RMTHFOTCServices-Prepackaged SoftwareFiscal year ends December 31

MAGIC SOFTWARE ENTERPRISES LTD

Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on May 15, 2025

$33.08+0.26 (+0.79%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 44.1
Dividend yield: –

MAGIC SOFTWARE ENTERPRISES LTD income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	553	535	567	480	–	–	284	258	202	176	164	145	126	113	89	55
Cost of Revenue	395	382	411	347	262	224	196	175	133	113	100	86	73	67	51	26
Gross Profit	158	153	155	133	110	102	89	83	68	63	65	59	53	46	37	29
Research & Development	13	10	10	9.00	8.79	8.24	5.70	6.94	5.84	4.89	4.75	4.75	2.95	2.05	2.07	1.31
Selling, General & Admin	–	8.00	8.17	6.97	59	60	51	50	41	36	39	36	34	29	26	24
Selling & Marketing	42	45	47	38	31	30	27	27	24	23	25	23	23	20	18	15
General & Administrative	–	–	–	32	28	30	24	23	18	13	15	13	11	9.16	8.19	8.21
Advertising Expenses	–	–	–	1.67	0.47	0.52	0.30	0.38	0.42	0.38	0.47	0.31	0.56	0.31	0.32	–
Operating Expenses	–	–	–	–	–	68	57	57	47	41	44	40	37	31	28	23
Operating Income	–	–	–	51	41	34	32	26	21	21	21	19	16	15	9.34	6.23
Interest Expense	9.10	9.23	4.99	3.80	–	–	–	–	–	–	–	–	–	–	–	–
Interest & Investment Income	3.16	4.90	1.39	0.11	–	–	–	–	–	–	–	–	–	–	–	–
Income from Equity Investments	-0.38	-0.06	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Non-Operating Income	–	–	–	-3.16	-0.92	-1.17	0.15	–	0	0.01	-0.07	-0.01	0.14	0.13	0.16	0.04
Gain (Loss) on Investments	–	–	–	–	–	–	0.05	0.01	–	–	–	–	0	0	0.00	0.00
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	–	–	–	0	0	-0.01	0	-0.01	0	2.25
Pretax Income	55	52	57	46	37	32	32	24	21	21	19	18	17	15	9.27	6.51
Income Tax Expense	11	9.93	11	10	7.29	6.87	7.07	6.33	3.95	3.68	2.31	1.58	0.09	-0.20	-0.10	0.33
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	17	17	16	–	–	–
Net Income incl. Noncontrolling Interests	43	43	46	35	30	26	25	18	17	17	17	17	16	15	9.38	6.18
Minority Interest in Earnings	6.41	5.47	5.81	5.57	2.41	2.22	1.51	0.94	0.28	0.24	0.62	0.43	0.09	0.22	0	0
Net Income	37	37	40	30	25	20	20	15	14	16	16	16	16	15	9.38	6.18
Preferred Dividends	–	–	–	22	13	15	13	–	–	–	–	–	–	–	–	–
Net Income to Common	–	–	–	29	25	20	–	–	–	–	–	–	–	–	–	–
EPS (Basic)(per share)	0.75	0.75	0.82	0.61	0.49	0.26	0.39	0.35	0.27	0.37	0.36	0.43	0.44	0.41	0.29	0.19
EPS (Diluted)(per share)	0.75	0.75	0.82	0.61	0.49	0.26	0.39	0.35	0.27	0.36	0.36	0.43	0.44	0.41	0.29	0.19
Shares Outstanding (Basic, Weighted)(shares)	49	49	49	49	49	49	47	44	44	44	43	37	37	36	32	–
Shares Outstanding (Diluted, Weighted)(shares)	49	49	49	49	49	49	47	45	45	44	43	37	37	37	33	–
EBITDA	–	–	–	71	55	48	44	40	33	31	29	28	24	–	–	–
Net Interest Income	–	–	–	-0.84	-0.61	-0.37	-0.99	-1.12	-0.20	0.06	-0.16	-0.17	0.02	0.40	0.02	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2024

Profitability, FY2024

Gross margin: 28.6%
Operating margin: –
Net margin: 6.7%
Return on equity, FY2024: 13.6%

Financial strength

Current ratio: 1.62
Debt to equity: 0.42
Debt to assets: 21.6%
Cash to current liabilities: 66.2%

Valuation

P/E ratio: 44.1
Price to sales: –
Price to book: –
Dividend yield: –