Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · IEX Real-Time Price · USD
71.96
+0.71 (1.00%)
At close: Jul 1, 2024, 12:00 AM
70.06
-1.90 (-2.64%)
After-hours: Jul 2, 2024, 4:00 PM EDT

Formula Systems (1985) Revenue

Formula Systems (1985) had revenue of $2.65B in the twelve months ending March 31, 2024, with 2.19% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $698.40M with 4.18% year-over-year growth. In the year 2023, Formula Systems (1985) had annual revenue of $2.62B with 1.89% growth.

Revenue (ttm)
$2.65B
Revenue Growth
+2.19%
P/S Ratio
0.42
Revenue / Employee
$120,955
Employees
21,900
Market Cap
1.10B USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 20232.62B48.55M1.89%
Dec 31, 20222.57B167.98M6.99%
Dec 31, 20212.40B470.46M24.33%
Dec 31, 20201.93B232.80M13.69%
Dec 31, 20191.70B208.13M13.94%
Dec 31, 20181.49B137.85M10.17%
Dec 31, 20171.36B246.52M22.24%
Dec 31, 20161.11B135.43M13.92%
Dec 31, 2015973.19M336.78M52.92%
Dec 31, 2014636.42M-159.46M-20.04%
Dec 31, 2013795.88M52.90M7.12%
Dec 31, 2012742.98M102.36M15.98%
Dec 31, 2011640.62M90.92M16.54%
Dec 31, 2010549.69M80.30M17.11%
Dec 31, 2009469.39M-33.85M-6.73%
Dec 31, 2008503.24M88.52M21.34%
Dec 31, 2007414.72M-2.08M-0.50%
Dec 31, 2006416.81M50.97M13.93%
Dec 31, 2005365.84M-29.42M-7.44%
Dec 31, 2004395.26M28.43M7.75%
Dec 31, 2003366.83M83.52M29.48%
Dec 31, 2002283.31M-104.37M-26.92%
Dec 31, 2001387.68M-14.79M-3.67%
Dec 31, 2000402.47M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition