# Formula Systems (1985) Ltd: Form 20-F/A for the period ended Dec 31, 2021

- Company: [Formula Systems (1985) Ltd](/companies/forty.md) (CIK 1045986)
- Form: 20-F/A
- Filed: 2022-05-17
- Accepted by EDGAR: May 17, 2022, 16:37 ET
- Period: 2021-12-31
- Accession: 0001213900-22-027668
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1045986/000121390022027668/f20f2021a1_formulasys.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1045986/000121390022027668/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2021-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2021-01-01 to 2021-12-31 | $2.40bn | ifrs-full:Revenue |
| Cost of revenue | 12 months, 2021-01-01 to 2021-12-31 | $1.84bn | ifrs-full:CostOfSales |
| Gross profit | 12 months, 2021-01-01 to 2021-12-31 | $563.9m | ifrs-full:GrossProfit |
| Operating income | 12 months, 2021-01-01 to 2021-12-31 | $208.0m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2021-01-01 to 2021-12-31 | $42.6m | ifrs-full:IncomeTaxExpenseContinuingOperations |
| Net income | 12 months, 2021-01-01 to 2021-12-31 | $141.9m | us-gaap:ProfitLoss |
| Diluted EPS | 12 months, 2021-01-01 to 2021-12-31 | $3.50 | ifrs-full:DilutedEarningsLossPerShare |
| Basic EPS | 12 months, 2021-01-01 to 2021-12-31 | $3.57 | ifrs-full:BasicEarningsLossPerShare |
| Operating cash flow | 12 months, 2021-01-01 to 2021-12-31 | $208.5m | ifrs-full:CashFlowsFromUsedInOperatingActivities |
| Capital expenditure | 12 months, 2021-01-01 to 2021-12-31 | $17.4m | ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities |
| Cash and equivalents | at 2021-12-31 | $485.4m | ifrs-full:CashAndCashEquivalents |
| Current assets | at 2021-12-31 | $1.30bn | ifrs-full:CurrentAssets |
| Total assets | at 2021-12-31 | $2.75bn | ifrs-full:Assets |
| Current liabilities | at 2021-12-31 | $947.6m | ifrs-full:CurrentLiabilities |
| Shareholders' equity | at 2021-12-31 | $541.0m | ifrs-full:EquityAttributableToOwnersOfParent |
| Shares outstanding | at 2021-12-31 | 15,294,267 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1045986/000121390022027668/f20f2021a1_formulasys.htm

Filed May 17, 2022.
Source: SEC EDGAR, the filing index for accession 0001213900-22-027668. Last ingested by Listed: Oct 24, 2026, 15:04 ET. No prices; not investment advice.