Magic Software Enterprises Ltd.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Magic Software Enterprises Ltd. generated cash of $68,992,000, which is more than the previous year. Cash used in financing activities reached the amount of -$17,293,000 last year. Net change in cash is therefore $22,881,000.
Cash Flow
| 2014 | 18.19M | -26.06M | 46.31M |
|---|---|---|---|
| 2015 | 19.61M | -16.63M | -11.93M |
| 2016 | 27.95M | -35.98M | 22.19M |
| 2017 | 26.46M | -12.41M | -14.37M |
| 2018 | 24.05M | -22.68M | 11.55M |
| 2019 | 45.94M | -15.44M | -36.98M |
| 2020 | 52.29M | -9.60M | -39.64M |
| 2021 | 40.49M | -18.45M | -21.28M |
| 2022 | 49.52M | -27.33M | -18.35M |
| 2023 | 68.99M | -27.61M | -17.29M |
MGIC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 83.06M | 88.09M | 88.12M | 81.91M | 87.12M | 76.07M | 75.31M | 62.18M | 72.51M | 35.13M |
Operating activities | ||||||||||
Net income | 37.03M | 46.52M | 34.90M | 30.11M | 25.59M | 24.77M | 17.91M | 16.70M | 17.07M | 16.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 20.55M | 15.47M | 14.67M | 13.93M | 14.02M | 12.56M | 13.61M | 11.60M | 9.88M | 8.66M |
Stock-based compensation expense | 3.79M | 2.07M | 956K | 0 | 74K | 194K | 78K | 152K | 234K | 1.55M |
| Deferred income tax benefit | 3.79M | 2.07M | 956K | 0 | 74K | 194K | 78K | 152K | 234K | 1.55M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 18.42M | -6.12M | -24.92M | -540K | 16.14M | -15.77M | -17.61M | -2.61M | -10.42M | -9.40M |
Inventories | 0 | 0 | 6.71M | 8.17M | -7.67M | 2.20M | 4.31M | 1.55M | -196K | -303K |
Accounts payable | 858K | 169K | 8.68M | 1.89M | -5.27M | 2.20M | 3.51M | 1.42M | 1.86M | -342K |
Cash generated by operating activities | 68.99M | 49.52M | 40.49M | 52.29M | 45.94M | 24.05M | 26.46M | 27.95M | 19.61M | 18.19M |
Investing activities | ||||||||||
Purchases Of Investments | -1.74M | 2.25M | -5.39M | 3.30M | -714K | -17.80M | -5.76M | -9.40M | -5.15M | -11.97M |
Investments In Property Plant And Equipment | -1.61M | -7.65M | -4.63M | -6.07M | -5.52M | -4.52M | -5.17M | -5.02M | -4.95M | -5.26M |
Acquisitions Net | -25.56M | -21.67M | -8.43M | -16.53M | -22.60M | -4.34M | -6.89M | -31.43M | -9.18M | -9.36M |
Cash generated by investing activities | -27.61M | -27.33M | -18.45M | -9.60M | -15.44M | -22.68M | -12.41M | -35.98M | -16.63M | -26.06M |
Financing activities | ||||||||||
Common Stock Issued | 22K | 1K | 41K | 256K | 104K | 34.56M | 586K | 41K | 419K | 54.72M |
Payments for dividends | -30.79M | -24.84M | -21.78M | -12.50M | -14.96M | -13.54M | -9.36M | -7.76M | -7.78M | -8.68M |
Repurchases of common stock | 0 | -1K | -41K | -256K | 0 | 857K | 0 | 0 | 0 | 0 |
Repayments of term debt | 22.78M | 11.58M | -14.46M | -9.36M | -12.74M | -7.59M | 345K | -32.29M | -2.87M | -2.90M |
Cash used in financing activities | -17.29M | -18.35M | -21.28M | -39.64M | -36.98M | 11.55M | -14.37M | 22.19M | -11.93M | 46.31M |
Net Change In Cash | 22.88M | -5.02M | -37K | 6.21M | -5.21M | 11.05M | 582K | 13.12M | -10.32M | 37.38M |
Cash at end of period | 105.94M | 83.06M | 88.09M | 88.12M | 81.91M | 87.12M | 75.89M | 75.31M | 62.18M | 72.51M |
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