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) 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) 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) 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 |
Quarterly Revenue by Country
Country | Dec 18 | Sep 18 |
---|---|---|
Magic Software | $71.15M | $71.99M |
FORTY Revenue FAQ
What is Formula Systems (1985)’s yearly revenue?
Formula Systems (1985)'s yearly revenue for 2023 was $2.62B, representing an increase of 1.89% compared to 2022. The company's yearly revenue for 2022 was $2.57B, representing an increase of 6.94% compared to 2021. FORTY's yearly revenue for 2021 was $2.41B, representing an increase of 24.39% compared to 2020.
What is Formula Systems (1985)’s quarterly revenue?
Formula Systems (1985)'s quarterly revenue for Q1 2024 was $698.4M, a 9.08% increase from the previous quarter (Q4 2023), and a 4.18% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $640.29M, a -2.22% decrease from the previous quarter (Q3 2023), and a 1.01% increase year-over-year (Q4 2022). FORTY's quarterly revenue for Q3 2023 was $654.84M, a -0.08% decrease from the previous quarter (Q2 2023), and a 2.91% increase year-over-year (Q3 2022).
What is Formula Systems (1985)’s revenue growth rate?
Formula Systems (1985)'s revenue growth rate for the last 3 years (2021-2023) was 8.95%, and for the last 5 years (2019-2023) was 54.07%.
What are Formula Systems (1985)’s revenue streams?
Formula Systems (1985)'s revenue streams in c 23 are Adjustments Member, and Other Member. Adjustments Member generated $-7.741M in revenue, accounting -5.18% of the company's total revenue, down -95.38% year-over-year. Other Member generated $157.19M in revenue, accounting 105.18% of the company's total revenue, down -41.30% year-over-year.
What is Formula Systems (1985)’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Formula Systems (1985) was Other Member. This segment made a revenue of $157.19M, representing 105.18% of the company's total revenue.