MGIC Q4 2022 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q4 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$147M+10.6% YoY

Gross Profit

$42M28.4% margin

Operating Income

$15M10.2% margin

Net Income

$10M6.7% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$511M

Total Liabilities

$206M

Stockholders' Equity

$264M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$147M	$133M	+10.6%
Gross Profit	$42M	$37M	+11.9%
Operating Income	$15M	$14M	+4.8%
Net Income	$10M	$7M	+51.6%