Professional
Added to YB: 2025-06-13
Pitch date: 2025-05-08
MGNI [neutral]
Magnite, Inc.
-20.2%
current return
Author Info
No bio for this author
Company Info
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$15.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.01
P/E
30.49
EV/Sales
2.57
Sector
Media
Category
growth
Crossroads Capital Investment Portfolio Holding: Magnite, Inc.
MGNI (holding update): Largest independent SSP, key enabler of Connected TV advertising. Netflix contract win with 3.5-5% take rates could add $70M+ EBITDA next year (30%+ growth). Trading at <10x EBITDA with 75%+ incremental margins. Google antitrust ruling creates massive upside potential as MGNI could gain market share in display advertising.
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