OTC · Technology

Magic Software Enterprises Ltd (RMTHF)

Magic Software Enterprises Ltd reported revenue of $552.5M in fiscal 2024, up 3.3% from a year earlier. Net income was $36.9M, a net margin of 6.7%. Operating cash flow minus capital spending left $73.3M of free cash flow in fiscal 2024. At December 31, 2024 it held $112.8M in cash against $59.3M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 15, 2025.

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Price

$32.56

+4.86% on the day · September 25, 2026

52-week range $21.05 to $37.00

Revenue (FY2024)

$552.5M

+3.3% year on year

Net margin

6.7%

What Magic Software Enterprises Ltd does

Magic Software Enterprises Ltd is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on OTC under the ticker RMTHF.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2024	$552.5M	n/a	$36.9M	$0.75	$73.3M
2023	$535.1M	n/a	$37M	$0.75	$67.4M
2022	$566.8M	n/a	$40.5M	$0.82	$52.2M
2021	$480.3M	$51.2M	$29.3M	$0.52	$36.4M
2020	n/a	$40.6M	$25.2M	$0.49	$49.5M
2019	n/a	$33.7M	$20.3M	$0.26	$44.6M

Full financial statements: income, balance sheet and cash flow

Where RMTHF ranks in Technology

Revenue$552.5M

#308 of 731 in Technology · Top 42%

Revenue growth+3.3%

#414 of 604 in Technology · Bottom 32%

Net margin6.7%

#233 of 611 in Technology · Top 38%

Free cash flow margin13.3%

#240 of 569 in Technology · Top 42%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Dividends

It paid out $21.8M in cash dividends, 74% of its net income.

Fiscal year	Per share	Paid out	Of profit
2021	n/a	$21.8M	74%
2020	n/a	$12.5M	50%
2019	n/a	$15M	74%
2018	n/a	$13.5M	68%
2017	n/a	$9.4M	61%
2016	n/a	$7.8M	55%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Magic Software Enterprises Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

March 13, 2026
Deregistration 15-12G
March 13, 2026
Form S-8 POS filing S-8 POS
March 13, 2026
Form S-8 POS filing S-8 POS
March 13, 2026
Form S-8 POS filing S-8 POS
February 24, 2026
Form CB/A filing CB/A
February 24, 2026
Foreign issuer update 6-K
February 24, 2026
Delisting notice 25-NSE
February 19, 2026
Form CB/A filing CB/A
February 18, 2026
Foreign issuer update 6-K
February 5, 2026
Form CB/A filing CB/A

Recent insider filings (Forms 3, 4 and 144): 2, the latest on April 20, 2026. Insider transactions on SEC

Who owns RMTHF

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Harel Insurance Investments & Financial Services Ltd13G, passive	13.2%	6,492,758	August 5, 2025

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about RMTHF

What does Magic Software Enterprises Ltd do?

Magic Software Enterprises Ltd is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on OTC under the ticker RMTHF.

Is Magic Software Enterprises Ltd profitable?

Yes. In fiscal 2024 it reported net income of $36.9M on revenue of $552.5M, a net margin of 6.7%.

How much revenue does Magic Software Enterprises Ltd make?

In fiscal 2024 Magic Software Enterprises Ltd reported revenue of $552.5M. That is 3.3% more than a year earlier.

When did Magic Software Enterprises Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 15, 2025. It covers the period to December 31, 2024. Its newest filing of any kind is the new insider holdings from April 20, 2026.

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Where the numbers come from

Financial figures are the values Magic Software Enterprises Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.