Magic Software Enterprises Ltd. (MGIC)

MGIC Revenue

In the year 2023, Magic Software Enterprises had annual revenue of $535.05M, a decrease of -5.60%. Revenue in the quarter ending December 31, 2023 was $125.55M, a -14.68% decrease year-over-year.

• Revenue (ttm): $535.05M
• Revenue Growth: -5.60%
• P/S Ratio: 1.10
• Revenue / Employee: $128,587
• Employees: 4,161
• Market Cap: 589.61M USD

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	535.05M	-31.74M	-5.60%
Dec 31, 2022	566.79M	86.47M	18.00%
Dec 31, 2021	480.33M	109.13M	29.40%
Dec 31, 2020	371.19M	45.56M	13.99%
Dec 31, 2019	325.63M	41.26M	14.51%
Dec 31, 2018	284.38M	26.24M	10.16%
Dec 31, 2017	258.14M	56.49M	28.02%
Dec 31, 2016	201.65M	25.62M	14.55%
Dec 31, 2015	176.03M	11.73M	7.14%
Dec 31, 2014	164.30M	19.35M	13.35%
Dec 31, 2013	144.96M	18.58M	14.70%
Dec 31, 2012	126.38M	13.05M	11.52%
Dec 31, 2011	113.33M	24.75M	27.94%
Dec 31, 2010	88.58M	33.23M	60.03%
Dec 31, 2009	55.35M	-6.63M	-10.70%
Dec 31, 2008	61.98M	3.55M	6.08%
Dec 31, 2007	58.43M	5.86M	11.14%
Dec 31, 2006	52.57M	735.00K	1.42%
Dec 31, 2005	51.84M	-13.33M	-20.46%
Dec 31, 2004	65.17M	1.78M	2.80%
Dec 31, 2003	63.39M	3.39M	5.64%
Dec 31, 2002	60.00M	-16.56M	-21.63%
Dec 31, 2001	76.56M	-13.69M	-15.17%
Dec 31, 2000	90.26M	-	-

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.