Observed Signal · Apr 6, 2023 · Earnings Report · Source: Quo Vadis News · Impact: 4/5 · Sentiment: Neutral

Update: Magnite & PubMatic Take Rates Updated

Executive Signal Summary

This article corrects an earlier post about Magnite and PubMatic take rates, revealing that Magnite did report gross ad spend in FY21 and FY22 per earnings transcripts. It notes 2022 revenue ex-TAC of $515 million and total ad spend of about $4.5 billion, and 2021 revenue ex-TAC of $416 million with total ad spend around $3.5 billion. Furthermore, 2020 gross ad spend is described as a plug value based on 95 days receivable. The piece emphasizes that the prior claim Magnite stopped reporting gross ad spend after 2019 was incorrect, thanks to reader input. These data points pertain to Magnite (MGNI) and contextualize reporting on ad spend within the broader adtech landscape.

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High Confidence

Cites updated Magnite ad spend and revenue ex-TAC figures from FY21 and FY22 transcripts; clarifies a prior reporting error.

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Key Takeaways & Evidence Grounding

  • 2022 revenue ex-TAC: $515 million; total ad spend: approximately $4.5 billion.
  • 2021 revenue ex-TAC: $416 million; total ad spend: approximately $3.5 billion.
  • 2020 gross ad spend is a plug value based on 95 days receivable.
  • Article corrects prior claim that Magnite stopped reporting gross ad spend after 2019.
  • Cited sources include FY21 and FY22 earnings transcripts.
Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: Quo Vadis News•Published: Apr 6, 2023
Original Coverage Title: “#43.1 UPDATE: Magnite + Pubmatic, unknown take rates”

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