Magnite Historical Income Statement

MGNI Stock  USD 13.30  0.11  0.82%   
Historical analysis of Magnite income statement accounts such as Selling And Marketing Expenses of 94.4 M can show how well Magnite performed in making a profits. Evaluating Magnite income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Magnite's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Magnite latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Magnite is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

About Magnite Income Statement Analysis

Magnite Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Magnite shareholders. The income statement also shows Magnite investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Magnite Income Statement Chart

As of now, Magnite's Gross Profit is increasing as compared to previous years. The Magnite's current Operating Income is estimated to increase to about 53.6 M, while Selling General Administrative is projected to decrease to under 60.5 M.

Total Revenue

Total revenue comprises all receipts Magnite generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Magnite financial statement analysis. It represents the amount of money remaining after all of Magnite operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Magnite's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Magnite current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.As of now, Magnite's Gross Profit is increasing as compared to previous years. The Magnite's current Operating Income is estimated to increase to about 53.6 M, while Selling General Administrative is projected to decrease to under 60.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit269.9M209.8M409.3M429.8M
Total Revenue577.1M619.7M668.2M701.6M

Magnite income statement Correlations

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Click cells to compare fundamentals

Magnite Account Relationship Matchups

Magnite income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization48.5M146.5M216.1M240.8M276.9M290.8M
Interest Expense35.8M19.8M29.3M32.4M27.0M28.4M
Selling General Administrative53.0M64.8M81.4M89.0M96.9M60.5M
Selling And Marketing Expenses76.0M170.4M200.1M174.0M166.1M94.4M
Total Revenue221.6M468.4M577.1M619.7M668.2M701.6M
Gross Profit143.9M266.8M269.9M209.8M409.3M429.8M
Other Operating Expenses258.3M511.3M682.4M774.7M617.1M337.6M
Operating Income(16.9M)(6.2M)(100.0M)(155.0M)51.1M53.6M
Ebit(35.9M)(75.1M)(106.3M)(125.2M)(112.7M)(107.0M)
Research Development51.5M74.4M93.8M94.3M95.2M54.6M
Ebitda12.6M71.4M109.7M115.6M51.1M40.9M
Cost Of Revenue77.7M201.7M307.2M409.9M258.8M271.8M
Total Operating Expenses180.6M309.6M375.2M364.8M358.2M210.1M
Income Before Tax(52.7M)(95.0M)(135.6M)(157.5M)26.5M27.8M
Total Other Income Expense Net1.5M(13.9M)(22.8M)(2.5M)(24.6M)(23.4M)
Net Income(53.4M)65K(130.3M)(159.2M)22.8M23.9M
Income Tax Expense693K(95.1M)(5.3M)1.6M3.7M3.9M
Tax Provision693K(95.1M)(5.3M)(3.3M)3.7M3.9M
Net Income Applicable To Common Shares(25.5M)(53.4M)65K(130.3M)(117.3M)(111.4M)
Net Interest Income50K(19.8M)(29.3M)(32.3M)(27.0M)(25.7M)
Net Income From Continuing Ops(53.4M)65K(130.3M)(226.5M)22.8M23.9M
Reconciled Depreciation49.2M146.9M216.1M301.4M58.5M55.6M

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When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.154
Earnings Share
0.16
Revenue Per Share
4.754
Quarterly Revenue Growth
0.038
Return On Assets
0.0115
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.