Formula Systems (1985) Ltd.
FORTY · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $2,758 | $2,621 | $2,572 | $2,406 |
| % Growth | 5.2% | 1.9% | 6.9% | – |
| Cost of Goods Sold | $2,073 | $1,977 | $1,950 | $1,842 |
| Gross Profit | $684 | $644 | $622 | $564 |
| % Margin | 24.8% | 24.6% | 24.2% | 23.4% |
| R&D Expenses | $84 | $78 | $72 | $66 |
| G&A Expenses | $319 | $309 | $226 | $211 |
| SG&A Expenses | $335 | $326 | $318 | $290 |
| Sales & Mktg Exp. | $16 | $17 | $19 | $16 |
| Other Operating Expenses | -$5 | $0 | -$44 | $0 |
| Operating Expenses | $414 | $404 | $346 | $356 |
| Operating Income | $271 | $239 | $277 | $208 |
| % Margin | 9.8% | 9.1% | 10.8% | 8.6% |
| Other Income/Exp. Net | -$20 | -$28 | -$22 | -$24 |
| Pre-Tax Income | $250 | $212 | $255 | $185 |
| Tax Expense | $57 | $46 | $55 | $43 |
| Net Income | $80 | $64 | $81 | $55 |
| % Margin | 2.9% | 2.4% | 3.2% | 2.3% |
| EPS | 5.21 | 4.17 | 5.31 | 3.57 |
| % Growth | 24.9% | -21.5% | 48.7% | – |
| EPS Diluted | 5.09 | 4.12 | 5.21 | 3.5 |
| Weighted Avg Shares Out | 15 | 15 | 15 | 15 |
| Weighted Avg Shares Out Dil | 16 | 15 | 16 | 15 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $14 | $6 | $3 |
| Interest Expense | $22 | $38 | $25 | $26 |
| Depreciation & Amortization | $115 | $122 | $115 | $122 |
| EBITDA | $386 | $371 | $397 | $333 |
| % Margin | 14% | 14.2% | 15.4% | 13.8% |