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| 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 | 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 |