Magic Software Enterprises Ltd. (MGIC)

USD 12.19

(-2.32%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 535.05 Million 566.79 Million 480.32 Million 371.19 Million 325.63 Million 284.37 Million
Cost of Revenue 390.06 Million 411.43 Million 347.33 Million 261.6 Million 223.5 Million 195.55 Million
Gross Profit 144.98 Million 155.35 Million 132.99 Million 109.59 Million 102.12 Million 88.81 Million
Operating Expenses 95.87 Million 94.03 Million 79.25 Million 67.91 Million 68.47 Million 57.12 Million
Selling, General and Administrative Expenses 77.3 Million 83.94 Million 70.25 Million 59.12 Million 60.23 Million 51.42 Million
Research and Development Expenses 10.32 Million 10.09 Million 8.99 Million 8.78 Million 8.23 Million 5.69 Million
Other Expenses 240 Thousand - - - - -
Cost and Expenses 477.94 Million 505.47 Million 426.58 Million 329.51 Million 291.97 Million 252.67 Million
Operating Income 57.1 Million 61.37 Million 51.23 Million 40.58 Million 33.65 Million 31.69 Million
Interest Expense 9.22 Million 3.66 Million 3.15 Million 917 Thousand 385 Thousand 990 Thousand
Income Tax Expense 9.93 Million 11.19 Million 10.35 Million 7.28 Million 6.87 Million 7.07 Million
Earnings before Tax 52.43 Million 57.71 Million 45.26 Million 37.4 Million 32.47 Million 31.84 Million
Net Income 37.03 Million 40.47 Million 29.76 Million 25.18 Million 20.26 Million 19.88 Million
Earnings Per Share Basic 0.75 0.82 0.61 0.49 0.41 0.43
Earnings Per Share Diluted 0.75 0.82 0.61 0.49 0.41 0.42
Weighted Average Shares Outstanding 49.09 Million 49.08 Million 49.05 Million 49.02 Million 48.89 Million 46.66 Million
Weighted Average Shares Outstanding (Diluted) 49.09 Million 49.13 Million 49.1 Million 49.04 Million 48.99 Million 46.79 Million
Gross Margin 0.27 0.27 0.28 0.30 0.31 0.31
EBIT Margin 0.15 0.14 0.14 0.15 0.15 0.16
Profit Margin 0.07 0.07 0.06 0.07 0.06 0.07
EBITDA 77.9 Million 82.2 Million 74.46 Million 55.61 Million 47.93 Million 44.22 Million
Earnings Before Tax Margin 0.11 0.11 0.11 0.11 0.10 0.11

Income Statement Charts