Magnite (MGNI) Asset Writedowns and Impairment (2016 - 2024)
Magnite (MGNI) posted quarterly Asset Writedowns and Impairment of -$141000.0 for Q4 2024, down 153.01% year-over-year from $266000.0 in Q1 2024, and down 135.25% quarter-over-quarter from $400000.0 in Q3 2024.
Magnite (MGNI) Asset Writedowns and Impairment (2016 - 2024) Analysis & Trends
Magnite's Asset Writedowns and Impairment history runs 9 years deep, the most recent figure standing at -$141000.0 for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment fell 153.01% year-over-year to -$141000.0; the TTM figure through Dec 2024 stood at $593000.0 (down 87.47% YoY), while the FY2025 annual figure was $1.1 million, up 87.39% from the prior year.
- Asset Writedowns and Impairment for Q4 2024 stood at -$141000.0, down from $400000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $4.6 million in Q2 2023, with the low at -$571000.0 in Q1 2022.
- The 5-year median for Asset Writedowns and Impairment is $58000.0 (2021), against an average of $321750.0.
- The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment slumped 185.5% in 2022, then surged 4700.0% in 2023.
- Magnite's Asset Writedowns and Impairment stood at -$100000.0 in 2020, then jumped by 149.0% to $49000.0 in 2021, then jumped by 512.24% to $300000.0 in 2022, then fell by 11.33% to $266000.0 in 2023, then slumped by 153.01% to -$141000.0 in 2024.
- Business Quant data shows MGNI's Asset Writedowns and Impairment at -$141000.0 in Q4 2024, $400000.0 in Q3 2024, and $200000.0 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 102.68 Bn | 99.62 Bn | 1.70 Bn |
| 2 | Omnicom | 24.63 Bn | 21.29 Bn | 1.30 Bn |
| 3 | Trade Desk | 6.18 Bn | 4.69 Bn | 530.72 Mn |
| 4 | Wpp | 5.69 Bn | 2.52 Bn | - |
| 5 | Magnite | 3.36 Bn | 3.03 Bn | 130.79 Mn |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn |
| 8 | Ziff Davis | 2.04 Bn | 435.42 Mn | 241.03 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn |
| 10 | Quinstreet | 1.18 Bn | 1.08 Bn | 41.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -141,000.00 |
| Dec 31, 2024 | -141,000.00 |
| Sep 30, 2024 | 400,000.00 |
| Sep 30, 2024 | 400,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Jun 30, 2024 | 200,000.00 |
| Mar 31, 2024 | 134,000.00 |
| Mar 31, 2024 | 134,000.00 |
| Dec 31, 2023 | 266,000.00 |
| Dec 31, 2023 | 266,000.00 |
| Sep 30, 2023 | -200,000.00 |
| Sep 30, 2023 | -200,000.00 |
| Jun 30, 2023 | 4.60 Mn |
| Jun 30, 2023 | 4.60 Mn |
| Mar 31, 2023 | 67,000.00 |
| Mar 31, 2023 | 67,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Jun 30, 2022 | -100,000.00 |
| Jun 30, 2022 | -100,000.00 |