Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · Real-Time Price · USD
108.02
+1.88 (1.77%)
Jul 31, 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 | 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 |
Cash & Equivalents | 1,182 | 1,280 | 507.8 | 451.95 | 544.34 | 485.39 |
Short-Term Investments | 0.99 | 0.37 | 55.4 | 76.22 | 24.71 | 27.07 |
Cash & Short-Term Investments | 1,183 | 1,280 | 563.2 | 528.17 | 569.06 | 512.46 |
Cash Growth | 124.55% | 127.36% | 6.63% | -7.18% | 11.04% | -3.89% |
Accounts Receivable | 844.56 | 774.47 | 803.24 | 721.01 | 702.73 | 696.32 |
Inventory | 36.3 | 30.25 | 30.73 | 42.01 | 35.18 | 21.22 |
Other Current Assets | 110.7 | 80.6 | 89.88 | 84.67 | 64.54 | 72.12 |
Total Current Assets | 2,174 | 2,166 | 1,487 | 1,376 | 1,371 | 1,302 |
Net Property, Plant & Equipment | 199.3 | 193.08 | 208.02 | 173.58 | 171.81 | 172.72 |
Other Intangible Assets | 819.13 | 147.62 | 217.08 | 206.93 | 222.73 | 1,175 |
Goodwill | - | 646.24 | 975.08 | 936.58 | 926.16 | - |
Long-Term Investments | 418.28 | 403.58 | 93.83 | 72.8 | 59.73 | 52.58 |
Other Long-Term Assets | 26.97 | 26.92 | 33.85 | 46.86 | 42.03 | 46.36 |
Total Assets | 3,638 | 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 | 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 |
Accounts Payable | 367.13 | 368.32 | 296.21 | 258.65 | 222.48 | 205.84 |
Accrued Expenses | 236.12 | 235.71 | 234.85 | 209.38 | 201.23 | 207.55 |
Current Portion of Long-Term Debt | 319.27 | 254.6 | 228.56 | 218.86 | 226.18 | 224.15 |
Current Portion of Leases | 43.57 | 42.9 | 45.24 | 44.06 | 45.5 | 41.66 |
Unearned Revenue | 185.57 | 157.55 | 173.96 | 137.64 | 131.64 | 140.66 |
Other Current Liabilities | 140.22 | 271.27 | 159.66 | 117.07 | 173.97 | 127.74 |
Total Current Liabilities | 1,292 | 1,330 | 1,138 | 985.66 | 1,001 | 947.6 |
Long-Term Debt | 212.87 | 186.97 | 250.82 | 322.43 | 421.51 | 362.26 |
Long-Term Leases | 105.76 | 107.81 | 119.59 | 84.64 | 78.97 | 84.84 |
Other Long-Term Liabilities | 203.57 | 180.35 | 116.67 | 111.69 | 115.57 | 174.08 |
Total Long-Term Liabilities | 522.21 | 475.12 | 487.08 | 518.75 | 616.05 | 621.18 |
Total Liabilities | 1,814 | 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 | 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 |
Common Stock | - | 4.35 | 4.35 | 4.35 | 4.35 | 4.34 |
Treasury Stock | - | -0.26 | -0.26 | -0.26 | -0.26 | -0.26 |
Additional Paid-in Capital | - | 166.24 | 152.65 | 157.48 | 145.37 | 153.05 |
Accumulated Other Comprehensive Income | - | 77.34 | -13.42 | -11.03 | -17.03 | 25.52 |
Retained Earnings | - | 1,106 | 536.01 | 475.22 | 419.45 | 358.32 |
Total Common Shareholders' Equity | 1,385 | 1,353 | 679.34 | 625.76 | 551.88 | 540.96 |
Minority Interest | 439.15 | 424.54 | 710.01 | 682.42 | 625.05 | 638.83 |
Shareholders' Equity | 1,824 | 1,778 | 1,389 | 1,308 | 1,177 | 1,180 |
Total Liabilities & Equity | 3,638 | 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 | 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 |
Total Debt | 681.48 | 592.26 | 644.21 | 669.99 | 772.14 | 712.91 |
Net Cash (Debt) | 501.43 | 688.23 | -81.01 | -141.82 | -203.09 | -200.45 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | 31.72 | 43.59 | -5.18 | -9.15 | -13.10 | -13.01 |
Book Value | 1,385 | 1,353 | 679.34 | 625.76 | 551.88 | 540.96 |
Book Value Per Share | 87.60 | 85.72 | 43.45 | 40.38 | 35.60 | 35.12 |
Tangible Book Value | 565.78 | 559.4 | -512.82 | -517.75 | -597.01 | -633.83 |
Tangible Book Value Per Share | 35.79 | 35.43 | -32.80 | -33.41 | -38.51 | -41.15 |