Inactive Instrument

Formula Systems (1985) Ltd. Stock TEL AVIV STOCK EXCHANGE

Equities

FORTY

IL0002560162

IT Services & Consulting

Financials

Sales 2021 2.4B 9.15B 3.29B Sales 2022 2.57B 9.79B 3.52B Capitalization 1.11B 4.23B 1.52B
Net income 2021 54M 206M 73.81M Net income 2022 81M 308M 111M EV / Sales 2021 0.86 x
Net Debt 2021 200M 763M 274M Net Debt 2022 203M 773M 278M 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 06-10-31
Director of Finance/CFO 46 11-10-31
Chief Operating Officer 46 16-08-31
Members of the board TitleAgeSince
Chief Executive Officer 56 06-10-31
Director/Board Member 52 19-01-03
Chairman 53 10-11-24
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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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