Formula Systems (1985) (FORTY) Revenue & Revenue Breakdown
Formula Systems (1985) Revenue Highlights
Latest Revenue (Y)
$2.62B
Latest Revenue (Q)
$698.40M
Main Segment (Y)
Other Member
Main Geography (Y)
ISRAEL
Formula Systems (1985) Revenue by Period
Formula Systems (1985) Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.62B | 1.89% |
| 2022-12-31 | $2.57B | 6.94% |
| 2021-12-31 | $2.41B | 24.39% |
| 2020-12-31 | $1.93B | 13.69% |
| 2019-12-31 | $1.70B | 13.94% |
| 2018-12-31 | $1.49B | 10.17% |
| 2017-12-31 | $1.36B | 22.24% |
| 2016-12-31 | $1.11B | 38.79% |
| 2015-12-31 | $798.80M | 25.51% |
| 2014-12-31 | $636.42M | -20.12% |
| 2013-12-31 | $796.67M | 6.97% |
| 2012-12-31 | $744.73M | 16.25% |
| 2011-12-31 | $640.62M | 16.54% |
| 2010-12-31 | $549.69M | 17.11% |
| 2009-12-31 | $469.39M | -20.55% |
| 2008-12-31 | $590.81M | 19.75% |
| 2007-12-31 | $493.35M | 0.12% |
| 2006-12-31 | $492.74M | -2.69% |
| 2005-12-31 | $506.37M | 10.90% |
| 2004-12-31 | $456.61M | 24.47% |
| 2003-12-31 | $366.83M | 29.48% |
| 2002-12-31 | $283.31M | -24.84% |
| 2001-12-31 | $376.92M | -7.10% |
| 2000-12-31 | $405.74M | 20.94% |
| 1999-12-31 | $335.49M | 29.63% |
| 1998-12-31 | $258.80M | - |
Formula Systems (1985) generated $2.62B in revenue during NA 2023, up 1.89% compared to the previous quarter, and up 175.55% compared to the same period a year ago.
Formula Systems (1985) Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $698.40M | 9.08% |
| 2023-12-31 | $640.29M | -2.22% |
| 2023-09-30 | $654.84M | -0.08% |
| 2023-06-30 | $655.37M | -2.24% |
| 2023-03-31 | $670.40M | 5.76% |
| 2022-12-31 | $633.88M | -0.38% |
| 2022-09-30 | $636.31M | -1.28% |
| 2022-06-30 | $644.59M | -1.97% |
| 2022-03-31 | $657.57M | -0.18% |
| 2021-12-31 | $658.74M | 12.36% |
| 2021-09-30 | $586.26M | -0.28% |
| 2021-06-30 | $587.88M | 2.66% |
| 2021-03-31 | $572.64M | 5.41% |
| 2020-12-31 | $543.24M | 11.47% |
| 2020-09-30 | $487.34M | 11.50% |
| 2020-06-30 | $437.06M | -6.26% |
| 2020-03-31 | $466.27M | 4.03% |
| 2019-12-31 | $448.20M | 23.67% |
| 2019-09-30 | $362.43M | -12.15% |
| 2019-06-30 | $412.57M | 5.42% |
| 2019-03-31 | $391.35M | -0.60% |
| 2018-12-31 | $393.70M | 8.63% |
| 2018-09-30 | $362.43M | -0.29% |
| 2018-06-30 | $363.48M | -2.65% |
| 2018-03-31 | $373.38M | 1.87% |
| 2017-12-31 | $366.54M | 5.14% |
| 2017-09-30 | $348.63M | 5.94% |
| 2017-06-30 | $329.09M | 5.86% |
| 2017-03-31 | $310.88M | 2.83% |
| 2016-12-31 | $302.31M | 6.05% |
| 2016-09-30 | $285.08M | 10.05% |
| 2016-06-30 | $259.06M | -1.19% |
| 2016-03-31 | $262.17M | 27.31% |
| 2015-12-31 | $205.94M | 4.96% |
| 2015-09-30 | $196.20M | -0.29% |
| 2015-06-30 | $196.78M | 28.31% |
| 2014-09-30 | $153.36M | 3.96% |
| 2014-06-30 | $147.52M | -25.23% |
| 2013-09-30 | $197.28M | -1.93% |
| 2013-06-30 | $201.16M | 10.51% |
| 2012-09-30 | $182.03M | -2.20% |
| 2012-06-30 | $186.12M | 15.25% |
| 2011-09-30 | $161.50M | -2.64% |
| 2011-06-30 | $165.88M | 23.98% |
| 2010-09-30 | $133.79M | 1.57% |
| 2010-06-30 | $131.72M | 11.83% |
| 2009-09-30 | $117.79M | -11.34% |
| 2009-06-30 | $132.86M | -11.28% |
| 2008-09-30 | $149.74M | -1.15% |
| 2008-06-30 | $151.48M | 21.50% |
| 2007-09-30 | $124.68M | -0.05% |
| 2007-06-30 | $124.74M | -13.22% |
| 2006-09-30 | $143.74M | 4.45% |
| 2006-06-30 | $137.61M | 8.82% |
| 2005-09-30 | $126.45M | 0.07% |
| 2005-06-30 | $126.36M | 14.81% |
| 2004-09-30 | $110.05M | -0.19% |
| 2004-06-30 | $110.27M | 19.25% |
| 2003-09-30 | $92.46M | 2.88% |
| 2003-06-30 | $89.87M | 36.25% |
| 2002-09-30 | $65.96M | -7.20% |
| 2002-06-30 | $71.08M | -27.17% |
| 2001-09-30 | $97.59M | -1.07% |
| 2001-06-30 | $98.65M | -6.91% |
| 2000-09-30 | $105.97M | 9.65% |
| 2000-06-30 | $96.65M | 13.70% |
| 1999-09-30 | $85.00M | 4.94% |
| 1999-06-30 | $81.00M | 9.61% |
| 1998-09-30 | $73.90M | 26.11% |
| 1998-06-30 | $58.60M | - |
Formula Systems (1985) generated $698.40M in revenue during Q1 2024, up 9.08% compared to the previous quarter, and up 110.18% compared to the same period a year ago.
Formula Systems (1985) Revenue Breakdown
Formula Systems (1985) Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Adjustments Member | $-7.74M | $-167.58M | - | - |
| Other Member | $157.19M | $267.77M | - | - |
| ZAPGroupMember | - | - | $-51.64M | - |
| AdjustmentsMember | - | - | $98.97M | $-86.14M |
| MichpalMember | - | - | $-32.09M | - |
| OtherMember | - | - | $-127.64M | $144.47M |
| SapiensMember | - | - | $-461.04M | $382.90M |
| MatrixMember | - | - | $-1.35B | $1.12B |
| MagicSoftwareMember | - | - | $-480.32M | $371.19M |
Formula Systems (1985)'s latest annual revenue breakdown by segment (product or service), as of Dec 23: Other Member (105.18%), and Adjustments Member (-5.18%).
Formula Systems (1985) Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| JAPAN | $11.88M | - | - | - | - |
| ISRAEL | $1.60B | - | - | - | - |
| Africa | $26.04M | - | - | - | - |
| Europe | $315.08M | - | - | - | - |
| ZIMBABWE | $22.23M | - | - | - | - |
| UNITED STATES | $644.92M | - | - | - | - |
| America Member | - | $680.33M | - | - | - |
| AfricaianMember | - | - | $18.01M | $11.70M | - |
| AmericaMember | - | - | $591.79M | $501.79M | - |
| EuropeanMember | - | - | $255.68M | $189.15M | - |
| IsraelCountryMember | - | - | $1.51B | $1.20B | - |
| OtherMainlyAsiaPacificMember | - | - | $19.43M | $13.89M | - |
| JapanCountryMember | - | - | $12.89M | $14.28M | - |
| Africaian | - | - | - | - | $15.34M |
| European | - | - | - | - | $145.56M |
| Other (mainly Asia pacific) | - | - | - | - | $15.22M |
Formula Systems (1985)'s latest annual revenue breakdown by geography, as of Dec 23: ISRAEL (61.08%), UNITED STATES (24.61%), Europe (12.02%), Africa (0.99%), ZIMBABWE (0.85%), and JAPAN (0.45%).
Quarterly Revenue by Country
| Country | Dec 18 | Sep 18 |
|---|---|---|
| Magic Software | $71.15M | $71.99M |
Formula Systems (1985)'s latest quarterly revenue breakdown by geography, as of Dec 18: Magic Software (100.00%).