Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · Real-Time Price · USD
124.00
0.00 (0.00%)
Sep 10, 2026, 4:00 PM EDT - Market closed
Formula Systems (1985) Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash & Equivalents | 863.79 | 1,280 | 507.8 | 451.95 | 544.34 | 485.39 |
Short-Term Investments | 0.75 | 0.37 | 55.4 | 76.22 | 23.98 | 25.92 |
Trading Asset Securities | - | - | - | - | 0.74 | 1.14 |
Cash & Short-Term Investments | 864.54 | 1,280 | 563.2 | 528.17 | 569.06 | 512.46 |
Cash Growth | 112.85% | 127.36% | 6.63% | -7.18% | 11.04% | -3.89% |
Accounts Receivable | 947.33 | 774.47 | 803.24 | 721.01 | 702.73 | 696.32 |
Other Receivables | - | 36.38 | 41.89 | 43.99 | 22.35 | 23.25 |
Receivables | 947.33 | 810.85 | 845.12 | 765 | 725.07 | 719.57 |
Inventory | 51.79 | 30.25 | 30.73 | 42.01 | 35.18 | 21.22 |
Prepaid Expenses | 104.18 | 44.23 | 48 | 40.68 | 42.19 | 48.87 |
Total Current Assets | 1,968 | 2,166 | 1,487 | 1,376 | 1,371 | 1,302 |
Property, Plant & Equipment | 213.71 | 192.58 | 207.44 | 173.04 | 171.65 | 172.5 |
Long-Term Investments | 424.25 | 353.46 | 43.9 | 45.23 | 35.47 | 29.62 |
Goodwill | - | 646.24 | 975.08 | 936.58 | 926.16 | 932.85 |
Other Intangible Assets | 871.11 | 148.11 | 217.66 | 207.47 | 222.89 | 242.15 |
Long-Term Accounts Receivable | - | 0.1 | 7.92 | 7.83 | 5.38 | 2.96 |
Long-Term Deferred Tax Assets | 29.07 | 26.92 | 33.85 | 46.86 | 42.03 | 46.36 |
Other Long-Term Assets | - | 50.02 | 42.01 | 19.74 | 18.88 | 20 |
Total Assets | 3,506 | 3,583 | 3,015 | 2,813 | 2,794 | 2,749 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 371.66 | 368.32 | 296.21 | 258.65 | 222.48 | 205.84 |
Accrued Expenses | 242.64 | 431.52 | 332.89 | 282.51 | 287.57 | 287.96 |
Short-Term Debt | - | 118.27 | 88 | 64.68 | 70 | 86.38 |
Current Portion of Long-Term Debt | 289.57 | 136.33 | 140.57 | 154.18 | 156.17 | 137.77 |
Current Portion of Leases | 45.72 | 42.9 | 45.24 | 44.06 | 45.5 | 41.66 |
Current Unearned Revenue | 197.96 | 157.55 | 173.96 | 137.64 | 131.64 | 140.66 |
Other Current Liabilities | 185.87 | 75.45 | 61.61 | 43.94 | 87.63 | 47.33 |
Total Current Liabilities | 1,333 | 1,330 | 1,138 | 985.66 | 1,001 | 947.6 |
Long-Term Debt | 222.04 | 186.97 | 250.82 | 322.43 | 421.51 | 362.26 |
Long-Term Leases | 113.28 | 107.81 | 119.59 | 84.64 | 78.97 | 84.84 |
Long-Term Unearned Revenue | 15.32 | 16.46 | 12.52 | 4.87 | 8.86 | 17.76 |
Pension & Post-Retirement Benefits | 5.48 | 5.55 | 10.24 | 10.43 | 9.12 | 12.64 |
Long-Term Deferred Tax Liabilities | 87.87 | 83.43 | 42.89 | 59.21 | 59.47 | 78.14 |
Other Long-Term Liabilities | 72.54 | 74.92 | 51.01 | 37.18 | 38.13 | 65.55 |
Total Liabilities | 1,850 | 1,805 | 1,626 | 1,504 | 1,617 | 1,569 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 1,206 | 4.35 | 4.35 | 4.35 | 4.35 | 4.34 |
Additional Paid-In Capital | - | 166.24 | 152.65 | 157.48 | 145.37 | 153.05 |
Retained Earnings | - | 1,106 | 536.01 | 475.22 | 419.45 | 358.32 |
Treasury Stock | - | -0.26 | -0.26 | -0.26 | -0.26 | -0.26 |
Comprehensive Income & Other | - | 77.34 | -13.42 | -11.03 | -17.03 | 25.52 |
Total Common Equity | 1,206 | 1,353 | 679.34 | 625.76 | 551.88 | 540.96 |
Minority Interest | 449.96 | 424.54 | 710.01 | 682.42 | 625.05 | 638.83 |
Shareholders' Equity | 1,656 | 1,778 | 1,389 | 1,308 | 1,177 | 1,180 |
Total Liabilities & Equity | 3,506 | 3,583 | 3,015 | 2,813 | 2,794 | 2,749 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 670.6 | 592.26 | 644.21 | 669.99 | 772.14 | 712.91 |
Net Cash (Debt) | 193.94 | 688.23 | -81.01 | -141.82 | -203.09 | -200.45 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | 12.25 | 43.59 | -5.18 | -9.15 | -13.10 | -13.01 |
Filing Date Shares Outstanding | 15.32 | 15.33 | 15.33 | 15.33 | 15.33 | 15.32 |
Total Common Shares Outstanding | 15.32 | 15.33 | 15.33 | 15.33 | 15.32 | 15.29 |
Working Capital | 634.43 | 835.49 | 348.57 | 390.19 | 370.51 | 354.52 |
Book Value Per Share | 78.74 | 88.26 | 44.31 | 40.81 | 36.03 | 35.37 |
Tangible Book Value | 334.99 | 558.91 | -513.4 | -518.29 | -597.17 | -634.05 |
Tangible Book Value Per Share | 21.87 | 36.45 | -33.48 | -33.80 | -38.99 | -41.46 |
Machinery | - | 132.87 | 148.24 | 142.62 | 147.47 | 153.64 |
Leasehold Improvements | - | 44.54 | 48.28 | 43.13 | 42.82 | 41.91 |