Magic Financial Statements From 2010 to 2026

MGIC Stock  USD 26.08  0.53  1.99%   
Magic Software's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Magic Software's valuation are provided below:
Gross Profit
169.8 M
Profit Margin
0.0661
Market Capitalization
1.3 B
Enterprise Value Revenue
2.1507
Revenue
603.2 M
We have found one hundred twenty available fundamental ratios for Magic Software, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Magic Software's last-minute performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 451.9 M. The current year's Enterprise Value is expected to grow to about 410 M

Magic Software Total Revenue

667.17 Million

Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.1 M, Interest Expense of 8.1 M or Total Revenue of 667.2 M, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0369 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
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Check out the analysis of Magic Software Correlation against competitors.

Magic Software Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets652.4 M621.4 M361 M
Slightly volatile
Other Current Liabilities111.7 M106.4 M45.7 M
Slightly volatile
Total Current Liabilities205.6 M195.9 M85.1 M
Slightly volatile
Total Stockholder Equity334.7 M318.8 M212.8 M
Slightly volatile
Property Plant And Equipment Net38.9 M37 M16.3 M
Slightly volatile
Accounts Payable34.7 M33.1 M15.3 M
Slightly volatile
Cash136.2 M129.7 M76.7 M
Slightly volatile
Non Current Assets Total318.9 M303.8 M176.8 M
Slightly volatile
Cash And Short Term Investments145.4 M138.5 M84.8 M
Slightly volatile
Net Receivables180.9 M172.3 M94.9 M
Slightly volatile
Common Stock Shares Outstanding35.6 M56.5 M42.9 M
Slightly volatile
Liabilities And Stockholders Equity652.4 M621.4 M361 M
Slightly volatile
Non Current Liabilities Total83.3 M79.3 M44.7 M
Slightly volatile
Other Current Assets3.8 M6.9 M5.1 M
Slightly volatile
Other Stockholder Equity123.1 M207.4 M167.2 M
Slightly volatile
Total Liabilities288.9 M275.2 M126.5 M
Slightly volatile
Total Current Assets333.5 M317.6 M184.2 M
Slightly volatile
Short and Long Term Debt Total104 M99.1 M43.4 M
Slightly volatile
Intangible Assets36.6 M52.1 M41 M
Slightly volatile
Common StockM1.3 MM
Slightly volatile
Other Liabilities22.3 M21.3 M15.7 M
Slightly volatile
Current Deferred Revenue25.4 M24.2 M9.9 M
Slightly volatile
Other Assets16.1 M15.3 M10.1 M
Slightly volatile
Long Term Debt43.6 M41.5 M20.1 M
Slightly volatile
Good Will208.3 M198.4 M110.9 M
Slightly volatile
Property Plant Equipment44.1 M42 M17.9 M
Slightly volatile
Common Stock Total EquityM1.3 M1.1 M
Slightly volatile
Property Plant And Equipment Gross61.2 M58.3 M21.4 M
Slightly volatile
Short Term Investments8.6 M8.8 M8.3 M
Very volatile
Net Tangible Assets57.4 M48.1 M61.8 M
Very volatile
Short and Long Term Debt28 M26.7 M12.1 M
Slightly volatile
Deferred Long Term Liabilities9.5 M13 M9.2 M
Slightly volatile
Long Term Investments4.4 MM4.6 M
Slightly volatile
Long Term Debt Total21.1 M17.9 M13.5 M
Slightly volatile
Capital Surpluse216.5 M251.4 M203 M
Slightly volatile
Non Current Liabilities Other1.9 MM4.1 M
Very volatile
Net Invested Capital326.8 M387 M283.8 M
Slightly volatile
Net Working Capital102.5 M95.3 M122.3 M
Slightly volatile
Capital Stock1.3 M1.3 M1.2 M
Slightly volatile
Capital Lease Obligations27 M30.9 M20 M
Slightly volatile

Magic Software Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization25.1 M23.9 M13.8 M
Slightly volatile
Total Revenue667.2 M635.4 M329.9 M
Slightly volatile
Gross Profit189.8 M180.8 M100.7 M
Slightly volatile
Other Operating Expenses593.2 M565 M293 M
Slightly volatile
Operating Income73.9 M70.4 M36.6 M
Slightly volatile
EBIT73.9 M70.4 M37.1 M
Slightly volatile
EBITDA99.1 M94.4 M51 M
Slightly volatile
Cost Of Revenue476.6 M453.9 M229.1 M
Slightly volatile
Total Operating Expenses116.6 M111.1 M63.9 M
Slightly volatile
Income Before Tax66 M62.8 M33.9 M
Slightly volatile
Net Income44.5 M42.4 M23.9 M
Slightly volatile
Research Development16.1 M15.3 M7.7 M
Slightly volatile
Selling General Administrative32.7 M48.3 M33 M
Slightly volatile
Net Income Applicable To Common Shares46.8 M44.6 M23.2 M
Slightly volatile
Selling And Marketing Expenses50.8 M48.4 M26.3 M
Slightly volatile
Net Income From Continuing Ops30.7 M49.8 M27.4 M
Slightly volatile
Tax Provision8.6 M13 MM
Slightly volatile
Interest Income3.8 M3.6 M1.3 M
Slightly volatile
Reconciled Depreciation17.2 M23.9 M15.4 M
Slightly volatile

Magic Software Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow88.5 M84.3 M37.8 M
Slightly volatile
Begin Period Cash Flow127.9 M121.8 M71.5 M
Slightly volatile
Depreciation25.1 M23.9 M13.3 M
Slightly volatile
Capital Expenditures2.4 M1.8 M2.5 M
Slightly volatile
Total Cash From Operating Activities90.4 M86.1 M40.3 M
Slightly volatile
Net Income44.5 M42.4 M25.1 M
Slightly volatile
End Period Cash Flow136.2 M129.7 M76.7 M
Slightly volatile
Stock Based Compensation958.3 K1.8 M993.3 K
Slightly volatile
Dividends Paid13.1 M11.5 M11.9 M
Slightly volatile
Change To Netincome3.5 M6.8 M3.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.911.231.6382
Slightly volatile
Dividend Yield0.03690.01950.0275
Slightly volatile
PTB Ratio2.492.452.0912
Slightly volatile
Days Sales Outstanding127114108
Slightly volatile
Book Value Per Share5.795.514.9293
Slightly volatile
Free Cash Flow Yield0.120.110.0845
Slightly volatile
Operating Cash Flow Per Share1.441.370.8337
Slightly volatile
Stock Based Compensation To Revenue0.00340.00330.0031
Pretty Stable
Capex To Depreciation0.08080.0850.3653
Slightly volatile
PB Ratio2.492.452.0912
Slightly volatile
EV To Sales1.691.181.4395
Pretty Stable
Free Cash Flow Per Share1.411.340.7952
Slightly volatile
ROIC0.120.110.1024
Very volatile
Net Income Per Share0.710.680.499
Slightly volatile
Payables Turnover9.0212.3515.4012
Pretty Stable
Sales General And Administrative To Revenue0.08310.08740.1162
Slightly volatile
Research And Ddevelopement To Revenue0.04740.02770.0279
Pretty Stable
Capex To Revenue0.0030.00320.0091
Slightly volatile
Cash Per Share2.312.21.7727
Slightly volatile
POCF Ratio8.649.0912.3761
Pretty Stable
Interest Coverage9.9310.4540.87
Slightly volatile
Capex To Operating Cash Flow0.02240.02360.0647
Slightly volatile
PFCF Ratio7.637.2613.2614
Slightly volatile
Days Payables Outstanding50.9330.5833.8526
Slightly volatile
Income Quality1.921.831.5943
Slightly volatile
ROE0.130.120.1103
Pretty Stable
EV To Operating Cash Flow8.258.6810.9825
Very volatile
PE Ratio10.5814.4418.6562
Very volatile
Return On Tangible Assets0.110.10.1214
Slightly volatile
EV To Free Cash Flow7.286.9411.726
Pretty Stable
Earnings Yield0.05890.05610.0568
Slightly volatile
Intangibles To Total Assets0.310.360.3966
Very volatile
Current Ratio3.061.873.1351
Slightly volatile
Tangible Book Value Per Share1.221.521.8097
Pretty Stable
Receivables Turnover2.643.323.4358
Slightly volatile
Graham Number9.228.787.041
Slightly volatile
Shareholders Equity Per Share5.335.074.4881
Slightly volatile
Debt To Equity0.290.280.1602
Slightly volatile
Capex Per Share0.03410.03590.0391
Very volatile
Revenue Per Share10.6210.116.695
Slightly volatile
Interest Debt Per Share1.781.70.8921
Slightly volatile
Debt To Assets0.150.140.0886
Slightly volatile
Enterprise Value Over EBITDA9.687.928.6503
Very volatile
Short Term Coverage Ratios2.762.9430
Slightly volatile
Price Earnings Ratio10.5814.4418.6562
Very volatile
Operating Cycle138114112
Pretty Stable
Price Book Value Ratio2.492.452.0912
Slightly volatile
Days Of Payables Outstanding50.9330.5833.8526
Slightly volatile
Price To Operating Cash Flows Ratio8.649.0912.3761
Pretty Stable
Price To Free Cash Flows Ratio7.637.2613.2614
Slightly volatile
Pretax Profit Margin0.09340.0890.1125
Slightly volatile
Ebt Per Ebit1.211.030.9996
Pretty Stable
Operating Profit Margin0.10.09970.1179
Slightly volatile
Company Equity Multiplier1.221.751.5429
Slightly volatile
Long Term Debt To Capitalization0.110.10.0676
Slightly volatile
Total Debt To Capitalization0.220.210.1269
Slightly volatile
Return On Capital Employed0.160.150.1267
Slightly volatile
Debt Equity Ratio0.290.280.1602
Slightly volatile
Ebit Per Revenue0.10.09970.1179
Slightly volatile
Quick Ratio3.041.873.1335
Slightly volatile
Dividend Paid And Capex Coverage Ratio6.125.833.162
Slightly volatile
Net Income Per E B T1.170.780.7811
Pretty Stable
Cash Ratio0.860.61.3727
Slightly volatile
Cash Conversion Cycle58.5465.1277.8242
Very volatile
Operating Cash Flow Sales Ratio0.07390.120.1275
Slightly volatile
Days Of Sales Outstanding127114108
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.930.880.9268
Slightly volatile
Cash Flow Coverage Ratios0.740.78127
Slightly volatile
Price To Book Ratio2.492.452.0912
Slightly volatile
Fixed Asset Turnover21.9215.4643.5648
Slightly volatile
Capital Expenditure Coverage Ratio46.0743.8828.6619
Slightly volatile
Price Cash Flow Ratio8.649.0912.3761
Pretty Stable
Enterprise Value Multiple9.687.928.6503
Very volatile
Debt Ratio0.150.140.0886
Slightly volatile
Cash Flow To Debt Ratio0.740.78127
Slightly volatile
Price Sales Ratio1.911.231.6382
Slightly volatile
Return On Assets0.06450.06140.0707
Slightly volatile
Asset Turnover0.951.180.8594
Slightly volatile
Net Profit Margin0.06310.06010.0861
Slightly volatile
Gross Profit Margin0.580.330.3825
Slightly volatile
Price Fair Value2.492.452.0912
Slightly volatile
Return On Equity0.130.120.1103
Pretty Stable

Magic Software Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap451.9 M430.4 M397.4 M
Slightly volatile
Enterprise Value410 M390.5 M359 M
Slightly volatile

Magic Fundamental Market Drivers

Forward Price Earnings23.9234
Cash And Short Term Investments120.4 M

Magic Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
16th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Magic Software Financial Statements

Magic Software stakeholders use historical fundamental indicators, such as Magic Software's revenue or net income, to determine how well the company is positioned to perform in the future. Although Magic Software investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magic Software's assets and liabilities are reflected in the revenues and expenses on Magic Software's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magic Software Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue24.2 M25.4 M
Total Revenue635.4 M667.2 M
Cost Of Revenue453.9 M476.6 M
Sales General And Administrative To Revenue 0.09  0.08 
Research And Ddevelopement To Revenue 0.03  0.05 
Revenue Per Share 10.11  10.62 
Ebit Per Revenue 0.10  0.10 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out the analysis of Magic Software Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Will Application Software sector continue expanding? Could Magic diversify its offerings? Factors like these will boost the valuation of Magic Software. Expected growth trajectory for Magic significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Magic Software data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.176
Dividend Share
0.774
Earnings Share
0.82
Revenue Per Share
12.286
Quarterly Revenue Growth
0.131
Magic Software Enter's market price often diverges from its book value, the accounting figure shown on Magic's balance sheet. Smart investors calculate Magic Software's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Magic Software's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Magic Software's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magic Software represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.