Magic Software Enterprises Ltd.
MGIC

$539.6 M
Marketcap
$10.99
Share price
Country
$0.02
Change (1 day)
$12.99
Year High
$8.40
Year Low

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

marketcap

Magic Software Enterprises Ltd. (MGIC) - Company Outlook



Company Outlook

Year Receivables Debt Liabilities Assets Current Assets
2023 139.57 M 2.77 M 231.46 M 522.41 M 256.63 M
2022 155.22 M -3,270,000 205.7 M 510.97 M 250.98 M
2021 145.7 M -25,989,000 185.95 M 492.05 M 246.78 M
2020 114.68 M -38,724,000 149.34 M 443.32 M 211.23 M
2019 96.69 M -44,344,000 120.86 M 407.48 M 205.05 M