Magic Software Enterprises (MGIC) Accumulated Expenses (2016 - 2024)
Magic Software Enterprises' Accumulated Expenses history spans 12 years, with the latest figure at $58.2 million for Q4 2024.
- For Q4 2024, Accumulated Expenses rose 40.29% year-over-year to $58.2 million; the TTM value through Dec 2024 reached $58.2 million, up 40.29%, while the annual FY2024 figure was $58.2 million, 40.29% up from the prior year.
- Accumulated Expenses reached $58.2 million in Q4 2024 per MGIC's latest filing, up from $41.5 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $58.2 million in Q4 2024 to a low of $28.6 million in Q4 2020.
- Average Accumulated Expenses over 5 years is $44.0 million, with a median of $45.1 million recorded in 2021.
- Peak YoY movement for Accumulated Expenses: surged 57.87% in 2021, then dropped 11.42% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $28.6 million in 2020, then soared by 57.87% to $45.1 million in 2021, then grew by 3.88% to $46.8 million in 2022, then fell by 11.42% to $41.5 million in 2023, then skyrocketed by 40.29% to $58.2 million in 2024.
- Per Business Quant, the three most recent readings for MGIC's Accumulated Expenses are $58.2 million (Q4 2024), $41.5 million (Q4 2023), and $46.8 million (Q4 2022).