Magnite (MGNI) Asset Writedowns and Impairment (2016 - 2024)
Magnite's (MGNI) quarterly Asset Writedowns and Impairment came in at -$141000.0 in Q4 2024, down 153.01% year-on-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.
- On a quarterly basis, Asset Writedowns and Impairment fell 153.01% year-over-year to -$141000.0 in Q4 2024; TTM through Dec 2024 was $593000.0, a 87.47% decrease from a year earlier, with the FY2025 full-year figure at $1.1 million, up 87.39% from the prior year.
- Asset Writedowns and Impairment fell to -$141000.0 in Q4 2024 per MGNI's latest filing, from $400000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $4.6 million in Q2 2023 and bottomed 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.
- Across the five-year window, Asset Writedowns and Impairment tumbled 185.5% in 2022 and surged 4700.0% in 2023, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$100000.0 in 2020, then surged by 149.0% to $49000.0 in 2021, then surged by 512.24% to $300000.0 in 2022, then retreated by 11.33% to $266000.0 in 2023, then sank by 153.01% to -$141000.0 in 2024.
- Per Business Quant, the three latest MGNI Asset Writedowns and Impairment figures stand at -$141000.0 (Q4 2024), $400000.0 (Q3 2024), and $200000.0 (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 139.99 Bn | 137.23 Bn | 1.64 Bn |
| 2 | Omnicom | 24.54 Bn | 20.25 Bn | 1.04 Bn |
| 3 | Wpp | 20.99 Bn | 17.30 Bn | - |
| 4 | Trade Desk | 8.50 Bn | 7.09 Bn | 506.89 Mn |
| 5 | 36Kr Holdings | 2.96 Bn | 2.94 Bn | 11.56 Mn |
| 6 | Magnite | 2.77 Bn | 2.59 Bn | 103.96 Mn |
| 7 | Ziff Davis | 1.98 Bn | 1.46 Bn | 223.32 Mn |
| 8 | Stagwell | 1.94 Bn | 1.83 Bn | 244.61 Mn |
| 9 | DoubleVerify Holdings | 1.76 Bn | 1.59 Bn | 147.67 Mn |
| 10 | Token Cat | 1.24 Bn | 1.24 Bn | - |
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 |