Magic Software Enterprises Ltd (RMTHF) stock
RMTHFOTCServices-Prepackaged SoftwareFiscal year ends December 31
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, 2026Market cap –P/E 44.1Yield –
Magic Software Enterprises r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2024 it was $13.31M, up 28.9% from the year before. Over ten years it grew 10.9% a year on average. The highest annual figure on record is $13.31M in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $13.31M | +28.9% |
| FY2023 | Dec 31, 2023 | $10.33M | +2.4% |
| FY2022 | Dec 31, 2022 | $10.09M | +12.2% |
| FY2021 | Dec 31, 2021 | $9.00M | +2.3% |
| FY2020 | Dec 31, 2020 | $8.79M | +6.7% |
| FY2019 | Dec 31, 2019 | $8.24M | +44.6% |
| FY2018 | Dec 31, 2018 | $5.70M | -17.9% |
| FY2017 | Dec 31, 2017 | $6.94M | +18.9% |
| FY2016 | Dec 31, 2016 | $5.84M | +19.5% |
| FY2015 | Dec 31, 2015 | $4.89M | +2.9% |
| FY2014 | Dec 31, 2014 | $4.75M | 0.0% |
| FY2013 | Dec 31, 2013 | $4.75M | +61.2% |
| FY2012 | Dec 31, 2012 | $2.95M | +44.0% |
| FY2011 | Dec 31, 2011 | $2.05M | -1.2% |
| FY2010 | Dec 31, 2010 | $2.07M | +58.2% |
| FY2009 | Dec 31, 2009 | $1.31M | – |
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