MGNI: Magnite, Inc. - Summary | Jitta

Magnite, Inc.

NASDAQ:MGNI

Price
$14.13
Loss Chance
44.1%
5.62JITTA SCORE
23.67%Over Jitta Line
Jitta Ranking
9 / 83
676 / 4,226
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (67)
Recent Business Performance (83)
Financial Strength (71)
Return to Shareholders (23)
Competitive Advantage (68)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
SG&A to SalesDecreasing Every Year
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning loss detected in 2023
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
5.62
23.67%
3.15
136.68%
Advertising
2.22
50.19%
4.95
83.13%
4.43
17.21%
COMPANY DESCRIPTION
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company’s platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.