← FORMULA SYSTEMS (1985) LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.1b |
$1.4b
+22.24%
|
$1.5b
+10.17%
|
$1.7b
+13.94%
|
$1.9b
+13.69%
|
$2.4b
+24.33%
|
$2.6b
+6.99%
|
$2.6b
+1.89%
|
$2.8b
+5.21%
|
$2.6b
-4.73%
|
$2.7b
+4.53%
|
|
| Cost of Revenue | $849.8m |
$1.1b
+24.53%
|
$1.2b
+9.58%
|
$1.3b
+13.40%
|
$1.5b
+13.04%
|
$1.8b
+23.82%
|
$1.9b
+5.94%
|
$2.0b
+1.40%
|
$2.1b
+4.84%
|
$2.1b
+1.69%
|
$2.2b
+4.42%
|
|
| Gross Profit | $258.8m |
$296.8m
+14.70%
|
$333.3m
+12.29%
|
$386.0m
+15.82%
|
$447.4m
+15.90%
|
$563.9m
+26.02%
|
$622.5m
+10.39%
|
$643.7m
+3.41%
|
$684.7m
+6.36%
|
$519.2m
-24.17%
|
$545.0m
+4.97%
|
|
| Research and Development Expense | $22.3m | $39.9m | $41.2m | $46.7m | $52.6m | $65.9m | $72.1m | $78.0m | $84.4m | $20.0m | $20.4m | |
| Selling, General and Administrative Expense | $148.0m | $184.4m | $182.5m | $200.9m | $224.2m | $290.0m | $318.0m | $326.4m | $335.2m | $312.0m | $218.8m | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $88.5m |
$72.8m
-17.73%
|
$109.6m
+50.56%
|
$138.5m
+26.34%
|
$170.6m
+23.22%
|
$208.0m | $276.6m | $239.4m | $270.5m | $196.4m |
$228.9m
+16.54%
|
|
| Interest Expense | ($964k) | ($408k) | — | — | — | — | — | — | — | — | $28.1m | |
| Interest Expense On Lease Liabilities | — | — | — | — | — | — | — | — | $6.5m | — | $28.1m | |
| Other Income | — | $308k | — | — | — | — | — | — | — | — | — | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | $349k | $1.1m | $369k | $1.8m | $1.5m | $184.0m | $256.7m | $211.0m | $248.4m | $146.4m | — | |
| Other income, net | — | — | — | — | — | — | $44.3m | — | $5.4m | $9.2m | $5.0m | |
| Pre-tax income before share of profits of companies accounted for at equity, net | $349k | $1.1m | $369k | $1.8m | $1.5m | $184.0m | $256.7m | $211.0m | $248.4m | $146.4m | $184.8m | |
| Current Tax Expense (Income) | $21.0m | $22.4m | $30.3m | $40.2m | $23.0m | $53.0m | $75.4m | $54.7m | $68.3m | — | — | |
| Deferred Tax Expense (Income) | $211k | ($9.0m) | ($6.0m) | ($13.0m) | $8.3m | ($10.3m) | ($20.2m) | ($8.7m) | ($11.7m) | — | — | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | — | — | — | — | — | $3.1m | $2.2m | $377k | — | — | — | |
| Income Tax Expense Continuing Operations | $21.2m | $13.4m | $24.3m | $27.2m | $31.3m | $42.6m | $55.2m | $46.1m | $56.7m | $40.5m | $44.9m | |
| Net income from discontinued operations | — | — | — | — | — | — | — | $63.5m | $71.6m | $559.5m | — | |
| Net income from continued operations | — | — | — | — | — | — | — | $102.2m | $122.2m | $109.6m | — | |
| Net income to Non-controlling interests | $33.7m | $29.1m | $45.0m | $55.6m | $67.2m | $87.3m | $118.3m | $101.7m | $114.1m | $62.6m | — | |
| Net Income (Loss) Attributable to Parent | $56.1m |
$39.4m
-29.70%
|
$77.4m
+96.23%
|
$94.4m
+22.00%
|
$114.0m
+20.76%
|
$141.9m
+24.45%
|
$199.7m
+40.71%
|
$165.7m
-17.00%
|
$193.8m
+16.93%
|
$606.5m
+212.96%
|
$622.8m
+2.69%
|
|
| Earnings Per Share, Basic | $1.58 | $0.72 | $2.20 | $2.56 | $3.05 | $3.57 | $5.31 | $4.19 | $5.22 | — | $40.70 | |
| Earnings Per Share, Diluted | $1.49 | $0.68 | $2.14 | $2.44 | $3.01 | $3.50 | $5.21 | $4.12 | $5.09 | — | $39.41 | |
| Basic Earnings (Loss) Per Share | $1.58 | $0.72 | $2.20 | $2.56 | $3.05 | $3.57 | $5.31 | $4.19 | $5.22 | — | $40.70 | |
| Diluted Earnings (Loss) Per Share | $1.49 | $0.68 | $2.14 | $2.44 | $3.01 | $3.50 | $5.21 | $4.12 | $5.09 | — | $39.41 | |
| Earnings per share from discontinued operations (basic) (in Dollars per share) | — | — | — | — | — | — | — | $1.82 | $1.99 | $36.09 | — | |
| Additional Financial Items | ||||||||||||
| Applicable Tax Rate | — | $0 | $0 | $0 | $0 | — | — | — | $0 | — | — | |
| Average Effective Tax Rate | — | — | — | — | — | $0 | $0 | $0 | $0 | — | — | |
| Depreciation And Amortisation Expense | $32.5m | $43.7m | $48.7m | $53.4m | $61.1m | $122.2m | $115.3m | $121.2m | $115.5m | — | $53.2m | |
| Employee Benefits Expense | $14.5m | $16.6m | $30.9m | — | — | — | — | — | — | — | — | |
| Expense From Share-Based Payment Transactions With Employees | $4.4m | $4.0m | $4.0m | $3.9m | $7.9m | — | $15.0m | $18.6m | $16.2m | — | — | |
| Finance Costs | $17.6m | $29.9m | $15.9m | $22.4m | $29.4m | $30.0m | $27.2m | $42.1m | $38.1m | — | — | |
| Finance Income | $6.0m | $8.7m | $7.6m | $3.8m | $2.6m | $6.0m | $7.3m | $13.8m | $15.9m | $13.6m | — | |
| Profit Loss Attributable To Noncontrolling Interests | $31.5m | $25.4m | $45.0m | $55.6m | $67.2m | $141.9m | $199.7m | $101.7m | $114.1m | — | — | |
| Profit Loss Attributable To Owners Of Parent | $22.4m | $10.4m | $32.4m | $38.8m | $46.8m | $54.6m | $81.4m | $64.0m | $79.7m | — | — | |
| Profit Loss Before Tax | $77.3m | $52.8m | $101.7m | $121.6m | $143.8m | — | — | — | $248.4m | — | — | |
| Profit Loss From Operating Activities | $88.5m | $72.9m | $109.6m | $138.5m | $170.6m | $208.0m | $276.6m | $239.4m | $270.5m | $196.4m | — | |
| Proprietary software products and related services | $149.2m | $201.3m | $207.9m | $225.4m | $284.3m | $350.8m | $344.4m | $365.6m | $377.4m | $88.9m | — | |
| Software services and other | $835.4m | $1.0b | $1.1b | $1.3b | $1.4b | $1.8b | $1.6b | $1.6b | $1.7b | $2.0b | — | |
| Financial expenses | $17.6m | $29.9m | $15.9m | $22.4m | $29.4m | $30.0m | $27.2m | $42.1m | $38.1m | $63.6m | — | |
| Financial income | $6.0m | $8.8m | $7.6m | $3.8m | $2.6m | $6.0m | $7.3m | $13.8m | $15.9m | $13.6m | — | |
| Share of profits of companies accounted for at equity, net | — | — | — | $1.8m | $1.5m | $505k | ($1.8m) | $773k | $2.1m | $3.7m | — | |
| Taxes on income | $21.2m | $13.4m | $24.3m | $27.2m | $31.3m | $42.6m | $55.2m | $46.1m | $56.7m | $40.5m | — | |
| From continued operations | — | — | — | — | — | — | — | $35.7m | $48.5m | $36.5m | — | |
| From discontinued operations | — | — | — | — | — | — | — | $28.3m | $31.1m | $570.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.