross Profit	$59M	$40M	+46.8%
Operating Income	-$40M	-$14M	-189.1%
Net Income	-$45M	-$13M	-246.3%

Geographic Segments

UNITED STATES

$90M77%

Non-US

$28M23%