MGIC Q1 2021 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q1 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$107M+25.9% YoY

Gross Profit

$30M28.1% margin

Operating Income

$12M11.4% margin

Net Income

$8M7.0% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$15M

Stock-Based Comp.

$491,000

Balance Sheet

Total Assets

$455M

Total Liabilities

$167M

Stockholders' Equity

$254M

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$107M	$85M	+25.9%
Gross Profit	$30M	$25M	+19.8%
Operating Income	$12M	$9M	+39.6%
Net Income	$8M	$6M	+28.9%