Magic Software Enterprises annual gross profit
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Magic Software Enterprises Gross Profit Growth & History (RMTHF)
Magic Software Enterprises's gross profit was $157.8M for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $157.8M | $4.8M | +3.16% |
| 2023 | 2023-12-31 | $153.0M | −$2.4M | −1.52% |
| 2022 | 2022-12-31 | $155.4M | $22.4M | +16.81% |
| 2021 | 2021-12-31 | $133.0M | $23.4M | +21.35% |
| 2020 | 2020-12-31 | $109.6M | $7.5M | +7.31% |
| 2019 | 2019-12-31 | $102.1M | $13.3M | +14.99% |
| 2018 | 2018-12-31 | $88.8M | $5.8M | +7.04% |
| 2017 | 2017-12-31 | $83.0M | $14.7M | +21.56% |
| 2016 | 2016-12-31 | $68.3M | $5.5M | +8.69% |
| 2015 | 2015-12-31 | $62.8M | −$1.8M | −2.74% |
| 2014 | 2014-12-31 | $64.6M | $5.5M | +9.33% |
| 2013 | 2013-12-31 | $59.1M | $6.1M | +11.47% |
| 2012 | 2012-12-31 | $53.0M | $6.9M | +15.01% |
| 2011 | 2011-12-31 | $46.1M | $8.9M | +24.08% |
| 2010 | 2010-12-31 | $37.1M | $8.0M | +27.66% |
| 2009 | 2009-12-31 | $29.1M | — | — |
Magic Software Enterprises gross profit trends
Over the last five fiscal years, Magic Software Enterprises's gross profit increased from $102.1M to $157.8M, a change of $55.7M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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