Magic Software Enterprises (RMTHF) Minority Interest (2011 - 2023)
Magic Software Enterprises (RMTHF) reported Minority Interest of -$3.6 million for Q2 2023, down 112.85% on a YoY basis from $28.4 million in Q2 2022, and down 112.93% quarter-over-quarter from $28.2 million in Q4 2022.
Magic Software Enterprises (RMTHF) Minority Interest (2011 - 2023) Analysis & Trends
Magic Software Enterprises has reported Minority Interest for 13 years, with the latest figure at -$3.6 million in Q2 2023.
- For the quarter ending Q2 2023, Minority Interest fell 112.85% year-over-year to -$3.6 million; the trailing twelve-month figure through Jun 2023 stood at -$3.6 million (down 112.85% YoY), and the FY2022 full-year result was $28.2 million, up 901.48% from the prior year.
- Minority Interest for Q2 2023 stood at -$3.6 million, down from $28.2 million in the prior quarter.
- The five-year high for Minority Interest was $27.3 billion in Q3 2022, with the low at -$3.6 million in Q2 2023.
- Historically, Minority Interest has averaged $1.7 billion across 5 years, with a median of $25.0 million in 2020.
- Annual changes were most pronounced in 2021 — Minority Interest plunged 114.08% — and 2022, when it jumped 109169.8%.
- Magic Software Enterprises' Minority Interest stood at $21.9 million in 2019, then gained by 13.99% to $25.0 million in 2020, then sank by 114.08% to -$3.5 million in 2021, then soared by 901.48% to $28.2 million in 2022, then tumbled by 112.93% to -$3.6 million in 2023.
- The last three Minority Interest figures came in at -$3.6 million (Q2 2023), $28.2 million (Q4 2022), and $27.3 billion (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn |
| 10 | Magic Software Enterprises | - | - | 45.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -3.64 Mn |
| Dec 31, 2022 | 28.19 Mn |
| Sep 30, 2022 | 27.27 Bn |
| Jun 30, 2022 | 28.37 Mn |
| Mar 31, 2022 | 29.13 Mn |
| Dec 31, 2021 | -3.52 Mn |
| Sep 30, 2021 | 24.95 Mn |
| Jun 30, 2021 | 25.59 Mn |
| Mar 31, 2021 | 24.81 Mn |
| Dec 31, 2020 | 24.98 Mn |
| Sep 30, 2020 | 16.59 Mn |
| Jun 30, 2020 | 12.42 Mn |
| Mar 31, 2020 | 11.86 Mn |
| Dec 31, 2019 | 21.92 Mn |
| Jun 30, 2019 | 29.32 Mn |
| Mar 31, 2019 | 27.84 Mn |
| Dec 31, 2018 | 4.41 Mn |
| Sep 30, 2018 | 25.86 Mn |
| Jun 30, 2018 | 25.62 Mn |
| Mar 31, 2018 | 26.25 Mn |