Magic Software Enterprises (MGIC) Financials

$17.38 0.00 (0.00%)

As of 05/12/2026

Annual Income Statements for Magic Software Enterprises

This table shows Magic Software Enterprises' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	16	16	14	15	20	20	25	-40	91	86	86
Consolidated Net Income / (Loss)	17	17	17	18	25	26	30	35	46	43	43
Net Income / (Loss) Continuing Operations	17	17	17	18	25	26	31	-40	85	80	80
Total Pre-Tax Income	19	21	21	24	32	32	37	-40	96	90	91
Total Operating Income	21	21	21	26	32	34	41	-40	96	90	91
Total Gross Profit	65	63	68	83	89	102	357	133	155	153	158
Total Revenue	164	176	176	228	284	326	371	0.00	568	540	556
Operating Revenue	164	176	176	228	284	326	371	-	568	540	556
Total Cost of Revenue	100	113	107	145	196	224	262	0.00	411	382	395
Operating Cost of Revenue	100	113	107	145	196	224	14	-	411	382	395
Total Operating Expenses	44	41	47	57	57	68	317	40	59	68	70
Selling, General & Admin Expense	15	13	18	23	24	30	28	31	38	41	42
Marketing Expense	25	23	24	27	27	30	31	-	47	45	42
Research & Development Expense	4.75	4.89	5.84	6.94	5.70	8.24	8.79	9.00	10	10	13
Other Operating Expenses / (Income)	-	-	-	-	-	-	249	-	-35	-28	-27
Total Other Income / (Expense), net	-1.85	-0.68	-0.43	-1.71	0.15	-1.17	-2.27	0.00	0.00	0.00	0.00
Income Tax Expense	2.31	3.68	3.95	6.33	7.07	6.87	7.29	-	11	9.93	11
Net Income / (Loss) Attributable to Noncontrolling Interest	1.05	0.88	2.54	2.47	4.89	5.33	4.93	-	-5.81	-5.47	-6.41
Basic Earnings per Share	$0.36	$0.37	$0.27	$0.35	$0.39	$0.26	$0.49	-	$0.82	$0.75	$0.75
Weighted Average Basic Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M
Diluted Earnings per Share	$0.36	$0.36	$0.27	$0.35	$0.39	-	-	-	$0.82	$0.75	$0.75
Weighted Average Diluted Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M
Weighted Average Basic & Diluted Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M

No quarterly income statements for Magic Software Enterprises are available.

This table details how cash moves in and out of Magic Software Enterprises' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	37	-10	13	0.76	11	-5.21	6.21	-18	17	4.62	12
Net Cash From Operating Activities	18	20	28	26	24	46	52	23	63	61	60
Net Cash From Continuing Operating Activities	18	20	28	26	24	46	52	23	63	61	60
Net Income / (Loss) Continuing Operations	17	17	17	18	25	26	30	35	46	43	43
Consolidated Net Income / (Loss)	17	17	17	18	25	26	30	35	46	43	43
Depreciation Expense	8.66	9.89	12	14	13	14	14	20	20	21	21
Non-Cash Adjustments To Reconcile Net Income	1.56	0.23	0.17	-13	-1.91	1.97	1.36	-4.92	-2.93	-1.89	-4.42
Net Cash From Investing Activities	-26	-17	-34	-7.32	-20	-15	-9.60	-4.63	-7.44	-4.75	-4.14
Net Cash From Continuing Investing Activities	-26	-17	-34	-7.32	-20	-15	-9.60	-4.63	-7.44	-4.75	-4.14
Purchase of Property, Plant & Equipment	-5.26	-4.96	-5.02	-5.17	-0.86	-1.38	-2.77	-1.44	-4.38	-1.62	-1.54
Sale of Property, Plant & Equipment	-	-	-	-	-	-	-	0.00	0.00	0.05	0.05
Other Investing Activities, net	-0.06	2.66	7.24	1.18	-17	10	7.58	-3.19	-3.06	-3.18	-2.65
Net Cash From Financing Activities	46	-12	20	-19	8.43	-37	-40	-36	-39	-52	-44
Net Cash From Continuing Financing Activities	46	-12	20	-19	8.43	-37	-40	-36	-39	-52	-44
Repayment of Debt	-2.91	-2.87	0.00	-8.19	-7.07	-14	-9.37	-14	-14	-21	-34
Payment of Dividends	-8.68	-9.48	-10	-15	-16	-24	-36	-22	-25	-31	-10

No quarterly cash flow statements for Magic Software Enterprises are available.

This table presents Magic Software Enterprises' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	1/1/2021	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	224	240	316	343	362	405	441	487	505	522	540
Total Current Assets	128	135	158	182	211	205	211	247	249	257	276
Cash & Equivalents	73	62	75	76	87	82	88	88	83	106	113
Accounts Receivable	40	52	62	82	90	103	92	117	118	108	123
Prepaid Expenses	3.42	6.24	8.49	8.64	7.03	13	12	11	14	19	24
Other Current Assets	-	-	-	-	-	-	19	25	30	23	17
Plant, Property, & Equipment, net	2.01	2.30	3.07	3.47	3.07	3.65	5.99	5.87	8.34	7.99	7.47
Plant, Property & Equipment, gross	-	-	-	-	-	-	5.99	5.87	8.34	7.99	7.47
Total Noncurrent Assets	94	102	155	157	148	197	219	229	248	258	257
Noncurrent Note & Lease Receivables	2.38	1.09	1.68	2.02	6.36	-	-	-	5.80	8.62	9.26
Goodwill	55	63	91	98	95	118	136	147	159	166	173
Intangible Assets	33	34	56	51	41	51	53	51	52	51	45
Noncurrent Deferred & Refundable Income Taxes	2.14	2.82	3.55	2.99	1.86	2.19	6.24	7.99	3.62	6.73	4.90
Other Noncurrent Operating Assets	1.43	1.45	2.57	3.23	3.28	26	23	23	28	26	25
Total Liabilities & Shareholders' Equity	224	240	316	343	362	405	441	487	505	522	540
Total Liabilities	34	41	94	103	87	118	133	162	166	191	182
Total Current Liabilities	25	28	45	59	53	67	100	131	156	142	170
Short-Term Debt	2.85	1.22	12	14	9.57	7.08	12	17	21	29	23
Accounts Payable	19	23	29	40	38	44	14	25	28	28	29
Accrued Expenses	-	-	-	-	-	-	42	45	47	41	58
Other Current Liabilities	-	-	-	-	0.00	7.47	13	14	4.59	4.41	4.82
Total Noncurrent Liabilities	8.37	13	49	44	34	51	73	81	73	90	69
Long-Term Debt	0.49	3.26	30	28	19	16	13	20	30	52	36
Capital Lease Obligations	-	-	-	-	-	-	21	22	24	23	22
Noncurrent Deferred & Payable Income Tax Liabilities	4.85	5.73	12	11	10	11	17	18	11	12	7.85
Noncurrent Employee Benefit Liabilities	-	-	-	-	-	4.77	-	-	0.90	1.12	1.18
Total Equity & Noncontrolling Interests	188	193	197	214	248	265	268	276	276	291	301
Total Preferred & Common Equity	185	191	196	210	244	248	260	265	263	266	277
Total Common Equity	185	191	196	210	244	248	260	265	263	266	277
Retained Earnings	7.27	16	20	26	31	28	63	71	86	93	108
Accumulated Other Comprehensive Income / (Loss)	-5.35	-6.70	-7.43	0.08	-6.13	-0.32	7.44	9.26	-6.56	-10	-12
Other Equity Adjustments	-	-	-	-	-	-	190	185	183	184	182
Noncontrolling Interest	2.66	2.10	0.42	3.28	4.41	17	8.72	10	13	25	24

No quarterly balance sheets for Magic Software Enterprises are available.

This table displays calculated financial ratios and metrics derived from Magic Software Enterprises' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-43.33%	7.14%	-0.15%	29.58%	24.86%	14.51%	13.99%	-100.00%	0.00%	0.00%	2.91%
EBITDA Growth	2.92%	11.94%	5.28%	17.07%	17.15%	4.53%	11.93%	-139.05%	-36.64%	-9.84%	1.07%
EBIT Growth	2.40%	9.98%	-0.48%	17.37%	31.37%	1.98%	17.97%	-204.95%	-18.46%	-7.34%	1.09%
NOPAT Growth	4.00%	-3.08%	-3.27%	12.44%	28.58%	7.58%	23.20%	-186.14%	-18.46%	-7.34%	-0.52%
Net Income Growth	-1.72%	3.08%	-2.16%	7.22%	38.31%	3.32%	17.65%	17.34%	30.96%	-8.16%	1.86%
EPS Growth	-16.28%	0.00%	-25.00%	29.63%	11.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-18.34%	7.83%	42.50%	-8.75%	-5.72%	91.05%	13.82%	-56.56%	166.62%	31.39%	-2.50%
Free Cash Flow Firm Growth	22,138.89%	-92.94%	-6,077.47%	117.97%	304.31%	-114.79%	-100.76%	-650.15%	-40.79%	50.89%	3.40%
Invested Capital Growth	10.46%	15.59%	39.52%	7.50%	0.37%	15.77%	18.03%	9.69%	14.63%	0.34%	-0.60%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.30%	35.68%	38.84%	36.43%	31.23%	31.36%	96.21%	0.00%	0.00%	0.00%	28.40%
EBITDA Margin	16.80%	17.55%	18.50%	16.72%	15.68%	14.32%	14.06%	0.00%	0.00%	0.00%	20.11%
Operating Margin	12.61%	12.18%	12.00%	11.40%	11.15%	10.33%	10.93%	0.00%	0.00%	0.00%	16.37%
EBIT Margin	11.49%	11.79%	11.75%	10.65%	11.20%	9.98%	10.32%	0.00%	0.00%	0.00%	16.37%
Profit (Net Income) Margin	10.08%	9.70%	9.51%	7.87%	8.71%	7.86%	8.11%	0.00%	0.00%	0.00%	7.79%
Tax Burden Percent	87.78%	82.27%	80.88%	73.89%	77.80%	78.83%	80.52%	-87.87%	-97.14%	-83.11%	47.59%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	99.99%	99.97%	97.61%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	12.22%	17.73%	19.12%	26.11%	22.20%	21.17%	19.48%	0.00%	0.00%	0.00%	12.45%
Return on Invested Capital (ROIC)	17.43%	14.93%	11.25%	10.46%	12.96%	12.90%	13.58%	0.00%	0.00%	0.00%	24.31%
ROIC Less NNEP Spread (ROIC-NNEP)	20.29%	15.66%	11.83%	13.11%	12.79%	14.13%	20.53%	0.00%	0.00%	0.00%	-90.47%
Return on Net Nonoperating Assets (RNNOA)	-7.16%	-6.16%	-3.32%	-2.71%	-3.34%	-3.79%	-2.73%	0.00%	0.00%	0.00%	-9.68%
Return on Equity (ROE)	10.27%	8.77%	7.93%	7.75%	9.62%	9.11%	10.85%	12.99%	16.77%	14.99%	14.63%
Cash Return on Invested Capital (CROIC)	7.49%	0.47%	-21.75%	3.23%	12.59%	-1.72%	-2.96%	-19.55%	-24.51%	-11.25%	24.91%
Operating Return on Assets (OROA)	9.65%	8.95%	7.43%	7.36%	9.04%	8.47%	9.06%	0.00%	0.00%	0.00%	17.12%
Return on Assets (ROA)	8.47%	7.36%	6.01%	5.44%	7.03%	6.68%	7.12%	0.00%	0.00%	0.00%	8.15%
Return on Common Equity (ROCE)	9.98%	8.47%	7.28%	6.82%	8.49%	7.97%	9.92%	12.54%	16.05%	13.97%	13.42%
Return on Equity Simple (ROE_SIMPLE)	8.95%	8.94%	8.52%	8.52%	10.16%	10.33%	11.60%	13.33%	17.60%	15.98%	15.62%
Net Operating Profit after Tax (NOPAT)	18	18	17	19	25	27	33	-28	-33	-36	80
NOPAT Margin	11.07%	10.02%	9.70%	8.42%	8.67%	8.15%	8.80%	0.00%	0.00%	0.00%	14.33%
Net Nonoperating Expense Percent (NNEP)	-2.86%	-0.73%	-0.59%	-2.65%	0.17%	-1.23%	-6.95%	-5,528.16%	-259.22%	-176.00%	114.77%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	20.83%
Cost of Revenue to Revenue	60.70%	64.32%	61.16%	63.57%	68.77%	68.64%	70.48%	0.00%	0.00%	0.00%	71.03%
SG&A Expenses to Revenue	8.84%	7.63%	9.99%	10.03%	8.53%	9.07%	7.53%	0.00%	0.00%	0.00%	7.56%
R&D to Revenue	2.89%	2.78%	3.32%	3.05%	2.00%	2.53%	2.37%	0.00%	0.00%	0.00%	2.40%
Operating Expenses to Revenue	26.69%	23.50%	26.84%	25.04%	20.10%	20.95%	85.27%	0.00%	0.00%	0.00%	12.60%
Earnings before Interest and Taxes (EBIT)	19	21	21	24	32	32	38	-40	-48	-51	91
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	28	31	33	38	45	47	52	-20	-28	-31	112
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.92	1.01	1.21	1.46	1.19	1.71	2.66	3.58	2.85	1.79	2.08
Price to Tangible Book Value (P/TBV)	1.75	2.04	4.86	5.04	2.70	5.37	9.80	14.19	14.35	9.66	9.70
Price to Revenue (P/Rev)	1.03	1.09	1.36	1.35	1.02	1.30	1.86	0.00	0.00	0.00	1.04
Price to Earnings (P/E)	10.91	11.87	16.82	19.94	14.62	20.91	27.47	0.00	0.00	0.00	6.69
Dividend Yield	4.72%	4.04%	3.26%	4.32%	4.36%	3.53%	1.80%	2.29%	3.32%	6.47%	3.75%
Earnings Yield	9.16%	8.43%	5.95%	5.02%	6.84%	4.78%	3.64%	0.00%	0.00%	0.00%	14.94%
Enterprise Value to Invested Capital (EV/IC)	0.86	1.01	1.24	1.51	1.24	1.80	2.53	3.24	2.29	1.52	1.74
Enterprise Value to Revenue (EV/Rev)	0.57	0.73	1.24	1.26	0.83	1.22	1.77	0.00	0.00	0.00	1.02
Enterprise Value to EBITDA (EV/EBITDA)	3.40	4.14	6.73	7.55	5.32	8.51	12.62	0.00	0.00	0.00	5.09
Enterprise Value to EBIT (EV/EBIT)	4.98	6.16	10.59	11.86	7.45	12.21	17.18	0.00	0.00	0.00	6.25
Enterprise Value to NOPAT (EV/NOPAT)	5.16	7.25	12.83	14.99	9.62	14.95	20.15	0.00	0.00	0.00	7.14
Enterprise Value to Operating Cash Flow (EV/OCF)	5.16	6.52	7.83	11.27	9.87	8.63	12.59	40.75	12.39	6.26	9.53
Enterprise Value to Free Cash Flow (EV/FCFF)	12.01	231.65	0.00	48.51	9.90	0.00	0.00	0.00	0.00	0.00	6.96
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.02	0.19	0.17	0.11	0.08	0.17	0.21	0.27	0.36	0.27
Long-Term Debt to Equity	0.00	0.02	0.13	0.12	0.07	0.05	0.13	0.15	0.20	0.26	0.19
Financial Leverage	-0.35	-0.39	-0.28	-0.21	-0.26	-0.27	-0.13	0.00	0.11	0.16	0.11
Leverage Ratio	1.21	1.19	1.32	1.43	1.37	1.36	1.52	1.71	1.80	1.81	1.80
Compound Leverage Factor	1.21	1.19	1.32	1.43	1.37	1.36	1.49	1.71	1.80	1.81	1.80
Debt to Total Capital	1.72%	2.20%	15.83%	14.77%	9.51%	7.31%	14.68%	17.68%	21.45%	26.39%	21.27%
Short-Term Debt to Total Capital	1.47%	0.60%	4.58%	4.87%	3.14%	2.29%	3.69%	5.11%	5.90%	7.32%	6.06%
Long-Term Debt to Total Capital	0.25%	1.60%	11.25%	9.90%	6.37%	5.03%	10.99%	12.57%	15.55%	19.07%	15.21%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.88%	3.86%	9.99%	10.37%	10.39%	12.54%	2.77%	3.11%	3.80%	6.32%	6.24%
Common Equity to Total Capital	95.40%	93.94%	74.18%	74.86%	80.10%	80.15%	82.55%	79.21%	74.75%	67.29%	72.49%
Debt to EBITDA	0.12	0.15	1.29	1.09	0.65	0.49	0.88	-2.90	-2.71	-3.41	0.73
Net Debt to EBITDA	-2.94	-2.34	-1.41	-1.30	-1.90	-1.41	-0.81	1.69	0.41	0.08	-0.28
Long-Term Debt to EBITDA	0.02	0.11	0.91	0.73	0.43	0.33	0.66	-2.06	-1.96	-2.46	0.52
Debt to NOPAT	0.18	0.25	2.46	2.16	1.17	0.85	1.41	-2.10	-2.26	-2.91	1.02
Net Debt to NOPAT	-4.46	-4.09	-2.69	-2.58	-3.45	-2.48	-1.29	1.23	0.35	0.07	-0.39
Long-Term Debt to NOPAT	0.03	0.18	1.74	1.45	0.79	0.59	1.06	-1.49	-1.64	-2.11	0.73
Altman Z-Score	4.64	4.46	2.81	3.22	3.73	3.73	4.75	3.74	2.85	1.68	4.00
Noncontrolling Interest Sharing Ratio	2.88%	3.45%	8.13%	12.02%	11.80%	12.53%	8.56%	3.52%	4.31%	6.76%	8.25%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.10	4.77	3.54	3.07	3.99	3.07	2.12	1.89	1.60	1.81	1.62
Quick Ratio	4.96	4.55	3.35	2.92	3.86	2.86	1.81	1.61	1.31	1.52	1.39
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	7.82	0.55	-33	5.93	24	-3.54	-7.12	-53	-75	-37	82
Operating Cash Flow to CapEx	345.89%	395.84%	556.54%	493.29%	2,786.79%	3,331.98%	1,886.58%	1,578.80%	1,382.63%	5,088.81%	4,002.08%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.76	0.63	0.69	0.81	0.85	0.88	0.00	0.00	0.00	1.05
Accounts Receivable Turnover	4.54	3.80	3.07	3.16	3.30	3.38	3.82	0.00	0.00	0.00	4.80
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	86.98	81.86	65.57	69.72	86.96	96.90	77.04	0.00	0.00	0.00	71.91
Accounts Payable Turnover	4.99	5.40	4.16	4.22	4.98	5.44	9.04	0.00	0.00	0.00	13.81
Days Sales Outstanding (DSO)	80.34	96.14	118.81	115.47	110.59	108.08	95.66	0.00	0.00	0.00	76.04
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	73.13	67.56	87.81	86.55	73.23	67.04	40.36	0.00	0.00	0.00	26.43
Cash Conversion Cycle (CCC)	7.22	28.58	31.00	28.92	37.36	41.04	55.29	0.00	0.00	0.00	49.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	110	127	177	190	191	221	261	286	328	329	327
Invested Capital Turnover	1.57	1.49	1.16	1.24	1.49	1.58	1.54	0.00	0.00	0.00	1.70
Increase / (Decrease) in Invested Capital	10	17	50	13	0.70	30	40	25	42	1.12	-1.98
Enterprise Value (EV)	94	128	219	288	237	397	658	926	750	498	568
Market Capitalization	169	192	238	308	291	424	692	950	748	476	576
Book Value per Share	$4.98	$4.32	$4.43	$4.74	$5.48	$5.07	$5.31	$5.41	$5.36	$5.42	$5.65
Tangible Book Value per Share	$2.61	$2.13	$1.11	$1.38	$2.42	$1.62	$1.44	$1.37	$1.06	$1.00	$1.21
Total Capital	194	203	265	281	305	309	315	335	352	395	382
Total Debt	3.34	4.48	42	41	29	23	46	59	75	104	81
Total Long-Term Debt	0.49	3.26	30	28	19	16	35	42	55	75	58
Net Debt	-81	-72	-46	-49	-85	-66	-42	-35	-12	-2.39	-31
Capital Expenditures (CapEx)	5.26	4.96	5.02	5.17	0.86	1.38	2.77	1.44	4.38	1.56	1.49
Debt-free, Cash-free Net Working Capital (DFCFNWC)	21	31	38	45	54	57	35	39	27	37	16
Debt-free Net Working Capital (DFNWC)	106	108	126	136	168	145	123	133	114	144	129
Net Working Capital (NWC)	103	107	114	122	158	138	111	116	93	115	106
Net Nonoperating Expense (NNE)	1.63	0.56	0.35	1.26	-0.12	0.93	2.56	-63	-80	-78	36
Net Nonoperating Obligations (NNO)	-81	-72	-46	-49	-85	-66	-7.89	10	51	38	26
Total Depreciation and Amortization (D&A)	8.72	10	12	14	13	14	14	20	20	21	21
Debt-free, Cash-free Net Working Capital to Revenue	13.07%	17.89%	21.60%	19.82%	18.97%	17.42%	9.32%	0.00%	0.00%	0.00%	2.93%
Debt-free Net Working Capital to Revenue	64.45%	61.45%	71.57%	59.75%	59.03%	44.60%	33.14%	0.00%	0.00%	0.00%	23.23%
Net Working Capital to Revenue	62.72%	60.75%	64.67%	53.74%	55.67%	42.43%	30.01%	0.00%	0.00%	0.00%	19.06%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.36	$0.37	$0.27	$0.35	$0.39	$0.26	$0.49	$0.52	$0.00	$0.00	$0.75
Adjusted Weighted Average Basic Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M
Adjusted Diluted Earnings per Share	$0.36	$0.36	$0.27	$0.35	$0.39	$0.26	$0.49	$0.00	$0.00	$0.00	$0.75
Adjusted Weighted Average Diluted Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M
Adjusted Basic & Diluted Earnings per Share	$0.36	$0.00	$0.00	$0.00	$0.39	$0.26	$0.49	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.17M	44.34M	44.36M	44.49M	48.86M	48.94M	49.04M	49.07M	49.09M	49.10M	49.10M
Normalized Net Operating Profit after Tax (NOPAT)	18	18	17	19	25	27	33	-28	-33	-36	80
Normalized NOPAT Margin	11.07%	10.02%	9.70%	8.42%	8.67%	8.15%	8.80%	0.00%	0.00%	0.00%	14.33%
Pre Tax Income Margin	11.49%	11.79%	11.75%	10.65%	11.20%	9.97%	10.08%	0.00%	0.00%	0.00%	16.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	52.40%	55.52%	60.71%	85.08%	65.72%	95.35%	118.29%	61.63%	53.68%	72.46%	23.14%
Augmented Payout Ratio	52.40%	55.52%	60.71%	85.08%	65.72%	95.35%	118.29%	61.63%	53.68%	72.46%	23.14%

No quarterly metrics and ratios for Magic Software Enterprises are available.

Financials Breakdown Chart

Magic Software Enterprises Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Magic Software Enterprises' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

Magic Software Enterprises' net income appears to be on an upward trend, with a most recent value of $43.29 million in 2024, rising from $16.57 million in 2014. The previous period was $42.50 million in 2023. Check out Magic Software Enterprises' forecast to explore projected trends and price targets.

Magic Software Enterprises' total operating income in 2024 was $90.98 million, based on the following breakdown:

Total Gross Profit: $157.83 million
Total Operating Expenses: $70.02 million

Over the last 10 years, Magic Software Enterprises' total revenue changed from $164.30 million in 2014 to $555.68 million in 2024, a change of 238.2%.

Magic Software Enterprises' total liabilities were at $182.14 million at the end of 2024, a 4.8% decrease from 2023, and a 443.2% increase since 2014.

In the past 10 years, Magic Software Enterprises' cash and equivalents has ranged from $62.19 million in 2015 to $112.78 million in 2024, and is currently $112.78 million as of their latest financial filing in 2024.

Over the last 10 years, Magic Software Enterprises' book value per share changed from 4.98 in 2014 to 5.65 in 2024, a change of 13.3%.

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Financial statements for NASDAQ:MGIC last updated on 6/17/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Magic Software Enterprises (MGIC) Financials

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Magic Software Enterprises Financials - Frequently Asked Questions

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Magic Software Enterprises (MGIC) Financials

Annual Income Statements for Magic Software Enterprises

Quarterly Income Statements for Magic Software Enterprises

Annual Cash Flow Statements for Magic Software Enterprises

Quarterly Cash Flow Statements for Magic Software Enterprises

Annual Balance Sheets for Magic Software Enterprises

Quarterly Balance Sheets for Magic Software Enterprises

Annual Metrics And Ratios for Magic Software Enterprises

Quarterly Metrics And Ratios for Magic Software Enterprises

Financials Breakdown Chart

Magic Software Enterprises Financials - Frequently Asked Questions

When does Magic Software Enterprises' financial year end?

How has Magic Software Enterprises' net income changed over the last 10 years?

What is Magic Software Enterprises' operating income?

How has Magic Software Enterprises' revenue changed over the last 10 years?

How much debt does Magic Software Enterprises have?

How much cash does Magic Software Enterprises have?

How has Magic Software Enterprises' book value per share changed over the last 10 years?

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