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Magic Software Enterprises (Magic Software Enterprises) Pre-Tax Income : $52.4 Mil (TTM As of Dec. 2023)


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What is Magic Software Enterprises Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Magic Software Enterprises's pretax income for the three months ended in Dec. 2023 was $11.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $52.4 Mil. Magic Software Enterprises's pretax margin was 8.78%.

During the past 13 years, Magic Software Enterprises's highest Pretax Margin was 11.79%. The lowest was 9.39%. And the median was 10.11%.


Magic Software Enterprises Pre-Tax Income Historical Data

The historical data trend for Magic Software Enterprises's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magic Software Enterprises Pre-Tax Income Chart

Magic Software Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.47 37.40 45.62 57.42 52.44

Magic Software Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.87 14.65 15.13 11.63 11.03

Competitive Comparison of Magic Software Enterprises's Pre-Tax Income

For the Information Technology Services subindustry, Magic Software Enterprises's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magic Software Enterprises's Pre-Tax Income Distribution in the Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's Pre-Tax Income falls into.



Magic Software Enterprises Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Magic Software Enterprises's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=57.348+-0.586+-9.227+4.901+7.105427357601E-15
=52.4

Magic Software Enterprises's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=12.841+0.052+-6.766+0+4.901
=11.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Magic Software Enterprises  (NAS:MGIC) Pre-Tax Income Explanation

Magic Software Enterprises's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=11.028/125.545
=8.78%

During the past 13 years, Magic Software Enterprises's highest Pretax Margin was 11.79%. The lowest was 9.39%. And the median was 10.11%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Magic Software Enterprises Pre-Tax Income Related Terms

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Magic Software Enterprises (Magic Software Enterprises) Business Description

Traded in Other Exchanges
Address
Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.