Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · IEX Real-Time Price · USD
76.80
+0.95 (1.25%)
May 3, 2024, 4:00 PM EDT - Market closed

Formula Systems (1985) Revenue

In the year 2023, Formula Systems (1985) had annual revenue of $2.62B with 1.89% growth. Revenue in the quarter ending December 31, 2023 was $640.29M, a -2.55% decrease year-over-year.

Revenue (ttm)
$2.62B
Revenue Growth
+1.89%
P/S Ratio
0.45
Revenue / Employee
$118,813
Employees
22,059
Market Cap
1.18B 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

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