Magic Software Enterprises (RMTHF) Acquisitions (2016 - 2024)
Magic Software Enterprises (RMTHF) reported Acquisitions of -$4.9 million for Q4 2024, down 113.96% on a YoY basis from $35.4 million in Q1 2024, and down 283.15% quarter-over-quarter from $2.7 million in Q3 2024.
Magic Software Enterprises (RMTHF) Acquisitions (2016 - 2024) Analysis & Trends
Magic Software Enterprises has reported Acquisitions for 9 years, with the latest figure at -$4.9 million in Q4 2024.
- For the quarter ending Q4 2024, Acquisitions fell 113.96% year-over-year to -$4.9 million; the trailing twelve-month figure through Sep 2025 stood at -$12.2 million (down 24.14% YoY), and the FY2024 full-year result was -$12.5 million, up 30.2% from the prior year.
- Acquisitions for Q4 2024 stood at -$4.9 million, down from $2.7 million in the prior quarter.
- The five-year high for Acquisitions was $19.7 million in Q4 2020, with the low at -$11.7 million in Q3 2020.
- Historically, Acquisitions has averaged -$2.9 million across 5 years, with a median of -$2.3 million in 2023.
- Annual changes were most pronounced in 2022 — Acquisitions slumped 483.98% — and 2024, when it soared 97.55%.
- Magic Software Enterprises' Acquisitions stood at $19.7 million in 2020, then sank by 90.58% to $1.9 million in 2021, then slipped by 21.96% to $1.4 million in 2022, then tumbled by 259.54% to -$2.3 million in 2023, then sank by 113.96% to -$4.9 million in 2024.
- The last three Acquisitions figures came in at -$4.9 million (Q4 2024), $2.7 million (Q3 2024), and -$10.0 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 10.47 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 1.59 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 730.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 7.86 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 65.20 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 2.34 Bn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -4.94 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | -10.00 Mn |
| Mar 31, 2024 | -249,000.00 |
| Dec 31, 2023 | -2.31 Mn |
| Jun 30, 2023 | -5.43 Mn |
| Mar 31, 2023 | -10.15 Mn |
| Dec 31, 2022 | 1.45 Mn |
| Sep 30, 2022 | -10.83 Mn |
| Jun 30, 2022 | -1.33 Mn |
| Mar 31, 2022 | -10.96 Mn |
| Dec 31, 2021 | 1.85 Mn |
| Sep 30, 2021 | -1.85 Mn |
| Dec 31, 2020 | 19.68 Mn |
| Sep 30, 2020 | -11.70 Mn |
| Jun 30, 2020 | -4.11 Mn |
| Mar 31, 2020 | -727,000.00 |
| Dec 31, 2019 | 43.49 Mn |
| Sep 30, 2019 | -12.71 Mn |
| Jun 30, 2019 | -1.65 Mn |