Magnite (MGNI) Asset Writedowns and Impairment (2016 - 2024)

Magnite (MGNI) recorded quarterly Asset Writedowns and Impairment of -$141000.0 in Q4 2024, down 135.25% quarter-over-quarter from $400000.0 in Q3 2024, and down 147.0% on a YoY basis from $300000.0 in Q1 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 147.0% year-over-year to -$141000.0; the TTM figure through Dec 2024 stood at $559000.0 (down 88.35% YoY), while the FY2025 annual figure was $1.1 million, up 95.06% from the prior year.
  • Asset Writedowns and Impairment was -$141000.0 for Q4 2024 at Magnite, down from $400000.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $4.6 million in Q2 2023 to a low of -$571000.0 in Q1 2022.
  • Historically, Asset Writedowns and Impairment has averaged $296888.9 across 5 years, with a median of $74500.0 in 2021.
  • The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment tumbled 10100.0% in 2021, then soared 4700.0% in 2023.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at -$131000.0 in 2020, then jumped by 137.4% to $49000.0 in 2021, then surged by 295.92% to $194000.0 in 2022, then surged by 54.64% to $300000.0 in 2023, then slumped by 147.0% to -$141000.0 in 2024.
  • The last three Asset Writedowns and Impairment figures came in at -$141000.0 (Q4 2024), $400000.0 (Q3 2024), and $200000.0 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AppLovin 166.37 Bn 163.61 Bn 1.78 Bn
2 Omnicom 22.05 Bn 18.39 Bn 1.04 Bn
3 Trade Desk 9.17 Bn 7.76 Bn 506.89 Mn
4 Wpp 2.67 Bn -911.34 Mn -
5 Nexxen International 2.39 Bn 2.26 Bn 70.41 Mn
6 Magnite 2.26 Bn 2.07 Bn 118.28 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn
8 DoubleVerify Holdings 1.67 Bn 1.49 Bn 135.23 Mn
9 Stagwell 1.64 Bn 1.55 Bn 244.61 Mn
10 Clear Channel Outdoor Holdings 1.20 Bn 1.03 Bn 193.76 Mn

Historic Data

Download Data
DateValue
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 100,000.00
Mar 31, 2024 100,000.00
Dec 31, 2023 300,000.00
Dec 31, 2023 300,000.00
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 100,000.00
Mar 31, 2023 100,000.00
Dec 31, 2022 194,000.00
Dec 31, 2022 194,000.00
Sep 30, 2022 300,000.00
Sep 30, 2022 300,000.00