Magic Software Enterprises (RMTHF) Tax Provisions (2009 - 2025)
Magic Software Enterprises (RMTHF) reported Tax Provisions of $3.46 million for Q3 2025, up 5.8% from $3.27 million a year earlier and up 4.2% from the prior quarter.
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Analysis
Magic Software Enterprises (RMTHF) Tax Provisions (2009 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Magic Software Enterprises' Tax Provisions came in at $11.99 million, up 11.3% year-over-year; for FY2024, it came in at $11.33 million, up 14.0% from FY2023.
- Tax Provisions has a five-year compound annual growth rate of 10.5% (FY2019 to FY2024).
- By year, Tax Provisions came in at $9.93 million in FY2023 (-10.8%), $11.14 million in FY2022 (+8.4%), $10.28 million in FY2021 (+41.1%) and $7.29 million in FY2020 (+6.0%).
- The Q3 2025 figure ranks as the highest quarterly Tax Provisions since Q2 2022.
- Year over year, Tax Provisions has now increased in each of the last six quarters, with growth averaging 9.9% over the last eight quarters.
- The high point for year-over-year Tax Provisions in five years was Q4 2021 (growth of 203.3%); the low point was Q4 2022 (a decline of 47.8%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $3.32 million (Q2 2025), $2.91 million (Q1 2025) and $2.29 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.27 Bn | 418.33 Bn | 1.64 Bn | 15.38 Mn |
| 2 | Oracle | 417.01 Bn | 289.56 Bn | - | 847.00 Mn |
| 3 | Sap Se | 258.97 Bn | 180.05 Bn | 8.40 Bn | -926.40 Mn |
| 4 | Salesforce | 185.51 Bn | 141.38 Bn | 8.70 Bn | 1.03 Bn |
| 5 | ServiceNow | 134.41 Bn | 112.87 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 279.20 Mn |
| 7 | Intuit | 71.93 Bn | 51.28 Bn | 3.44 Bn | 177.00 Mn |
| 8 | Relx | 60.47 Bn | 57.43 Bn | - | - |
| 9 | Strategy | 54.44 Bn | 47.43 Bn | 81.55 Mn | 1.56 Mn |
| 10 | Magic Software Enterprises | 1.50 Bn | 1.12 Bn | 44.21 Mn | 3.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.46 Mn |
| Jun 30, 2025 | 3.32 Mn |
| Mar 31, 2025 | 2.91 Mn |
| Dec 31, 2024 | 2.29 Mn |
| Sep 30, 2024 | 3.27 Mn |
| Jun 30, 2024 | 3.04 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Dec 31, 2023 | 1.72 Mn |
| Sep 30, 2023 | 2.94 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 2.81 Mn |
| Dec 31, 2022 | 1.87 Mn |
| Sep 30, 2022 | 2.46 Mn |
| Jun 30, 2022 | 3.61 Mn |
| Mar 31, 2022 | 3.21 Mn |
| Dec 31, 2021 | 3.57 Mn |
| Sep 30, 2021 | 2.21 Mn |
| Jun 30, 2021 | 2.30 Mn |
| Mar 31, 2021 | 2.27 Mn |
| Dec 31, 2020 | 1.18 Mn |
API Access
Magic Software Enterprises Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=RMTHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "RMTHF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=RMTHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();