XML 119 R105.htm IDEA: XBRL DOCUMENT
v3.23.1

Income Tax (Details) |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jan. 01, 2017 | Nov. 30, 2022 USD ($) | Nov. 30, 2022 ILS (₪) | Dec. 31, 2021 | Dec. 31, 2022 USD ($) | Dec. 31, 2021
Income Tax (Details) [Line Items] |  |  |  |  |  |
Taxable income percentage |  |  |  |  | 23.00% | 23.00%
Preferred tax rate percentage | 6.00% |  |  | 12.00% |  |
Tax rate percentage |  |  |  | 7.50% | 12.00% |
Lease percentage |  |  |  | 25.00% | 90.00% |
Total accumulated tax-exempt earnings amount |  | $ 7,100,000 | ₪ 25,022 |  |  |
Tax expenses |  | $ 711,000 | ₪ 2,502 |  |  |
Cash and cash equivalents (in Dollars) |  |  |  |  | $ 28,950,000 |
Operating loss carryforwards amount (in Dollars) |  |  |  |  | 10,150,000 |
England [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
Tax loss carryforwards (in Dollars) |  |  |  |  | 3,536,000 |
U.S [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
Tax loss carryforwards (in Dollars) |  |  |  |  | 7,741,000 |
Formula Telecom Solutions, Ltd. [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
Operating loss carryforwards amount (in Dollars) |  |  |  |  | $ 8,959,000 |
SPTE [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
Preferred tax rate percentage |  |  |  | 6.00% |  |
Tax rate percentage |  |  |  |  | 6.00% |
Top of range [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
Preferred tax rate percentage |  |  |  |  | 16.00% |
Bottom of range [Member] |  |  |  |  |  |
Income Tax (Details) [Line Items] |  |  |  |  |  |
(in Dollars) |  |  |  |  | $ 6 |

X
- Definition The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_55&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_CurrentRestrictedCashAndCashEquivalents
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to changes in the tax rate. [Refer: Accounting profit] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2022-03-24 -Paragraph 81 -Subparagraph c -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2022-en-r&anchor=para_81_c_i&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_TaxEffectFromChangeInTaxRate
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from a change in tax rate. [Refer: Average effective tax rate; Applicable tax rate] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2022-03-24 -Paragraph 81 -Subparagraph c -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2022-en-r&anchor=para_81_c_ii&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_TaxRateEffectFromChangeInTaxRate
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from tax losses. [Refer: Average effective tax rate; Applicable tax rate] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2022-03-24 -Paragraph 81 -Subparagraph c -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2022-en-r&anchor=para_81_c_ii&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_TaxRateEffectOfTaxLosses
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of accumulated tax exempt earnings. + References No definition available. + Details
Name: | mgic_AccumulatedTaxExemptEarnings
Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | mgic_IncomeTaxDetailsLineItems
Namespace Prefix: | mgic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lease percentage. + References No definition available. + Details
Name: | mgic_LeasePercentage
Namespace Prefix: | mgic_
Data Type: | dtr:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Operating loss carryforwards amount. + References No definition available. + Details
Name: | mgic_OperatingLossCarryforwardsAmount
Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Tax expenses. + References No definition available. + Details
Name: | mgic_TaxExpenses
Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Tax loss carryforwards. + References No definition available. + Details
Name: | mgic_TaxLossCarryforwards
Namespace Prefix: | mgic_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Taxable income percentage. + References No definition available. + Details
Name: | mgic_TaxableIncomePercentage
Namespace Prefix: | mgic_
Data Type: | dtr:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=country_GB
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=country_US
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=mgic_FormulaTelecomSolutionsLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_InterestRateBenchmarksAxis=mgic_SPTEMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |