Income Statement - MAGIC SOFTWARE ENTERPRISES LTD (MGIC)
$(Billion, Million)| Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | Dec-05 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 552.52 | 535.05 | 566.79 | 480.33 | 371.19 | 325.63 | 284.38 | 257.99 | 201.65 | 176.03 | 164.30 | 144.96 | 126.38 | 113.33 | 88.58 | 55.35 | 61.98 | 58.43 | 61.73 | 60.99 |
| Cost of revenue | 394.69 | 382.07 | 411.44 | 347.33 | 261.60 | 223.50 | 195.56 | 175.16 | 133.28 | 113.22 | 99.73 | 85.89 | 73.39 | 67.26 | 51.45 | 26.26 | 27.14 | 27.34 | 28.72 | 26.68 |
| Gross profit | 157.18 | 152.99 | 155.36 | 132.99 | 109.59 | 102.13 | 88.82 | 82.83 | 68.36 | 62.81 | 64.58 | 59.07 | 52.99 | 46.07 | 37.13 | 29.09 | 34.84 | 31.09 | 33.01 | 34.31 |
| Total operating expenses | 96.59 | 95.88 | 94.04 | 79.25 | 67.92 | 68.48 | 57.12 | 56.53 | 46.68 | 41.38 | 42.30 | 39.94 | 36.58 | 31.35 | 27.79 | 24.83 | 30.57 | 29.81 | 36.29 | 38.58 |
| Operating income | 61.24 | 57.11 | 61.38 | 51.24 | 40.59 | 33.65 | 31.70 | 25.96 | 20.86 | 21.43 | 20.73 | 19.13 | 16.41 | 14.72 | 9.34 | 4.26 | 4.27 | 1.28 | -6.71 | -4.26 |
| Non-operating income (net) | -6.62 | -4.67 | -3.66 | -5.97 | -3.19 | -1.18 | 0.15 | -1.71 | -0.20 | -0.68 | -1.85 | -0.70 | 0.15 | 0.35 | -0.07 | 2.25 | 0.45 | 0.33 | 1.96 | 0.36 |
| Income before tax | 54.62 | 52.44 | 57.72 | 45.26 | 37.40 | 32.47 | 31.85 | 24.25 | 20.66 | 20.76 | 18.87 | 18.43 | 16.55 | 15.06 | 9.27 | 6.51 | 4.72 | 1.61 | -4.75 | -3.90 |
| Income tax expense | 11.33 | 9.93 | 11.20 | 10.36 | 7.29 | 6.87 | 7.07 | 6.33 | 3.95 | 3.68 | 2.31 | 1.58 | 0.09 | -0.20 | -0.10 | 0.33 | 0.20 | 0.36 | 0.33 | 0.49 |
| Net income | 36.88 | 37.03 | 40.47 | 29.77 | 25.19 | 20.27 | 19.88 | 15.44 | 14.17 | 16.20 | 15.40 | 15.88 | 16.18 | 15.04 | 9.38 | 6.18 | 4.51 | 12.61 | -5.01 | -4.61 |
Show Quarterly Income Statement
Income Statement - MAGIC SOFTWARE ENTERPRISES LTD (MGIC)
$(Billion, Million)| Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | Dec-05 | Sep-05 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 161.66 | 151.64 | 147.34 | 142.58 | 142.97 | 136.25 | 130.72 | 130.72 | 129.48 | 137.58 | 142.44 | 142.44 | 143.96 | 136.98 | 138.71 | 133.00 | 120.87 | 119.16 | 107.30 | 104.57 | 94.89 | 86.52 | 85.21 | 90.93 | 85.84 | 77.06 | 71.80 | 72.29 | 72.14 | 70.22 | 69.73 | 66.09 | 65.66 | 65.48 | 60.76 | 55.14 | 54.48 | 47.36 | 44.67 | 44.67 | 45.33 | 42.51 | 40.34 | 40.34 | 40.20 | 40.63 | 40.95 | 41.19 | 35.60 | 34.76 | 33.41 | 35.73 | 32.58 | 28.03 | 30.04 | 30.48 | 29.98 | 27.38 | 25.49 | 25.03 | 22.37 | 21.47 | 19.71 | 19.71 | 13.50 | 13.60 | 13.77 | 13.77 | 15.81 | 16.03 | 15.07 | 7.62 | 17.63 | 16.82 | 16.35 | 16.19 | 15.12 | 15.15 | 15.27 | 15.02 | 14.77 |
| Cost of revenue | 117.45 | 109.27 | 106.71 | 100.63 | 103.29 | 97.41 | 94.02 | 94.02 | 92.65 | 97.28 | 103.56 | 103.56 | 104.60 | 100.39 | 101.13 | 95.63 | 88.24 | 86.35 | 77.11 | 73.69 | 65.79 | 61.73 | 60.02 | 63.06 | 58.46 | 52.48 | 49.51 | 50.20 | 50.63 | 48.22 | 46.51 | 45.06 | 44.33 | 44.72 | 41.06 | 37.18 | 35.73 | 31.15 | 29.23 | 29.23 | 29.85 | 27.50 | 24.92 | 24.92 | 24.99 | 24.97 | 24.31 | 24.31 | 20.73 | 20.97 | 19.89 | 20.79 | 19.58 | 16.10 | 16.92 | 17.97 | 17.82 | 16.32 | 15.16 | 14.34 | 13.19 | 12.67 | 11.25 | 11.25 | 6.63 | 6.44 | 6.74 | 6.74 | 6.65 | 6.78 | 6.79 | 4.02 | 7.94 | 7.72 | 7.67 | 7.54 | 7.31 | 7.08 | 6.79 | 7.25 | 6.50 |
| Gross profit | 44.21 | 42.37 | 40.63 | 41.96 | 39.68 | 38.84 | 36.70 | 36.70 | 36.84 | 40.31 | 38.89 | 38.89 | 39.36 | 36.59 | 37.58 | 37.38 | 32.63 | 32.80 | 30.19 | 30.89 | 29.10 | 24.79 | 25.19 | 27.87 | 27.39 | 24.58 | 22.29 | 22.09 | 21.51 | 22.01 | 23.21 | 21.03 | 21.33 | 20.76 | 19.70 | 17.96 | 18.75 | 16.21 | 15.44 | 15.44 | 15.49 | 15.00 | 15.42 | 15.42 | 15.22 | 15.67 | 16.64 | 16.89 | 14.86 | 13.79 | 13.52 | 14.94 | 13.00 | 11.93 | 13.13 | 12.52 | 12.16 | 11.06 | 10.33 | 10.68 | 9.18 | 8.80 | 8.46 | 8.46 | 6.88 | 7.15 | 7.03 | 7.03 | 9.16 | 9.25 | 8.28 | 3.60 | 9.70 | 9.10 | 8.69 | 8.65 | 7.81 | 8.07 | 8.48 | 7.77 | 8.27 |
| Total operating expenses | 27.09 | 26.73 | 24.89 | 25.26 | 24.61 | 23.80 | 21.97 | 21.97 | 22.96 | 24.86 | 23.54 | 23.54 | 23.43 | 22.28 | 21.32 | 21.26 | 20.58 | 20.11 | 17.98 | 18.83 | 18.07 | 14.95 | 16.45 | 19.14 | 18.89 | 16.55 | 13.90 | 13.65 | 13.80 | 14.02 | 15.54 | 14.57 | 14.24 | 14.42 | 13.36 | 12.83 | 12.78 | 10.89 | 10.18 | 10.18 | 10.20 | 9.64 | 9.62 | 9.62 | 9.64 | 10.54 | 10.69 | 11.44 | 9.89 | 9.72 | 8.88 | 10.68 | 8.87 | 8.13 | 8.90 | 8.34 | 8.15 | 7.66 | 7.20 | 7.67 | 6.68 | 6.73 | 6.71 | 6.71 | 6.07 | 6.20 | 6.29 | 6.29 | 7.55 | 7.65 | 8.42 | 5.48 | 8.60 | 8.09 | 7.63 | 8.86 | 9.32 | 9.46 | 8.64 | 9.48 | 9.41 |
| Operating income | 17.12 | 15.64 | 15.74 | 16.70 | 15.07 | 15.04 | 14.43 | 14.73 | 13.33 | 15.45 | 15.35 | 15.35 | 16.11 | 14.73 | 15.94 | 14.28 | 12.05 | 12.69 | 12.21 | 10.97 | 11.03 | 9.84 | 8.75 | 8.73 | 8.50 | 8.04 | 8.39 | 8.44 | 7.71 | 7.99 | 7.57 | 6.18 | 7.10 | 6.34 | 6.34 | 4.31 | 5.97 | 5.32 | 5.26 | 5.26 | 5.29 | 5.37 | 5.80 | 5.80 | 5.57 | 5.13 | 5.95 | 5.45 | 4.97 | 4.07 | 4.64 | 4.26 | 4.12 | 3.80 | 4.23 | 4.18 | 4.01 | 3.40 | 3.13 | 3.01 | 2.50 | 2.07 | 1.75 | 1.75 | 0.81 | 0.96 | 0.74 | 0.74 | 1.61 | 1.60 | -0.14 | -1.88 | 0.24 | 0.42 | 0.47 | -0.25 | -3.64 | -1.39 | -0.16 | -1.72 | -1.14 |
| Non-operating income (net) | -1.70 | -0.89 | -1.19 | -2.00 | -1.48 | -1.24 | -1.64 | -1.95 | -1.70 | -0.32 | -0.70 | -0.70 | -0.81 | -0.22 | -1.57 | -2.45 | -1.08 | -1.30 | -1.15 | -1.98 | -0.59 | -1.14 | 0.52 | -0.35 | -0.62 | 0.04 | -0.24 | -0.01 | -0.29 | 0.25 | 0.20 | -0.55 | -0.34 | -0.60 | -0.23 | -0.30 | -0.14 | 0.16 | 0.08 | 0.08 | 0.40 | -0.07 | -0.91 | -0.91 | -0.55 | -0.32 | -0.14 | -0.10 | -0.07 | -0.12 | -0.40 | 0.19 | 0.08 | -0.17 | 0.04 | -0.06 | 0.08 | 0.21 | 0.11 | 0.07 | 0.10 | -0.41 | 0.17 | 0.17 | 0.09 | 0.21 | 0.06 | 0.06 | 0.17 | 0.12 | 0.22 | 0.38 | -0.03 | -0.01 | 0.13 | 0.40 | 0.19 | 0.17 | -0.07 | -0.19 | -0.25 |
| Income before tax | 15.42 | 14.75 | 14.55 | 14.70 | 13.59 | 13.81 | 12.78 | 12.78 | 11.63 | 15.13 | 14.65 | 14.65 | 15.30 | 14.51 | 14.37 | 11.84 | 10.97 | 11.39 | 11.06 | 8.99 | 10.44 | 8.71 | 9.26 | 8.38 | 7.87 | 8.07 | 8.15 | 8.43 | 7.42 | 8.23 | 7.76 | 5.64 | 6.75 | 5.75 | 6.11 | 4.01 | 5.83 | 5.48 | 5.34 | 5.34 | 5.69 | 5.30 | 4.90 | 4.90 | 5.02 | 4.81 | 5.81 | 5.35 | 4.90 | 3.95 | 4.24 | 4.45 | 4.21 | 3.64 | 4.26 | 4.12 | 4.09 | 3.61 | 3.24 | 3.08 | 2.60 | 1.66 | 1.93 | 1.93 | 0.90 | 1.16 | 0.80 | 0.80 | 1.78 | 1.72 | 0.08 | -1.50 | 0.21 | 0.42 | 0.60 | 0.16 | -3.45 | -1.22 | -0.24 | -1.91 | -1.40 |
| Income tax expense | 3.46 | 3.32 | 2.91 | 2.29 | 3.27 | 3.04 | 2.73 | 2.73 | 2.94 | 2.46 | 2.81 | 2.81 | 2.39 | 3.63 | 3.21 | 3.57 | 2.21 | 2.30 | 2.27 | 1.18 | 2.04 | 2.08 | 1.99 | 1.98 | 1.38 | 1.90 | 1.62 | 2.19 | 1.48 | 1.43 | 1.98 | 1.36 | 2.13 | 1.58 | 1.25 | 0.65 | 1.04 | 0.99 | 1.27 | 1.27 | 1.20 | 0.88 | 0.46 | 0.46 | 0.52 | 0.65 | 0.97 | 0.44 | 0.36 | 0.28 | 0.50 | 0.05 | -0.03 | 0.02 | 0.04 | -0.27 | 0.02 | -0.14 | 0.04 | 0.04 | 0.07 | -0.25 | 0.08 | 0.08 | 0.00 | 0.08 | 0.09 | 0.09 | 0.07 | 0.05 | 0.02 | -0.10 | 0.12 | 0.16 | 0.19 | 0.08 | 0.06 | 0.14 | 0.05 | -0.01 | 0.22 |
| Net income | 9.86 | 10.08 | 9.48 | 10.62 | 8.43 | 9.12 | 8.80 | 8.80 | 7.15 | 11.29 | 10.11 | 10.11 | 11.67 | 9.55 | 9.72 | 6.51 | 7.50 | 7.78 | 7.54 | 5.19 | 7.09 | 5.74 | 5.85 | 5.12 | 4.96 | 4.84 | 5.35 | 4.54 | 5.05 | 5.72 | 4.58 | 3.90 | 3.80 | 3.58 | 4.26 | 2.39 | 4.01 | 4.09 | 3.69 | 3.37 | 4.15 | 4.10 | 4.27 | 4.06 | 4.24 | 3.85 | 4.50 | 4.69 | 4.19 | 3.48 | 3.52 | 4.25 | 4.12 | 3.60 | 4.21 | 4.37 | 4.02 | 3.55 | 3.11 | 3.08 | 2.54 | 1.90 | 1.85 | 1.85 | 0.90 | 1.09 | 0.71 | 0.71 | 1.71 | 1.67 | 0.05 | 10.02 | 0.77 | 0.82 | 1.00 | 0.03 | -3.53 | -1.34 | -0.17 | -1.99 | -1.62 |