Magic Software Enterprises annual operating expenses
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Magic Software Enterprises Operating Expenses Growth & History (RMTHF)
Magic Software Enterprises's operating expenses was $81.8M for fiscal 2021.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-12-31 | $81.8M | $12.8M | +18.48% |
| 2020 | 2020-12-31 | $69.0M | $527,000 | +0.77% |
| 2019 | 2019-12-31 | $68.5M | $11.4M | +19.88% |
| 2018 | 2018-12-31 | $57.1M | $97,000 | +0.17% |
| 2017 | 2017-12-31 | $57.0M | $9.8M | +20.87% |
| 2016 | 2016-12-31 | $47.2M | $5.8M | +14.02% |
| 2015 | 2015-12-31 | $41.4M | −$2.5M | −5.65% |
| 2014 | 2014-12-31 | $43.9M | $3.9M | +9.80% |
| 2013 | 2013-12-31 | $39.9M | $3.4M | +9.18% |
| 2012 | 2012-12-31 | $36.6M | $5.2M | +16.67% |
| 2011 | 2011-12-31 | $31.4M | $3.6M | +12.81% |
| 2010 | 2010-12-31 | $27.8M | $4.9M | +21.60% |
| 2009 | 2009-12-31 | $22.9M | — | — |
Magic Software Enterprises operating expenses trends
Over the last five fiscal years, Magic Software Enterprises's operating expenses increased from $47.2M to $81.8M, a change of $34.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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