Magic Software Enterprises Ltd Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 55.35M88.58M113.33M126.38M144.96M164.30M176.03M201.65M258.14M284.38M325.63M371.19M480.32M566.79M535.05M552.52M
Cost of Revenue 26.26M51.45M67.26M73.39M85.89M99.73M113.22M133.38M175.16M195.56M223.50M261.60M347.33M411.44M382.06M394.69M
Gross Profit 29.09M37.13M46.07M52.99M59.06M64.58M62.81M68.26M82.98M88.82M102.13M109.59M132.99M155.35M152.99M157.83M
Operating items
Research & Development 18.69M44.06M59.24M62.72M76.30M89.16M7.84M5.84M6.94M5.70M8.24M8.79M8.99M10.09M10.33M13.31M
Selling, General & Administrative 8.21M8.19M9.16M10.64M13.17M14.52M13.43M17.56M22.84M24.27M29.53M27.97M31.22M37.55M40.81M42.01M
Other Operating Expenses -4.04M-24.46M-37.04M17.21M17.10M-59.83M20.11M23.78M202.41M222.72M254.21M293.85M52.12M61.76M57.11M61.24M
Operating Expenses 22.86M27.79M31.35M36.58M39.94M43.85M41.38M47.18M232.18M252.68M291.98M330.61M429.09M47.64M51.14M55.32M
Operating Income 6.23M9.34M14.72M16.41M19.13M20.73M21.43M21.09M25.96M31.70M33.65M40.59M51.23M107.71M101.85M102.51M
EBIT 6.23M9.34M14.72M16.41M19.13M20.73M21.43M21.09M25.96M31.70M33.65M40.59M51.23M107.71M101.85M102.51M
Non-operating items
Interest & Investment Income 0.11M1.39M4.90M3.16M
Other Non Operating Income 0.04M0.16M0.12M0.14M-0.01M-0.07M0.01M-0.23M0.07M0.04M3.69M3.60M4.33M5.94M
Non Operating Income 0.24M-0.22M0.22M0.14M-0.68M-1.79M0.69M-0.17M0.05M0.45M-1.17M-0.92M-3.80M-4.99M
Net income details
EBT 6.51M9.27M15.06M16.55M18.43M18.87M20.76M20.66M24.25M31.85M32.47M37.40M45.62M57.42M52.44M54.62M
Tax Provisions 0.33M-0.10M1.45M0.09M1.57M2.31M3.68M4.78M7.44M7.07M8.90M8.94M10.28M11.14M9.93M11.33M
Profit After Tax 6.18M9.38M15.27M16.46M16.86M16.57M17.08M16.71M17.91M24.78M25.60M30.12M35.34M46.28M42.50M43.29M
Equity Income -0.06M-0.38M
Net Income - Minority -0.47M-0.33M-0.99M-2.66M-2.10M-0.42M-3.28M
Income from Non-Controlling Interests 0.22M0.18M0.55M0.62M0.64M2.26M1.54M3.38M9.90M-6.62M5.57M5.81M5.47M6.41M
Income from Continuing Operations 6.18M9.38M13.62M16.46M16.86M16.57M17.08M15.88M16.81M24.78M23.57M28.47M35.34M46.28M42.50M43.29M
Consolidated Net Income 6.18M9.38M13.62M16.46M16.86M16.57M17.08M15.88M16.81M24.78M23.57M28.47M35.34M46.28M42.50M43.29M
Income towards Parent Company 6.18M9.38M13.15M16.13M15.87M13.91M14.98M15.45M13.52M24.78M23.57M28.47M29.77M40.47M37.03M36.88M
Net Income towards Common Stockholders 6.18M9.38M13.15M16.13M15.87M13.91M14.98M15.45M13.52M24.78M20.27M25.19M29.32M40.47M37.03M36.88M
Additional items
EPS (Basic) 0.190.290.410.440.430.360.370.270.350.390.260.490.610.820.750.75
EPS (Weighted Average and Diluted) 0.190.290.410.430.360.360.270.350.820.750.75
Shares Outstanding (Weighted Average) 31.89M35.91M36.49M36.49M37.16M37.16M44.17M44.34M44.36M44.49M48.86M48.94M49.06M49.09M49.10M49.10M
Interest Expenses 3.80M4.99M9.23M9.10M
Tax Rate 5.13%9.61%0.57%8.55%12.22%17.73%23.15%30.68%22.20%27.41%23.89%22.53%19.40%18.94%20.74%