Magic Software Enterprises (MGIC) Beginning Cash Balance: 2010-2024
- Magic Software Enterprises' Beginning Cash Balance rose 6.45% to $112.8 million in Q4 2024 from the same period last year, while for Dec 2024 it was $112.8 million, marking a year-over-year increase of 6.45%. This contributed to the annual value of $105.9 million for FY2024, which is 27.55% up from last year.
- Latest data reveals that Magic Software Enterprises reported Beginning Cash Balance of $112.8 million as of Q4 2024, which was up 6.45% from $105.9 million recorded in Q4 2023.
- Over the past 5 years, Magic Software Enterprises' Beginning Cash Balance peaked at $112.8 million during Q4 2024, and registered a low of $83.1 million during Q4 2022.
- Its 3-year average for Beginning Cash Balance is $100.6 million, with a median of $105.9 million in 2023.
- Its Beginning Cash Balance has fluctuated over the past 5 years, first fell by 5.71% in 2022, then increased by 27.55% in 2023.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Beginning Cash Balance stood at $88.1 million in 2020, then decreased by 0.04% to $88.1 million in 2021, then dropped by 5.71% to $83.1 million in 2022, then climbed by 27.55% to $105.9 million in 2023, then rose by 6.45% to $112.8 million in 2024.
- Its last three reported values are $112.8 million in Q4 2024, $105.9 million for Q4 2023, and $83.1 million during Q4 2022.
