Magnite Historical Income Statement
MGNI Stock | USD 16.79 0.17 1.02% |
Historical analysis of Magnite income statement accounts such as Selling And Marketing Expenses of 87.6 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.
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.
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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
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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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Magnite minus its cost of goods sold. It is profit before Magnite operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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 Other Operating Expenses is increasing as compared to previous years. The Magnite's current EBITDA is estimated to increase to about 121.4 M, while Selling General Administrative is projected to decrease to under 57 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 266.8M | 269.9M | 209.8M | 151.4M | Total Revenue | 468.4M | 577.1M | 619.7M | 650.7M |
Magnite income statement Correlations
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Magnite Account Relationship Matchups
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Magnite income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 32.1M | 48.5M | 146.5M | 216.1M | 240.8M | 252.9M | |
Interest Expense | 112K | 35.8M | 19.8M | 29.3M | 32.4M | 34.0M | |
Selling General Administrative | 41.8M | 53.0M | 64.8M | 81.4M | 89.0M | 57.0M | |
Selling And Marketing Expenses | 44.6M | 76.0M | 170.4M | 200.1M | 174.0M | 87.6M | |
Total Revenue | 156.4M | 221.6M | 468.4M | 577.1M | 619.7M | 650.7M | |
Gross Profit | 99.0M | 143.9M | 266.8M | 269.9M | 209.8M | 151.4M | |
Other Operating Expenses | 184.0M | 258.3M | 511.3M | 682.4M | 767.3M | 805.6M | |
Operating Income | (27.1M) | (16.9M) | (6.2M) | (100.0M) | (155.0M) | (147.3M) | |
Ebit | (27.1M) | (35.9M) | (75.1M) | (106.3M) | (125.2M) | (118.9M) | |
Research Development | 40.3M | 51.5M | 74.4M | 93.8M | 94.3M | 50.8M | |
Ebitda | 5.0M | 12.6M | 71.4M | 109.7M | 115.6M | 121.4M | |
Cost Of Revenue | 57.4M | 77.7M | 201.7M | 307.2M | 409.9M | 430.4M | |
Total Operating Expenses | 126.6M | 180.6M | 309.6M | 375.2M | 357.3M | 195.3M | |
Income Before Tax | (27.0M) | (52.7M) | (95.0M) | (135.6M) | (157.5M) | (149.7M) | |
Total Other Income Expense Net | 112K | 1.5M | (13.9M) | (22.8M) | (2.5M) | (2.7M) | |
Net Income | (25.5M) | (53.4M) | 65K | (130.3M) | (159.2M) | (151.2M) | |
Income Tax Expense | (1.5M) | 693K | (95.1M) | (5.3M) | 1.6M | 1.7M | |
Tax Provision | (1.5M) | 693K | (95.1M) | (5.3M) | (3.3M) | (3.5M) | |
Net Income Applicable To Common Shares | (25.5M) | (53.4M) | 65K | (130.3M) | (117.3M) | (111.4M) | |
Net Interest Income | 789K | 50K | (19.8M) | (29.3M) | (32.3M) | (30.6M) | |
Net Income From Continuing Ops | (25.5M) | (53.4M) | 65K | (130.3M) | (226.5M) | (215.2M) | |
Reconciled Depreciation | 32.1M | 49.2M | 146.9M | 216.1M | 301.4M | 316.5M |
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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 (0.93) | Earnings Share 0.13 | Revenue Per Share 4.728 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0111 |
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.