Craft

Magnite

Stock Price

$13.3

2024-06-28

Market Capitalization

$1.9 B

2024-06-19

Revenue

$619.7 M

FY, 2023

Magnite Summary

Company Summary

Overview
Magnite is a company that develops an omni-channel sell-side advertising platform. It offers applications for sellers of digital advertising inventory and publishes CTV channels, websites, and digital media properties.
Type
Public
Status
Active
Founded
2020
HQ
Los Angeles, CA, US | view all locations
Website
https://www.magnite.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Michael Barrett

    Michael Barrett, President & Chief Executive Officer

  • David Day

    David Day, Chief Financial Officer

  • Sean Buckley

    Sean Buckley, Chief Revenue Officer

  • Katie Evans

    Katie Evans, Chief Operating Officer

Operating MetricsView all

Take Rate

14.0%

FY, 2019

Households

31.2M

FY, 2020

Office Space Leased, sq. ft.

80.7K
36.7%

FY, 2021

LocationsView all

20 locations detected

  • Los Angeles, CA HQ

    United States

    6080 Center Drive, Suite 400/4th Floor

  • Boston, MA

    United States

    One Boston Place, 201 Washington Street, 40th Floor, Suite 4020

  • Bozeman, MT

    United States

    1934 Stadium Drive, Suite A

  • Broomfield, CO

    United States

    8181 Arista Place, Suite 400

  • New York, NY

    United States

    1250 Broadway, 9th Floor

  • San Francisco, CA

    United States

    225 Bush Street, Suite 1840

and 14 others

Magnite Financials

Summary Financials

Revenue (Q1, 2024)
$149.3M
Gross profit (Q1, 2024)
$83.4M
Net income (Q1, 2024)
($17.8M)
Cash (Q1, 2024)
$252.8M
EBIT (Q1, 2024)
($13.8M)
Enterprise value
$2.2B

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