Formula Systems (1985) Ltd. (FORTY)

Formula Systems (1985) Employees

Formula Systems (1985) had 21,900 employees as of December 31, 2023. The number of employees decreased by 159 or -0.72% compared to the previous year.

• Employees: 21,900
• Change (1Y): -159
• Growth (1Y): -0.72%
• Revenue / Employee: $120,955
• Profits / Employee: $2,990
• Market Cap: 1.20B

Employees History

Date	Employees	Change	Growth
Dec 31, 2023	21,900	-159	-0.72%
Dec 31, 2022	22,059	1,726	8.49%
Dec 31, 2021	20,333	1,876	10.16%
Dec 31, 2020	18,457	1,079	6.21%
Dec 31, 2019	17,378	2,277	15.08%
Dec 31, 2018	15,101	624	4.31%
Dec 31, 2017	14,477	2,255	18.45%
Dec 31, 2016	12,222	1,241	11.30%
Dec 31, 2015	10,981	873	8.64%
Dec 31, 2014	10,108	1,350	15.41%
Dec 31, 2013	8,758	461	5.56%
Dec 31, 2012	8,297	631	8.23%
Dec 31, 2011	7,666	2,327	43.58%
Dec 31, 2010	5,339	447	9.14%
Dec 31, 2009	4,892	-13	-0.27%
Dec 31, 2008	4,905	-45	-0.91%
Dec 31, 2007	4,950	-1,010	-16.95%
Dec 31, 2006	5,960	10	0.17%
Dec 31, 2005	5,950	650	12.26%
Dec 31, 2004	5,300	1,800	51.43%
Dec 31, 2003	3,500	0	-
Dec 31, 2002	3,500	-	-

Sources: Annual number of employees according to filings submitted to the U.S. Securities and Exchange Commission (SEC). Data is also manually gathered from company press releases, IPO filings, and other official sources.