United States was Magic Software Enterprises’s largest region in fiscal 2021, bringing in $254.34M of $480.33M (53%).
| Geography | FY 2021 |
|---|---|
| United States | $254.34M |
| Il | $180.46M |
| Europe | $30.09M |
| Japan | $11.44M |
| Others | $3.99M |
| Total | $480.33M |
Magic Software Enterprises brought in $480.33M from its five regions in fiscal 2021, the year ended December 31, 2021. That is less than the $510.41M it reports by geography, so these regions do not cover all of its revenue. United States was the largest at $254.34M (53.0%), ahead of Il at $180.46M (37.6%) and Europe at $30.09M (6.3%). The other two regions brought in $15.44M combined.
It Professional Services was Magic Software Enterprises’s largest segment in fiscal 2021, bringing in $384.74M of $480.33M (80%).
| Segments [axis] | FY 2021 |
|---|---|
| It Professional Services | $384.74M |
| Software Services | $95.59M |
| Total | $480.33M |
Magic Software Enterprises brought in $480.33M from its two segments in fiscal 2021, the year ended December 31, 2021. That is less than the $510.41M it reports by geography, so these segments do not cover all of its revenue. It Professional Services was the largest at $384.74M (80.1%), ahead of Software Services at $95.59M (19.9%).
United States was Magic Software Enterprises’s largest region in fiscal 2021, bringing in $254.34M of $510.41M (50%).
| Geography | FY 2011 | FY 2013 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|---|---|
| United States | — | $158.10M | $177.88M | $254.34M | ||||
| Salesrevenuenet | — | — | — | — | ||||
| Israel | — | $124.52M | $149.09M | $180.46M | ||||
| Total Revenues | $9.80M | $25.79M | $26.95M | $30.09M | ||||
| Europe | $28.26M | — | — | $30.09M | ||||
| Japan | — | $12.50M | $12.64M | $11.44M | ||||
| Other | — | $4.73M | $4.63M | $3.99M | ||||
| Others | $5.41M | — | — | — | ||||
| Total | $43.46M | $325.63M | $371.19M | $510.41M |
Magic Software Enterprises brought in $510.41M from its six regions in fiscal 2021, the year ended December 31, 2021. Magic Software Enterprises regrouped these regions after fiscal 2020, so the total does not compare directly with that year's $371.19M. United States was the largest at $254.34M (49.8%), ahead of Israel at $180.46M (35.4%) and Total Revenues at $30.09M (5.9%). The other three regions brought in $45.52M combined.
Compared with fiscal 2020, United States grew fastest, up 43.0% to $254.34M, while Japan fell the most, down 9.5% to $11.44M.
Magic Software Enterprises stopped reporting Others as a separate region after fiscal 2018, when it brought in $5.41M.
Magic Software Enterprises (RMTHF) reports its revenue by geography and by segments [axis]. In fiscal 2021, United States was its largest region, bringing in $254.34M (53.0% of the total), followed by Il at $180.46M (37.6%).
United States was Magic Software Enterprises' largest region in fiscal 2021, bringing in $254.34M, or 53.0% of the $480.33M total across its five regions.
It Professional Services was Magic Software Enterprises' largest segment in fiscal 2021, bringing in $384.74M, or 80.1% of the $480.33M total across its two segments.
Every figure comes from Magic Software Enterprises' annual financial filings, as reported. Each line keeps the name Magic Software Enterprises gives it, and years follow its fiscal calendar.
Magic Software Enterprises' revenue by geography goes back to fiscal 2021, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.