Magic Net Income from 2010 to 2026

MGIC Stock  USD 26.97  0.32  1.20%   
Magic Software's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 44.5 M this year. During the period from 2010 to 2026 Magic Software Net Income annual values regression line had geometric mean of  19,218,650 and mean square error of 21.3 T. View All Fundamentals
 
Net Income  
First Reported
1991-03-31
Previous Quarter
10.1 M
Current Value
9.9 M
Quarterly Volatility
4.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.1 M, Interest Expense of 8.1 M or Total Revenue of 667.2 M, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0369 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
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Check out the analysis of Magic Software Correlation against competitors.

Latest Magic Software's Net Income Growth Pattern

Below is the plot of the Net Income of Magic Software Enterprises over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Magic Software Enter financial statement analysis. It represents the amount of money remaining after all of Magic Software Enterprises operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Magic Software's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Software's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 36.88 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Magic Net Income Regression Statistics

Arithmetic Mean23,868,040
Geometric Mean19,218,650
Coefficient Of Variation52.10
Mean Deviation10,495,576
Median19,883,000
Standard Deviation12,435,040
Sample Variance154.6T
Range43.5M
R-Value0.93
Mean Square Error21.3T
R-Squared0.87
Slope2,298,230
Total Sum of Squares2474.1T

Magic Net Income History

202644.5 M
202542.4 M
202436.9 M
202337 M
202240.5 M
202129.8 M
202025.2 M

Other Fundumenentals of Magic Software Enter

Magic Software Net Income component correlations

About Magic Software Financial Statements

Magic Software stakeholders use historical fundamental indicators, such as Magic Software's Net Income, to determine how well the company is positioned to perform in the future. Although Magic Software investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magic Software's assets and liabilities are reflected in the revenues and expenses on Magic Software's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magic Software Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income42.4 M44.5 M
Net Income Applicable To Common Shares44.6 M46.8 M
Net Income From Continuing Ops49.8 M30.7 M
Net Income Per Share 0.68  0.71 
Net Income Per E B T 0.78  1.17 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out the analysis of Magic Software Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
0.774
Earnings Share
0.82
Revenue Per Share
12.286
Quarterly Revenue Growth
0.131
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.