Magic Software Enterprises (MGIC) Accumulated Expenses: 2012-2024
- Magic Software Enterprises' Accumulated Expenses rose 40.29% to $58.2 million in Q4 2024 from the same period last year, while for Dec 2024 it was $58.2 million, marking a year-over-year increase of 40.29%. This contributed to the annual value of $58.2 million for FY2024, which is 40.29% up from last year.
- Per Magic Software Enterprises' latest filing, its Accumulated Expenses stood at $58.2 million for Q4 2024, which was up 40.29% from $41.5 million recorded in Q4 2023.
- Over the past 5 years, Magic Software Enterprises' Accumulated Expenses peaked at $58.2 million during Q4 2024, and registered a low of $28.6 million during Q4 2020.
- Over the past 3 years, Magic Software Enterprises' median Accumulated Expenses value was $46.8 million (recorded in 2022), while the average stood at $48.8 million.
- Its Accumulated Expenses has fluctuated over the past 5 years, first surged by 57.87% in 2021, then dropped by 11.42% in 2023.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Accumulated Expenses stood at $28.6 million in 2020, then spiked by 57.87% to $45.1 million in 2021, then climbed by 3.88% to $46.8 million in 2022, then decreased by 11.42% to $41.5 million in 2023, then surged by 40.29% to $58.2 million in 2024.
- Its Accumulated Expenses stands at $58.2 million for Q4 2024, versus $41.5 million for Q4 2023 and $46.8 million for Q4 2022.
