Magic Software Enterprises (MGIC) Income towards Parent Company: 2011-2017
- Magic Software Enterprises' Income towards Parent Company fell 675.89% to -$3.3 million in Q4 2017 from the same period last year, while for Dec 2017 it was -$8.5 million, marking a year-over-year decrease of 37.21%. This contributed to the annual value of $36.9 million for FY2024, which is 0.40% down from last year.
- As of Q4 2017, Magic Software Enterprises' Income towards Parent Company stood at -$3.3 million, which was down 675.89% from -$423,000 recorded in Q4 2016.
- Magic Software Enterprises' 5-year Income towards Parent Company high stood at -$423,000 for Q4 2016, and its period low was -$3.3 million during Q4 2017.
- Its 3-year average for Income towards Parent Company is -$1.9 million, with a median of -$2.1 million in 2015.
- Per our database at Business Quant, Magic Software Enterprises' Income towards Parent Company soared by 79.84% in 2016 and then crashed by 675.89% in 2017.
- Quarterly analysis of 5 years shows Magic Software Enterprises' Income towards Parent Company stood at -$987,000 in 2013, then crashed by 169.40% to -$2.7 million in 2014, then grew by 21.10% to -$2.1 million in 2015, then surged by 79.84% to -$423,000 in 2016, then crashed by 675.89% to -$3.3 million in 2017.
- Its last three reported values are -$3.3 million in Q4 2017, -$423,000 for Q4 2016, and -$2.1 million during Q4 2015.
