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Formula Systems 1985 Ltd
Previous close
ILA 30,820.00
Day range
ILA 30,600.00 - ILA 31,740.00
Year range
ILA 23,210.00 - ILA 35,410.00
Market cap
1.34B USD
Avg Volume
8.97K
P/E ratio
17.91
Dividend yield
1.21%
Primary exchange
TLV
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 699.93M | 6.89% |
Operating expense | 108.37M | 6.90% |
Net income | 23.62M | 51.44% |
Net profit margin | 3.37 | 41.60% |
Earnings per share | — | — |
EBITDA | 76.48M | 9.50% |
Effective tax rate | 21.15% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 510.85M | 8.90% |
Total assets | 2.85B | 7.28% |
Total liabilities | 1.49B | 4.09% |
Total equity | 1.36B | — |
Shares outstanding | 15.31M | — |
Price to book | 7.15 | — |
Return on assets | 5.81% | — |
Return on capital | 8.15% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 23.62M | 51.44% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Formula Systems Ltd. is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange. In 2010 Polish software maker Asseco acquired a 50.2% stake in the company. Wikipedia
Founded
1985
Website
Employees
22,000
