# Formula Systems (1985) Ltd. (FORTY)

> Technology · IL · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/FORTY/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 1.52B | $ 58.91M | $ 0 | $ 670.59M | $ 1.21B |
| 2025 | $ 2.85B | $ 624.84M | $ 0 | $ 592.26M | $ 1.35B |
| 2024 | $ 2.76B | $ 83.74M | $ 0 | $ 689.45M | $ 679.34M |
| 2023 | $ 2.83B | $ 69.22M | $ 0 | $ 669.99M | $ 625.76M |
| 2022 | $ 2.84B | $ 90.43M | $ 0 | $ 772.14M | $ 551.88M |
| 2021 | $ 2.86B | $ 64.97M | $ 247.81M | $ 712.91M | $ 540.96M |
| 2020 | $ 2.46B | $ 59.59M | $ 365.55M | $ 668.54M | $ 502.73M |
| 2019 | $ 2.08B | $ 46.26M | $ 253.09M | $ 603.49M | $ 421.64M |
| 2018 | $ 1.97B | $ 42.74M | $ 67.04M | $ 381.43M | $ 367.37M |
| 2017 | $ 1.83B | $ 13.35M | $ 45.43M | $ 344.97M | $ 359.19M |
| 2016 | $ 1.53B | $ 30.81M | $ 103.13M | $ 258.66M | $ 336.39M |
| 2015 | $ 1.11B | $ 25.85M | $ 52.83M | $ 220.41M | $ 396.28M |
| 2014 | $ 899.26M | $ 114.22M | $ 0 | $ 150.02M | $ 382.88M |
| 2013 | $ 1.13B | $ 115.18M | $ 97.50M | $ 98.08M | $ 322.69M |
| 2012 | $ 1.08B | $ 34.69M | $ 105.49M | $ 104.05M | $ 245.05M |
| 2011 | $ 941.17M | $ 63.12M | $ 37.95M | $ 46.72M | $ 221.28M |
| 2010 | $ 832.32M | $ 27.83M | $ 80.81M | $ 57.62M | $ 197.62M |
| 2009 | $ 772.37M | $ 28.88M | N/A | $ 33.25M | $ 188.04M |
| 2008 | $ 894.57M | $ 17.97M | $ 0 | $ 88.53M | $ 169.94M |
| 2007 | $ 777.38M | $ 56.87M | $ 0 | $ 126.04M | $ 198.39M |
| 2006 | $ 746.07M | $ 15.33M | $ 29.14M | $ 153.36M | $ 153.29M |
| 2005 | N/A | N/A | $ 0 | N/A | N/A |
| 2004 | N/A | N/A | $ -8.66M | N/A | N/A |
| 2003 | N/A | N/A | $ 18.62M | N/A | N/A |
| 2002 | N/A | N/A | $ 7.52M | N/A | N/A |
| 2001 | N/A | N/A | $ 0 | N/A | N/A |
| 2000 | N/A | N/A | $ 0 | N/A | N/A |
| 1999 | N/A | N/A | $ 0 | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.56 |
| Liabilities / Eq | 1.53 |
| Current Ratio | 1.48 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 5.73 |
| Gross Debt / FCF | 6.20 |

## Other views

- [Metrics](https://sponda.capital/en/FORTY.md)
- [Charts](https://sponda.capital/en/FORTY/charts.md)
- [Compare](https://sponda.capital/en/FORTY/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.