Magic Financial Statements From 2010 to 2024

MGIC Stock  USD 11.64  0.06  0.52%   
Magic Software financial statements provide useful quarterly and yearly information to potential Magic Software Enterprises investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Magic Software financial statements helps investors assess Magic Software's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Magic Software's valuation are summarized below:
Gross Profit
155.4 M
Profit Margin
0.0692
Market Capitalization
580 M
Enterprise Value Revenue
1.0523
Revenue
535.1 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 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 743.2 M. The current year's Enterprise Value is expected to grow to about 740.1 M

Magic Software Total Revenue

561.8 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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.8 M, Interest Expense of 4.5 M or Total Revenue of 561.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0377 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
This module can also supplement Magic Software's financial leverage analysis and stock options assessment as well as various Magic Software Technical models . Check out the analysis of Magic Software Correlation against competitors.

Magic Software Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets550.6 M524.4 M325.1 M
Slightly volatile
Other Current Liabilities69.7 M66.4 M34.6 M
Slightly volatile
Total Current Liabilities149.1 M142 M65.1 M
Slightly volatile
Total Stockholder Equity279.3 M266 M197.8 M
Slightly volatile
Property Plant And Equipment Net35.4 M33.7 M13.7 M
Slightly volatile
Accounts Payable29.8 M28.4 M12.9 M
Slightly volatile
Cash111.7 M106.4 M69.2 M
Slightly volatile
Non Current Assets Total280.4 M267.1 M160 M
Slightly volatile
Non Currrent Assets Other227.6 M216.7 M32.3 M
Slightly volatile
Cash And Short Term Investments112.5 M107.1 M76.7 M
Slightly volatile
Net Receivables138 M131.4 M85.2 M
Slightly volatile
Common Stock Shares Outstanding35.1 M49.1 M41.6 M
Slightly volatile
Liabilities And Stockholders Equity550.6 M524.4 M325.1 M
Slightly volatile
Non Current Liabilities Total96.1 M91.5 M41.3 M
Slightly volatile
Other Current Assets19.8 M18.8 M5.9 M
Slightly volatile
Other Stockholder Equity124.5 M210.2 M169.2 M
Slightly volatile
Total Liabilities245.1 M233.5 M106.3 M
Slightly volatile
Total Current Assets270.2 M257.3 M165.1 M
Slightly volatile
Short and Long Term Debt Total114.2 M108.7 M37.5 M
Slightly volatile
Short Term Debt35 M33.3 M10.8 M
Slightly volatile
Intangible Assets227.6 M216.7 M63.7 M
Slightly volatile
Common Stock279.3 M266 M37.2 M
Slightly volatile
Other Liabilities22.3 M21.3 M15.4 M
Slightly volatile
Current Deferred Revenue14.5 M13.8 M7.6 M
Slightly volatile
Other Assets16.1 M15.3 M9.7 M
Slightly volatile
Long Term Debt36.7 M35 M16 M
Slightly volatile
Good Will191.6 M182.5 M101 M
Slightly volatile
Property Plant Equipment44.1 M42 M15.4 M
Slightly volatile
Common Stock Total EquityM1.3 MM
Slightly volatile
Property Plant And Equipment Gross44.1 M42 M15.3 M
Slightly volatile
Short Term Investments713.5 K751 K7.9 M
Very volatile
Net Tangible Assets57.4 M48.1 M62.9 M
Pretty Stable
Short and Long Term Debt25 M23.8 M9.8 M
Slightly volatile
Deferred Long Term Liabilities9.5 M13 M8.9 M
Slightly volatile
Long Term Investments4.4 MM4.5 M
Slightly volatile
Long Term Debt Total21.1 M17.9 M13.2 M
Slightly volatile
Capital Surpluse216.5 M251.4 M200.9 M
Slightly volatile
Non Current Liabilities Other6.8 M6.5 M5.1 M
Slightly volatile
Net Invested Capital310.3 M361.9 M273.3 M
Slightly volatile
Net Working Capital107.2 M106.5 M125 M
Very volatile
Capital Stock1.3 M1.3 M1.2 M
Slightly volatile
Capital Lease Obligations25.6 M33 M19.1 M
Slightly volatile

Magic Software Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization20.8 M19.8 M12 M
Slightly volatile
Total Revenue561.8 M535.1 M287.7 M
Slightly volatile
Gross Profit160.6 M153 M89.6 M
Slightly volatile
Other Operating Expenses501.6 M477.7 M255.5 M
Slightly volatile
Operating Income60.2 M57.3 M31.8 M
Slightly volatile
EBIT60.2 M57.3 M30.4 M
Slightly volatile
EBITDA81 M77.1 M42.4 M
Slightly volatile
Cost Of Revenue401.2 M382.1 M198.1 M
Slightly volatile
Total Operating Expenses100.4 M95.6 M57.4 M
Slightly volatile
Income Before Tax55.1 M52.5 M29.9 M
Slightly volatile
Net Income38.9 M37.1 M21.4 M
Slightly volatile
Research Development5.4 M10.3 M6.1 M
Slightly volatile
Selling General Administrative93.9 M89.4 M34.9 M
Slightly volatile
Net Income Applicable To Common Shares46.8 M44.6 M21.2 M
Slightly volatile
Selling And Marketing Expenses24.9 M15.5 M24 M
Pretty Stable
Net Income From Continuing Ops29.1 M44.2 M24.7 M
Slightly volatile
Tax Provision8.2 M10.1 M6.2 M
Slightly volatile
Interest Income1.7 M1.6 M667.8 K
Slightly volatile
Reconciled Depreciation16.4 M20.4 M14.4 M
Slightly volatile

Magic Software Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow76.8 M73.2 M30.1 M
Slightly volatile
Begin Period Cash Flow87.2 M83.1 M63.1 M
Slightly volatile
Depreciation20.8 M19.8 M11.7 M
Slightly volatile
Capital Expenditures3.5 M4.8 M4.9 M
Slightly volatile
Total Cash From Operating Activities81.8 M77.9 M35.1 M
Slightly volatile
Net Income38.9 M37.1 M23.7 M
Slightly volatile
End Period Cash Flow111.7 M106.4 M69.2 M
Slightly volatile
Stock Based CompensationM3.8 M1.1 M
Slightly volatile
Dividends Paid32.3 M30.8 M13.3 M
Slightly volatile
Change To Netincome3.5 M6.8 M3.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.840.88911.6316
Slightly volatile
Dividend Yield0.03770.06470.0284
Slightly volatile
PTB Ratio2.491.78862.0637
Slightly volatile
Days Sales Outstanding13089.6442111
Slightly volatile
Book Value Per Share5.695.41764.3988
Slightly volatile
Free Cash Flow Yield0.160.15380.0741
Slightly volatile
Invested Capital0.340.32190.1397
Slightly volatile
Operating Cash Flow Per Share1.671.58750.7675
Slightly volatile
Stock Based Compensation To Revenue0.00690.00710.0034
Very volatile
PB Ratio2.491.78862.0637
Slightly volatile
EV To Sales1.720.89361.4863
Pretty Stable
Free Cash Flow Per Share1.561.49020.6522
Slightly volatile
ROIC0.140.13220.1124
Pretty Stable
Net Income Per Share0.790.75540.4759
Slightly volatile
Payables Turnover8.9613.445915.7749
Pretty Stable
Sales General And Administrative To Revenue0.230.140.1281
Pretty Stable
Research And Ddevelopement To Revenue0.01830.01930.0263
Slightly volatile
Cash Per Share2.292.18151.7008
Slightly volatile
POCF Ratio5.86.103912.8676
Very volatile
PFCF Ratio6.836.502615.9938
Pretty Stable
Days Payables Outstanding52.6227.145834.5947
Slightly volatile
Income Quality2.212.10151.4243
Slightly volatile
ROE0.150.13940.1095
Pretty Stable
EV To Operating Cash Flow5.836.134211.3665
Pretty Stable
PE Ratio10.512.827719.1002
Pretty Stable
Return On Tangible Assets0.130.12050.1245
Slightly volatile
EV To Free Cash Flow6.866.534814.0385
Very volatile
Earnings Yield0.08190.0780.058
Pretty Stable
Intangibles To Total Assets0.310.41330.3984
Very volatile
Current Ratio3.121.81243.3634
Slightly volatile
Tangible Book Value Per Share1.151.51181.8326
Pretty Stable
Receivables Turnover2.594.07173.335
Slightly volatile
Graham Number10.089.59586.8056
Slightly volatile
Shareholders Equity Per Share5.695.41764.3988
Slightly volatile
Debt To Equity0.340.32190.1397
Slightly volatile
Average Receivables118.2 M132.9 M144.8 M
Slightly volatile
Revenue Per Share11.4410.89816.2234
Slightly volatile
Debt To Assets0.170.16330.0788
Slightly volatile
Enterprise Value Over EBITDA8.576.199310.0648
Pretty Stable
Short Term Coverage Ratios2.222.3391487
Slightly volatile
Price Earnings Ratio10.512.827719.1002
Pretty Stable
Operating Cycle13989.6442114
Very volatile
Price Book Value Ratio2.491.78862.0637
Slightly volatile
Days Of Payables Outstanding52.6227.145834.5947
Slightly volatile
Price To Operating Cash Flows Ratio5.86.103912.8676
Very volatile
Price To Free Cash Flows Ratio6.836.502615.9938
Pretty Stable
Pretax Profit Margin0.10.09810.1154
Slightly volatile
Ebt Per Ebit1.240.91531.0066
Slightly volatile
Operating Profit Margin0.110.10720.1202
Slightly volatile
Company Equity Multiplier1.21.97161.5011
Slightly volatile
Long Term Debt To Capitalization0.170.16430.0836
Slightly volatile
Total Debt To Capitalization0.260.24350.1136
Slightly volatile
Return On Capital Employed0.160.150.1213
Slightly volatile
Debt Equity Ratio0.340.32190.1397
Slightly volatile
Ebit Per Revenue0.110.10720.1202
Slightly volatile
Quick Ratio2.051.67993.0933
Slightly volatile
Net Income Per E B T1.190.70650.7896
Pretty Stable
Cash Ratio0.880.74911.4818
Slightly volatile
Cash Conversion Cycle57.7162.498379.6852
Pretty Stable
Operating Cash Flow Sales Ratio0.07290.14570.1275
Slightly volatile
Days Of Sales Outstanding13089.6442111
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.990.93870.8202
Slightly volatile
Cash Flow Coverage Ratios0.860.9104125
Slightly volatile
Price To Book Ratio2.491.78862.0637
Slightly volatile
Fixed Asset Turnover22.1815.874147.2152
Slightly volatile
Price Cash Flow Ratio5.86.103912.8676
Very volatile
Enterprise Value Multiple8.576.199310.0648
Pretty Stable
Debt Ratio0.170.16330.0788
Slightly volatile
Cash Flow To Debt Ratio0.860.9104125
Slightly volatile
Price Sales Ratio0.840.88911.6316
Slightly volatile
Return On Assets0.07430.07070.0722
Slightly volatile
Asset Turnover0.941.02030.8262
Slightly volatile
Net Profit Margin0.07280.06930.0898
Slightly volatile
Gross Profit Margin0.270.28590.3719
Slightly volatile
Price Fair Value2.491.78862.0637
Slightly volatile
Return On Equity0.150.13940.1095
Pretty Stable

Magic Software Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap743.2 M707.8 M492.8 M
Slightly volatile
Enterprise Value740.1 M704.8 M463.6 M
Slightly volatile

Magic Fundamental Market Drivers

Forward Price Earnings23.9234
Cash And Short Term Investments107.1 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

There are typically three primary documents that fall into the category of financial statements. These documents include Magic Software income statement, its balance sheet, and the statement of cash flows. Magic Software investors use historical funamental 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 use each financial statement separately, they are all related. The changes in Magic Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magic Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magic Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magic Software. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue13.8 M14.5 M
Total Revenue535.1 M561.8 M
Cost Of Revenue382.1 M401.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.14  0.23 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 10.90  11.44 
Ebit Per Revenue 0.11  0.11 

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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Magic Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
0.77
Revenue Per Share
10.898
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0696
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.