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Formula Systems (1985) Ltd. (FORTY)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
Visitors trend2W10W9M
86.99+3.06 (+3.65%)
At close: 04:00PM EDT
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Balance Sheet
Cash Flow
Annual

Income Statement

All numbers in thousands
Breakdown
ttm
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Total Revenue
2,596,074
2,620,903
2,572,357
2,404,376
1,933,918
Cost of Revenue
1,983,081
1,977,192
1,949,892
1,840,517
1,486,485
Gross Profit
612,993
643,711
622,465
563,859
447,433
Operating Expense
381,164
404,343
390,085
355,843
276,792
Operating Income
231,829
239,368
232,380
208,016
170,641
Net Non Operating Interest Income Expense
-20,410
-24,568
-19,121
-23,804
-23,351
Other Income Expense
-
-3,766
43,451
-201
-3,534
Pretax Income
255,627
211,034
256,710
184,011
143,756
Tax Provision
56,928
46,075
55,235
42,614
31,269
Earnings from Equity Interest Net of Tax
727
773
-1,808
505
1,535
Net Income Common Stockholders
81,592
64,014
81,393
54,585
46,776
Average Dilution Earnings
-
-136
-599
-611
-807
Diluted NI Available to Com Stockholders
81,592
63,878
80,794
53,974
45,969
Basic EPS
4.14
4.19
5.31
3.57
3.05
Diluted EPS
4.07
4.12
5.21
3.50
3.01
Basic Average Shares
15,301
15,301
15,296
15,290
15,286
Diluted Average Shares
15,494
15,498
15,503
15,404
15,292
Total Operating Income as Reported
276,037
239,368
276,640
208,016
170,641
Total Expenses
2,364,245
2,381,535
2,339,977
2,196,360
1,763,277
Net Income from Continuing & Discontinued Operation
81,592
64,014
81,393
54,585
46,776
Normalized Income
47,229
66,958
47,291
54,739
49,541
Interest Income
-
13,800
5,821
2,651
2,355
Interest Expense
14,475
29,663
18,434
18,070
18,776
Net Interest Income
-20,410
-24,568
-19,121
-23,804
-23,351
EBIT
270,102
240,697
275,144
202,081
162,532
EBITDA
270,102
362,529
390,452
324,265
258,039
Reconciled Cost of Revenue
1,983,081
1,906,992
1,884,140
1,764,812
1,486,485
Reconciled Depreciation
-
121,832
115,308
122,184
95,507
Net Income from Continuing Operation Net Minority Interest
81,592
64,014
81,393
54,585
46,776
Total Unusual Items Excluding Goodwill
44,208
-3,766
43,451
-201
-3,534
Total Unusual Items
44,208
-3,766
43,451
-201
-3,534
Normalized EBITDA
225,894
366,295
347,001
324,466
261,573
Tax Rate for Calcs
0
0
0
0
0
Tax Effect of Unusual Items
9,845
-822.2298
9,349
-46.5484
-768.6959