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Magic Software Enterprises Ltd. (MGIC)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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11.44-0.01 (-0.09%)
As of 01:23PM EDT. Market open.
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Annual

Income statement

All numbers in thousands
Breakdown
ttm
31/12/2022
31/12/2021
31/12/2020
Total revenue
556,653
566,792
480,325
371,194
Cost of revenue
398,805
411,437
347,331
261,602
Gross profit
157,848
155,355
132,994
109,592
Operating expenses
Research development
10,339
10,090
8,995
8,789
Selling general and administrative
89,448
84,409
69,369
59,127
Total operating expenses
99,787
94,499
78,364
67,916
Operating income or loss
58,061
60,856
54,630
41,676
Interest expense
5,249
4,993
3,802
614
Total other income/expenses net
74
162
-5,324
-3,759
Income before tax
54,278
57,417
45,617
37,403
Income tax expense
10,075
11,138
10,278
7,286
Income from continuing operations
44,203
46,279
35,339
30,117
Net income
38,106
40,470
29,767
25,186
Net income available to common shareholders
38,106
40,470
29,767
23,869
Basic EPS
0.77
0.82
0.61
0.49
Diluted EPS
0.77
0.82
0.61
0.49
Basic average shares
49,094
49,089
49,055
49,029
Diluted average shares
49,117
49,131
49,100
49,048