Financial Statements

Magic Software Enterprises Ltd. (MGIC)


+0.06 (+0.56%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 43402831-
Net Income 4030252020
Stock Dividends 27-4-1-724
Dividend Paid -25-22-13-15-14
Retained Earnings 8643402831

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 3030193-
Annual Depreciation 14418218
Capital Expenditure -8-5-6-6-5
Net PPE 373030193

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -95118136147
New Purchases -18-13-52
Intangible and Goodwill 95118136147159

Magic Software Enterprises Ltd. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Magic Software Enterprises Ltd. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.