MGIC FY 2024 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

FY 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$553M+3.3% YoY

Gross Profit

$157M28.4% margin

Operating Income

$61M11.1% margin

Net Income

$37M6.7% margin

EPS (Diluted)

$0.75

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$73M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$540M

Total Liabilities

$239M

Stockholders' Equity

$277M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$553M	$535M	+3.3%
Gross Profit	$157M	$153M	+2.7%
Operating Income	$61M	$57M	+7.2%
Net Income	$37M	$37M	-0.4%