MAGIC SOFTWARE ENTERPRISES LTD
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 44.1
- Dividend yield
- –
About Magic Software Enterprises
Services-Prepackaged Software, SIC 7372
Magic Software Enterprises Ltd. is a global provider of information technology services, IT outsourcing, cloud-based digital transformation services, and proprietary software platforms. Its proprietary platforms include low-code tools for application development, business process integration, and data analytics, such as Magic xpa, Magic xpi, AppBuilder, and FactoryEye. The company also offers vertical software solutions for healthcare patient-file management, air cargo hub handling, human capital management, television broadcast administration, rehabilitation center operations, and mobile sales distribution. Its clientele spans healthcare providers, consumer goods manufacturers, wholesalers, and enterprise customers, including Fortune 1000 businesses.
The company delivers its solutions across approximately 50 countries through direct sales offices, independent software vendors, distributors, resellers, and system integrators. Magic Software Enterprises is supported by a workforce of approximately 3,787 employees, with significant service delivery operations focused in Israel and North America. The company maintains its principal executive offices and headquarters in Or Yehuda, Israel.
Summary of the business section of Magic Software Enterprises's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MAGIC SOFTWARE ENTERPRISES LTD
- Founded
- 1983
- Headquarters
- Or Yehuda Israel, L3
- Address
- Yahadut Canada 1 St. 6037501
- Phone
- 972-3-538-9474
- Employees
- 3,787, Dec 31, 2024
- Industry
- Services-Prepackaged Software
- Incorporated in
- L3
- Fiscal year ends
- December 31
- Auditor
- Ziv Haft, Israel
Stock & identifiers
- Ticker
- RMTHF
- Exchange
- OTC
- Shares outstanding
- 49M, Dec 31, 2024
- Filer category
- Accelerated filer
- SEC CIK
- 876779
- EIN
- 33-0477418
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Asaf Berenstin | CFO | – |
| Guy Bernstein | CEO | – |
Employees
Headcount reported in annual reports
“with 3,787 people as of December 31, 2024, who serve our clients at any given time and whose skills and specialization are a significant”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 13, 2026 | Deregistration | Termination of SEC registration (Form 15) |
| Feb 24, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Apr 30, 2025 | Late filing | Notification of late filing |
| Apr 29, 2024 | Late filing | Notification of late filing |
| May 1, 2023 | Late filing | Notification of late filing |
| May 2, 2022 | Late filing | Notification of late filing |
| May 3, 2021 | Late filing | Notification of late filing |