Magic Software Enterprises Ltd. revenue by segment RMTHF

Annual Quarterly

Magic Software Enterprises Ltd. splits its revenue into 2 lines in its filings. The largest line in fiscal 2024, which ended Dec 31, 2024 was IT Professional Services at $457.6 million, 83% of the total.

USD in millions. The percent under a figure is the change from the year before.

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
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
FY 2015
Dec 31, 2015
Revenue
553
535
567
—
—
—
284
258
202
176
IT Professional Services
458
+3.5%
share 82.8%
442
-5.4%
share 82.6%
467
share 82.5%
—
—
—
—
—
—
—
Software Services
95
+2.1%
share 17.2%
93
-6.5%
share 17.4%
99
share 17.5%
—
—
—
—
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.