UK markets closed

Magic Software Enterprises Ltd. (MGIC)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
11.88+0.17 (+1.45%)
At close: 04:00PM EDT
Show:
Income statement
Balance sheet
Annual

Cash flow

All numbers in thousands
Breakdown
ttm
31/12/2023
31/12/2022
31/12/2021
31/12/2020
Cash flows from operating activities
Net income
35,720
37,031
40,470
29,767
25,186
Depreciation & amortisation
20,390
20,553
19,795
19,837
13,939
Deferred income taxes
-5,343
-3,238
-3,904
-3,080
-
Stock-based compensation
3,760
3,798
2,079
956
0
Change in working capital
24,806
10,287
-5,852
-8,989
6,948
Accounts receivable
20,718
11,236
-3,544
-22,124
-540
Accounts payable
-1,479
858
139
8,792
1,899
Other working capital
73,229
64,191
48,956
39,042
46,222
Other non-cash items
-5,934
-5,039
-5,605
-485
1,362
Net cash provided by operating activities
77,916
68,992
56,615
43,674
52,296
Cash flows from investing activities
Investments in property, plant and equipment
-4,687
-4,801
-7,659
-4,632
-6,074
Acquisitions, net
-16,743
-26,645
-26,540
-12,175
-16,534
Purchases of investments
-1,974
-1,243
0
-5,390
0
Sales/maturities of investments
4,784
4,110
1,991
0
13,004
Other investing activities
-
909
-2,250
-
-
Net cash used for investing activities
-17,642
-27,616
-34,458
-22,197
-9,604
Cash flows from financing activities
Debt repayment
-26,015
-26,684
-19,115
-20,341
-9,369
Common stock issued
-
-
-
0
0
Dividends paid
-
-30,798
-24,841
-21,780
-12,503
Other financing activities
-10,172
-9,298
-5,024
-4,744
-27,717
Net cash used provided by (used for) financing activities
-36,241
-17,293
-18,276
-21,266
-39,647
Net change in cash
23,297
22,881
-5,028
-37
6,212
Cash at beginning of period
102,506
83,062
88,090
88,127
81,915
Cash at end of period
126,539
105,943
83,062
88,090
88,127
Free cash flow
Operating cash flow
77,916
68,992
56,615
43,674
52,296
Capital expenditure
-4,687
-4,801
-7,659
-4,632
-6,074
Free cash flow
73,229
64,191
48,956
39,042
46,222