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Side-by-side financial comparison of MAGIC SOFTWARE ENTERPRISES LTD (MGIC) and Vroom, Inc. (VRM). 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 $235.9M, roughly 1.8× Vroom, Inc.). MAGIC SOFTWARE ENTERPRISES LTD runs the higher net margin — 8.4% vs -59.8%, a 68.2% gap on every dollar of revenue. MAGIC SOFTWARE ENTERPRISES LTD produced more free cash flow last quarter ($37.0M vs $-108.8M).
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.
Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.
MGIC vs VRM — Head-to-Head
Income Statement — Q3 FY2023 vs Q4 FY2023
| Metric | | |
|---|---|---|
| Revenue | $419.6M | $235.9M |
| Net Profit | $35.3M | $-141.1M |
| Gross Margin | 27.1% | 12.3% |
| Operating Margin | 11.3% | -11.5% |
| Net Margin | 8.4% | -59.8% |
| Revenue YoY | — | 12.9% |
| Net Profit YoY | — | -669.8% |
| EPS (diluted) | — | $-80.66 |
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 23 | — | $235.9M | ||
| Q3 23 | $419.6M | $235.6M | ||
| Q2 23 | $275.7M | $225.2M | ||
| Q1 23 | $138.7M | $196.5M | ||
| Q4 22 | — | $208.9M | ||
| Q3 22 | $347.3M | $340.8M | ||
| Q2 22 | $226.5M | $475.4M | ||
| Q1 22 | $107.3M | $923.8M |
| Q4 23 | — | $-141.1M | ||
| Q3 23 | $35.3M | $-82.7M | ||
| Q2 23 | $22.2M | $-66.0M | ||
| Q1 23 | $11.3M | $-74.7M | ||
| Q4 22 | — | $24.8M | ||
| Q3 22 | $26.6M | $-51.1M | ||
| Q2 22 | $17.9M | $-115.1M | ||
| Q1 22 | $8.8M | $-310.5M |
| Q4 23 | — | 12.3% | ||
| Q3 23 | 27.1% | 20.4% | ||
| Q2 23 | 26.9% | 20.4% | ||
| Q1 23 | 27.1% | 19.8% | ||
| Q4 22 | — | 14.1% | ||
| Q3 22 | 27.5% | 19.8% | ||
| Q2 22 | 27.8% | 14.0% | ||
| Q1 22 | 28.1% | 8.8% |
| Q4 23 | — | -11.5% | ||
| Q3 23 | 11.3% | -18.0% | ||
| Q2 23 | 11.3% | -23.4% | ||
| Q1 23 | 11.6% | -34.7% | ||
| Q4 22 | — | -37.2% | ||
| Q3 22 | 10.6% | -22.9% | ||
| Q2 22 | 11.0% | -21.0% | ||
| Q1 22 | 11.4% | -34.2% |
| Q4 23 | — | -59.8% | ||
| Q3 23 | 8.4% | -35.1% | ||
| Q2 23 | 8.1% | -29.3% | ||
| Q1 23 | 8.1% | -38.0% | ||
| Q4 22 | — | 11.9% | ||
| Q3 22 | 7.7% | -15.0% | ||
| Q2 22 | 7.9% | -24.2% | ||
| Q1 22 | 8.2% | -33.6% |
| Q4 23 | — | $-80.66 | ||
| Q3 23 | — | $-47.38 | ||
| Q2 23 | — | $-37.97 | ||
| Q1 23 | — | $-43.16 | ||
| Q4 22 | — | — | ||
| Q3 22 | $0.47 | $-0.37 | ||
| Q2 22 | $0.31 | $-0.83 | ||
| Q1 22 | $0.15 | $-2.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.1M | $135.6M |
| Total DebtLower is stronger | — | $454.2M |
| Stockholders' EquityBook value | $276.3M | $127.7M |
| Total Assets | $505.1M | $1.5B |
| Debt / EquityLower = less leverage | — | 3.56× |
8-quarter trend — quarters aligned by calendar period.
| Q4 23 | — | $135.6M | ||
| Q3 23 | $83.1M | $208.6M | ||
| Q2 23 | $83.1M | $237.9M | ||
| Q1 23 | $83.1M | $316.7M | ||
| Q4 22 | — | $398.9M | ||
| Q3 22 | $88.1M | $509.7M | ||
| Q2 22 | $88.1M | $532.6M | ||
| Q1 22 | $88.1M | $600.7M |
| Q4 23 | — | $454.2M | ||
| Q3 23 | — | $521.4M | ||
| Q2 23 | — | $544.9M | ||
| Q1 23 | — | $554.7M | ||
| Q4 22 | — | $402.2M | ||
| Q3 22 | — | $607.8M | ||
| Q2 22 | — | $674.3M | ||
| Q1 22 | — | $687.4M |
| Q4 23 | — | $127.7M | ||
| Q3 23 | $276.3M | $263.6M | ||
| Q2 23 | $276.3M | $343.4M | ||
| Q1 23 | $276.3M | $407.1M | ||
| Q4 22 | — | $479.8M | ||
| Q3 22 | $275.7M | $445.1M | ||
| Q2 22 | $275.7M | $495.1M | ||
| Q1 22 | $275.7M | $608.4M |
| Q4 23 | — | $1.5B | ||
| Q3 23 | $505.1M | $1.6B | ||
| Q2 23 | $505.1M | $1.6B | ||
| Q1 23 | $505.1M | $1.7B | ||
| Q4 22 | — | $1.6B | ||
| Q3 22 | $492.0M | $1.8B | ||
| Q2 22 | $492.0M | $2.1B | ||
| Q1 22 | $492.0M | $2.3B |
| Q4 23 | — | 3.56× | ||
| Q3 23 | — | 1.98× | ||
| Q2 23 | — | 1.59× | ||
| Q1 23 | — | 1.36× | ||
| Q4 22 | — | 0.84× | ||
| Q3 22 | — | 1.37× | ||
| Q2 22 | — | 1.36× | ||
| Q1 22 | — | 1.13× |
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 | $40.3M | $-108.1M |
| Free Cash FlowOCF − Capex | $37.0M | $-108.8M |
| FCF MarginFCF / Revenue | 8.8% | -46.1% |
| Capex IntensityCapex / Revenue | 0.8% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $98.8M | $-536.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 23 | — | $-108.1M | ||
| Q3 23 | $40.3M | $-193.5M | ||
| Q2 23 | $18.4M | $-147.1M | ||
| Q1 23 | $12.8M | $-85.0M | ||
| Q4 22 | — | $-86.0M | ||
| Q3 22 | $34.2M | $114.4M | ||
| Q2 22 | $28.0M | $-122.4M | ||
| Q1 22 | $15.9M | $-15.1M |
| Q4 23 | — | $-108.8M | ||
| Q3 23 | $37.0M | $-194.2M | ||
| Q2 23 | $16.2M | $-147.5M | ||
| Q1 23 | $12.5M | $-85.8M | ||
| Q4 22 | — | $-90.2M | ||
| Q3 22 | $33.2M | $110.5M | ||
| Q2 22 | $27.4M | $-131.4M | ||
| Q1 22 | $15.4M | $-22.2M |
| Q4 23 | — | -46.1% | ||
| Q3 23 | 8.8% | -82.4% | ||
| Q2 23 | 5.9% | -65.5% | ||
| Q1 23 | 9.0% | -43.7% | ||
| Q4 22 | — | -43.2% | ||
| Q3 22 | 9.6% | 32.4% | ||
| Q2 22 | 12.1% | -27.6% | ||
| Q1 22 | 14.3% | -2.4% |
| Q4 23 | — | 0.3% | ||
| Q3 23 | 0.8% | 0.3% | ||
| Q2 23 | 0.8% | 0.2% | ||
| Q1 23 | 0.2% | 0.4% | ||
| Q4 22 | — | 2.0% | ||
| Q3 22 | 0.3% | 1.2% | ||
| Q2 22 | 0.3% | 1.9% | ||
| Q1 22 | 0.5% | 0.8% |
| Q4 23 | — | — | ||
| Q3 23 | 1.14× | — | ||
| Q2 23 | 0.83× | — | ||
| Q1 23 | 1.13× | — | ||
| Q4 22 | — | -3.47× | ||
| Q3 22 | 1.28× | — | ||
| Q2 22 | 1.57× | — | ||
| Q1 22 | 1.80× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
