MGIC Q3 2021 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q3 2021 Earnings

Technology Information Technology Services

Income Statement

Revenue

$121M+27.4% YoY

Gross Profit

$33M27.0% margin

Operating Income

$12M10.0% margin

Net Income

$7M6.2% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$155,000

Balance Sheet

Total Assets

$471M

Total Liabilities

$177M

Stockholders' Equity

$260M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$95M	+27.4%
Gross Profit	$33M	$29M	+12.1%
Operating Income	$12M	$11M	+9.2%
Net Income	$7M	$7M	+5.8%