# Formula Systems (1985) Ltd: overview FORTY · Nasdaq · CIK 1045986 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/forty.md) · [Financials](/companies/forty/financials.md) · [Filings](/companies/forty/filings.md) · [Insiders](/companies/forty/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY2020 (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [1,934](/filings/0001213900-23-094521.md) | [2,404](/filings/0001213900-24-043687.md) | [2,572](/filings/0001213900-25-043461.md) | [2,621](/filings/0001213900-25-043461.md) | [2,758](/filings/0001213900-25-043461.md) | | Gross margin | % | [23.1%](/filings/0001213900-23-094521.md) | [23.5%](/filings/0001213900-24-043687.md) | [24.2%](/filings/0001213900-25-043461.md) | [24.6%](/filings/0001213900-25-043461.md) | [24.8%](/filings/0001213900-25-043461.md) | | Operating margin | % | [8.8%](/filings/0001213900-22-027668.md) | [8.7%](/filings/0001213900-22-027668.md) | not reported | not reported | not reported | | Net margin | % | [5.9%](/filings/0001213900-22-027668.md) | [5.9%](/filings/0001213900-22-027668.md) | [3.2%](/filings/0001213900-25-043461.md) | [2.4%](/filings/0001213900-25-043461.md) | [2.9%](/filings/0001213900-25-043461.md) | | Diluted EPS | $ per share | [3.01](/filings/0001213900-23-094521.md) | [3.50](/filings/0001213900-24-043687.md) | [5.21](/filings/0001213900-25-043461.md) | [4.12](/filings/0001213900-25-043461.md) | [5.09](/filings/0001213900-25-043461.md) | | Free cash flow | $m | [271](/filings/0001213900-23-094521.md) | [192](/filings/0001213900-24-043687.md) | [217](/filings/0001213900-25-043461.md) | [278](/filings/0001213900-25-043461.md) | [308](/filings/0001213900-25-043461.md) | - Revenue. XBRL Revenue: ifrs-full:Revenue. - Gross margin (gross profit / revenue). XBRL Gross profit: ifrs-full:GrossProfit; Revenue: ifrs-full:Revenue. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: ifrs-full:Revenue. - Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: ifrs-full:Revenue; Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent. - Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/forty/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [GHP Investment Advisors, Inc.](/funds/1401561.md) | 2026-06-30 | $787.1k | 7,716 | | Unchanged | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $344.6k | 3,315 | | Unchanged | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $276.1k | 2,707 | | Reduced −1 | | [Altshuler Shaham Ltd](/funds/1324290.md) | 2026-06-30 | $231.4k | 2,565 | | Reduced −5,177 | | [Clal Insurance Enterprises Holdings Ltd](/funds/1376192.md) | 2026-06-30 | $80.9k | 777,703 | | Reduced −47,000 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $69.4k | 680 | | Unchanged | | [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $51.0k | 500 | | New +500 | | [BNP PARIBAS FINANCIAL MARKETS](/funds/1166588.md) | 2026-06-30 | $10.4k | 100 | | Unchanged | | [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $5.8k | 57 | | Reduced −70 | | [OSAIC HOLDINGS, INC.](/funds/1677044.md) | 2026-06-30 | $714 | 7 | | Added +2 | ## Recent filings [All 381 filings](/companies/forty/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-25 | 07:18 ET | [6-K](/filings/0001045986-26-000008.md) | Report of a foreign private issuer, period 2026-08-25 | 0001045986-26-000008 | | 2026-07-20 | 08:54 ET | [6-K](/filings/0001045986-26-000007.md) | Report of a foreign private issuer, period 2026-07-20 | 0001045986-26-000007 | | 2026-06-15 | 07:29 ET | [6-K](/filings/0001045986-26-000005.md) | Report of a foreign private issuer, period 2026-06-15 | 0001045986-26-000005 | | 2026-05-28 | 08:01 ET | [6-K](/filings/0001045986-26-000004.md) | Report of a foreign private issuer, period 2026-05-28 | 0001045986-26-000004 | | 2026-05-14 | 07:28 ET | [6-K](/filings/0001045986-26-000003.md) | Report of a foreign private issuer, period 2026-05-14 | 0001045986-26-000003 | | 2026-05-13 | 17:19 ET | [20-F](/filings/0001213900-26-055948.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001213900-26-055948 | | 2026-03-26 | 08:24 ET | [6-K](/filings/0001045986-26-000001.md) | Report of a foreign private issuer, period 2026-03-26 | 0001045986-26-000001 | | 2025-12-17 | 07:00 ET | [SCHEDULE 13D/A](/filings/0001213900-25-122524.md) | Ownership report, active investor, amended | 0001213900-25-122524 | | 2025-11-20 | 08:10 ET | [6-K](/filings/0001045986-25-000012.md) | Report of a foreign private issuer, period 2025-11-20 | 0001045986-25-000012 | | 2025-08-27 | 09:50 ET | [6-K](/filings/0001045986-25-000011.md) | Report of a foreign private issuer, period 2025-08-27 | 0001045986-25-000011 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-055948.md), filed May 13, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1045986 - Tickers: FORTY - Exchange: Nasdaq - SIC code: 7371 Services-Computer Programming Services - State of incorporation: L3 - Filer category: Large accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:31 ET. No prices; not investment advice.