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Magic Software Enterprises Ltd. Gross Profit | MGIC
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit Magic Software Enterprises Ltd.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 158 M | 153 M | 155 M | 133 M | 110 M | 102 M | 88.8 M | 83 M | 68.3 M | 62.8 M | 64.6 M | 59.1 M | 53 M | 46.1 M | 37.1 M | 29.1 M | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 158 M | 29.1 M | 87.7 M |
Quarterly Gross Profit Magic Software Enterprises Ltd.
| 2024-Q4 | 2023-Q4 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2009-Q4 | 2008-Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 158 M | 153 M | 155 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.1 M | 29.1 M | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 158 M | 29.1 M | 106 M |
Gross Profit of other stocks in the Software industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Simulations Plus
SLP
|
46.2 M | $ 18.5 | 0.05 % | $ 371 M |  USA |
 |
Cerence
CRNC
|
183 M | $ 8.0 | 0.12 % | $ 345 M | USA |
 |
ACI Worldwide
ACIW
|
641 M | $ 51.22 | 2.13 % | $ 5.32 B | USA |
 |
Adobe
ADBE
|
21.2 B | $ 238.79 | 0.46 % | $ 102 B | USA |
 |
Autodesk
ADSK
|
6.56 B | $ 221.56 | 4.51 % | $ 47.2 B | USA |
 |
AudioEye
AEYE
|
31.6 M | $ 6.73 | 0.86 % | $ 83.6 M | USA |
 |
AGM Group Holdings
AGMH
|
3.16 M | $ 0.73 | 4.27 % | $ 1.28 M |  China |
 |
Agilysys
AGYS
|
200 M | $ 99.5 | 0.24 % | $ 2.78 B | USA |
 |
Gitlab Inc
GTLB
|
834 M | $ 51.5 | 3.46 % | $ 8.59 B | USA |
 |
Akamai Technologies
AKAM
|
1.91 B | $ 107.99 | 1.86 % | $ 15.7 B | USA |
 |
Alarm.com Holdings
ALRM
|
319 M | $ 56.24 | 2.85 % | $ 2.8 B | USA |
 |
Sphere 3D Corp.
ANY
|
5.96 M | $ 2.89 | 3.96 % | $ 8.42 M |  Canada |
 |
Agora
API
|
93.7 M | $ 4.15 | 1.72 % | $ 1.53 B | China |
 |
AppFolio
APPF
|
154 M | $ 204.25 | 0.63 % | $ 7.36 B | USA |
 |
Appian Corporation
APPN
|
527 M | $ 38.21 | 4.17 % | $ 2.83 B | USA |
 |
Digital Turbine
APPS
|
322 M | $ 11.21 | 0.36 % | $ 1.27 B | USA |
 |
Asana
ASAN
|
704 M | $ 9.14 | 6.03 % | $ 2.16 B | USA |
 |
Asure Software
ASUR
|
94.9 M | $ 7.89 | 2.73 % | $ 216 M | USA |
 |
A10 Networks
ATEN
|
231 M | $ 28.19 | 1.95 % | $ 2.04 B | USA |
 |
Auddia
AUUD
|
-535 K | $ 1.33 | 9.92 % | $ 1.83 M | USA |
 |
Aware
AWRE
|
10.5 M | $ 1.08 | 1.81 % | $ 22.9 M | USA |
 |
Bandwidth
BAND
|
295 M | $ 62.53 | 2.08 % | $ 1.88 B | USA |
 |
BlackBerry Limited
BB
|
418 M | $ 9.08 | 1.31 % | $ 5.38 B | Canada |
 |
Bill.com Holdings
BILL
|
1.34 B | $ 44.49 | 2.08 % | $ 4.45 B | USA |
 |
BlackLine
BL
|
527 M | $ 28.13 | 2.63 % | $ 1.73 B | USA |
 |
Bridgeline Digital
BLIN
|
10.2 M | $ 0.88 | 8.23 % | $ 9.88 M | USA |
 |
Blackbaud
BLKB
|
663 M | $ 43.31 | 3.71 % | $ 2.07 B | USA |
 |
Bumble
BMBL
|
349 M | $ 2.55 | 0.39 % | $ 281 M | USA |
 |
Box
BOX
|
933 M | $ 35.34 | 2.46 % | $ 5.1 B | USA |
 |
Bentley Systems, Incorporated
BSY
|
1.22 B | $ 34.75 | 7.82 % | $ 10.9 B | USA |
 |
Bit Digital
BTBT
|
6.96 M | $ 1.54 | 0.62 % | $ 397 M | USA |
 |
Calix
CALX
|
568 M | $ 34.34 | 0.16 % | $ 2.27 B | USA |
 |
Cadence Design Systems
CDNS
|
2.07 B | $ 353.48 | 0.61 % | $ 95.9 B | USA |
 |
Check Point Software Technologies Ltd.
CHKP
|
1.78 B | $ 129.58 | 0.2 % | $ 13.9 B |  Israel |
 |
CleanSpark
CLSK
|
2.12 M | $ 12.48 | 1.76 % | $ 3.21 B | USA |
 |
Cheetah Mobile
CMCM
|
834 M | $ 2.62 | 3.84 % | $ 4.02 B | - |
 |
Endava plc
DAVA
|
194 M | $ 1.91 | 0.52 % | $ 112 M | - |
 |
Cogent Biosciences
COGT
|
7.87 K | $ 30.87 | 0.2 % | $ 3.98 B | USA |
 |
Creative Realities
CREX
|
25.7 M | $ 2.48 | 1.2 % | $ 26 M | USA |
 |
salesforce.com
CRM
|
32.3 B | $ 229.79 | 3.09 % | $ 218 B | USA |
 |
CrowdStrike Holdings
CRWD
|
3.59 B | $ 272.67 | 0.97 % | $ 68.3 B | USA |
 |
Commvault Systems
CVLT
|
961 M | $ 153.73 | 2.3 % | $ 6.76 B | USA |