Also trades as: FORTY.TA (TLV) · $vol 2M
FORTY NASDAQ
Formula Systems (1985) Ltd.
1W: -2.6%
1M: -10.9%
3M: +3.2%
YTD: -32.9%
1Y: -19.9%
3Y: +58.0%
5Y: +15.7%
$112.00
-1.50 (-1.32%)
Weekly Expected Move ±3.1%
$105
$108
$112
$116
$119
Overview
Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Revenue Segmentation
By Product / Service
By Geography
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$2.6B
-4.0% ▼
5Y CAGR: +6.5%
Gross Profit
$523M
-23.5% ▼
5Y CAGR: +3.2%
Operating Income
$189M
-30.3% ▼
5Y CAGR: +2.0%
Net Income
$611M
+667.3% ▲
5Y CAGR: +67.2%
EPS (Diluted)
$38.72
+660.7% ▲
5Y CAGR: +66.7%
EBITDA
$189M
-51.1% ▼
5Y CAGR: -6.6%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.6B | $2.6B | $2.8B | $2.6B |
| YoY Growth | +24.4% | +6.9% | +1.9% | +5.2% | -4.0% |
| Cost of Revenue | $1.8B | $1.9B | $2.0B | $2.1B | $2.1B |
| Gross Profit | $564M | $622M | $644M | $684M | $523M |
| Gross Margin | 23.4% | 24.2% | 24.6% | 24.8% | 19.8% |
| R&D Expenses | $66M | $72M | $78M | $84M | $20M |
| SG&A Expenses | $290M | $318M | $326M | $335M | $314M |
| Operating Expenses | $356M | $346M | $404M | $414M | $335M |
| Operating Income | $208M | $277M | $239M | $271M | $189M |
| Operating Margin | 8.6% | 10.8% | 9.1% | 9.8% | 7.1% |
| Interest Expense | $26M | $25M | $38M | $22M | $50M |
| Income Before Tax | $185M | $255M | $212M | $250M | $151M |
| Tax Expense | $43M | $55M | $46M | $57M | $41M |
| Net Income | $55M | $81M | $64M | $80M | $611M |
| Net Margin | 2.3% | 3.2% | 2.4% | 2.9% | 23.1% |
| EPS (Diluted) | $3.50 | $5.21 | $4.12 | $5.09 | $38.72 |
| EBITDA | $333M | $397M | $371M | $386M | $189M |
| Shares Outstanding | 15M | 16M | 15M | 16M | 16M |