MGIC FY 2022 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

FY 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$567M+18.0% YoY

Gross Profit

$155M27.4% margin

Operating Income

$61M10.8% margin

Net Income

$40M7.1% margin

EPS (Diluted)

$0.82

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$52M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$511M

Total Liabilities

$206M

Stockholders' Equity

$264M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$567M	$480M	+18.0%
Gross Profit	$155M	$133M	+16.8%
Operating Income	$61M	$51M	+19.8%
Net Income	$40M	$30M	+36.0%