Magnite Inc. (formerly Rubicon Project) is an American online advertising technology firm based in Los Angeles, California. The company was formed following a merger between Rubicon Project and Telaria in 2020.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| MGNI | MAGNITE, INC. | 2025-10-28 17:09:45 | 20 | 0.11 | 0.55 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MGNI | 0001595974 | MAGNITE, INC. | US55955D1000 | 54930018FR2YX1HHSB02 | 208881738 | Nasdaq | 7370 | Services-Computer Programming, Data Processing, Etc. | 1231 | DE | 1250 BROADWAY | NEW YORK | NY | 10001 | UNITED STATES | US | 212-243-2769 | 1250 BROADWAY, NEW YORK, NY, 10001 | 1250 BROADWAY, NEW YORK, NY, 10001 | RUBICON PROJECT, INC. | Computer software | 2007-05-01 | — | — | https://www.magnite.com | 1,332,741,135 | 142,383,000 | 142,399,305 | Magnite Inc. (formerly Rubicon Project) is an American online advertising technology firm based in Los Angeles, California. The company was formed following a merger between Rubicon Project and Telaria in 2020. | 2025-10-23 13:35:53 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 1,332,741,135 | 145,769,185 | 12.2808 | 142,951,374 | 3,019,321 | 2.1577 |
| 2023 | 1,186,971,950 | 498,531,932 | 72.4147 | 139,932,053 | 4,874,880 | 3.6095 |
| 2022 | 688,440,018 | -2,872,004,151 | -80.6642 | 135,057,173 | 2,784,397 | 2.105 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Sean Buckley | President | 2024 | 572,500 | 0 | 1,905,910 | 619,617 | 7,291 | 3,105,318 |
| Katie Evans | President | 2024 | 490,000 | 0 | 1,524,735 | 371,229 | 10,485 | 2,396,449 |
| Michael Barrett | CEO, President | 2024 | 625,000 | 0 | 3,111,848 | 676,438 | 10,485 | 5,247,108 |
| David Day | Chief Financial Officer | 2024 | 560,000 | 0 | 2,160,040 | 424,262 | 10,485 | 3,154,787 |
| Adam Soroca | Chief Product Officer | 2024 | 490,000 | 0 | 1,524,735 | 371,229 | 9,323 | 2,395,287 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 905 |
| 2023 | 911 |
| 2022 | 947 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 668,170,000 | 619,710,000 | 577,069,000 |
| Cost Of Revenue | 258,838,000 | 409,906,000 | 307,165,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | 95,243,000 | 94,318,000 | 93,757,000 |
| General And Administrative Expenses | 96,860,000 | 89,048,000 | 81,382,000 |
| Operating Expenses | 617,083,000 | 774,719,000 | 689,853,000 |
| Operating Income | 51,087,000 | -155,009,000 | -112,784,000 |
| Net Income | 22,786,000 | -159,184,000 | -130,323,000 |
| Earnings Per Share Basic | 0.16 | -1.17 | -0.98 |
| Earnings Per Share Diluted | 0.16 | -1.17 | -0.98 |
| Weighted Average Shares Outstanding Basic | 140,557,000 | 136,620,000 | 132,887,000 |
| Weighted Average Shares Outstanding Diluted | 146,810,000 | 136,620,000 | 132,887,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 483,220,000 | 326,219,000 | 326,254,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 1,200,046,000 | 1,176,276,000 | 976,506,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 1,703,180,000 | 1,523,003,000 | 1,326,261,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 68,730,000 | 47,371,000 | 44,969,000 |
| Other Assets Non Current | 6,378,000 | 6,729,000 | 7,383,000 |
| Total Assets Non Current | 1,151,588,000 | 1,165,803,000 | 1,385,952,000 |
| Total Assets | 2,854,768,000 | 2,688,806,000 | 2,712,213,000 |
| Accounts Payable | 30,899,000 | 23,844,000 | 19,387,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 3,641,000 | 3,600,000 | 3,600,000 |
| Other Liabilities Current | 9,880,000 | 5,957,000 | 5,939,000 |
| Total Liabilities Current | 1,495,984,000 | 1,402,135,000 | 1,125,032,000 |
| Long Term Debt | 553,745,000 | 532,986,000 | 754,600,000 |
| Other Liabilities Non Current | 1,479,000 | 1,657,000 | 1,723,000 |
| Total Liabilities Non Current | 590,566,000 | 584,988,000 | 795,883,000 |
| Total Liabilities | 2,086,550,000 | 1,987,123,000 | 1,920,915,000 |
| Common Stock | 2,000 | 2,000 | 2,000 |
| Retained Earnings | -661,172,000 | -683,958,000 | -524,774,000 |
| Accumulated Other Comprehensive Income | -4,421,000 | -2,076,000 | -3,151,000 |
| Total Shareholders Equity | 768,218,000 | 701,683,000 | 791,298,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 58,510,000 | 240,820,000 | 216,052,000 |
| Share Based Compensation Expense | 76,519,000 | 72,617,000 | 64,118,000 |
| Other Non Cash Income Expense | — | -311,000 | 86,000 |
| Change In Accounts Receivable | 26,024,000 | 220,102,000 | 46,325,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 97,380,000 | 294,677,000 | 91,377,000 |
| Change In Other Liabilities | 3,293,000 | -112,000 | -389,000 |
| Cash From Operating Activities | 235,201,000 | 214,367,000 | 192,550,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 32,810,000 | 26,764,000 | 30,815,000 |
| Acquisition Of Business | 0 | 0 | 20,755,000 |
| Other Investing Activities | 432,000 | — | — |
| Cash From Investing Activities | -47,502,000 | -37,383,000 | -65,152,000 |
| Tax Withholding For Share Based Compensation | 22,472,000 | 11,814,000 | 14,498,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 14,573,000 | 0 | 15,663,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 1,823,000 | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -28,904,000 | -177,842,000 | -30,172,000 |
| Change In Cash | 157,001,000 | -283,000 | 95,809,000 |
| Cash At End Of Period | 483,220,000 | 326,219,000 | 326,254,000 |
| Income Taxes Paid | 3,870,000 | 5,357,000 | 4,932,000 |
| Interest Paid | 36,863,000 | 37,028,000 | 26,320,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 0.16 | -1.17 | -0.98 |
| Price To Earnings Ratio | 99.5 | -7.9829 | -10.8061 |
| Earnings Growth Rate | -113.6752 | 19.3878 | — |
| Price Earnings To Growth Ratio | -0.8753 | -0.4117 | — |
| Book Value Per Share | 5.4655 | 5.136 | 5.9547 |
| Price To Book Ratio | 2.9128 | 1.8185 | 1.7784 |
| Ebitda | 125,596,000 | 54,624,000 | 61,401,000 |
| Enterprise Value | 2,311,833,440 | 1,486,397,800 | 1,839,219,330 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.7256 | 0.7647 | 0.9582 |
| Capital Expenditures | 79,869,000 | 243,222,000 | 226,954,000 |
| Free Cash Flow | 155,332,000 | -28,855,000 | -34,404,000 |
| Return On Equity | 0.0297 | -0.2269 | -0.1647 |
| One Year Beta | 1.7495 | 2.014 | 2.788 |
| Three Year Beta | 2.4528 | 2.5573 | 2.02 |
| Five Year Beta | 2.0007 | 1.9704 | 1.9103 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Caine Paul | Director | 2025-10-24 | 5,000 | D | 153,603 |
| Caine Paul | Director | 2025-09-19 | 7,500 | D | 158,603 |
| Saltz Aaron | CHIEF LEGAL OFFICER | 2025-09-19 | 8,522 | D | 215,079 |
| Saltz Aaron | CHIEF LEGAL OFFICER | 2025-09-15 | 6,180 | D | 223,601 |
| Caine Paul | Director | 2025-09-10 | 3,811 | D | 167,292 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Stephens Investment Management Group LLC | 2025-09-30 | 21,007,747 | 964,543 | 21.78 |
| Campbell & CO Investment Adviser LLC | 2025-09-30 | 2,892,057 | 132,785 | 21.78 |
| Wilmington Savings Fund Society, FSB | 2025-09-30 | 2,287 | 105 | 21.781 |
| STEPHENS INC /AR/ | 2025-09-30 | 1,817,933 | 83,468 | 21.78 |
| Versant Capital Management, Inc | 2025-09-30 | 23,631 | 1,085 | 21.7797 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| FORUM FUNDS | 2025-09-30 | Lisanti Small Cap Growth Fund | ASCGX | 7,160 | 155,944.8 | 0.9777 |
| Fidelity Rutland Square Trust II | 2025-08-31 | Strategic Advisers U.S. Total Stock Fund | FSAKX | 20,292 | 526,577.4 | 0.0006 |
| Fidelity Rutland Square Trust II | 2025-08-31 | Strategic Advisers Fidelity U.S. Total Stock Fund | FCTDX | 3,104,801 | 80,569,585.95 | 0.0454 |
| FIDELITY SELECT PORTFOLIOS | 2025-08-31 | Fidelity Advisor Communication Services Fund: Class M | FGEMX | 2,202,505 | 57,155,004.75 | 2.5323 |
| FIDELITY SELECT PORTFOLIOS | 2025-08-31 | Fidelity Advisor Communication Services Fund: Class A | FGDMX | 2,202,505 | 57,155,004.75 | 2.5323 |