Earnings for Magic Software (MGIC)

Earnings in 2024 (TTM): ₹4.28 Billion

According to Magic Software's latest financial reports the company's current earnings are ₹0.53 Billion. In 2023 the company made an earning of ₹4.52 Billion a decrease over its 2022 earnings that were of ₹4.98 Billion. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.

Earnings history for Magic Software from 1991 to 2024

Annual earnings

Year	Earnings	Change
2024 (TTM)	₹4.28 B	-5.39%
2023	₹4.52 B	-9.25%
2022	₹4.98 B	27.66%
2021	₹3.90 B	21.01%
2020	₹3.22 B	15.18%
2019	₹2.80 B	1.97%
2018	₹2.74 B	31.35%
2017	₹2.09 B	17.37%
2016	₹1.78 B	-0.48%
2015	₹1.79 B	9.98%
2014	₹1.62 B	2.4%
2013	₹1.59 B	11.34%
2012	₹1.42 B	9.9%
2011	₹1.30 B	62.44%
2010	₹0.80 B	42.44%
2009	₹0.56 B	-238.16%
2008	-₹0.41 Billion	1651.67%
2007	-₹23.22 Million	-94.34%
2006	-₹0.42 Billion	21.8%
2005	-₹0.34 Billion	-192.6%
2004	₹0.36 B	10.31%
2003	₹0.32 B	-172.14%
2002	-₹0.46 Billion	-87.57%
2001	-₹3.68 Billion	-3053.5%
2000	₹0.12 B	-87.57%
1999	₹1.00 B	-441.44%
1998	-₹0.3 Billion	-66.34%
1997	-₹0.88 Billion	-631.58%
1996	₹0.16 B	-733.33%
1995	-₹25.9 Million	-400%
1994	₹8.63 M	-96.67%
1993	₹0.25 B	87.5%
1992	₹0.13 B	45.45%
1991	₹94.94 M

Earnings for similar companies or competitors

Company	Earnings	Earnings differencediff.	Country
Formula Systems FORTY	₹22.46 B	407.24%	🇮🇱 Israel
Oracle ORCL	₹1.438 T	32,377.30%	🇺🇸 USA
Microsoft MSFT	₹9.561 T	215,737.26%	🇺🇸 USA
IBM IBM	₹539.46 B	12,078.01%	🇺🇸 USA
SAP SAP	₹502.70 B	11,248.33%	🇩🇪 Germany

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