Magic Software Enterprises (MGIC) Current Deferred Revenue: 2010-2024
Historic Current Deferred Revenue for Magic Software Enterprises (MGIC) over the last 15 years, with Dec 2024 value amounting to $21.0 million.
- 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.
- Per Magic Software Enterprises' latest filing, its Current Deferred Revenue stood at $21.0 million for FY2024, which was up 55.36% from $13.5 million recorded in FY2023.
- Over the past 5 years, Magic Software Enterprises' Current Deferred Revenue peaked at $21.0 million during FY2024, and registered a low of $8.8 million during FY2020.
- Over the past 3 years, Magic Software Enterprises' median Current Deferred Revenue value was $13.5 million (recorded in 2023), while the average stood at $14.8 million.
- Per our database at Business Quant, Magic Software Enterprises' Current Deferred Revenue declined by 8.94% in 2022 and then soared by 55.36% in 2024.
- Magic Software Enterprises' Current Deferred Revenue (Yearly) stood at $8.8 million in 2020, then increased by 22.50% to $10.8 million in 2021, then fell by 8.94% to $9.8 million in 2022, then soared by 38.02% to $13.5 million in 2023, then spiked by 55.36% to $21.0 million in 2024.