Magnite (MGNI) Restructuring Costs (2016 - 2023)
Magnite (MGNI) recorded quarterly Restructuring Costs of -$35000.0 in Q4 2023, down 100.47% quarter-over-quarter from $7.5 million in Q1 2023, and down 9.38% on a YoY basis from -$38620.7 in Q4 2022.
Magnite (MGNI) Restructuring Costs (2016 - 2023) Analysis & Trends
Magnite's Restructuring Costs history runs 8 years deep, the most recent figure standing at -$35000.0 for Q4 2023.
- In Q4 2023, Restructuring Costs fell 9.38% year-over-year to -$35000.0; the TTM figure through Sep 2024 stood at -$35000.0 (down 100.47% YoY), while the FY2025 annual figure was $200000.0, changed N/A from the prior year.
- Restructuring Costs was -$35000.0 for Q4 2023 at Magnite, down from $7.5 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $32.6 million in Q2 2021 to a low of -$9.4 million in Q4 2021.
- Historically, Restructuring Costs has averaged $3.8 million across 5 years, with a median of $1.0 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Restructuring Costs plunged 1171.77% in 2021, then soared 867.74% in 2023.
- A 5-year view of Restructuring Costs shows it stood at $2.0 million in 2019, then plunged by 57.13% to $875000.0 in 2020, then slumped by 1171.77% to -$9.4 million in 2021, then surged by 99.66% to -$32000.0 in 2022, then dropped by 9.38% to -$35000.0 in 2023.
- The last three Restructuring Costs figures came in at -$35000.0 (Q4 2023), $7.5 million (Q1 2023), and -$32000.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -35,000.00 |
| Mar 31, 2023 | 7.50 Mn |
| Dec 31, 2022 | -32,000.00 |
| Jun 30, 2022 | 142,000.00 |
| Mar 31, 2022 | 775,000.00 |
| Dec 31, 2021 | -9.38 Mn |
| Sep 30, 2021 | 1.06 Mn |
| Jun 30, 2021 | 32.60 Mn |
| Mar 31, 2021 | 2.70 Mn |
| Dec 31, 2020 | 875,000.00 |
| Sep 30, 2020 | 952,000.00 |
| 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 | 3.40 Mn |
| Jun 30, 2017 | 1.62 Mn |
| Mar 31, 2017 | 4.34 Mn |
| Dec 31, 2016 | 3.32 Mn |