Non-GAAP Earnings per Share

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Magnite(MGNI) - 2025 Q1 - Earnings Call Presentation
2025-05-07 20:35
Q1 2025 Financial Performance - Contribution ex-TAC reached $145.8 million, a 12% increase year-over-year[16] - CTV Contribution ex-TAC was $63.2 million, exceeding guidance and up 15% year-over-year[16] - DV+ Contribution ex-TAC was $82.6 million, exceeding guidance and up 9% year-over-year[16] - Adjusted EBITDA was $36.8 million, a 47% increase year-over-year, with a 25% Adjusted EBITDA margin compared to 19% in Q1 2024[16] - Non-GAAP earnings per share were $0.12, compared to $0.05 for Q1 2024[16] - Operating cash flow was $18.2 million[16] Q2 2025 Guidance - Total Contribution ex-TAC is projected to be between $154 million and $160 million[19] - CTV Contribution ex-TAC is expected to be between $70 million and $72 million[19] - DV+ Contribution ex-TAC is anticipated to be between $84 million and $88 million[19] - Adjusted EBITDA operating expenses are forecasted to be between $110 million and $112 million[19] Revenue Split - Q1 2025 revenue was $155.8 million, with $116.8 million (75%) from the U S and $39.0 million (25%) from international markets[31]