MGIC Q2 2021 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q2 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$119M+37.7% YoY

Gross Profit

$33M27.5% margin

Operating Income

$13M10.7% margin

Net Income

$8M6.5% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$156,000

Balance Sheet

Total Assets

$476M

Total Liabilities

$177M

Stockholders' Equity

$264M

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$87M	+37.7%
Gross Profit	$33M	$25M	+32.3%
Operating Income	$13M	$10M	+29.0%
Net Income	$8M	$6M	+35.6%