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FORTY | Formula Systems (1985) Ltd. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)
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Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
Revenue2.62B2.57B2.41B1.93B1.70B1.49B1.36B1.11B798.80M636.42M796.67M744.73M640.62M549.69M469.39M590.81M493.35M492.74M506.37M456.61M366.83M283.31M376.92M405.74M335.49M258.80M
Cost of Revenue1.98B1.95B1.84B1.49B1.32B1.16B1.06B849.84M630.15M530.08M603.08M564.80M492.89M412.46M352.28M452.26M369.11M340.05M333.54M284.96M230.50M186.91M253.59M244.52M178.98M155.00M
Gross Profit643.71M622.47M563.86M447.43M386.05M333.31M296.82M258.78M168.65M106.33M193.59M179.93M147.73M137.23M117.11M138.54M124.24M152.69M172.84M171.65M136.33M96.40M123.33M161.21M156.52M103.80M
Operating Expenses404.34M390.08M355.84M276.79M247.56M223.69M223.15M170.28M114.14M71.30M132.06M122.93M98.49M90.24M81.75M105.17M97.00M130.05M155.48M153.57M124.47M101.26M150.89M145.97M124.20M78.30M
Selling, General & Admin326.38M317.96M289.99M224.19M200.87M182.47M183.61M147.95M103.90M70.52M117.89M110.76M93.34M84.51M77.32M98.61M90.46M113.66M133.05M128.54M107.10M85.29M129.80M127.82M92.77M57.90M
Research & Development77.97M72.13M65.86M52.60M46.69M41.22M39.85M22.33M10.23M787.00K14.17M12.35M5.15M5.50M4.43M6.56M6.55M16.39M22.43M25.04M17.37M15.97M21.09M18.15M12.94M8.40M
Other Operating ExpensesN/AN/AN/AN/AN/AN/A-308.00K14.84M-2.75M-11.57M14.00K-152.00K-207.00K231.00K-1.97MN/AN/AN/AN/AN/AN/AN/AN/AN/A18.49M12.00M
Operating Income239.37M276.64M85.83M75.13M51.56M109.62M73.67M88.50M54.51M35.03M61.53M56.99M49.24M46.99M35.35M33.37M27.23M19.48M15.90M18.08M11.86M-6.69M-38.43M12.78M32.31M25.50M
Other Expenses / Income-28.33M-19.93M-24.00M-26.89M-18.65M-8.29M-20.00M-11.59M-9.53M-4.87M-5.44M-2.93M-6.50M-4.37M1.44M-7.75M-2.52M-11.43M-146.00K-343.00K-1.01M6.17M-52.13M41.46M33.26M5.60M
Before Tax Income211.03M256.71M184.01M143.76M119.84M101.36M50.81M76.91M46.66M30.17M55.30M50.32M42.95M42.62M36.79M26.45M24.71M14.32M9.98M17.73M10.85M-513.00K-52.02M54.24M65.58M31.10M
Income Tax Expenses46.08M55.23M42.61M31.27M27.20M24.34M13.37M21.16M11.87M10.07M8.93M6.58M5.69M6.54M8.30M3.54M1.93M3.50M5.20M4.63M2.54M2.01M4.06M14.21M19.39M4.50M
Net Income64.01M201.47M141.40M112.49M92.64M32.20M11.18M22.45M19.32M75.06M76.89M24.03M42.96M18.38M19.08M11.87M37.26M10.02M183.00K8.10M3.12M-2.41M-56.08M40.02M46.19M26.60M
Interest Expenses38.37M19.93M24.00M26.89M18.65M8.26M22.86M11.59M2.37M5.77M6.24MN/A6.62M7.56M8.57M13.50M3.81M15.33M23.12M14.04M3.68MN/AN/AN/AN/A4.90M
Basic Shares Outstanding15.30M15.30M15.29M15.29M15.19M15.10M14.36M14.21M14.07M13.93M13.79M13.60M13.51M13.38M13.20M13.20M13.20M13.20M12.80M10.80M10.04M10.17M9.32M9.32M9.38M8.53M
Diluted Shares Outstanding15.50M15.50M15.40M15.29M15.34M15.57M14.72M15.53M14.74M14.41M14.19M13.79M13.67M13.52M13.56M13.20M13.20M13.30M12.80M10.80M10.29M10.17M9.32M9.32M9.38M8.53M
EBITDA371.23M396.96M332.65M264.97M228.15M158.35M117.80M88.50M104.61M47.79M87.06M82.19M63.93M65.62M59.97M53.03M43.04M67.58M37.44M52.37M11.86M8.48M-13.18M-37.62M50.80M37.50M
EBITDA Margin14.16%15.43%13.83%13.70%13.41%10.61%8.69%7.98%13.10%7.51%10.93%11.04%9.98%11.94%12.78%8.98%8.72%13.72%7.39%11.47%3.23%2.99%-3.50%-9.27%15.14%14.49%
EBIT148.46M276.64M208.01M170.64M138.49M64.80M47.41M55.19M33.56M90.91M92.05M30.61M55.27M32.48M35.95M28.91M43.00M28.84M28.51M26.77M9.34M-392.00K-52.02M54.24M65.58M36.00M
EBIT Margin5.66%10.75%8.65%8.82%8.14%4.34%3.50%4.98%4.20%14.28%11.55%4.11%8.63%5.91%7.66%4.89%8.72%5.85%5.63%5.86%2.55%-0.14%-13.80%13.37%19.55%13.91%
Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
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