MAGIC SOFTWARE ENTERPRISES LTD Financial Summary

Quick Answer

MAGIC SOFTWARE ENTERPRISES LTD reported Total Revenue of $258.14 million for fiscal year 2017.

MAGIC SOFTWARE ENTERPRISES LTD — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue
Net Income $29.33M
+16.5%
$25.19M
+24.3%
$20.27M
+1.9%
Diluted EPS
Total Assets $540.33M
+3.4%
$522.41M
+3.4%
$505.14M
+3.7%
$487.28M
+10.4%
$441.40M
+9.1%
$404.61M
+11.7%
Cash and Equivalents $88.09M
-0.0%
$88.13M
+7.6%
$81.92M
-6.0%
Long-Term Debt $20.16M
+51.0%
$13.35M
-14.1%
$15.54M
-19.8%
Stockholders Equity $265.25M
+1.8%
$260.43M
+5.1%
$247.84M
+1.6%
R&D Expense $13.31M
+28.9%
$10.33M
+2.4%
$10.09M
+12.2%
$8.99M
+2.3%
$8.79M
+6.7%
$8.24M
+44.6%
Operating Income $51.23M
+26.2%
$40.59M
+20.6%
$33.65M
+6.2%
Gross Profit $157.83M
+3.2%
$152.99M
-1.5%
$155.35M
+16.8%
$132.99M
+21.4%
$109.59M
+7.3%
$102.13M
+15.0%
Shares Outstanding 49.07M
+0.1%
49.04M
+0.2%
48.94M
+0.2%
  • MAGIC SOFTWARE ENTERPRISES LTD reported Total Revenue of $258.14 million for fiscal year 2017.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +28.0% in Total Revenue compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Net Income of $29.33 million for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +16.5% in Net Income compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Diluted EPS of $0.35 per share for fiscal year 2017.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +29.6% in Diluted EPS compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Total Assets of $540.33 million for fiscal year 2024.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +3.4% in Total Assets compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Cash and Equivalents of $88.09 million for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed a decrease of -0.0% in Cash and Equivalents compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Long-Term Debt of $20.16 million for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +51.0% in Long-Term Debt compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Stockholders Equity of $265.25 million for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +1.8% in Stockholders Equity compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported R&D Expense of $13.31 million for fiscal year 2024.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +28.9% in R&D Expense compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Operating Income of $51.23 million for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +26.2% in Operating Income compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Gross Profit of $157.83 million for fiscal year 2024.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +3.2% in Gross Profit compared to the prior fiscal year.
  • MAGIC SOFTWARE ENTERPRISES LTD reported Shares Outstanding of 49.07 million shares for fiscal year 2021.
  • MAGIC SOFTWARE ENTERPRISES LTD showed an increase of +0.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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