Develops low-code software platforms for businesses.
Dec 2024Revenue $553M/yrExpenses $498M/yr
No trend
Figures by year
Is Magic Software Enterprises profitable?
Yes. In the 12 months to Dec 2024, revenue was $553M and expenses $498M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2024 | $553M | $498M | $54.6M |
| Dec 2023 | $535M | $483M | $52.4M |
| Dec 2022 | $567M | $509M | $57.4M |
| Dec 2021 | $480M | $435M | $45.6M |
| Dec 2018 | $284M | $253M | $31.8M |
| Dec 2017 | $258M | $234M | $24.2M |
| Dec 2016 | $202M | $181M | $20.7M |
| Dec 2015 | $176M | $155M | $20.8M |
| Dec 2014 | $164M | $145M | $18.9M |
| Dec 2013 | $145M | $127M | $18.4M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.