Magic Software Enterprises (MGIC) Beginning Cash Balance: 2009-2024
Historic Beginning Cash Balance for Magic Software Enterprises (MGIC) over the last 16 years, with Dec 2024 value amounting to $105.9 million.
- 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.
- According to the latest figures from FY2024, Magic Software Enterprises' Beginning Cash Balance is $105.9 million, which was up 27.55% from $83.1 million recorded in FY2023.
- Over the past 5 years, Magic Software Enterprises' Beginning Cash Balance peaked at $105.9 million during FY2024, and registered a low of $81.9 million during FY2020.
- For the 3-year period, Magic Software Enterprises' Beginning Cash Balance averaged around $92.4 million, with its median value being $88.1 million (2022).
- Per our database at Business Quant, Magic Software Enterprises' Beginning Cash Balance dropped by 5.98% in 2020 and then grew by 27.55% in 2024.
- Magic Software Enterprises' Beginning Cash Balance (Yearly) stood at $81.9 million in 2020, then rose by 7.58% to $88.1 million in 2021, then dropped by 0.04% to $88.1 million in 2022, then fell by 5.71% to $83.1 million in 2023, then rose by 27.55% to $105.9 million in 2024.