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.
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 Comparison
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 |
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_KEY
import 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();