Formula Systems (1985) Ltd. (TLV: FORTY)
Israel
· Delayed Price · Currency is ILS · Price in ILA34,020
-780 (-2.24%)
Dec 19, 2024, 5:24 PM IDT
Formula Systems (1985) Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 2,706 | 2,621 | 2,572 | 2,404 | 1,934 | 1,701 | Upgrade
|
| Revenue Growth (YoY) | 2.60% | 1.89% | 6.99% | 24.33% | 13.69% | 13.94% | Upgrade
|
| Cost of Revenue | 2,042 | 1,977 | 1,950 | 1,841 | 1,486 | 1,315 | Upgrade
|
| Gross Profit | 664.78 | 643.71 | 622.47 | 563.86 | 447.43 | 386.05 | Upgrade
|
| Selling, General & Admin | 331.62 | 326.38 | 317.96 | 289.99 | 224.19 | 200.87 | Upgrade
|
| Research & Development | 81.37 | 77.97 | 72.13 | 65.86 | 52.6 | 46.69 | Upgrade
|
| Other Operating Expenses | -0.71 | - | - | - | - | - | Upgrade
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| Operating Expenses | 412.29 | 404.34 | 390.09 | 355.84 | 276.79 | 247.56 | Upgrade
|
| Operating Income | 252.5 | 239.37 | 232.38 | 208.02 | 170.64 | 138.49 | Upgrade
|
| Interest Expense | -25.78 | -29.66 | -18.43 | -18.07 | -18.78 | -16.2 | Upgrade
|
| Interest & Investment Income | 13.8 | 13.8 | 5.82 | 5.99 | 2.56 | 3.83 | Upgrade
|
| Earnings From Equity Investments | 0.47 | 0.77 | -1.81 | 0.51 | 1.54 | 1.79 | Upgrade
|
| Other Non Operating Income (Expenses) | -11.7 | -11.7 | -7.7 | -8.39 | -6.93 | -5.18 | Upgrade
|
| EBT Excluding Unusual Items | 229.28 | 212.58 | 210.26 | 188.06 | 149.03 | 122.72 | Upgrade
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| Merger & Restructuring Charges | -0.78 | -0.78 | -1.08 | -3.54 | -3.74 | -1.06 | Upgrade
|
| Gain (Loss) on Sale of Investments | 6.5 | - | - | - | - | -0.04 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | 44.26 | - | - | - | Upgrade
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| Other Unusual Items | - | - | 1.47 | - | - | - | Upgrade
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| Pretax Income | 235.01 | 211.81 | 254.9 | 184.52 | 145.29 | 121.62 | Upgrade
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| Income Tax Expense | 51.69 | 46.08 | 55.24 | 42.61 | 31.27 | 27.2 | Upgrade
|
| Earnings From Continuing Operations | 183.32 | 165.73 | 199.67 | 141.9 | 114.02 | 94.42 | Upgrade
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| Minority Interest in Earnings | -107.99 | -101.72 | -118.27 | -87.32 | -67.25 | -55.6 | Upgrade
|
| Net Income | 75.33 | 64.01 | 81.39 | 54.59 | 46.78 | 38.82 | Upgrade
|
| Net Income to Common | 75.33 | 64.01 | 81.39 | 54.59 | 46.78 | 38.82 | Upgrade
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| Net Income Growth | 18.37% | -21.35% | 49.11% | 16.69% | 20.49% | 19.94% | Upgrade
|
| Shares Outstanding (Basic) | 15 | 15 | 15 | 15 | 15 | 15 | Upgrade
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| Shares Outstanding (Diluted) | 16 | 15 | 16 | 15 | 15 | 15 | Upgrade
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| Shares Change (YoY) | 0.60% | -0.03% | 0.64% | 0.73% | -0.32% | -1.48% | Upgrade
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| EPS (Basic) | 4.92 | 4.18 | 5.32 | 3.57 | 3.06 | 2.56 | Upgrade
|
| EPS (Diluted) | 4.83 | 4.12 | 5.21 | 3.50 | 3.01 | 2.44 | Upgrade
|
| EPS Growth | 18.72% | -20.91% | 48.73% | 16.56% | 23.12% | 13.92% | Upgrade
|
| Free Cash Flow | - | 278.29 | 217.07 | 191.74 | 271.49 | 173.7 | Upgrade
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| Free Cash Flow Per Share | - | 17.96 | 14.00 | 12.45 | 17.75 | 11.32 | Upgrade
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| Dividend Per Share | 1.271 | 1.260 | 0.620 | 1.560 | 1.180 | 0.980 | Upgrade
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| Dividend Growth | 110.72% | 103.23% | -60.26% | 32.20% | 20.41% | 188.24% | Upgrade
|
| Gross Margin | 24.56% | 24.56% | 24.20% | 23.45% | 23.14% | 22.69% | Upgrade
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| Operating Margin | 9.33% | 9.13% | 9.03% | 8.65% | 8.82% | 8.14% | Upgrade
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| Profit Margin | 2.78% | 2.44% | 3.16% | 2.27% | 2.42% | 2.28% | Upgrade
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| Free Cash Flow Margin | - | 10.62% | 8.44% | 7.97% | 14.04% | 10.21% | Upgrade
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| EBITDA | 301.38 | 287.19 | 278.79 | 287.1 | 231.74 | 191.89 | Upgrade
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| EBITDA Margin | 11.14% | 10.96% | 10.84% | 11.94% | 11.98% | 11.28% | Upgrade
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| D&A For EBITDA | 48.88 | 47.82 | 46.41 | 79.08 | 61.1 | 53.4 | Upgrade
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| EBIT | 252.5 | 239.37 | 232.38 | 208.02 | 170.64 | 138.49 | Upgrade
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| EBIT Margin | 9.33% | 9.13% | 9.03% | 8.65% | 8.82% | 8.14% | Upgrade
|
| Effective Tax Rate | 21.99% | 21.75% | 21.67% | 23.09% | 21.52% | 22.36% | Upgrade
|
| Revenue as Reported | 2,621 | 2,621 | 2,572 | 2,404 | 1,934 | 1,701 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.