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

Historic Operating Leases for Magic Software Enterprises (MGIC) over the last 6 years, with Dec 2024 value amounting to $22.0 million.

  • 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.
  • According to the latest figures from FY2024, Magic Software Enterprises' Operating Leases is $22.0 million, which was down 4.59% from $23.1 million recorded in FY2023.
  • Over the past 5 years, Magic Software Enterprises' Operating Leases peaked at $24.3 million during FY2022, and registered a low of $21.1 million during FY2020.
  • Over the past 3 years, Magic Software Enterprises' median Operating Leases value was $23.1 million (recorded in 2023), while the average stood at $23.1 million.
  • Per our database at Business Quant, Magic Software Enterprises' Operating Leases spiked by 89.85% in 2020 and then dropped by 4.86% in 2023.
  • Over the past 5 years, Magic Software Enterprises' Operating Leases (Yearly) stood at $21.1 million in 2020, then rose by 3.78% to $21.9 million in 2021, then rose by 10.84% to $24.3 million in 2022, then dropped by 4.86% to $23.1 million in 2023, then decreased by 4.59% to $22.0 million in 2024.