Formula Consolidated Income from 2010 to 2023

FORTY Stock  USD 71.89  1.84  2.50%   
Formula Systems Consolidated Income yearly trend continues to be fairly stable with very little volatility. Consolidated Income will likely drop to about 158.8 M in 2023. During the period from 2010 to 2023, Formula Systems Consolidated Income regression line of anual values had slope of 9,077,629 and arithmetic mean of  90,840,699. Formula Systems Net Income to Non Controlling Interests is fairly stable at the moment as compared to the past year. Formula Systems reported Net Income to Non Controlling Interests of 118.27 Million in 2022. Operating Income is likely to rise to about 298.5 M in 2023, whereas Consolidated Income is likely to drop slightly above 158.8 M in 2023.

Formula Systems Quarterly Consolidated Income

43.17 Million

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 Consolidated Income of 158.8 M, Cost of Revenue of 1.7 B or Earning Before Interest and Taxes EBIT of 136.4 M, as well as many exotic indicators such as Asset Turnover of 1.0, Book Value per Share of 34.41 or Current Ratio of 1.4. 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 Consolidated Income Breakdown

Showing smoothed Consolidated Income of Formula Systems 1985 with missing and latest data points interpolated. The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests. Formula Systems' Consolidated Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' overall financial position and show how it may be relating to other accounts over time.
Consolidated Income10 Years Trend
Slightly volatile
   Consolidated Income   
       Timeline  

Formula Consolidated Income Regression Statistics

Arithmetic Mean90,840,699
Geometric Mean79,661,507
Coefficient Of Variation54.22
Mean Deviation39,154,271
Median94,423,000
Standard Deviation49,250,772
Range160,227,000
R-Value0.77
R-Squared0.59
Significance0.001244
Slope9,077,629

Formula Consolidated Income History

2023158.8 M
2022199.7 M
2021141.9 M
2020114 M
201994.4 M
201877.4 M
201739.4 M
201656.1 M
201550.4 M
201494.7 M
2013106.5 M

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 Consolidated 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 2023
Consolidated Income199.7 M158.8 M

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Check out the analysis of Formula Systems Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
(0.48)
Earnings Share
4.14
Revenue Per Share
170.63
Quarterly Revenue Growth
0.017
Return On Assets
0.0559
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.