All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
10 warning events since 2017; the latest 2026-04-30.
From the record
Formula Systems (1985) Ltd.'s filings since 2017 show 10 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 10 times, the latest 2026-04-30) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+12.3% a year over 10 filed years; profitable in 10 of 10.
From the record
Formula Systems (1985) Ltd.'s 10 filed years say what it did: revenue went from $973 million in fiscal 2015 to $2.8 billion in fiscal 2024, up 12.3% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 2.4/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Formula Systems (1985) Ltd.'s shareholder treatment is put at 2.4 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 24% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE 14%: 14¢ of profit per shareholder dollar. Leverage 54%: owes 54¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2024-12-31, Formula Systems (1985) Ltd. earned about 14 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 23 cents per dollar of everything the company owns. Leverage: it owed about 54 cents per dollar of assets (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 37% of 33 in its family; net margin 7%.
From the record
Formula Systems (1985) Ltd.'s standing among 33 graded names in its industry family: revenue of $2.8 billion in fiscal 2024 ranks in the top 23% by size; a net margin of 7% ranks in the top 38%; revenue growth of 4.7% a year over the last 3 filed years ranks in the top 50% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 6.4/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Formula Systems (1985) Ltd.'s leadership is put at 6.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-04-16 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 7 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 44% of 32 in its family for room to expand.
From the record
Formula Systems (1985) Ltd.'s room to grow, from the newest filed statements (fiscal 2024): cash of $508 million against no long-term debt tagged leaves 16.8% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 11.2% of revenue (top 33%); a gross margin of 24.8% (bottom 22%); research spending of 3.1% of revenue (bottom 23%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 46% of 33 in its family for growth drivers.
From the record
Formula Systems (1985) Ltd.'s growth drivers, from the filed years to fiscal 2024: revenue grew 4.7% a year over the last three filed years against 12.3% over all 10, slowing (bottom 35% of its family); the newest year grew 5.2% (top 41%); research spending grew 8.6% a year (top 32%); capital spending grew -1.8% a year (top 46%) (its annual reports). Formula Systems (1985) Ltd. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 30% of 29 in its family for expectations against reality.
From the record
Formula Systems (1985) Ltd.'s newest year against its own record: revenue of $2.8 billion in fiscal 2024 came in 0.8% above the $2.7 billion its prior three years' pace pointed to (top 33% of its family); net income of $194 million against a prior three-year average of $169 million (top 26%); a net margin of 7% against 6.7% before (top 33%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made