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 revenue by segment
By business segment
| Revenue | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IT Professional Services [Member] | $457.62M | $442.15M | $467.42M | $384.74M | – | – | – | – | – | – | 82.8% | +3.5% |
| Software solutions | $94.90M | $92.91M | $99.37M | $95.59M | – | – | – | $77.10M | $70.83M | $67.27M | 17.2% | +2.1% |
| Unallocated Expenses [Member] | – | – | – | – | – | – | – | – | $0 | $0 | – | – |
| IT professional services [Member] | – | – | – | – | – | – | – | $181.04M | $130.81M | $108.76M | – | – |
| Operating income | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Software solutions | – | – | – | – | $21.53M | $14.32M | $17.43M | $13.45M | $11.99M | $14.31M | – |
| Unallocated Expenses [Member] | – | – | – | – | -$7.20M | -$3.31M | -$4.79M | -$3.98M | -$3.30M | -$3.25M | – |
| IT professional services [Member] | – | – | – | – | $26.26M | $22.65M | $19.06M | $16.48M | $12.40M | $10.38M | – |
By product or service
By region
| Revenue | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Israel [Member] | $244.52M | $214.13M | $205.26M | $180.46M | – | – | – | $91.92M | $58.08M | $36.40M | 44.3% | +14.2% |
| United States [Member] | $229.08M | $250.84M | $308.49M | $254.34M | – | – | – | – | – | – | 41.5% | -8.7% |
| Europe [Member] | $62.41M | $55.18M | $39.25M | $30.09M | – | – | – | – | – | – | 11.3% | +13.1% |
| Japan [Member] | $12.67M | $10.85M | $10.12M | $11.44M | – | – | – | $9.25M | $11.23M | $10.09M | 2.3% | +16.8% |
| Others [Member] | $3.84M | $4.05M | $3.68M | $3.99M | – | – | – | – | – | – | 0.7% | -5.2% |
| Europe [Member] | – | – | – | – | – | – | – | $26.64M | $23.64M | $29.08M | – | – |
| Other [Member] | – | – | – | – | – | – | – | $7.22M | $8.23M | $7.88M | – | – |
| United States | – | – | – | – | – | – | – | $123.11M | $100.47M | $92.58M | – | – |
From the segment and revenue-disaggregation notes of Magic Software Enterprises's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.