The table below shows FORMULA SYSTEMS (1985) LTD's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
Revenue
-
-
-
-
-
-
Cost of revenue
-
-
-
-
-
-
Gross profit
$684.68M
$643.71M
$622.47M
$563.86M
$447.43M
$386.05M
R&D
$84.38M
$77.97M
$72.13M
$65.86M
$52.60M
$46.69M
SG&A
FORTY annual revenue (10-K history)
FORMULA SYSTEMS (1985) LTD reported annual revenue of $750.55M for fiscal year 2015. That is up 17.9% from $636.42M in fiscal 2014. Over the 7 fiscal years shown, annual revenue grew from $469.39M (FY 2009) to $750.55M. Figures come from the company's audited annual reports as filed with the SEC.
