Magic Software Enterprises (MGIC) Income towards Parent Company: 2009-2024

Historic Income towards Parent Company for Magic Software Enterprises (MGIC) over the last 16 years, with Dec 2024 value amounting to $36.9 million.

  • 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.
  • Latest data reveals that Magic Software Enterprises reported Income towards Parent Company of $36.9 million as of FY2024, which was down 0.40% from $37.0 million recorded in FY2023.
  • Magic Software Enterprises' 5-year Income towards Parent Company high stood at $40.5 million for FY2022, and its period low was $28.5 million during FY2020.
  • Its 3-year average for Income towards Parent Company is $38.1 million, with a median of $37.0 million in 2023.
  • Its Income towards Parent Company has fluctuated over the past 5 years, first skyrocketed by 35.96% in 2022, then fell by 8.50% in 2023.
  • Yearly analysis of 5 years shows Magic Software Enterprises' Income towards Parent Company stood at $28.5 million in 2020, then rose by 4.57% to $29.8 million in 2021, then surged by 35.96% to $40.5 million in 2022, then declined by 8.50% to $37.0 million in 2023, then decreased by 0.40% to $36.9 million in 2024.