Magic Software Enterprises Ltd (MGIC) Net Income by Year
Magic Software Enterprises Ltd reported $29.3M in net income in fiscal year 2021. This represents an increase of 16.5% from the prior fiscal year. The table below carries 13 fiscal years, from 2009 to 2021, and the quarters Magic Software Enterprises Ltd has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
MGIC Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $29.3M+16.5% | $25.2M+24.3% | $20.3M+1.9% | $19.9M+28.8% | $15.4M+9.0% | $14.2M-12.5% | $16.2M+4.4% | $15.5M-2.3% | $15.9M-1.9% | $16.2M+7.6% | $15.0M+60.5% | $9.4M+51.8% | $6.2M |
MGIC Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
| Metric | Q4'21 | Q4'20 | Q4'19 | Q4'18 | Q2'18 | Q4'17 | Q4'16 | Q4'15 | Q4'14 | Q4'13 | Q2'13 | Q4'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More Magic Software Enterprises Ltd financials
Frequently Asked Questions
What was Magic Software Enterprises Ltd's net income in fiscal year 2021?
Magic Software Enterprises Ltd reported $29.3M in net income in fiscal year 2021.
How fast is Magic Software Enterprises Ltd's net income growing?
Magic Software Enterprises Ltd (MGIC) net income rose by 16.5% year over year, from $25.2M to $29.3M in fiscal year 2021.
How has Magic Software Enterprises Ltd's net income changed over the years?
Across the 13 fiscal years this page covers, Magic Software Enterprises Ltd (MGIC) net income went from $6.2M in fiscal year 2009 to $29.3M in fiscal year 2021.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what Magic Software Enterprises Ltd (MGIC) reported on that line in every period on record.