Magic Software Enterprises Ltd. RMTHF
Annual
Quarterly
FY2024 · ended Dec 31, 2024 · Revenue $552.52M, +3.3% YoY · Filed May 15, 2025
Magic Software Enterprises Ltd. (RMTHF) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $552.5 million and net income of $43.3 million. Free cash flow was $73.3 million. As of Dec 31, 2024 it held $112.8 million in cash and investments and $109.3 million in total debt.
Revenue
$552.52M
+3.3% vs prior year
Net income
$43.29M
+1.9% vs prior year
Operating cash flow
$74.83M
+8.5% vs prior year
Free cash flow
$73.30M
+8.8% vs prior year
EPS
$0.75
+0.0% vs prior year
Dividend per share
None
Shares outstanding
49.10M
+0.0% vs prior year
Net cash
$3.44M
FY 2024
Operating margin
11.1%
FY 2018
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- RMTHF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- Israel
- Headquarters
- Or Yehuda Israel, Israel
- SEC filer status
- Accelerated filer
- SEC CIK
- 876779
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $552.5M | $535.1M | $566.8M | — | — |
| Operating income | — | — | — | $51.2M | $40.6M |
| Net income | $43.3M | $42.5M | $46.3M | $35.3M | $30.1M |
| Diluted EPS | $0.75 | $0.75 | — | $0.61 | — |
| Operating cash flow | $74.8M | $69.0M | $56.6M | $37.8M | $52.3M |
| Free cash flow | $73.3M | $67.4M | $52.2M | $36.4M | $49.5M |
| Total assets | $540.3M | $522.4M | $505.1M | $487.3M | $447.4M |
| Stockholders' equity | $301.1M | $290.9M | $276.3M | — | — |
| Cash and investments | $112.8M | $105.9M | $83.1M | $89.2M | $89.4M |
| Total debt | $109.3M | $185.4M | $80.0M | $74.5M | $69.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Feb 24, 2026 | Feb 24, 2026 |
| 6-K | Current report (foreign issuer) | Feb 18, 2026 | Feb 18, 2026 |
| 6-K | Current report (foreign issuer) | Feb 5, 2026 | Feb 5, 2026 |
| 6-K | Current report (foreign issuer) | Dec 10, 2025 | Dec 10, 2025 |
| 6-K | Current report (foreign issuer) | Nov 18, 2025 | Nov 18, 2025 |
| 6-K | Current report (foreign issuer) | Nov 10, 2025 | Nov 10, 2025 |
All 725 Magic Software Enterprises Ltd. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.