Company research
MAGIC SOFTWARE ENTERPRISES LTD
CIK 876779Updated Sep 24, 2026
Securities
Historical securities (1)
MGIC · NASDAQ · equity · closed Feb 23, 2026MGIC price & chart
Historical security
This listing closed Feb 23, 2026. Live provider charts are shown only for current listings.
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Recent filings
Financials
FY 2024 · USDSource
Source
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossUSD | 43,291,000Source | 42,502,000Source | 46,279,000Source | 34,904,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 956,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | -3,611,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | 37,810,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 6,832,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | -16,854,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 1,439,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | -20,735,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | 21,780,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | -37,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | — | — | — | 13,050,000Source |
| Additional Financial Items | ||||
| AdjustmentsForCurrentTaxOfPriorPeriodUSD | — | 534,000Source | -1,078Source | — |
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableUSD | -4,583,000Source | — | — | — |
| AdjustmentsForDeferredTaxOfPriorPeriodsUSD | 513,000Source | — | — | — |
| AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD | 510,000Source | 858,000Source | 139,000Source | — |
| AdjustmentsForSharebasedPaymentsUSD | 1,607,000Source | 3,798,000Source | 2,079,000Source | — |
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | 956,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | 13,056,000Source |
| DepreciationUSD | — | — | — | 1,796,000Source |
| Other Depreciation and AmortizationUSD | — | — | — | 14,852,000Source |
| General and Administrative ExpenseUSD | 42,009,000Source | 40,811,000Source | 37,552,000Source | 32,110,000Source |
| GoodwillUSD | 172,515,000Source | 166,065,000Source | 158,699,000Source | 146,803,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | 10,359,000Source |
| InterestPaidClassifiedAsOperatingActivitiesUSD | 5,550,000Source | 3,208,000Source | 1,306,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | 29,332,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 2,055,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 29,322,000Source |
| Nonoperating Income (Expense)USD | — | — | — | -3,155,000Source |
| Operating Costs and ExpensesUSD | — | — | — | 81,759,000Source |
| Operating Lease, Lease IncomeUSD | — | — | — | 4,352,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | 6,029,000Source | 5,690,000Source | 4,792,000Source | — |
| ProceedsFromBorrowingsClassifiedAsFinancingActivitiesUSD | 12,603,000Source | 49,465,000Source | 30,703,000Source | — |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 25,558,000Source |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD | 45,000Source | 54,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 41,000Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD | — | — | 219,000Source | — |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD | 33,695,000Source | 20,994,000Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | 8,002,000Source | 8,169,000Source | — |
| Operating Income (Loss)USD | — | — | — | 51,235,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | 45,263,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | 10,359,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 2,055,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | 29,332,000Source |
| Earnings Per Share, BasicUSD per share | — | — | — | 0.52Source |
| Total RevenueUSD | 552,520,000Source | 535,052,000Source | 566,792,000Source | 480,325,000Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 49,055,082Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 49,100,054Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | — | 13,056,000Source |
| AverageEffectiveTaxRatenumber | 0.9Source | 0.9Source | — | — |
| BasicEarningsLossPerShareUSD per share | 0.75Source | 0.75Source | 0.82Source | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | 13,970,000Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossUSD | 587,000Source | 2,764,000Source | — | — |
| DepreciationAndAmortisationExpenseUSD | 20,762,000Source | 20,553,000Source | 19,795,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 14,852,000Source |
| DilutedEarningsLossPerShareUSD per share | 0.75Source | 0.75Source | — | — |
| ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsedUSD | 38,000Source | 62,000Source | 109,000Source | — |
| ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilitiesUSD | 3,536,000Source | 2,872,000Source | 2,753,000Source | — |
| FinanceCostsUSD | 9,103,000Source | 9,227,000Source | 5,737,000Source | — |
| FinanceIncomeUSD | 3,163,000Source | 4,901,000Source | 1,392,000Source | — |
| General and Administrative ExpenseUSD | 42,009,000Source | 40,811,000Source | 37,552,000Source | 32,110,000Source |
| Gross ProfitUSD | 157,827,000Source | 152,987,000Source | 155,355,000Source | 132,994,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | 32,714,000Source |
| IncomeTaxExpenseContinuingOperationsUSD | 11,328,000Source | 9,934,000Source | 11,138,000Source | — |
| InterestExpenseUSD | 491,283,000Source | 477,944,000Source | — | — |
| InterestExpenseOnLeaseLiabilitiesUSD | 1,116,000Source | 964,000Source | 691,000Source | — |
| Interest Income (Expense), NetUSD | — | — | — | -844,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 29,322,000Source |
| Nonoperating Income (Expense)USD | — | — | — | -3,155,000Source |
| Operating Costs and ExpensesUSD | — | — | — | 81,759,000Source |
| Operating Lease, Lease IncomeUSD | — | — | — | 4,352,000Source |
| OtherIncomeUSD | — | 3,735,000Source | — | — |
| OtherOperatingIncomeExpenseUSD | 61,237,000Source | 57,108,000Source | 61,762,000Source | — |
| PostemploymentBenefitExpenseDefinedContributionPlansUSD | 5,444,000Source | 5,464,000Source | — | — |
| ProfitLossAttributableToNoncontrollingInterestsUSD | 6,408,000Source | 5,471,000Source | 5,809,000Source | — |
| ProfitLossAttributableToOwnersOfParentUSD | 36,883,000Source | 37,031,000Source | 40,470,000Source | — |
| ProfitLossBeforeTaxUSD | 54,619,000Source | 52,436,000Source | — | — |
| Research and Development ExpenseUSD | 13,310,000Source | 10,328,000Source | 10,090,000Source | 8,995,000Source |
| Selling and Marketing ExpenseUSD | — | — | — | 38,147,000Source |
| ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethodUSD | -376,000Source | -56,000Source | — | — |
| TaxRateEffectOfForeignTaxRatesnumber | 0.23Source | 0.23Source | — | — |