Magnite (MGNI) Restructuring Costs (2016 - 2023)
Magnite (MGNI) posted Restructuring Costs of $7.5 million for Q1 2023, up 23537.5% on a QoQ basis from -$32000.0 in Q4 2022, and up 10.29% year-over-year from $6.8 million in Q1 2022.
Analysis
Magnite (MGNI) Restructuring Costs (2016 - 2023) Analysis & Trends
Magnite has reported Restructuring Costs for 8 years, with the latest figure at $7.5 million in Q1 2023.
- On a quarterly basis, Restructuring Costs rose 10.29% year-over-year to $7.5 million in Q1 2023; TTM through Dec 2023 was $7.5 million, a 0.27% change from a year earlier, with the FY2025 full-year figure at $200000.0, changed N/A from the prior year.
- Restructuring Costs was $7.5 million for Q1 2023 at Magnite, up from -$32000.0 in the prior quarter.
- The five-year high for Restructuring Costs was $32.6 million in Q2 2021, with the low at -$32000.0 in Q4 2022.
- Average Restructuring Costs over 5 years is $5.6 million, with a median of $2.3 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2022: Restructuring Costs surged 161.2% in 2021, then tumbled 108.49% in 2022.
- Over 5 years, Restructuring Costs stood at $2.0 million in 2019, then tumbled by 57.13% to $875000.0 in 2020, then slumped by 56.91% to $377000.0 in 2021, then tumbled by 108.49% to -$32000.0 in 2022, then soared by 23537.5% to $7.5 million in 2023.
- The last three Restructuring Costs figures came in at $7.5 million (Q1 2023), -$32000.0 (Q4 2022), and $712000.0 (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,015.60 Bn | 3,586.56 Bn | 73.85 Bn |
| 2 | AppLovin | 105.55 Bn | 102.50 Bn | 1.70 Bn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn |
| 4 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn |
| 6 | Digital Turbine | 1.37 Bn | 1.33 Bn | - |
| 7 | Taboola.com | 1.04 Bn | 903.09 Mn | 139.48 Mn |
| 8 | Quinstreet | 1.03 Bn | 904.30 Mn | 49.81 Mn |
| 9 | Ibotta | 929.95 Mn | 781.77 Mn | 69.72 Mn |
| 10 | Mntn | 865.30 Mn | 628.02 Mn | 66.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 7.50 Mn |
| Dec 31, 2022 | -32,000.00 |
| Jun 30, 2022 | 712,000.00 |
| Mar 31, 2022 | 6.80 Mn |
| Dec 31, 2021 | 377,000.00 |
| Sep 30, 2021 | 2.42 Mn |
| Jun 30, 2021 | 32.63 Mn |
| Mar 31, 2021 | 2.72 Mn |
| Dec 31, 2020 | 875,000.00 |
| Sep 30, 2020 | 2.25 Mn |
| Jun 30, 2020 | 12.49 Mn |
| Mar 31, 2020 | 1.93 Mn |
| Dec 31, 2019 | 2.04 Mn |
| Jun 30, 2018 | 974,000.00 |
| Mar 31, 2018 | 2.47 Mn |
| Jun 30, 2017 | 1.62 Mn |
| Mar 31, 2017 | 4.34 Mn |
| Dec 31, 2016 | 3.32 Mn |