Formula Systems/$FORTY

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About Formula Systems

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, Michpal, ZAP Group, and Others. The majority of the company's revenue comes from Israel.

Ticker

$FORTY

Sector

Business services
Primary listing

Employees

22,720

Headquarters

Or Yehuda, Israel

Formula Systems Metrics

BasicAdvanced
$2.1B
28.15
$4.97
0.36
$1.47
1.05%

Bulls say / Bears say

Record Q1 2025 revenue of $754.7 million, up 8.1% year-over-year, with operating income rising 12.7% and net income up 12.6%, demonstrating strong margin leverage (Nasdaq).
Full-year 2024 revenues increased 5.2% to a record $2.76 billion and net income climbed 24.5% to $79.7 million, marking its most profitable year to date (Nasdaq).
Agreement to sell a majority stake in Sapiens to Advent at $43.50 per share unlocks approximately $775 million of capital gains for Formula while retaining an 18% stake, underscoring an effective capital recycling strategy (Sapiens).
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Oct14
Formula Systems
DividendEx-dividend
Nov7
Formula Systems
DividendPayment
$0.504975Per share
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