Magic Software Enterprises (RMTHF) Other Operating Expenses (2009 - 2024)

Magic Software Enterprises (RMTHF) reported Other Operating Expenses of $10.8 million for Q2 2024, down 96.47% quarter-over-quarter from $306.0 million in Q1 2024.

Magic Software Enterprises (RMTHF) Other Operating Expenses (2009 - 2024) Analysis & Trends

Magic Software Enterprises has reported Other Operating Expenses for 8 years, with the latest figure at $10.8 million in Q2 2024.

  • For the quarter ending Q2 2024, Other Operating Expenses changed N/A year-over-year to $10.8 million; the trailing twelve-month figure through Mar 2025 stood at $10.8 million (down 99.49% YoY), and the FY2024 full-year result was $61.2 million, up 7.23% from the prior year.
  • Other Operating Expenses for Q2 2024 stood at $10.8 million, down from $306.0 million in the prior quarter.
  • The five-year high for Other Operating Expenses was $1.8 billion in Q4 2023, with the low at -$423.0 million in Q2 2022.
  • Historically, Other Operating Expenses has averaged $243.9 million across 5 years, with a median of $10.8 million in 2024.
  • Annual changes were most pronounced in 2021 — Other Operating Expenses jumped 3655.88% — and 2022, when it tumbled 26918.18%.
  • Magic Software Enterprises' Other Operating Expenses stood at $1.1 million in 2020, then jumped by 3655.88% to $40.9 million in 2021, then soared by 2949.14% to $1.2 billion in 2022, then surged by 46.47% to $1.8 billion in 2023, then slumped by 99.41% to $10.8 million in 2024.
  • The last three Other Operating Expenses figures came in at $10.8 million (Q2 2024), $306.0 million (Q1 2024), and $1.8 billion (Q4 2023), 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, 2024 10.80 Mn
Mar 31, 2024 306.00 Mn
Dec 31, 2023 1.83 Bn
Mar 31, 2023 -165.00 Mn
Dec 31, 2022 1.25 Bn
Sep 30, 2022 -177.00 Mn
Jun 30, 2022 -423.00 Mn
Dec 31, 2021 40.86 Mn
Sep 30, 2021 660,000.00
Jun 30, 2021 18.00 Mn
Dec 31, 2020 1.09 Mn
Dec 31, 2016 499,000.00
Dec 31, 2014 -1.55 Mn
Dec 31, 2009 -4.04 Mn