MGIC Q2 2022 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q2 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$137M+15.0% YoY

Gross Profit

$37M26.7% margin

Operating Income

$15M10.8% margin

Net Income

$10M7.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$70,000

Balance Sheet

Total Assets

$494M

Total Liabilities

$199M

Stockholders' Equity

$257M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$119M	+15.0%
Gross Profit	$37M	$33M	+11.6%
Operating Income	$15M	$13M	+16.1%
Net Income	$10M	$8M	+22.8%