Magic Software Enterprises (MGIC) Operating Leases: 2019-2024

  • Magic Software Enterprises' Operating Leases fell 4.59% to $22.0 million in Q4 2024 from the same period last year, while for Dec 2024 it was $22.0 million, marking a year-over-year decrease of 4.59%. This contributed to the annual value of $22.0 million for FY2024, which is 4.59% down from last year.
  • Per Magic Software Enterprises' latest filing, its Operating Leases stood at $22.0 million for Q4 2024, which was down 4.59% from $23.1 million recorded in Q4 2023.
  • In the past 5 years, Magic Software Enterprises' Operating Leases ranged from a high of $24.3 million in Q4 2022 and a low of $21.1 million during Q4 2020.
  • Its 3-year average for Operating Leases is $23.1 million, with a median of $23.1 million in 2023.
  • In the last 5 years, Magic Software Enterprises' Operating Leases surged by 89.85% in 2020 and then dropped by 4.86% in 2023.
  • Quarterly analysis of 5 years shows Magic Software Enterprises' Operating Leases stood at $21.1 million in 2020, then grew by 3.78% to $21.9 million in 2021, then grew by 10.84% to $24.3 million in 2022, then fell by 4.86% to $23.1 million in 2023, then fell by 4.59% to $22.0 million in 2024.
  • Its Operating Leases stands at $22.0 million for Q4 2024, versus $23.1 million for Q4 2023 and $24.3 million for Q4 2022.