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Formula Systems 1985 Ltd
Previous close
$87.27
Day range
$85.25 - $87.28
Year range
$58.29 - $87.70
Market cap
1.31B USD
Avg Volume
486.00
Market news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 699.93M | 6.89% |
Operating expense | 101.87M | 0.49% |
Net income | 23.62M | 51.44% |
Net profit margin | 3.37 | 41.60% |
Earnings per share | — | — |
EBITDA | 82.98M | 18.81% |
Effective tax rate | 21.15% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 510.85M | 8.90% |
Total assets | 2.85B | 7.28% |
Total liabilities | 1.49B | 4.09% |
Total equity | 1.36B | — |
Shares outstanding | 15.31M | — |
Price to book | 2.02 | — |
Return on assets | 6.40% | — |
Return on capital | 8.97% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 23.62M | 51.44% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Formula Systems Ltd. is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Polish software maker Asseco acquired a 50.2% stake in the company. Wikipedia
Founded
1985
Website
Employees
22,000
