FORMULA SYSTEMS (1985) LTD (FORTY)
About FORMULA SYSTEMS (1985) LTD
Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
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Financial summary
- Revenue FY2015
- $750.6M
- Net income
- $73.7M
- Total assets
- $1.1B
- Market cap
- $1.9B
Source: SEC EDGAR · updated Jun 7, 2026
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $1.9B
- Shares outstanding
- 16.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jan 1, 1991
Formula Systems (1985) Ltd (FORTY) Stock Price
- Profitable — net income of $73.7M in FY2015.
- Trading 40% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Formula Systems (1985) Ltd: frequently asked questions
Is Formula Systems (1985) Ltd an American company?
Formula Systems (1985) Ltd is a US-based company, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Is Formula Systems (1985) Ltd publicly traded?
Yes — Formula Systems (1985) Ltd is a publicly traded company. Its stock trades under the ticker symbol FORTY on the NASDAQ.
What does Formula Systems (1985) Ltd do?
Formula Systems (1985) Ltd is an American Software company in the Technology & Electronics sector.
When was Formula Systems (1985) Ltd founded?
Formula Systems (1985) Ltd was founded in 1985.
