Magic Software Enterprises RMTHF

OTC RMTHF
$30.39 -1.53 (-4.79%)
At close: Oct 14, 2026 · 4:00 PM EDT

Magic Software Enterprises (RMTHF) stock price is $30.39, down 4.79% on the day, as of Oct 14, 2026. It is classified in the Business Process Automation industry (Technology sector).

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About

Magic Software Enterprises Ltd is a global provider of software services and IT outsourcing proprietary application development and business process integration platforms selected packaged vertical software solutions and cloud-based services for end-to-end digital transformation. Magic Software Enterprises Ltd generates revenue through software sales maintenance and technical support and consulting services serving corporate IT departments independent software vendors…

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Sector: Technology Sector rationale The company's primary revenue comes from designing and selling software products, including low-code application platforms (Magic xpa), integration platforms (Magic xpi), and cloud-based digital transformation services. It also operates a substantial IT outsourcing and consulting business, providing infrastructure design, software testing, and DevOps services, which falls under IT Services within the Technology sector. A secondary sector of Industrials is justified because the company provides professional consulting and outsourced business services to other businesses, which aligns with the 'Consulting' and 'Staffing' industries in the Industrials sector. Industries: +1 more Business Process Automation Business Process Automation Primary The company provides low-code application development and business process integration platforms, specifically Magic xpa and Magic xpi, which enable non-technical users to automate processes and build internal tools. This aligns with the Business Process Automation industry's focus on low-code/no-code platforms and workflow automation engines. IT Services IT Services Secondary The Software Services and IT Outsourcing segment generates revenue through infrastructure design, application development, technology consulting, and DevOps services, selling technology labor and expertise as a service. Healthcare IT Healthcare IT Secondary The company sells packaged vertical software solutions specifically for healthcare, including Clicks for medical record information management and Nativ for rehabilitation center management. Classified using BQ-MICS CIK: 0000876779

Geographical areas [axis] Breakdown of Revenue (2021)

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Segments [axis] Breakdown of Revenue (2021)

History
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Peer Comparison

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