Fundamental Analysis: Magnite
***Use our link or enter promo code “CCM” at checkout to get $10 off your first month at 7investing***
Listen on Spotify
On this Sunday’s Fundamental Analysis show we discussed Magnite. Here is a screenshot summary of the show:
What is Magnite? It is a sell-side platform (SSP) for digital advertisers. It is the newly named company post the merger of Telaria and Rubicon Project.
Valuation: TTM EV/sales of 10.9, unprofitable, and not CF positive.
Latest Earnings: Q3 revenue of $61 million, up 61% (12% organic)
Our Future Growth Opportunities: The Magnite Marketplace and the “anti-walled garden” approach.
Are we more interested in this stock after the episode? We were both uninterested in this company.