Magic Software Enterprises Overview

  • Founded
  • 1983

Founded
  • Status
  • Public

  • Employees
  • 3,677

Employees
  • Stock Symbol
  • MGIC

Stock Symbol
  • Investments
  • 14

  • Share Price
  • $18.05

  • (As of Wednesday Closing)

Magic Software Enterprises General Information

Description

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.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
Stock Exchange
TAE
Primary Office
  • Yaadut Canada 1 street
  • Terminal Center
  • Or Yehuda 6037501
  • Israel
+972 00-000-0000

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Magic Software Enterprises Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$18.05 $18.06 $15.23 - $26.54 $886M 49.1M 37.5K $0.56

Magic Software Enterprises Financials Summary

In Thousands,
USD
TTM 30-Jun-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 874,582 1,040,119 772,340 452,423
Revenue 529,555 480,325 371,194 325,630
EBITDA 68,074 60,959 51,856 46,659
Net Income 33,114 29,332 25,186 20,266
Total Assets 494,446 492,045 447,386 404,606
Total Debt 81,107 62,100 49,403 37,571
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Magic Software Enterprises Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Magic Software Enterprises Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Serv
Software Development Applications
Or Yehuda, Israel
3,677 As of 2021
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Scottsdale, AZ
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Fremont, CA
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Magic Software Enterprises Competitors (32)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Axway Corporation Scottsdale, AZ 0000 000.00 00000000000 000.00
0000000 Venture Capital-Backed Fremont, CA 00 000000&0
000 00000 Formerly VC-backed San Francisco, CA 0000 00000 000000000000
000000 Venture Capital-Backed San Francisco, CA 000 00000 00000000000 00000
000000 00000000000 Formerly VC-backed Troy, MI 0000 00000 000000000 00000
You’re viewing 5 of 32 competitors. Get the full list »

Magic Software Enterprises Executive Team (19)

Name Title Board Seat Contact Info
Guy Bernstein Chief Executive Officer & Board Member
Yael Ilan Chief Executive Officer
Yakov Tsaroya Chief Executive Officer
Yuval Baruch Chief Executive Officer
Arik Faingold President - Integration Solutions Division
You’re viewing 5 of 19 executive team members. Get the full list »

Magic Software Enterprises Board Members (6)

Name Representing Role Since
0000 000000 Magic Software Enterprises Chairman, Software Solutions Division 000 0000
000 00000 Magic Software Enterprises Board Member 000 0000
000 000000000 Magic Software Enterprises Chief Executive Officer & Board Member 000 0000
000000 0000000 Magic Software Enterprises Board Member 000 0000
000 000000000 Magic Software Enterprises Board Member 000 0000
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Magic Software Enterprises Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Magic Software Enterprises Investments & Acquisitions (14)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 03-Aug-2022 0000000000 0000 Media and Information Services (B2B)
000000000 & 0 17-Jun-2020 0000000000 Business/Productivity Software 00000 000
00000 00000 17-Jun-2020 0000000000 IT Consulting and Outsourcing 00000 000
00000000 0000 01-Oct-2019 000000000 00.00 Telecommunications Service Providers 0000 0000
NetEffects 30-Jun-2019 Merger/Acquisition 000.00 Human Capital Services 000 00000
You’re viewing 5 of 14 investments and acquisitions. Get the full list »

Magic Software Enterprises Subsidiaries (8)

Company Name Industry Location Founded
Appush Media and Information Services (B2B) Tel Aviv-Yafo, Israel 2015
000000 000000 Software Development Applications San Francisco, CA 0000
00000000 000000000 Telecommunications Service Providers Albany, NY 0000
000 Application Software Yehuda, Israel 0000
00000 00000 IT Consulting and Outsourcing Nieuwegein, Netherlands 0000
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Magic Software Enterprises Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 0000000 0 29-Apr-2004 000000000000000000 Completed
  • 00000 00000000 000
Access Data Corporation 01-Jan-1999 Merger/Acquisition Completed
To view Magic Software Enterprises’s complete exits history, request access »