Formula Historical Income Statement
| FORTY Stock | USD 74.15 0.45 0.60% |
Historical analysis of Formula Systems income statement accounts such as Gross Profit of 675.9 M or Other Operating Expenses of 2.5 B can show how well Formula Systems 1985 performed in making a profits. Evaluating Formula Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Formula Systems's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Formula Systems 1985 latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Formula Systems 1985 is a good buy for the upcoming year.
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About Formula Income Statement Analysis
Formula Systems 1985 Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Formula Systems shareholders. The income statement also shows Formula investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Formula Systems Income Statement Chart
Formula Systems 1985 Income Statement is one of the three primary financial statements used for reporting Formula's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Formula Systems 1985 revenue and expense. Formula Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Formula Systems' Income Tax Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 345.6 M in 2024, despite the fact that Depreciation And Amortization is likely to grow to (95.9 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Formula Systems 1985 generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Formula Systems 1985 minus its cost of goods sold. It is profit before Formula Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Formula Systems 1985. It is also known as Formula Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Formula Systems 1985 operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Formula Systems 1985 is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Formula Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Formula Systems 1985 current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Formula Systems' Income Tax Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 345.6 M in 2024, despite the fact that Depreciation And Amortization is likely to grow to (95.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.4B | 2.6B | 2.6B | 2.8B | Interest Expense | 24.0M | 19.9M | 28.3M | 29.8M |
Formula Systems income statement Correlations
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Formula Systems Account Relationship Matchups
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Formula Systems income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 86.9M | 95.5M | 122.2M | (44.3M) | (100.9M) | (95.9M) | |
| Interest Expense | 18.7M | 26.9M | 24.0M | 19.9M | 28.3M | 29.8M | |
| Total Revenue | 1.7B | 1.9B | 2.4B | 2.6B | 2.6B | 2.8B | |
| Gross Profit | 386.0M | 447.4M | 563.9M | 622.5M | 643.7M | 675.9M | |
| Other Operating Expenses | 1.6B | 1.8B | 2.2B | 2.3B | 2.4B | 2.5B | |
| Operating Income | 51.6M | 75.1M | 85.8M | 276.6M | 239.4M | 251.3M | |
| Ebit | 51.6M | 75.1M | 85.8M | 276.6M | 239.4M | 251.3M | |
| Research Development | 46.7M | 52.6M | 65.9M | 72.1M | 78.0M | 81.9M | |
| Ebitda | 138.5M | 170.6M | 208.0M | 232.4M | 138.4M | 87.7M | |
| Cost Of Revenue | 1.3B | 1.5B | 1.8B | 1.9B | 2.0B | 2.1B | |
| Total Operating Expenses | 247.6M | 276.8M | 355.8M | 390.1M | 404.3M | 424.6M | |
| Income Before Tax | 119.8M | 143.8M | 184.0M | 256.7M | 211.0M | 221.6M | |
| Total Other Income Expense Net | 68.3M | 68.6M | 98.2M | (19.9M) | (28.3M) | (26.9M) | |
| Net Income | 92.6M | 112.5M | 141.4M | 201.5M | 64.0M | 45.6M | |
| Income Tax Expense | 27.2M | 31.3M | 42.6M | 55.2M | 46.1M | 48.4M | |
| Selling General Administrative | 200.9M | 224.2M | 290.0M | 318.0M | 329.1M | 345.6M | |
| Net Income Applicable To Common Shares | 38.8M | 46.8M | 54.6M | 81.4M | 93.6M | 98.3M | |
| Minority Interest | 474.7M | 605.3M | (87.3M) | (118.3M) | (101.5M) | (96.4M) | |
| Net Income From Continuing Ops | 94.4M | 114.0M | 141.9M | 199.7M | 165.1M | 112.6M | |
| Tax Provision | 27.2M | 31.3M | 42.6M | 55.2M | 46.3M | 33.9M | |
| Interest Income | 3.0M | 2.6M | 6.0M | 5.8M | 5.2M | 4.7M | |
| Net Interest Income | (18.7M) | (26.9M) | (24.0M) | (19.9M) | (26.3M) | (27.6M) | |
| Reconciled Depreciation | 86.9M | 95.5M | 122.2M | 115.3M | 132.6M | 93.9M |
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When running Formula Systems' price analysis, check to measure Formula Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.
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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.