Formula Financial Statements From 2010 to 2024

FORTY Stock  USD 83.01  0.80  0.97%   
Formula Systems financial statements provide useful quarterly and yearly information to potential Formula Systems 1985 investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Formula Systems financial statements helps investors assess Formula Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Formula Systems' valuation are summarized below:
Gross Profit
622.5 M
Profit Margin
0.0244
Market Capitalization
1.3 B
Enterprise Value Revenue
0.5569
Revenue
2.6 B
We have found one hundred twenty available fundamental signals for Formula Systems 1985, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Formula Systems 1985 prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula main balance sheet or income statement drivers, such as Interest Expense of 29.8 M, Total Revenue of 2.8 B or Gross Profit of 675.9 M, as well as many exotic indicators such as Price Earnings Ratio of 14.83, Price To Sales Ratio of 0.52 or Operating Cycle of 130. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
This module can also supplement various Formula Systems Technical models . Check out the analysis of Formula Systems Correlation against competitors.

Formula Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB2.8 B1.7 B
Slightly volatile
Short and Long Term Debt Total703.5 M670 M384 M
Slightly volatile
Other Current Liabilities342.8 M326.4 M199.9 M
Slightly volatile
Total Current LiabilitiesB987.8 M528.6 M
Slightly volatile
Total Stockholder Equity325.4 M625.9 M382.4 M
Slightly volatile
Property Plant And Equipment Net182.3 M173.6 M82.5 M
Slightly volatile
Retained Earnings506.5 M482.4 M275.9 M
Slightly volatile
Accounts Payable271.6 M258.6 M123.8 M
Slightly volatile
Cash475 M452.4 M284.9 M
Slightly volatile
Non Current Assets Total1.5 B1.4 B920 M
Slightly volatile
Non Currrent Assets Other62.6 M51.6 M43.1 M
Pretty Stable
Cash And Short Term Investments555 M528.6 M317.1 M
Slightly volatile
Net Receivables757.1 M721 M443.3 M
Slightly volatile
Common Stock Shares Outstanding14.4 M15.5 M14.4 M
Slightly volatile
Short Term Investments80 M76.2 M32.2 M
Slightly volatile
Liabilities And Stockholders EquityB2.8 B1.7 B
Slightly volatile
Non Current Liabilities Total545.1 M519.1 M364.7 M
Slightly volatile
Inventory44.1 M42 M13.5 M
Slightly volatile
Other Stockholder Equity127.9 M166.9 M126.1 M
Slightly volatile
Total Liabilities1.6 B1.5 B893.3 M
Slightly volatile
Total Current Assets1.4 B1.4 B787.9 M
Slightly volatile
Short Term Debt278.3 M265.1 M132.2 M
Slightly volatile
Intangible Assets138.9 M256.1 M130.2 M
Slightly volatile
Common Stock4.3 MM4.2 M
Slightly volatile
Other Liabilities74.8 M130.9 M88.2 M
Slightly volatile
Other Assets0.951.042.6 M
Slightly volatile
Long Term Debt509 M484.7 M243.4 M
Slightly volatile
Good Will1.1 B1.1 B585.3 M
Slightly volatile
Property Plant Equipment208.1 M198.2 M86.8 M
Slightly volatile
Current Deferred Revenue144.5 M137.6 M73 M
Slightly volatile
Common Stock Total Equity4.3 MM4.2 M
Slightly volatile
Property Plant And Equipment Gross208.1 M198.2 M85.1 M
Slightly volatile
Deferred Long Term Liabilities32.8 M52.8 M33.6 M
Slightly volatile
Long Term Investments17.6 M18.6 M68.1 M
Slightly volatile
Short and Long Term Debt136.5 M260.1 M129.1 M
Slightly volatile
Long Term Debt Total278.8 M472.8 M270.6 M
Slightly volatile
Capital Surpluse113.5 M138.8 M108.3 M
Slightly volatile
Non Current Liabilities Other22.6 M28.9 M20.6 M
Slightly volatile
Net Invested Capital1.1 B1.4 B873.7 M
Slightly volatile
Net Working Capital351.8 M425.7 M302 M
Slightly volatile
Capital Stock4.7 MM4.3 M
Slightly volatile

Formula Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense29.8 M28.3 M15.2 M
Slightly volatile
Total Revenue2.8 B2.6 B1.5 B
Slightly volatile
Gross Profit675.9 M643.7 M341.9 M
Slightly volatile
Other Operating Expenses2.5 B2.4 B1.3 B
Slightly volatile
Operating Income251.3 M239.4 M102.3 M
Slightly volatile
EBIT251.3 M239.4 M100.4 M
Slightly volatile
Research Development81.9 M78 M36.8 M
Slightly volatile
EBITDA87.7 M138.4 M115.3 M
Slightly volatile
Cost Of Revenue2.1 BB1.1 B
Slightly volatile
Total Operating Expenses424.6 M404.3 M222.2 M
Slightly volatile
Income Before Tax221.6 M211 M108.2 M
Slightly volatile
Net Income45.6 M64 M65.9 M
Slightly volatile
Income Tax Expense48.4 M46.1 M23.8 M
Slightly volatile
Selling General Administrative345.6 M329.1 M185.6 M
Slightly volatile
Net Income Applicable To Common Shares98.3 M93.6 M51.2 M
Slightly volatile
Selling And Marketing Expenses892.6 K939.5 K8.2 M
Pretty Stable
Net Income From Continuing Ops112.6 M165.1 M103.8 M
Slightly volatile
Tax Provision33.9 M46.3 M26.1 M
Slightly volatile
Interest Income4.7 M5.2 MM
Slightly volatile
Reconciled Depreciation93.9 M132.6 M69.6 M
Slightly volatile
Extraordinary Items3.4 M3.8 M4.1 M
Slightly volatile

Formula Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow241.3 M229.8 M109.6 M
Slightly volatile
Begin Period Cash Flow571.6 M544.3 M267.7 M
Slightly volatile
Depreciation139.2 M132.6 M61.3 M
Slightly volatile
Total Cash From Operating Activities288.8 M275 M133.7 M
Slightly volatile
Net Income58.6 M63.6 M85.1 M
Slightly volatile
End Period Cash Flow657.3 M626 M304.9 M
Slightly volatile
Dividends Paid13.1 M25 M11.8 M
Slightly volatile
Stock Based Compensation18.1 M17.2 M7.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price Earnings Ratio14.8315.611214.5299
Pretty Stable
Price To Sales Ratio0.520.38130.5012
Pretty Stable
Operating Cycle130108120
Slightly volatile
Price Book Value Ratio1.071.59661.612
Slightly volatile
Days Of Payables Outstanding63.5147.74843.4163
Pretty Stable
Price To Operating Cash Flows Ratio4.955.216.8211
Pretty Stable
Price To Free Cash Flows Ratio5.936.2410.0061
Slightly volatile
Pretax Profit Margin0.04810.08050.0703
Very volatile
Inventory Turnover44.7147.067163
Slightly volatile
Ebt Per Ebit1.310.88161.1717
Slightly volatile
Payables Turnover6.037.64439.1268
Very volatile
Operating Profit Margin0.09590.09130.0706
Very volatile
Effective Tax Rate0.230.21830.2184
Slightly volatile
Company Equity Multiplier2.824.49793.8817
Slightly volatile
Long Term Debt To Capitalization0.210.33850.3075
Slightly volatile
Cash Per Share36.2734.544621.7512
Slightly volatile
Total Debt To Capitalization0.290.48330.401
Slightly volatile
Interest Coverage4.628.44817.0279
Very volatile
Return On Capital Employed0.140.1310.0854
Pretty Stable
Debt Equity Ratio0.530.93520.7853
Slightly volatile
Ebit Per Revenue0.09590.09130.0706
Very volatile
Quick Ratio1.761.2651.6104
Slightly volatile
Net Income Per E B T0.290.30330.7438
Slightly volatile
Cash Ratio0.680.45790.5926
Pretty Stable
Cash Conversion Cycle48.2660.418175.7343
Pretty Stable
Days Of Inventory Outstanding4.987.75493.6169
Pretty Stable
Days Of Sales Outstanding125100117
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.790.750.749
Slightly volatile
Price To Book Ratio1.071.59661.612
Slightly volatile
Current Ratio1.831.39321.6433
Slightly volatile
Fixed Asset Turnover20.9415.098927.8098
Slightly volatile
Price Cash Flow Ratio4.955.216.8211
Pretty Stable
Enterprise Value Multiple9.238.79177.279
Slightly volatile
Debt Ratio0.140.20790.1843
Slightly volatile
Price Sales Ratio0.520.38130.5012
Pretty Stable
Return On Assets0.02580.02270.0429
Slightly volatile
Receivables Turnover2.623.63513.1297
Pretty Stable
Asset Turnover0.650.9310.8146
Very volatile
Net Profit Margin0.03260.02440.0532
Slightly volatile
Gross Profit Margin0.310.24560.244
Pretty Stable
Price Fair Value1.071.59661.612
Slightly volatile
Return On Equity0.0880.10230.1611
Very volatile
Short Term Coverage Ratios0.860.791.0726
Slightly volatile
Dividend Yield0.02190.02310.019
Very volatile
Operating Cash Flow Per Share14.7714.078.5042
Slightly volatile
Dividend Payout Ratio0.120.10810.2388
Very volatile
Free Cash Flow Per Share12.3511.766.9238
Slightly volatile
Payout Ratio0.120.10810.2388
Very volatile
Operating Cash Flow Sales Ratio0.05360.08370.0811
Very volatile
Cash Flow Coverage Ratios0.440.360.4417
Slightly volatile
Cash Flow To Debt Ratio0.440.360.4417
Slightly volatile

Formula Fundamental Market Drivers

Cash And Short Term Investments528.6 M

Formula Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Formula Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Formula Systems income statement, its balance sheet, and the statement of cash flows. Formula Systems investors use historical funamental indicators, such as Formula Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Formula Systems investors may use each financial statement separately, they are all related. The changes in Formula Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Formula Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Formula Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue137.6 M144.5 M
Total Revenue2.6 B2.8 B
Cost Of RevenueB2.1 B
Ebit Per Revenue 0.09  0.1 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Formula Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Formula Systems' short interest history, or implied volatility extrapolated from Formula Systems options trading.

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When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:
Check out the analysis of Formula Systems Correlation against competitors.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is Formula Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Formula Systems. If investors know Formula will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Formula Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.04
Dividend Share
1.277
Earnings Share
4.07
Revenue Per Share
171.285
Quarterly Revenue Growth
0.01
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.