Formula Systems (1985) Ltd. (FORTY) Income Statement

2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue2.76B2.62B2.57B2.41B1.93B1.70B1.49B1.36B
Cost of Revenue2.07B1.98B1.95B1.84B1.49B1.32B1.16B1.06B
Gross Profit684.03M643.71M622.47M563.86M447.43M386.05M333.31M296.82M
R&D Expenses83.73M77.97M72.13M65.86M52.60M46.69M41.22M39.85M
SG&A Expenses335.15M326.38M317.96M289.99M224.19M200.87M182.47M183.61M
Operating Expenses414.16M404.34M345.82M355.84M276.79M247.56M223.69M223.15M
Interest Income15.92M13.80M5.82M2.65M2.56M3.79M7.56M8.75M
Interest Expense22.14M38.37M24.94M26.45M25.71M21.38M14.74M29.11M
Depreciation & Amortization115.50M121.83M115.31M122.18M95.51M86.93M48.73M43.65M
EBITDA270.52M371.23M396.96M332.65M264.97M228.15M158.35M117.80M
EBITDA Ratio0.10.140.150.140.140.130.110.09
Operating Income270.52M239.37M276.64M208.02M170.64M51.56M109.62M73.67M
Operating Income Ratio0.10.090.110.090.090.030.070.05
Income Before Tax250.46M211.03M254.90M184.01M145.29M119.84M101.36M50.81M
Income Before Tax Ratio0.090.080.10.080.080.070.070.04
Income Tax Expense56.66M46.08M55.23M42.61M31.27M27.20M24.34M13.37M
Net Income79.67M64.01M81.39M54.59M46.78M92.64M32.20M11.18M
EPS5.214.175.313.573.056.12.130.78
EPS Diluted5.094.125.213.53.016.042.070.74

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