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Magic Software Files Annual Report on Form 20-F for the Year Ended December 31, 2024

1. Magic Software filed its annual Form 20-F report for 2024. 2. The report includes audited financial statements for shareholders. 3. Magic Software provides IT consulting and application development services. 4. The annual report is accessible on SEC and investor relations websites. 5. Shareholders can request a hard copy of the report for free.

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FAQ

Why Neutral?

The filing of the Form 20-F does not inherently indicate financial performance changes. Similar filings in the past have resulted in stable or unchanged stock prices.

How important is it?

The annual report might provide insights but does not indicate drastic changes. Stakeholders typically expect this routine filing, affecting perceptions but not market reactions.

Why No Impact?

The report's filing is a routine disclosure and unlikely to influence future stock movement. Past filings have shown no significant stock volatility.

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May 19, 2025 04:22 ET  | Source: Magic Software Enterprises Ltd. OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (Nasdaq and TASE: MGIC) (“Magic Software” or the “Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on Wednesday, May 14, 2025. The annual report on Form 20-F, which contains Magic Software’s audited annual financial statements for 2024, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at https://www.magicsoftware.com/investors/annual-reports/. The Company will deliver a hard copy of its 2024 annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to Asaf Berenstin, Chief Financial Officer, at asafb@magicsoftware.com. About Magic Software Enterprises Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) is a global provider of end-to-end integration and application development platforms solutions and IT consulting services. To learn more about Formula, visit www.magicsoftware.com. Press Contact: Ronen PlatkevitzMagic Software Enterprisesir@magicsoftware.com 

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