FORTY
Formula Systems (1985)
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About FORTY
Formula Systems (1985) Ltd.
A global information technology group that provides software consulting services, computer-based business solutions and developing proprietary software products
Information Technology Services
04/02/1985
10/24/1997
NASDAQ Stock Exchange
21900
12-31
Depository Receipts (Ordinary Shares)
Yahadut Canada 1 Street, Or Yehuda 6037501, Israel
Global IT solutions and services.
Formula Systems (1985) Ltd., was incorporated in Israel on April 2, 1985. It is a global IT solutions and services company headquartered in Israel. The company is principally engaged in providing software consulting services, developing proprietary software products, and providing computer-based business solutions. The company provides solutions to clients' complex IT service needs in more than 50 countries around the world, including some Fortune 1000 companies. The company operates through its three directly controlled subsidiaries: Matrix, Magic Software and Sapiens.
Company Financials
EPS
FORTY has released its 2023 Q3 earnings. EPS was reported at 1.00, versus the expected 0.00, beating expectations. The chart below visualizes how FORTY has performed over recent quarters, highlighting trends in earnings surprises.
Revenue & Expenses
FORTY has released its 2024 Q4 earnings report, with revenue of 691.50M, reflecting a YoY change of 8.00%, and net profit of 51.05M, showing a YoY change of 25.80%. The Sankey diagram below clearly presents FORTY’s revenue sources and cost distribution.
Forecast
Wall Street Opinions
Price Target
Volume Profile
Trade Flow Insight
Seasonals
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