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Side-by-side financial comparison of Claritev Corp (CTEV) and MAGIC SOFTWARE ENTERPRISES LTD (MGIC). Click either name above to swap in a different company.
MAGIC SOFTWARE ENTERPRISES LTD is the larger business by last-quarter revenue ($419.6M vs $246.6M, roughly 1.7× Claritev Corp). MAGIC SOFTWARE ENTERPRISES LTD runs the higher net margin — 8.4% vs -32.7%, a 41.1% gap on every dollar of revenue. MAGIC SOFTWARE ENTERPRISES LTD produced more free cash flow last quarter ($37.0M vs $36.4M).
Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.
CTEV vs MGIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2023
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $419.6M |
| Net Profit | $-80.6M | $35.3M |
| Gross Margin | — | 27.1% |
| Operating Margin | -3.1% | 11.3% |
| Net Margin | -32.7% | 8.4% |
| Revenue YoY | 6.2% | — |
| Net Profit YoY | 41.6% | — |
| EPS (diluted) | $-4.88 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $246.6M | — | ||
| Q3 25 | $246.0M | — | ||
| Q2 25 | $241.6M | — | ||
| Q1 25 | $231.3M | — | ||
| Q4 24 | $232.1M | — | ||
| Q3 24 | $230.5M | — | ||
| Q2 24 | $233.5M | — | ||
| Q1 24 | $234.5M | — |
| Q4 25 | $-80.6M | — | ||
| Q3 25 | $-69.8M | — | ||
| Q2 25 | $-62.6M | — | ||
| Q1 25 | $-71.3M | — | ||
| Q4 24 | $-138.0M | — | ||
| Q3 24 | $-391.4M | — | ||
| Q2 24 | $-576.7M | — | ||
| Q1 24 | $-539.7M | — |
| Q4 25 | -3.1% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -146.7% | — | ||
| Q2 24 | -224.4% | — | ||
| Q1 24 | -207.4% | — |
| Q4 25 | -32.7% | — | ||
| Q3 25 | -28.4% | — | ||
| Q2 25 | -25.9% | — | ||
| Q1 25 | -30.8% | — | ||
| Q4 24 | -59.4% | — | ||
| Q3 24 | -169.8% | — | ||
| Q2 24 | -247.0% | — | ||
| Q1 24 | -230.1% | — |
| Q4 25 | $-4.88 | — | ||
| Q3 25 | $-4.23 | — | ||
| Q2 25 | $-3.81 | — | ||
| Q1 25 | $-4.38 | — | ||
| Q4 24 | $-8.49 | — | ||
| Q3 24 | $-24.25 | — | ||
| Q2 24 | $-35.78 | — | ||
| Q1 24 | $-33.40 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $83.1M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $276.3M |
| Total Assets | $4.9B | $505.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | — | ||
| Q3 25 | $39.2M | — | ||
| Q2 25 | $56.4M | — | ||
| Q1 25 | $23.1M | — | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $86.6M | — | ||
| Q2 24 | $48.8M | — | ||
| Q1 24 | $58.7M | — |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | — | ||
| Q3 25 | $-101.8M | — | ||
| Q2 25 | $-39.9M | — | ||
| Q1 25 | $14.8M | — | ||
| Q4 24 | $84.0M | — | ||
| Q3 24 | $207.6M | — | ||
| Q2 24 | $603.4M | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | $4.9B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $6.4B | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $40.3M |
| Free Cash FlowOCF − Capex | $36.4M | $37.0M |
| FCF MarginFCF / Revenue | 14.8% | 8.8% |
| Capex IntensityCapex / Revenue | 12.1% | 0.8% |
| Cash ConversionOCF / Net Profit | — | 1.14× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $98.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | — | ||
| Q3 25 | $19.9M | — | ||
| Q2 25 | $61.2M | — | ||
| Q1 25 | $-30.1M | — | ||
| Q4 24 | $-33.4M | — | ||
| Q3 24 | $72.8M | — | ||
| Q2 24 | $18.5M | — | ||
| Q1 24 | $49.7M | — |
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — | ||
| Q1 24 | $19.2M | — |
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — | ||
| Q1 24 | 8.2% | — |
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — | ||
| Q1 24 | 13.0% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
