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MGNI Financial Statements and Analysis

NASDAQ : MGNI

Magnite, Inc.

$17.71
0.47+2.73%
At Close 4:00 PM
$17.86
0.15+0.85%
Pre-Market 06:08 PM
71.75
B+ESG ScoreESG Rating

MGNI FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

MGNI Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue162.003M162.88M149.319M186.932M150.085M
cost of revenue62.544M65.404M68.753M72.944M84.878M
gross profit99.459M97.476M80.566M113.988M65.207M
gross profit ratio0.6140.5980.540.610.434
research and development expenses20.261M25.705M26.744M22.995M23.537M
general and administrative expenses24.49M22.631M26.665M156.00K27.657M
selling and marketing expenses39.585M42.24M43.689M58.444M31.856M
selling general and administrative expenses64.075M62.197M67.65M55.869M59.513M
other expenses01.284M1.292M1.287M1.346M
operating expenses84.336M87.902M94.394M78.864M83.05M
cost and expenses146.88M153.306M163.147M151.808M167.928M
interest income00007.574M
interest expense6.848M6.793M7.958M8.10M7.574M
depreciation and amortization14.537M14.236M13.567M16.82M39.266M
ebitda27.628M23.81M-4.041M51.944M22.769M
ebitda ratio0.1710.146-0.0020.2780.152
operating income15.123M9.574M-13.828M35.124M-17.843M
operating income ratio0.0930.059-0.0930.188-0.119
total other income expenses net-8.88M-6.025M-11.738M-1.96M6.973M
income before tax6.243M3.549M-25.566M33.164M-18.444M
income before tax ratio0.0390.022-0.1710.177-0.123
income tax expense1.029M4.627M-7.809M2.25M-967.00K
net income5.214M-1.078M-17.757M30.914M-17.477M
net income ratio0.032-0.007-0.1190.165-0.116
eps0.037-0.008-0.130.22-0.13
eps diluted0.035-0.008-0.130.22-0.13
weighted average shs out141.27M140.551M139.297M138.212M137.372M
weighted average shs out dil148.697M140.551M139.297M143.793M137.372M
Graph

MGNI Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents387.244M326.464M252.834M326.459M310.509M
short term investments00000
cash and short term investments387.244M326.464M252.834M326.459M310.509M
net receivables1.164B1.122B999.848M1.176B937.218M
inventory001.0000
other current assets22.318M19.376M20.772M19.768M21.453M
total current assets1.573B1.468B1.273B1.523B1.269B
property plant equipment net122.118M124.973M119.534M107.92M110.663M
goodwill978.217M978.217M978.217M978.217M978.217M
intangible assets28.349M60.771M66.539M72.937M80.263M
goodwill and intangible assets1.007B1.039B1.045B1.051B1.058B
long term investments00000
tax assets00000
other non current assets35.821M11.008M16.325M7.229M6.686M
total non current assets1.165B1.175B1.181B1.166B1.176B
other assets01.00000
total assets2.738B2.643B2.454B2.689B2.445B
account payables1.367B1.28B1.106B1.357B1.086B
short term debt21.873M43.678M43.46M24.002M24.513M
tax payables00000
deferred revenue0001.0015.026M
other current liabilities25.245M5.422M5.679M21.047M5.799M
total current liabilities1.414B1.329B1.155B1.402B1.131B
long term debt596.745M599.319M602.136M532.986M655.634M
deferred revenue non current050.294M53.059M49.665M0
deferred tax liabilities non current0287.00K288.00K680.00K4.40M
other non current liabilities1.632M1.522M1.577M1.657M1.801M
total non current liabilities598.377M601.128M604.001M584.988M661.835M
other liabilities01.00000
capital lease obligations64.809M50.294M53.059M49.665M74.938M
total liabilities2.012B1.93B1.759B1.987B1.793B
preferred stock00000
common stock2.00K2.00K2.00K2.00K2.00K
retained earnings-697.579M-702.793M-701.715M-683.958M-714.872M
accumulated other comprehensive income loss-1.086M-3.177M-3.091M-2.076M-3.639M
other total stockholders equity1.425B1.419B1.40B1.388B1.371B
total stockholders equity725.876M712.963M695.377M701.683M652.11M
total equity725.876M712.963M695.377M701.683M652.11M
total liabilities and stockholders equity2.738B2.643B2.454B2.689B2.445B
minority interest00000
total investments00000
total debt618.618M622.983M625.691M606.653M680.147M
net debt231.374M296.519M372.857M280.194M369.638M
Graph

MGNI Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax1.029M4.669M-7.77M-1.703M-895.00K
stock based compensation18.67M19.66M20.831M17.155M17.468M
change in working capital050.82M-73.489M28.105M49.257M
accounts receivables0-123.167M175.313M-239.135M-29.111M
inventory0000-78.531M
accounts payables0173.638M-249.742M268.336M78.531M
other working capital0349.00K940.00K-1.096M78.368M
other non cash items0-1.079M126.601M-2.206M-5.56M
net cash provided by operating activities089.567M-60.411M89.085M82.059M
investments in property plant and equipment0-13.304M-9.252M-12.044M-6.805M
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites0-4.137M-3.379M00
net cash used for investing activites0-13.304M-9.252M-12.044M-6.805M
debt repayment0-913.00K-5.84M-61.625M-30.704M
common stock issued02.17M01.601M60.00K
common stock repurchased0-3.802M-8.941M00
dividends paid00000
other financing activites0-3.802M-8.941M-2.137M-30.644M
net cash used provided by financing activities0-2.545M-3.101M-62.161M-30.644M
effect of forex changes on cash0-88.00K-621.00K784.00K-466.00K
net change in cash073.63M-73.625M15.904M44.144M
cash at end of period0326.464M252.834M326.459M310.555M
cash at beginning of period0252.834M326.459M310.555M266.411M
operating cashflow089.567M-60.411M89.085M82.059M
capital expenditure0-13.304M-9.252M-12.044M-6.805M
free cash flow076.263M-69.663M77.041M75.254M
Graph

Frequently Asked Questions

How did Magnite, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, MGNI generated $162.00M in revenue last quarter, while its costs came in at $62.54M.

Last quarter, how much Gross Profit did Magnite, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Magnite, Inc. reported a $99.46M Gross Profit for the quarter ended Sep 30, 2024.

Have MGNI's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. MGNI incurred $84.34M worth of Operating Expenses, while it generated $15.12M worth of Operating Income.

How much Net Income has MGNI posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Magnite, Inc., the company generated $5.21M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Magnite, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Magnite, Inc. as of the end of the last quarter was $387.24M.

What are MGNI's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, MGNI had Total Net Receivables of $1.16B.

In terms of Total Assets and Current Assets, where did Magnite, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of MGNI were $1.57B, while the Total Assets stand at $2.74B.

As of the last quarter, how much Total Debt did Magnite, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of MGNI's debt was $618.62M at the end of the last quarter.

What were MGNI's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, MGNI reported total liabilities of $2.01B.

How much did MGNI's Working Capital change over the last quarter?

Working Capital Change for MGNI was $0.00 over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

MGNI generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. MGNI generated $0.00 of Cash from Operating Activities during its recently reported quarter.

What was MGNI's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. MGNI reported a $0.00 Net Change in Cash in the most recent quarter.

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