Inactive Instrument

Formula Systems (1985) Ltd. Share Price TEL AVIV STOCK EXCHANGE

Equities

FORTY

IL0002560162

IT Services & Consulting

Financials

Sales 2021 2.4B 8.94B 192B Sales 2022 2.57B 9.56B 205B Capitalization 1.11B 4.13B 88.81B
Net income 2021 54M 201M 4.31B Net income 2022 81M 301M 6.47B EV / Sales 2021 0.86 x
Net Debt 2021 200M 745M 16.01B Net Debt 2022 203M 755M 16.22B EV / Sales 2022 0.51 x
P/E ratio 2021
34.9 x
P/E ratio 2022
13.9 x
Employees -
Yield 2021
1.28%
Yield 2022
0.85%
Free-Float 59.87%
More Fundamentals * Assessed data
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Managers TitleAgeSince
Chief Executive Officer 56 31/10/06
Director of Finance/CFO 46 31/10/11
Chief Operating Officer 46 31/08/16
Members of the board TitleAgeSince
Chief Executive Officer 56 31/10/06
Director/Board Member 52 03/01/19
Chairman 53 24/11/10
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Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.
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