MGIC Q4 2024 Earnings — Magic Software Enterprises Ltd. Revenue & Financial Results | Market Cap Arena

MGICMagic Software Enterprises Ltd.

$853M

Q4 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$143M+13.6% YoY

Gross Profit

$42M29.4% margin

Operating Income

$17M11.7% margin

Net Income

$11M7.4% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$25M

Stock-Based Comp.

-$109,000

Balance Sheet

Total Assets

$540M

Total Liabilities

$239M

Stockholders' Equity

$277M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$126M	+13.6%
Gross Profit	$42M	$37M	+13.5%
Operating Income	$17M	$13M	+30.1%
Net Income	$11M	$8M	+25.2%