Magnite Inc
MGNI
ISIN null / Valor 55798557
Magnite Inc
UMushroom community rating:
About company
Magnite Inc is a technology company that provides a platform for buying and selling digital advertising inventory.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (10.10.2025):
Magnite Inc reported its financial results for the fourth quarter of 2024, demonstrating steady growth with a 4% increase in total revenue and a notable 9% rise in contribution excluding traffic acquisition costs (ex-TAC). The company's strong performance in connected TV (CTV) and solid adjusted EBITDA margins highlight its ongoing operational efficiency and market resilience.
Total Revenue
Revenue for Q4 2024 reached $194.0 million, reflecting a 4% increase compared to Q4 2023.
Contribution ex-TAC
Contribution ex-TAC for Q4 2024 was $180.2 million, marking a 9% year-over-year growth.
CTV Performance
Contribution ex-TAC attributable to CTV surged by 23% in Q4 2024, totaling $77.9 million and surpassing guidance expectations.
Adjusted EBITDA Margin
The adjusted EBITDA margin for Q4 2024 stood at 42%, up from 32% in the previous year.
Net Income and Earnings Per Share
Net income for Q4 2024 was $36.4 million, or $0.24 per diluted share, compared to $30.9 million, or $0.16 per diluted share in Q4 2023. Non-GAAP diluted earnings per share increased to $0.34 from $0.29 year-over-year.
Full-Year Highlights
For the full year 2024, contribution ex-TAC attributable to CTV grew by 19% to $260.2 million, and adjusted EBITDA increased by 15% to $196.9 million. Magnite ended 2024 with $483.2 million in cash and equivalents.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2015 M
Market cap (USD)
2,046,093
Daily traded volume (Shares)
16.47 / 15.99
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
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Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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