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Formula Systems (1985) Ltd. (TLV:FORTY)
Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
47,830
+1,190 (2.55%)
Oct 16, 2025, 5:24 PM IDT

Revenue by Product

Millions ILA. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024FY 2023FY 2022FY 2021FY 20202003 - 2019
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2003 - 2019
Matrix
5.56B
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Matrix Growth
6.36%
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Magic Software
2.04B
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Magic Software Growth
3.88%
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Sapiens
2.01B
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Sapiens Growth
5.79%
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Michpal
159.02M
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Michpal Growth
16.82%
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ZAP Group
140.92M
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ZAP Group Growth
-15.63%
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Reconciling Items
-322.29M
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Reconciling Items Growth
8.91%
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Other
630.45M
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Other Growth
9.12%
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Revenue by Geography

Millions ILA. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024FY 2023FY 2022FY 2021FY 20202003 - 2019
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2003 - 2019
Israel
6.46B
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Israel Growth
9.42%
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United States
2.27B
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United States Growth
-4.72%
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Europe
1.24B
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Europe Growth
7.13%
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Africa
99.70M
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Africa Growth
3.84%
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Other (mainly Asia Pacific)
86.19M
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Other (mainly Asia Pacific) Growth
5.16%
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Japan
50.63M
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Japan Growth
15.55%
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