Magnite Overview
- Year Founded
-
2007

- Status
-
Public
- Employees
-
925

- Stock Symbol
-
MGNI

- Investments
-
15
- Share Price
-
$20.00
- (As of Friday Closing)
Magnite General Information
Description
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
Contact Information
Website
www.magnite.comCorporate Office
- 1250 Broadway
- 9th Floor
- New York, NY 10001
- United States
Corporate Office
- 1250 Broadway
- 9th Floor
- New York, NY 10001
- United States
Magnite Timeline
Magnite Stock Performance
As of 14-Feb-2025, Magnite’s stock price is $20.00. Its current market cap is $2.81B with 141M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$20.00 | $19.49 | $8.38 - $21.29 | $2.81B | 141M | 2M | $0.12 |
Magnite Financials Summary
As of 30-Sep-2024, Magnite has a trailing 12-month revenue of $661M.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 2,251,405 | 1,657,167 | 1,968,409 | 2,912,508 |
Revenue | 661,134 | 619,710 | 577,069 | 468,413 |
EBITDA | 106,249 | 115,642 | 109,715 | 71,746 |
Net Income | 17,293 | (159,184) | (130,323) | 65 |
Total Assets | 2,737,871 | 2,688,806 | 2,712,213 | 2,712,612 |
Total Debt | 618,618 | 606,653 | 813,860 | 809,252 |
Magnite Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Magnite Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
---|
Magnite Comparisons
Industry
Financing
Details
Magnite Competitors (63)
One of Magnite’s 63 competitors is PubMatic, a Formerly VC-backed company based in Redwood City, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
PubMatic | Formerly VC-backed | Redwood City, CA | ||||
Glispa | Formerly VC-backed | Berlin, Germany | ||||
Appodeal | Venture Capital-Backed | McLean, VA | ||||
Index Exchange | Venture Capital-Backed | Toronto, Canada | ||||
ADvendio | Corporation | Hamburg, Germany |
Magnite Patents
Magnite Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20200211050-A1 | Systems and methods for real-time optimization of advertisement placements on a webpage | Inactive | 28-Dec-2018 | ||
US-20200211063-A1 | Systems and methods for real-time revenue and cost attribution associated with user acquisition | Inactive | 28-Dec-2018 | ||
US-11120479-B2 | Platform for programmatic advertising | Active | 25-Jan-2016 | ||
US-20170213255-A1 | Platform for programmatic advertising | Active | 25-Jan-2016 | ||
US-20170161774-A1 | Methods and systems for managing and routing targeted content over networks | Inactive | 03-Dec-2015 | G06Q30/0244 |
Magnite Signals
Magnite Acquisitions (15)
Magnite’s most recent deal was a Merger/Acquisition with Carbon RMP. The deal was made on 24-Feb-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Carbon RMP | 24-Feb-2022 | Merger/Acquisition | Business/Productivity Software | ||
Nth Party | 01-Dec-2021 | Merger/Acquisition | Network Management Software | ||
SpringServe | 01-Jul-2021 | Merger/Acquisition | Business/Productivity Software | ||
SpotX (Media and Information Services (B2B)) | 30-Apr-2021 | Merger/Acquisition | Media and Information Services (B2B) | ||
Spotx | 30-Apr-2021 | Merger/Acquisition | Publishing |
Magnite ESG
Risk Overview
Risk Rating
Updated January, 30, 2024
24.87 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Software & Services
Industry
of 962
Rank
Percentile

Enterprise and Infrastructure Software
Subindustry
of 379
Rank
Percentile

Magnite FAQs
-
When was Magnite founded?
Magnite was founded in 2007.
-
Where is Magnite headquartered?
Magnite is headquartered in New York, NY.
-
What is the size of Magnite?
Magnite has 925 total employees.
-
What industry is Magnite in?
Magnite’s primary industry is Business/Productivity Software.
-
Is Magnite a private or public company?
Magnite is a Public company.
-
What is Magnite’s stock symbol?
The ticker symbol for Magnite is MGNI.
-
What is the current stock price of Magnite?
As of 14-Feb-2025 the stock price of Magnite is $20.00.
-
What is the current market cap of Magnite?
The current market capitalization of Magnite is $2.81B.
-
What is Magnite’s current revenue?
The trailing twelve month revenue for Magnite is $661M.
-
Who are Magnite’s competitors?
PubMatic, Glispa, Appodeal, Index Exchange, and ADvendio are some of the 63 competitors of Magnite.
-
What is Magnite’s annual earnings per share (EPS)?
Magnite’s EPS for 12 months was $0.12.
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