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
DateValue
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