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FORTY Financials FORMULA SYSTEMS (1985) LTD

11 years of revenue, profit, cash flow and balance-sheet history through FY2021, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 6.4% per year over the past 5 years.
  • Net income has grown faster than revenue (22.4% vs 6.4% per year).
  • Free cash flow has grown 1.4% per year over the past 5 years.

Financial health

  • Total debt has grown in line with revenue (4.1% vs 6.4% per year).
Revenue & net income
$0 $398M $796M 2009 2011 2013 2015 2019 2021
RevenueNet income
Margins (gross / operating / net)
0% 12% 25% 2009 2011 2013 2015 2019 2021
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $34M $68M 2009 2011 2013 2015 2019 2021
Free cash flow
Cash vs total debt
$0 $66M $133M 2009 2011 2013 2015 2019 2021
CashTotal debt
Cash flow: operating / investing / financing
-$68M $3M $73M $0 2009 2011 2013 2015 2019 2021
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2021 $142M
2020 $114M
2019 $94M
2018 $77M
2015 $751M $92M 19.8% 6.2% $49M $58M $133M
2014 $636M $95M 16.7% 5.5% $13M $0 $107M
2013 $796M $106M 24.2% 7.6% $62M $0 $82M
2012 $743M $46M 24.0% 7.4% $68M $16M $111M
2011 $641M $63M 23.1% 7.7% $17M $47M $88M
2010 $550M $35M 25.0% 8.5% $46M $48M $111M
2009 $469M $33M 24.9% 7.9% $53M $100M

Frequently asked questions

Is FORTY growing its revenue and profit?

Over the past 5 years, FORMULA SYSTEMS (1985) LTD's revenue has grown 6.4% per year, and net income grown 22.4% per year. These are computed facts, not advice.

How much debt does FORTY have?

As of FY2021, FORMULA SYSTEMS (1985) LTD reported — of total debt against — of cash.

What is FORTY's profit margin?

In FY2021, gross margin was —, operating margin —, and net margin —.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.