Formula Systems (1985) Ltd. (FORTY)
The company now
Formula Systems (1985) Ltd. is classed by the SEC under Services-Computer Programming Services (industry code 7371), based in Or Yehuda, IL. In its latest annual figures on file, for the fiscal year ended 2024-12-31, it reported revenue of $2.8 billion and a profit of $194 million (its filed statements).
From its filings and filed figures; the desk's account of it is not written yet.
Where the revenue comes from
fiscal 2025, as filedRevenue by region, fiscal 2025
| Region | Fiscal 2025 | Fiscal 2024 | Share of revenue |
|---|---|---|---|
| Israel | $2.09B | $1.73B | 79.7% |
| United States | $436M | $388M | 16.6% |
| Europe | $83.9M | $88.0M | 3.2% |
| Japan | $11.9M | $12.7M | 0.5% |
| Other (mainly Asia pacific) | $2.7M | $4.1M | under 1% |
As tagged in its annual report (Form 20-F, filed May 13, 2026 ↗), read from the SEC's financial statement data sets. The year before is the figure the record holds for the prior fiscal year.
The desk's written account of this company, its Past, Present and Future, is not on file yet.
How the company works
The desk has not read this company's annual report yet.
The record in brief
The desk has not written this company's report yet.