Financials in USD. Standardized financial statements.
A compact view of how Magic Software Enterprises Ltd. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $552.52M | $535.05M | $566.79M | $480.32M | $371.19M | $325.63M | $284.38M | $257.99M | $201.65M | $176.03M |
| Revenue Growth? | +3.3% | -5.6% | +18.0% | +29.4% | +14.0% | +14.5% | +10.2% | +27.9% | +14.6% | 0.0% |
| Cost of Revenue? | $394.69M | $382.06M | $411.44M | $347.33M | $261.60M | $223.50M | $195.56M | $175.16M | $133.28M | $113.22M |
| Gross Profit? | $157.18M | $152.99M | $155.35M | $132.99M | $109.59M | $102.13M | $88.82M | $82.83M | $68.36M | $62.81M |
| Gross Margin? | +28.4% | +28.6% | +27.4% | +27.7% | +29.5% | +31.4% | +31.2% | +32.1% | +33.9% | +35.7% |
| Operating Expenses? | $96.59M | $95.88M | $94.04M | $79.25M | $67.92M | $68.48M | $57.12M | $56.53M | $46.68M | $41.38M |
| Operating Income? | $61.24M | $57.11M | $61.38M | $51.23M | $40.59M | $33.65M | $31.70M | $25.96M | $20.86M | $21.43M |
| EBITDA? | $82.06M | $82.27M | $82.20M | $74.47M | $55.62M | $46.87M | $45.40M | $39.57M | $32.70M | $30.58M |
| Income Before Tax | $54.62M | $52.44M | $57.72M | $45.26M | $37.40M | $32.47M | $31.85M | $24.25M | $20.66M | $20.76M |
| Income Tax Expense | $11.33M | $9.93M | $11.20M | $10.36M | $7.29M | $6.87M | $7.07M | $6.33M | $3.95M | $3.68M |
| Net Income? | $36.88M | $37.03M | $40.47M | $29.77M | $25.19M | $20.27M | $19.88M | $15.44M | $14.17M | $16.20M |
| EPS? | $0.75 | $0.75 | $0.82 | $0.61 | $0.49 | $0.26 | $0.39 | $0.35 | $0.27 | $0.37 |
| Diluted EPS? | $0.75 | $0.75 | $0.82 | $0.61 | $0.49 | $0.26 | $0.39 | $0.35 | $0.27 | $0.36 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality