MGIC
Magic Software Enterprises Ltd.
NASDAQ · Technology · Information Technology Services · IL
$17.38
+0.00%Income statement
| Metric | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 603.2M | 552.5M | 535.1M | 566.8M | 480.3M |
| Cost of Revenue | 434.0M | 394.7M | 382.1M | 411.4M | 347.3M |
| Gross Profit | 169.2M | 157.2M | 153.0M | 155.4M | 133.0M |
| Operating Expenses | |||||
| R&D Expense | 14.5M | 13.3M | 10.3M | 10.1M | 9.0M |
| SG&A Expense | 90.9M | 84.1M | 85.3M | 83.9M | 69.4M |
| General & Admin Expense | 52.9M | 42.0M | 71.8M | 71.0M | 58.3M |
| Selling & Marketing Expense | 12.4M | 42.1M | 13.5M | 13.4M | 11.1M |
| Other Expenses | (803.0K) | (829.0K) | 240.0K | — | — |
| Total Operating Expenses | 104.6M | 96.6M | 95.9M | 94.0M | 79.3M |
| Cost and Expenses | 538.0M | 491.3M | 477.9M | 505.5M | 426.6M |
| Operating Income (EBIT) | 65.2M | 61.2M | 57.1M | 61.4M | 51.2M |
| Non-Operating | |||||
| Interest Income | — | 3.2M | 4.9M | 1.4M | 113.0K |
| Interest Expense | 5.5M | 6.7M | 9.2M | 2.4M | 3.8M |
| Net Interest Income | (5.5M) | (3.6M) | (4.3M) | (1.0M) | (3.7M) |
| Other Non-Op Income/Expense | (5.9M) | (6.6M) | (4.7M) | (4.3M) | (6.5M) |
| Non-Operating Income (excl Interest) | (119.0K) | (119.0K) | (4.6M) | (648.0K) | (2.5M) |
| EBT (Pre-Tax Income) | 59.4M | 54.6M | 52.4M | 57.7M | 45.3M |
| Income Tax Expense | 12.0M | 11.3M | 9.9M | 11.2M | 10.4M |
| Bottom Line | |||||
| Net Income | 40.0M | 36.9M | 37.0M | 40.5M | 29.8M |
| Earnings from Cont. Ops | 47.3M | 43.3M | 42.5M | 46.3M | 35.3M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 39.9M | 36.9M | 37.0M | 40.5M | 29.8M |
| Per Share | |||||
| Basic EPS | $0.81 | $0.75 | $0.75 | $0.82 | $0.61 |
| Diluted EPS | $0.81 | $0.75 | $0.75 | $0.82 | $0.61 |
| Revenue Per Share | $12.29 | $11.24 | $10.84 | $11.55 | $9.79 |
| Shares | |||||
| Basic Shares Outstanding | 49.1M | 49.2M | 49.4M | 49.1M | 49.1M |
| Diluted Shares Outstanding | 49.1M | 49.1M | 49.1M | 49.1M | 49.1M |
| Profitability Metrics | |||||
| EBITDA | 86.7M | 82.1M | 82.3M | 82.2M | 74.5M |
| D&A | 21.4M | 20.8M | 20.6M | 19.8M | 19.8M |
| EBIT | 65.3M | 61.4M | 61.7M | 62.4M | 54.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025