MGIC Q1 2022 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$139M+29.3% YoY

Gross Profit

$38M27.1% margin

Operating Income

$16M11.5% margin

Net Income

$10M7.0% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$70,000

Balance Sheet

Total Assets

$541M

Total Liabilities

$239M

Stockholders' Equity

$262M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$139M	$107M	+29.3%
Gross Profit	$38M	$30M	+24.5%
Operating Income	$16M	$12M	+30.6%
Net Income	$10M	$8M	+28.8%