Magnite, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $144.6M | $22.8M | $-159.2M | $-130.3M | $65.0K | $-53.4M | $-25.5M | $-61.8M |
| Depreciation & Amortization | $53.7M | $58.5M | $240.8M | $216.1M | $146.9M | $49.2M | $32.1M | $35.3M |
| Depreciation | $24.8M | $16.4M | $24.0M | $19.0M | $16.1M | $16.0M | $21.3M | $25.0M |
| Amortization | $15.1M | $30.1M | $202.5M | $184.4M | $121.9M | $24.9M | $3.3M | $3.2M |
| Stock-Based Compensation | $76.6M | $76.5M | $72.6M | $64.1M | $40.7M | $28.5M | $18.8M | $16.3M |
| Net Cash from Operating Activities | $236.2M | $235.2M | $214.4M | $192.6M | $126.6M | $-12.1M | $32.0M | $-22.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $70.5M | $32.8M | $26.8M | $30.8M | $17.7M | $14.3M | $11.4M | $11.4M |
| Business Acquisitions | $8.1M | $0 | $0 | $20.8M | $661.9M | $-54.6M | $11.0M | $0 |
| Net Cash from Investing Activities | $-92.8M | $-47.5M | $-37.4M | $-65.2M | $-691.0M | $32.6M | $-23.4M | $27.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $46.3M | $14.6M | $0 | $15.7M | $6.0M | $0 | $0 | — |
| Net Cash from Financing Activities | $-75.1M | $-28.9M | $-177.8M | $-30.2M | $678.1M | $7.4M | $-205.0K | $-1.3M |
| Net Change in Cash | $70.1M | $157.0M | $-283.0K | $95.8M | $113.0M | $28.8M | $8.4M | $3.8M |
| Free Cash Flow | $165.6M | $202.4M | $187.6M | $161.7M | $108.9M | $-26.4M | $20.6M | $-34.1M |