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FORMULA SYSTEMS (1985) LTD (FORTY) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues0.00.00.00.00.00.00.0636.4
            Revenue growth      -100.0%-20.0%
Cost of goods sold0.00.00.00.00.00.00.01,056.1
Gross profit0.00.00.00.00.00.00.0-419.7
            Gross margin       -65.9%
Selling, general and administrative0.00.00.00.00.00.0 70.5
Sales and marketing0.00.00.00.00.00.00.1 
Research and development      0.00.8
General and administrative0.00.00.00.00.00.04.1 
EBITA208.0170.6138.5109.60.00.00.035.9
            EBITA margin       5.6%
Amortization of intangibles       0.8
EBIT208.0170.6138.5109.60.00.00.035.0
            EBIT margin       5.5%
Pre-tax income0.00.00.00.00.00.00.030.2
Income taxes0.00.00.00.00.00.00.010.1
            Tax rate       33.4%
Net income0.00.00.077.40.00.00.081.0
            Net margin       12.7%
 
Diluted EPS       $5.62
Shares outstanding (diluted)       14.4
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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