Magic Software Enterprises (MGIC) Current Deferred Revenue (2016 - 2024)
Magic Software Enterprises' Current Deferred Revenue history spans 15 years, with the latest figure at $21.0 million for Q4 2024.
- For Q4 2024, Current Deferred Revenue rose 55.36% year-over-year to $21.0 million; the TTM value through Dec 2024 reached $21.0 million, up 55.36%, while the annual FY2024 figure was $21.0 million, 55.36% up from the prior year.
- Current Deferred Revenue reached $21.0 million in Q4 2024 per MGIC's latest filing, up from $13.5 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $21.0 million in Q4 2024 to a low of $8.8 million in Q4 2020.
- Average Current Deferred Revenue over 5 years is $12.8 million, with a median of $10.8 million recorded in 2021.
- Peak YoY movement for Current Deferred Revenue: dropped 8.94% in 2022, then skyrocketed 55.36% in 2024.
- A 5-year view of Current Deferred Revenue shows it stood at $8.8 million in 2020, then increased by 22.5% to $10.8 million in 2021, then dropped by 8.94% to $9.8 million in 2022, then surged by 38.02% to $13.5 million in 2023, then surged by 55.36% to $21.0 million in 2024.
- Per Business Quant, the three most recent readings for MGIC's Current Deferred Revenue are $21.0 million (Q4 2024), $13.5 million (Q4 2023), and $9.8 million (Q4 2022).