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Magic Software Enterprises Ltd (MGIC) Annual Income Statement

Annual · GAAP · USD millions
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Observing income statement movements over recent quarters helps explain how Magic Software Enterprises Ltd adapts pricing, costs, and operating efficiency.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2024)
2024 		(Dec 31 2023) (Dec 31 2022) (Dec 31 2021) (Dec 31 2020)
Revenues
Service Revenue0.00
Revenue From Rendering Of Services552.52
Total Revenue552.52
Costs & Expenses
Cost of Goods and Services Sold394.69
Gross Profit0.00
Selling, Administration, Marketing0.00
Depreciation & Amortization20.76
Research and Development Expense0.00
Restructuring, Accretion & Impairment Charges0.00
OtherOperating Income Expense61.24
Total operating costs including COS0.00
Operating income / -loss0.00
Net Interest Expense / -Income0.00
Other loss / -income0.00
Total costs & expenses0.00
Income & Taxes
Income / -loss before income taxes54.62
Income taxes expenses / -benefit11.33
Income after income taxes43.29
Net income / -loss of other equity0.00
Income / -loss from continuing operations43.29
Non-controlling interests6.29
Preferred dividends0.00
Net income / -loss43.29
Income / -loss to shareholder36.88
EBIT54.62
EBITD54.62
EBITDA54.62
Earnings Per Share
Basic EPS (excl. extra items)0.75
Extraordinary items0.00
Basic Net EPS0.75
Basic shares outstanding (Mill. of Units)49.10
Diluted Net EPS0.75
Diluted average shares (Mill. of Units)49.10
Dividend per share0.00
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About MGIC Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.