"Warning: Revenue Doesn't Add Up: $93.7 v $93.3"
Magnite, Inc. · MGNI
Spruce Point Capital · p. 24
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"Warning: Revenue Doesn't Add Up: $93.7 v $93.3"
"Revenue Growth Opportunity: Low Double-Digit"
"Industry CAGR '13-'18: Revenue +3% EBIT +9%"
"Revenue is 50% contractual and 31% leasing"
"FY2019 and YTD revenue growth is slowing"
"Subscription Revenue (19% of Revenue)"
"Divested ~$5B Non-HCM Revenue"
"~90% revenue growth 11% CAGR"