MGIC Q3 2022 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q3 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$144M+19.1% YoY

Gross Profit

$39M27.3% margin

Operating Income

$16M11.2% margin

Net Income

$12M8.1% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$21M

Stock-Based Comp.

$70,000

Balance Sheet

Total Assets

$496M

Total Liabilities

$207M

Stockholders' Equity

$252M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$121M	+19.1%
Gross Profit	$39M	$33M	+20.6%
Operating Income	$16M	$12M	+33.7%
Net Income	$12M	$7M	+55.6%