Magic Software Enterprises (RMTHF) Deferred Taxes (2016 - 2025)
Magic Software Enterprises (RMTHF) reported Deferred Taxes of $1.2 million for Q3 2025, up 386.7% on a YoY basis from $239161.9 in Q3 2024, and up 320.04% quarter-over-quarter from -$529000.0 in Q2 2025.
Magic Software Enterprises (RMTHF) Deferred Taxes (2016 - 2025) Analysis & Trends
Magic Software Enterprises has reported Deferred Taxes for 10 years, with the latest figure at $1.2 million in Q3 2025.
- For the quarter ending Q3 2025, Deferred Taxes rose 386.7% year-over-year to $1.2 million; the trailing twelve-month figure through Sep 2025 stood at $136000.0 (up 104.82% YoY), and the FY2024 full-year result was -$1.6 million, up 51.7% from the prior year.
- Deferred Taxes for Q3 2025 stood at $1.2 million, up from -$529000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $1.4 million in Q1 2023, with the low at -$3.6 million in Q2 2023.
- Historically, Deferred Taxes has averaged -$634263.2 across 5 years, with a median of -$605000.0 in 2022.
- Annual changes were most pronounced in 2021 — Deferred Taxes tumbled 554.09% — and 2025, when it soared 386.7%.
- Magic Software Enterprises' Deferred Taxes stood at -$651000.0 in 2021, then plunged by 96.77% to -$1.3 million in 2022, then soared by 33.02% to -$858000.0 in 2023, then soared by 146.74% to $401000.0 in 2024, then jumped by 190.27% to $1.2 million in 2025.
- The last three Deferred Taxes figures came in at $1.2 million (Q3 2025), -$529000.0 (Q2 2025), and -$900000.0 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | -3.76 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 97.68 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 111.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | -5.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | -5.40 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.30 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | -8.00 Mn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn | 1.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.16 Mn |
| Jun 30, 2025 | -529,000.00 |
| Mar 31, 2025 | -900,000.00 |
| Dec 31, 2024 | 401,000.00 |
| Sep 30, 2024 | -406,000.00 |
| Jun 30, 2024 | -805,000.00 |
| Mar 31, 2024 | -754,000.00 |
| Dec 31, 2023 | -858,000.00 |
| Sep 30, 2023 | -123,000.00 |
| Jun 30, 2023 | -3.61 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | -1.28 Mn |
| Sep 30, 2022 | -1.46 Mn |
| Jun 30, 2022 | -558,000.00 |
| Mar 31, 2022 | -605,000.00 |
| Dec 31, 2021 | -651,000.00 |
| Sep 30, 2021 | -1.84 Mn |
| Jun 30, 2021 | -301,000.00 |
| Mar 31, 2021 | -290,000.00 |
| Dec 31, 2020 | -1.27 Mn |