Magic Software Enterprises Past Earnings Performance
Past criteria checks 2/6
Magic Software Enterprises has been growing earnings at an average annual rate of 20.1%, while the Software industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 12.5% per year. Magic Software Enterprises's return on equity is 13.2%, and it has net margins of 6.5%.
Key information
20.1%
Earnings growth rate
20.1%
EPS growth rate
| Software Industry Growth | 15.2% |
| Revenue growth rate | 12.5% |
| Return on equity | 13.2% |
| Net Margin | 6.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Magic Software Enterprises makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 535 | 35 | 83 | 11 |
| 31 Mar 24 | 523 | 36 | 83 | 11 |
| 31 Dec 23 | 535 | 37 | 85 | 10 |
| 30 Sep 23 | 557 | 38 | 89 | 10 |
| 30 Jun 23 | 571 | 43 | 90 | 10 |
| 31 Mar 23 | 571 | 41 | 86 | 10 |
| 31 Dec 22 | 567 | 40 | 84 | 10 |
| 30 Sep 22 | 553 | 32 | 79 | 9 |
| 30 Jun 22 | 530 | 28 | 75 | 9 |
| 31 Mar 22 | 512 | 27 | 73 | 9 |
| 31 Dec 21 | 480 | 30 | 69 | 9 |
| 30 Sep 21 | 452 | 28 | 68 | 9 |
| 30 Jun 21 | 426 | 28 | 66 | 9 |
| 31 Mar 21 | 393 | 26 | 61 | 9 |
| 31 Dec 20 | 371 | 24 | 59 | 9 |
| 30 Sep 20 | 358 | 16 | 60 | 8 |
| 30 Jun 20 | 348 | 14 | 61 | 8 |
| 31 Mar 20 | 339 | 13 | 62 | 9 |
| 31 Dec 19 | 326 | 13 | 60 | 8 |
| 30 Sep 19 | 307 | 18 | 56 | 8 |
| 30 Jun 19 | 293 | 18 | 51 | 7 |
| 31 Mar 19 | 286 | 19 | 50 | 6 |
| 31 Dec 18 | 284 | 18 | 51 | 6 |
| 30 Sep 18 | 278 | 19 | 52 | 6 |
| 30 Jun 18 | 272 | 18 | 52 | 7 |
| 31 Mar 18 | 267 | 16 | 52 | 7 |
| 31 Dec 17 | 258 | 15 | 50 | 7 |
| 30 Sep 17 | 247 | 12 | 48 | 7 |
| 30 Jun 17 | 236 | 12 | 47 | 7 |
| 31 Mar 17 | 218 | 12 | 44 | 6 |
| 31 Dec 16 | 202 | 12 | 41 | 6 |
| 30 Sep 16 | 194 | 15 | 40 | 5 |
| 30 Jun 16 | 185 | 16 | 38 | 5 |
| 31 Mar 16 | 180 | 16 | 37 | 5 |
| 31 Dec 15 | 176 | 16 | 36 | 5 |
| 30 Sep 15 | 171 | 15 | 37 | 5 |
| 30 Jun 15 | 166 | 15 | 37 | 5 |
| 31 Mar 15 | 164 | 15 | 36 | 5 |
| 31 Dec 14 | 164 | 16 | 38 | 5 |
| 30 Sep 14 | 163 | 17 | 38 | 4 |
| 30 Jun 14 | 158 | 17 | 38 | 4 |
| 31 Mar 14 | 152 | 17 | 38 | 4 |
| 31 Dec 13 | 145 | 16 | 36 | 4 |
Quality Earnings: MGIC has high quality earnings.
Growing Profit Margin: MGIC's current net profit margins (6.5%) are lower than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGIC's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: MGIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGIC had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Software industry average (29.6%).
Return on Equity
High ROE: MGIC's Return on Equity (13.2%) is considered low.