FORTYNasdaqServices-Computer Programming ServicesUS GAAP · USD

Formula Systems (1985) Ltd

Formula Systems (1985) Ltd. is a global information technology holding company based in Israel with securities traded on the Tel Aviv Stock Exchange and Nasdaq. Through its subsidiaries and affiliates, it provides software consulting services, computer-based business solutions, and proprietary software products.

Liikevaihto2 627milj. USD
−4,7 %v/v
Nettotulos669milj. USD
+739,8 %v/v
Vapaa kassavirta366milj. USD
+18,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

01 0002 0003 000milj. USD2020: 1 934 milj. USD2020: EBIT 171 milj. USD20202021: 2 404 milj. USD2021: EBIT 208 milj. USD20212022: 2 572 milj. USD20222023: 2 621 milj. USD20232024: 2 758 milj. USD20242025: 2 627 milj. USD20252 627
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Software consulting services45 %

Consulting and implementation services for enterprise software and IT projects.

Business solutions30 %

Computer-based business solutions for enterprise and institutional customers.

Proprietary software products15 %

Owned software products and related licensing or support offerings.

IT services and other10 %

Additional technology services delivered through subsidiaries and affiliates.

Asiakkaat

Formula Systems serves enterprises and organizations that buy software expertise, digital business systems, and packaged technology solutions. Its customer base is typically corporate and institutional, with demand driven by outsourcing, modernization, and the need for specialized software capabilities. Because the company operates through subsidiaries, customer exposure is diversified across multiple end markets and geographies.

Enterprise customers

Large companies buying consulting, implementation, and software solutions for core operations.

Mid-market businesses

Smaller commercial clients using packaged business software and services for digitization.

Public and institutional organizations

Organizations buying technology systems and support for administrative or operational use.

Software product users

Customers licensing or subscribing to proprietary software offered by the group.

Strategia

Formula Systems’ strategy centers on operating a portfolio of technology businesses that combine consulting, software implementation, and proprietary products. That structure allows the group to serve different customer needs while broadening its exposure across software services and recurring product opportunities. Its holding-company model also supports capital allocation across subsidiaries and affiliates.

Diversify revenue across services and software productsKeskipitkä aikaväli

Mixing consulting with proprietary offerings can reduce dependence on any single revenue stream.

Grow through subsidiaries and affiliatesKeskipitkä aikaväli

The holding-company structure lets Formula Systems scale by adding specialized technology businesses.

Maintain a global enterprise client baseLyhyt aikaväli

Enterprise customers support larger projects and repeat software demand.

Maantiede

Formula Systems is headquartered in Israel, while its business is described as global and conducted through subsidiaries and affiliates across multiple markets. Its listed structure spans the Tel Aviv Stock Exchange and Nasdaq, indicating a cross-border operating and capital market profile. The company’s geography matters because demand for technology services and software products is tied to local enterprise spending, labor availability, and currency exposure.

Riskit

The company’s results depend on demand for technology consulting and software spending, which can vary with enterprise budgets and economic cycles. Its holding-company structure creates execution risk across multiple subsidiaries, while global operations add currency, geographic, and integration exposure. As with other software and IT service businesses, competition for talent, project delivery risk, and product obsolescence are recurring industry risks.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Talent and project-delivery risk1Demand sensitivity to enterprise IT budgets2Multi-subsidiary execution risk3Foreign exchange and cross-border exposure4Product obsolescence and competitive pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Talent and project-delivery riskVaikutus: KorkeaTodennäköisyys: Korkea

    Software consulting requires specialized staff and timely implementation.

    Kohdistuu: Service delivery and client retention

  2. Demand sensitivity to enterprise IT budgetsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Clients may delay consulting or software projects when budgets tighten.

    Kohdistuu: Consulting and business solutions revenue

  3. Multi-subsidiary execution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The holding-company structure depends on performance across several operating units.

    Kohdistuu: Group-wide operations

  4. Foreign exchange and cross-border exposureVaikutus: KeskitasoTodennäköisyys: Korkea

    A global footprint can create translation and transaction volatility.

    Kohdistuu: International operations

  5. Product obsolescence and competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Proprietary software must stay relevant against fast-moving alternatives.

    Kohdistuu: Software products

Kirjanpito

Harkinnanvaraiset erät
Consolidation of subsidiaries and affiliates

The parent’s reported performance depends on full consolidation and equity-accounted interests where applicable.

Vaikutus: Can materially change revenue, assets, and net income

Revenue recognition

Consulting projects and software arrangements may recognize revenue over time or at points in time.

Vaikutus: Affects quarterly revenue timing and margin comparability

Goodwill and intangible assets

Acquisitions in software and services can create significant intangible balances.

Vaikutus: Impairment or amortization can materially affect earnings

Foreign currency translation

Global operations expose the company to translation of foreign subsidiaries into reporting currency.

Vaikutus: Can affect reported equity and profit volatility

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026