Magic Software Enterprises (MGIC) Retained Earnings (2016 - 2024)
Magic Software Enterprises' Retained Earnings history spans 15 years, with the latest figure at $107.8 million for Q4 2024.
- For Q4 2024, Retained Earnings rose 1145.2% year-over-year to $107.8 million; the TTM value through Dec 2024 reached $107.8 million, up 1145.2%, while the annual FY2024 figure was $107.8 million, 1145.2% up from the prior year.
- Retained Earnings reached $107.8 million in Q4 2024 per MGIC's latest filing, up from -$10.3 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $107.8 million in Q4 2024 to a low of -$10.3 million in Q4 2023.
- Average Retained Earnings over 5 years is $58.8 million, with a median of $70.7 million recorded in 2021.
- Peak YoY movement for Retained Earnings: skyrocketed 12359.26% in 2020, then tumbled 111.95% in 2023.
- A 5-year view of Retained Earnings shows it stood at $39.7 million in 2020, then soared by 77.9% to $70.7 million in 2021, then rose by 22.12% to $86.3 million in 2022, then plummeted by 111.95% to -$10.3 million in 2023, then soared by 1145.2% to $107.8 million in 2024.
- Per Business Quant, the three most recent readings for MGIC's Retained Earnings are $107.8 million (Q4 2024), -$10.3 million (Q4 2023), and $86.3 million (Q4 2022).