Magic Software Enterprises (MGIC) Current Deferred Revenue: 2010-2024

  • Magic Software Enterprises' Current Deferred Revenue rose 55.36% to $21.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $21.0 million, marking a year-over-year increase of 55.36%. This contributed to the annual value of $21.0 million for FY2024, which is 55.36% up from last year.
  • According to the latest figures from Q4 2024, Magic Software Enterprises' Current Deferred Revenue is $21.0 million, which was up 55.36% from $13.5 million recorded in Q4 2023.
  • In the past 5 years, Magic Software Enterprises' Current Deferred Revenue ranged from a high of $21.0 million in Q4 2024 and a low of $8.8 million during Q4 2020.
  • For the 3-year period, Magic Software Enterprises' Current Deferred Revenue averaged around $14.8 million, with its median value being $13.5 million (2023).
  • Per our database at Business Quant, Magic Software Enterprises' Current Deferred Revenue dropped by 8.94% in 2022 and then skyrocketed by 55.36% in 2024.
  • Magic Software Enterprises' Current Deferred Revenue (Quarterly) stood at $8.8 million in 2020, then climbed by 22.50% to $10.8 million in 2021, then declined by 8.94% to $9.8 million in 2022, then soared by 38.02% to $13.5 million in 2023, then skyrocketed by 55.36% to $21.0 million in 2024.
  • Its last three reported values are $21.0 million in Q4 2024, $13.5 million for Q4 2023, and $9.8 million during Q4 2022.