Magic Software Enterprises Ltd. (MGIC)

MGIC Financials Overview

Financials in millions USD. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue Revenue Growth	603.22	552.52	535.05	566.79	480.33	371.19
Revenue Growth	12.65%	3.26%	-5.60%	18.00%	29.40%	13.99%
Gross Profit Gross Profit Growth	169.17	157.83	152.99	155.36	132.99	109.59
Operating Income Operating Income Growth	65.2	61.24	57.11	61.76	52.12	40.59
Net Income Net Income Growth	39.88	36.88	37.03	40.47	29.77	25.19
Earnings Per Share EPS Growth	0.81	0.75	0.75	0.82	0.61	0.49
EPS Growth	16.04%	0%	-8.54%	34.43%	24.49%	88.46%

Revenue by Segment

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Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Software Solutions Software Solutions Growth	94.9	92.91	99.37	95.59	86.03
IT Professional Services IT Professional Services Growth	457.62	442.15	467.42	384.74	285.17
Total Total Growth	552.52	535.05	566.79	480.33	371.19

Cash & Debt

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Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Investments Cash & Investments Growth	103.31	112.83	106.69	86.97	93.68	89.65
Total Debt Total Debt Growth	95.89	86.15	108.72	80.04	62.44	49.4
Net Cash (Debt) Net Cash Growth	7.42	26.68	-2.02	6.93	31.24	40.25
Net Cash Growth	1.05%	-	-	-77.83%	-22.39%	-30.53%
Net Cash Per Share Net Cash Per Share Growth	-	-	-0.04	0.14	0.64	0.82

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Cash Flow Operating Cash Flow Growth	96.32	74.83	68.99	56.62	43.67	52.3
Capital Expenditures CapEx Growth	-3.55	-1.54	-1.62	-4.38	-1.44	-2.77
Free Cash Flow Free Cash Flow Growth	92.76	73.3	67.37	52.23	42.24	49.52
Free Cash Flow Growth	52.40%	8.79%	28.98%	23.67%	-14.72%	11.12%

Margins

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Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross Margin	28.04%	28.56%	28.59%	27.41%	27.69%	29.52%
Operating Margin	10.81%	11.08%	10.67%	10.90%	10.85%	10.93%
Pretax Margin	9.87%	9.89%	9.80%	10.13%	9.50%	10.08%
Profit Margin	7.88%	7.84%	7.94%	8.17%	7.36%	8.11%
FCF Margin	15.38%	13.27%	12.59%	9.22%	8.79%	13.34%

Dividends

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Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Dividend Per Share Dividend Per Share Growth	0.604	0.563	0.531	0.590	0.446	0.385
Dividend Per Share Growth	75.91%	6.03%	-10.00%	32.29%	15.84%	63.14%
Dividend Yield	3.48%	0.00%	6.47%	3.16%	2.12%	1.63%

Valuation

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Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
PE Ratio	21.40	16.04	12.92	19.54	34.31	31.94
Forward PE	15.13	12.29	10.89	14.52	20.83	20.55
P/FCF Ratio	13.23	8.06	7.06	15.06	24.32	15.50
PS Ratio	1.41	1.07	0.89	1.39	2.14	2.07

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Sep 30, 2025

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

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