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Magic Software Enterprises (MGIC) Accumulated Expenses: 2012-2024

Historic Accumulated Expenses for Magic Software Enterprises (MGIC) over the last 13 years, with Dec 2024 value amounting to $58.2 million.

  • 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.
  • Latest data reveals that Magic Software Enterprises reported Accumulated Expenses of $58.2 million as of FY2024, which was up 40.29% from $41.5 million recorded in FY2023.
  • In the past 5 years, Magic Software Enterprises' Accumulated Expenses ranged from a high of $58.2 million in FY2024 and a low of $28.6 million during FY2020.
  • 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.
  • As far as peak fluctuations go, Magic Software Enterprises' Accumulated Expenses soared by 57.87% in 2021, and later fell by 11.42% in 2023.
  • Yearly analysis of 5 years shows Magic Software Enterprises' Accumulated Expenses stood at $28.6 million in 2020, then soared by 57.87% to $45.1 million in 2021, then climbed by 3.88% to $46.8 million in 2022, then dropped by 11.42% to $41.5 million in 2023, then spiked by 40.29% to $58.2 million in 2024.