FORTYFormula Systems (1985) Ltd.
$115.01+17% 1Y
$115.01
$98.2052 weeks$172.83
The financials
Formula Systems (1985) Ltd. by the numbers
Formula Systems (1985) Ltd. (FORTY) reported revenue of $394M in Q4 2018 (quarter ended Dec 31, 2018), up 13% from the same quarter a year earlier. That came with a gross margin of 23% and net income of $11M (2.7% of revenue). For the full year FY2024, revenue was $2.76B (+5.2% year on year) and net income $80M.
| Income statement | Q4 2018 | Q3 2017 | Change |
|---|---|---|---|
| Revenue | $394M | $349M | +13% |
| Gross profit | $89M | $77M | +15% |
| Operating income | $32M | $22M | +48% |
| Net income | $11M | $5.0M | +117% |
| Diluted EPS | $0.70 | $0.33 | +112% |
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