Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · Real-Time Price · USD
133.00
+0.46 (0.35%)
Jun 1, 2026, 2:11 PM EDT - Market open
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,887 | - | - | - | 2,572 | 2,404 | |
Revenue Growth (YoY) | 19.83% | - | - | - | 6.99% | 24.33% |
Cost of Revenue | 2,279 | - | - | - | 1,950 | 1,841 |
Gross Profit | 607.35 | 519.16 | 445.76 | 421.2 | 622.47 | 563.86 |
Selling, General & Admin | 348.11 | 311.99 | 249.72 | 248.66 | 317.96 | 289.99 |
Research & Development | 39.21 | 20.02 | 18.08 | 14.49 | 72.13 | 65.86 |
Other Operating Expenses | 26.01 | 9.23 | 5.37 | - | -44.26 | - |
Total Operating Expenses | 413.33 | 341.24 | 273.16 | 263.16 | 345.83 | 355.84 |
Operating Income | 246.04 | 196.38 | 183.33 | 158.04 | 276.64 | 208.02 |
Interest Income | - | 13.6 | 10.45 | 10.86 | 7.29 | 5.99 |
Other Non-Operating Income (Expense) | 46.79 | 63.59 | 34.92 | 35.65 | 27.22 | 29.99 |
Total Non-Operating Income (Expense) | 46.79 | 77.19 | 45.38 | 46.5 | 34.5 | 35.98 |
Pretax Income | 199.26 | 273.56 | 228.71 | 204.55 | 311.14 | 244 |
Provision for Income Taxes | 48.45 | 40.46 | 38.77 | 31.83 | 55.24 | 42.61 |
Net Income | 622.8 | 606.48 | 79.67 | 64.01 | 81.39 | 54.59 |
Minority Interest in Earnings | 94.1 | 62.59 | 114.12 | 101.72 | 118.27 | 87.32 |
Earnings From Discontinued Operations | - | 559.48 | 71.62 | 63.54 | - | - |
Net Income to Common | 622.8 | 606.48 | 79.67 | 64.01 | 81.39 | 54.59 |
Net Income Growth | 661.12% | 661.24% | 24.46% | -21.35% | 49.11% | 16.69% |
Shares Outstanding (Basic) | 15 | 15 | 15 | 15 | 15 | 15 |
Shares Outstanding (Diluted) | 16 | 16 | 16 | 15 | 16 | 15 |
Shares Change (YoY) | 0.85% | 0.96% | 0.89% | -0.03% | 1.38% | - |
EPS (Basic) | 40.69 | 39.63 | 5.22 | 4.19 | 5.31 | 3.57 |
EPS (Diluted) | 39.31 | 38.39 | 5.09 | 4.12 | 5.21 | 3.50 |
EPS Growth | 653.06% | 654.22% | 23.54% | -20.92% | 48.86% | 16.28% |
Shares Outstanding | 15.33 | 15.33 | 15.33 | 15.33 | 15.32 | 15.29 |
Free Cash Flow | - | 365.86 | 308.01 | 278.29 | 217.07 | 191.74 |
Free Cash Flow Growth | - | 18.78% | 10.68% | 28.20% | 13.21% | -29.38% |
Free Cash Flow Per Share | - | 23.17 | 19.70 | 17.96 | 14.00 | 12.54 |
Dividends Per Share | - | - | 1.570 | 1.260 | 0.620 | 1.560 |
Dividend Growth | - | - | 24.60% | 103.23% | -60.26% | 32.20% |
Gross Margin | 21.04% | - | - | - | 24.20% | 23.45% |
Operating Margin | 8.52% | - | - | - | 10.75% | 8.65% |
Profit Margin | 23.90% | - | - | - | 7.76% | 5.90% |
FCF Margin | - | - | - | - | 8.44% | 7.97% |
EBITDA | 246.04 | 348.89 | 298.83 | 279.88 | 391.95 | 330.2 |
EBITDA Margin | 8.52% | - | - | - | 15.24% | 13.73% |
EBIT | 246.04 | 196.38 | 183.33 | 158.04 | 276.64 | 208.02 |
EBIT Margin | 8.52% | - | - | - | 10.75% | 8.65% |
Effective Tax Rate | 24.32% | 14.79% | 16.95% | 15.56% | 17.75% | 17.46% |