Craft

Magnite

Stock Price

$8

2023-09-08

Market Capitalization

$1.2 B

2023-05-03

Revenue

$577.1 M

FY, 2022

Magnite Summary

Company Summary

Overview
Magnite (formerly known as The Rubicon Project) is a company that provides technology solutions to automate the purchase and sale of digital advertising inventory. Its platform features applications and services for sellers that own and operate CTV channels, applications, websites, and other digital media properties. The company also offers applications and services for buyers, including advertisers, agencies, agency trading desks, and demand-side platforms.
Type
Public
Status
Active
Founded
2020
HQ
Los Angeles, CA, US | view all locations
Website
https://www.magnite.com/
Cybersecurity rating
ESG rating
40-49 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, 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

22 locations detected

  • Los Angeles, CA HQ

    United States

    12181 Bluff Creek Dr 4th floor

  • Boston, MA

    United States

    201 Washington St 40th Floor Suite 4020

  • Bozeman, MT

    United States

    1934 Stadium Dr Suite A

  • Broomfield, CO

    United States

    8181 Arista Pl Suite #400

  • Holmdel, NJ

    United States

    Bell Labs Holmdel Complex, 101 Crawfords Corner Rd #2320

  • Los Angeles, CA

    United States

    6080 Center Dr suite 400 / 4th floor

and 16 others

Magnite Financials

Summary Financials

Revenue (Q2, 2023)
$152.5M
Gross profit (Q2, 2023)
$22.4M
Net income (Q2, 2023)
($73.9M)
Cash (Q2, 2023)
$266.4M
EBIT (Q2, 2023)
($71.8M)
Enterprise value
$1.6B

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