Magic Software Enterprises Ltd. is a global technology company operating in the software and IT services industry. The company provides development platforms, integration solutions, and IT services aimed at supporting enterprise digital transformation.

Its business model combines proprietary software platforms with consulting, integration, and outsourcing services, serving organizations that require scalable and flexible IT environments.

Core activities include:

• Development platforms such as Magic xpa and Magic xpi

• Enterprise application integration and process automation

• IT consulting and software outsourcing

• Cloud services and digital transformation solutions

• Maintenance, support, and vertical industry applications

Magic Software operates in approximately 50 countries, with presence across Europe, North America, Asia, and Latin America, serving a broad base of corporate clients in sectors such as healthcare, logistics, and media.

The company’s performance is influenced by demand for digital transformation, cloud adoption, system integration needs, competition in enterprise software, and evolving data and security regulations.

Magic Software Enterprises Ltd. is listed on the Nasdaq under the ticker MGIC.

History and Development

The company was founded in 1983 in Israel under the name Mashov Software Export, with operations beginning in 1986 focused on developing software for international markets.

In its early years, Magic Software concentrated on building application-generation platforms and establishing a global client base, achieving adoption across multiple operating environments and industries.

Expansion followed through international growth, product evolution for new computing environments, and the addition of integration, consulting, and outsourcing services.

A key milestone occurred in 1991, when the company completed its initial public offering (IPO) on the Nasdaq, becoming one of the first Israeli software companies listed in the United States.

In subsequent years, the company expanded its technology portfolio and strengthened its global operations, adapting to changes in enterprise IT environments and increasing demand for integrated solutions.

Today, Magic Software continues to focus on platform development, cloud capabilities, and enterprise integration, supporting organizations in their digital transformation initiatives.

Additional Information

Magic Software Enterprises Ltd. (United States) is listed on the Nasdaq and has a market capitalization of $851.62 million, with shareholders equity totaling $300.83 million.

The company employs approximately 3.039 people and operates in the Technology sector, within the Software industry.

Over the past 12 months, Magic Software Enterprises Ltd. reported $603.22 million in revenue, generating net income of $40.04 million.

Key financial metrics include a P/E ratio of 21.27, a price-to-book (P/B) ratio of 2.83, and a trailing twelve-month dividend yield of 4.45%.

The company trades under the ticker MGIC.