Magic software enterprises ltd (MGIC)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Software

21,644

19,626

21,598

-

-

-

-

-

-

Cost of revenues:
Software

-

-

-

25,351

23,254

23,684

23,110

20,111

17,261

Maintenance and technical support

30,386

25,885

22,908

22,780

22,685

22,384

16,751

14,407

13,821

Consulting services

206,110

156,135

131,524

116,173

99,019

80,312

73,467

54,060

24,268

Total revenues

258,140

201,646

176,030

164,304

144,958

126,380

113,328

88,578

55,350

Software

9,564

8,674

7,836

89,160

76,296

62,716

59,237

44,058

18,687

Software

-

-

-

7,646

6,648

7,439

5,771

5,320

5,388

Maintenance and technical support

3,888

2,952

2,466

2,921

2,949

3,238

2,250

2,070

2,189

Consulting services

161,709

121,756

102,919

-

-

-

-

-

-

Total cost of revenues

175,161

133,382

113,221

99,727

85,893

73,393

67,258

51,448

26,264

Gross profit

82,979

68,264

62,809

64,577

59,065

52,987

46,070

37,130

29,086

Operating costs and expenses:
Research and development, net

6,942

5,839

4,888

4,750

3,706

2,947

2,047

2,072

1,310

Selling and marketing

27,244

23,776

23,062

24,580

23,066

22,990

20,147

17,526

15,308

General and administrative

22,837

17,562

13,425

14,521

13,166

10,642

9,159

8,194

8,210

Total operating costs and expenses

57,023

47,177

41,375

43,851

39,938

36,579

31,353

27,792

22,856

Operating income

25,956

21,087

21,434

20,726

19,127

16,408

14,717

9,338

6,230

Financial expense, net (Note 16b)

1,711

430

685

-

-

-

-

-

-

Other income, net

0

0

8

-

-

-

-

-

-

Financial expense, net (Note 16b)

-

-

-

-1,786

-684

10

221

-224

238

Other income (expense), net

-

-

-

-67

-12

136

-

-

42

Other income (expense), net

-

-

-

-

-

-

125

159

1,972

Income before taxes on income

24,245

20,657

20,757

18,873

18,431

16,554

15,063

9,273

6,510

Taxes on income

6,331

3,949

3,681

2,307

1,575

94

-203

-102

334

Net income

17,914

16,708

17,076

16,566

16,856

-

15,266

9,375

6,176

Net income

-

-

-

-

-

16,460

-

-

-

Net income attributable to redeemable non-controlling interests

1,536

4,520

639

425

546

184

0

0

-

Net income attributable to non-controlling interests

936

281

239

621

430

93

222

0

0

Net income attributable to Magic Software Enterprises' shareholders

15,442

11,907

16,198

15,520

15,880

16,183

15,044

9,375

6,176

Net earnings per share attributable to Magic Software Enterprises' shareholders:
Basic earnings per share

0.35

0.27

0.37

0.36

0.43

-

-

-

0.19

Diluted earnings per share

0.35

0.27

0.36

0.36

0.43

-

-

-

0.19

Basic and diluted earnings per share (in dollars per share)

-

-

-

-

-

0.44

0.41

0.29

-