Audit Information	12 Months Ended
Dec. 31, 2024
Auditor [Table]
Auditor Name	Ziv Haft
Auditor Firm ID	1185
Auditor Location	Israel
Auditor Opinion [Text Block]	Opinion on the Financial Statements We have audited the accompanying consolidated statement of financial position of Magic Software Enterprises Ltd. (the “Company”) as of December 31, 2024, the related consolidated statements of profit or loss, comprehensive income, changes in equity and cash flow for the year ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024, and the results of its operations and its cash flow for the year ended December 31, 2024, in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and our report dated May 14, 2025 expressed an adverse opinion thereon.

1185

Opinion on the Financial Statements

We have audited the accompanying consolidated statement of financial position of Magic Software Enterprises Ltd. (the “Company”) as of December 31, 2024, the related consolidated statements of profit or loss, comprehensive income, changes in equity and cash flow for the year ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024, and the results of its operations and its cash flow for the year ended December 31, 2024, in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and our report dated May 14, 2025 expressed an adverse opinion thereon.