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22.05.25 - 15:51
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Formula Systems Reports First Quarter 2025 Financial Results (GlobeNewswire EN)
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Revenues for the first quarter increased by 8.1% year over year, reaching a first quarter all-time high of $754.7 million. Net Income for the first quarter increased by 12.6% year over year, reaching a first quarter all-time high of $19.3 Million. Revenues for the first quarter increased by 8.1% year over year, reaching a first quarter all-time high of $754.7 million. Net Income for the first quarter increased by 12.6% year over year, reaching a first quarter all-time high of $19.3 Million....
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19.05.25 - 09:54
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Formula Systems Files Annual Report on Form 20-F for the Year Ended December 31, 2024 (GlobeNewswire EN)
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OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on Wednesday, May 14 2025. The annual report on Form 20-F, which contains Formula's audited annual financial statements for 2024, can be accessed on the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://www.formulasystems.com/en/financial-reports....
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11.09.24 - 00:07
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XFRA : DIVIDEND/INTEREST INFORMATION - 12.09.2024 - US3464141056 (XETRA)
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Das Instrument FSY US3464141056 FORMULA SYS 1985 ADR EQUITY wird cum Dividende/Zinsen gehandelt am 11.09.2024 und ex Dividende/Zinsen am 12.09.2024
The instrument FSY US3464141056 FORMULA SYS 1985 ADR EQUITY has its pre-dividend/interest day on 11.09.2024 and its ex-dividend/interest day on 12.09.2024...
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20.08.24 - 13:48
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Formula Systems Reports Second Quarter and First Half 2024 Financial Results (GlobeNewswire EN)
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Operating Income for the Second Quarter Increased by 8.4% Year Over Year to a Second Quarter Record Breaking $65 million. Net Income Attributable to Formula Systems Shareholders for the Second Quarter Increased by 10.7% Year Over Year to a Second Quarter Record-Braking $18.8 million. Operating Income for the Second Quarter Increased by 8.4% Year Over Year to a Second Quarter Record Breaking $65 million. Net Income Attributable to Formula Systems Shareholders for the Second Quarter Increased by 10.7% Year Over Year to a Second Quarter Record-Braking $18.8 million....
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05.08.24 - 16:18
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Publication of Draft Agreement with Trustee for Potential New Israeli Debenture Series (GlobeNewswire EN)
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OR YEHUDA, Israel, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (“Formula”) published with the Tel Aviv Stock Exchange (the “TASE”) and the Israel Securities Authority (the “ISA”) a draft agreement with a trustee for a new series of secured, non-convertible debentures—Series D Debentures— that may potentially be issued by Formula in Israel. The Series D Debentures would be secured by a first lien on certain shares of certain publicly-traded subsidiaries held by Formula—specifically, Matrix IT Ltd., Sapiens International Corporation N.V., and Magic Software Enterprises Ltd.— with the number of pledged shares to be determined based on a loan-to-value ratio that will not exceed 60% of the value of the pledged shares....
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