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Magic Software Enterprises Ltd. (MGIC)
NASDAQ: MGIC · Real-Time Price · USD
11.20
-0.12 (-1.06%)
Oct 29, 2024, 4:00 PM EDT - Market closed

MGIC Revenue

Magic Software Enterprises had revenue of $130.72M in the quarter ending March 31, 2024, a decrease of -8.23%. This brings the company's revenue in the last twelve months to $523.33M, down -8.27% year-over-year. In the year 2023, Magic Software Enterprises had annual revenue of $535.05M, down -5.60%.

Revenue (ttm)
$523.33M
Revenue Growth
-8.27%
P/S Ratio
1.05
Revenue / Employee
$144,248
Employees
3,628
Market Cap
549.91M

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023535.05M-31.74M-5.60%
Dec 31, 2022566.79M86.47M18.00%
Dec 31, 2021480.33M109.13M29.40%
Dec 31, 2020371.19M45.56M13.99%
Dec 31, 2019325.63M41.26M14.51%
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Dec 31, 2015 Pro Pro Pro
Dec 31, 2014 Pro Pro Pro
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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