Formula Systems (1985) Ltd
FORTYNasdaqCIK 1045986TechnologyFiscal year ends Dec 31
Revenue is not reported in this company’s XBRL financial statements.
Latest quarter: not reported
Last eight quarters
Full statements| Line item | Unit | Shape over the periods |
|---|---|---|
| Revenue | $ | |
| Gross margin | % | |
| Operating margin | % | |
| Net margin | % | |
| Diluted EPS | $ per share | |
| Free cash flow | $ |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20202020-12-31 | FY20212021-12-31 | FY20222022-12-31 | FY20232023-12-31 | FY20242024-12-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $m | 1,934Revenue, FY2020, twelve months to 2020-12-31$1.93bn. XBRL concept ifrs-full:Revenue. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 2,404Revenue, FY2021, twelve months to 2021-12-31$2.40bn. XBRL concept ifrs-full:Revenue. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | 2,572Revenue, FY2022, twelve months to 2022-12-31$2.57bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 2,621Revenue, FY2023, twelve months to 2023-12-31$2.62bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 2,758Revenue, FY2024, twelve months to 2024-12-31$2.76bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | |
| Gross margin | % | 23.1%Gross margin, FY2020, twelve months to 2020-12-31. gross profit / revenueGross profit: $447.4m. XBRL concept ifrs-full:GrossProfit. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Revenue: $1.93bn. XBRL concept ifrs-full:Revenue. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 23.5%Gross margin, FY2021, twelve months to 2021-12-31. gross profit / revenueGross profit: $563.9m. XBRL concept ifrs-full:GrossProfit. 20-F filed 2024-05-15, accession 0001213900-24-043687.Revenue: $2.40bn. XBRL concept ifrs-full:Revenue. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | 24.2%Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: $622.5m. XBRL concept ifrs-full:GrossProfit. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.57bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 24.6%Gross margin, FY2023, twelve months to 2023-12-31. gross profit / revenueGross profit: $643.7m. XBRL concept ifrs-full:GrossProfit. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.62bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 24.8%Gross margin, FY2024, twelve months to 2024-12-31. gross profit / revenueGross profit: $684.7m. XBRL concept ifrs-full:GrossProfit. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.76bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | |
| Operating margin | % | 8.8%Operating margin, FY2020, twelve months to 2020-12-31. operating income / revenueOperating income: $170.6m. XBRL concept us-gaap:OperatingIncomeLoss. 20-F/A filed 2022-05-17, accession 0001213900-22-027668.Revenue: $1.93bn. XBRL concept ifrs-full:Revenue. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 8.7%Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: $208.0m. XBRL concept us-gaap:OperatingIncomeLoss. 20-F/A filed 2022-05-17, accession 0001213900-22-027668.Revenue: $2.40bn. XBRL concept ifrs-full:Revenue. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | |
| Net margin | % | 5.9%Net margin, FY2020, twelve months to 2020-12-31. net income / revenueNet income: $114.0m. XBRL concept us-gaap:ProfitLoss. 20-F/A filed 2022-05-17, accession 0001213900-22-027668.Revenue: $1.93bn. XBRL concept ifrs-full:Revenue. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 5.9%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: $141.9m. XBRL concept us-gaap:ProfitLoss. 20-F/A filed 2022-05-17, accession 0001213900-22-027668.Revenue: $2.40bn. XBRL concept ifrs-full:Revenue. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | 3.2%Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: $81.4m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.57bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 2.4%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $64.0m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.62bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 2.9%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $79.7m. XBRL concept ifrs-full:ProfitLossAttributableToOwnersOfParent. 20-F filed 2025-05-15, accession 0001213900-25-043461.Revenue: $2.76bn. XBRL concept ifrs-full:Revenue. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | |
| Diluted EPS | $ per share | 3.01Diluted EPS, FY2020, twelve months to 2020-12-31$3.01 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 3.50Diluted EPS, FY2021, twelve months to 2021-12-31$3.50 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | 5.21Diluted EPS, FY2022, twelve months to 2022-12-31$5.21 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 4.12Diluted EPS, FY2023, twelve months to 2023-12-31$4.12 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 5.09Diluted EPS, FY2024, twelve months to 2024-12-31$5.09 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | |
| Free cash flow | $m | 271Free cash flow, FY2020, twelve months to 2020-12-31. operating cash flow − capital expenditureOperating cash flow: $288.1m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Capital expenditure: $16.7m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F/A filed 2023-12-11, accession 0001213900-23-094521.Report this figure | 192Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: $209.1m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2024-05-15, accession 0001213900-24-043687.Capital expenditure: $17.4m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2024-05-15, accession 0001213900-24-043687.Report this figure | 217Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: $239.1m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Capital expenditure: $22.1m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 278Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: $295.0m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Capital expenditure: $16.7m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure | 308Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $324.4m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Capital expenditure: $16.4m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 20-F filed 2025-05-15, accession 0001213900-25-043461.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| GHP Investment Advisors, Inc. | 2026-06-30 | $787.1k | 7,716 | Unchanged | |
| DIMENSIONAL FUND ADVISORS LP | 2026-06-30 | $344.6k | 3,315 | Unchanged | |
| MORGAN STANLEY | 2026-06-30 | $276.1k | 2,707 | Reduced−1 | |
| Altshuler Shaham Ltd | 2026-06-30 | $231.4k | 2,565 | Reduced−5,177 | |
| Clal Insurance Enterprises Holdings Ltd | 2026-06-30 | $80.9k | 777,703 | Reduced−47,000 | |
| BlackRock, Inc. | 2026-06-30 | $69.4k | 680 | Unchanged | |
| ROYAL BANK OF CANADA | 2026-06-30 | $51.0k | 500 | New+500 | |
| BNP PARIBAS FINANCIAL MARKETS | 2026-06-30 | $10.4k | 100 | Unchanged | |
| UBS Group AG | 2026-06-30 | $5.8k | 57 | Reduced−70 | |
| OSAIC HOLDINGS, INC. | 2026-06-30 | $714 | 7 | Added+2 |
Recent filings
All 381 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-08-2507:18 ET | 6-K | Report of a foreign private issuerPeriod 2026-08-25 | 0001045986-26-000008 |
| 2026-07-2008:54 ET | 6-K | Report of a foreign private issuerPeriod 2026-07-20 | 0001045986-26-000007 |
| 2026-06-1507:29 ET | 6-K | Report of a foreign private issuerPeriod 2026-06-15 | 0001045986-26-000005 |
| 2026-05-2808:01 ET | 6-K | Report of a foreign private issuerPeriod 2026-05-28 | 0001045986-26-000004 |
| 2026-05-1407:28 ET | 6-K | Report of a foreign private issuerPeriod 2026-05-14 | 0001045986-26-000003 |
| 2026-05-1317:19 ET | 20-F | Annual report of a foreign private issuerPeriod 2025-12-31 | 0001213900-26-055948 |
| 2026-03-2608:24 ET | 6-K | Report of a foreign private issuerPeriod 2026-03-26 | 0001045986-26-000001 |
| 2025-12-1707:00 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001213900-25-122524 |
| 2025-11-2008:10 ET | 6-K | Report of a foreign private issuerPeriod 2025-11-20 | 0001045986-25-000012 |
| 2025-08-2709:50 ET | 6-K | Report of a foreign private issuerPeriod 2025-08-27 | 0001045986-25-000011 |
Latest annual report
Form 20-F for the fiscal year ended Dec 31, 2025Filed May 13, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 1045986
- Tickers
- FORTY
- Exchange
- Nasdaq
- SIC code
- 7371 Services-Computer Programming Services
- Sector
- Technology
- Fiscal year ends
- Dec 31
- Incorporated in
- L3
- Filer category
- Large accelerated filer
- Former names
- FORMULA SYSTEMS \1985\ LTD (to 2004-08-30)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:31 ET. Listed shows no prices and gives no investment advice.