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IC
Formula Systems (1985) Ltd. (TLV:FORTY)
Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
35,560
+1,360 (3.98%)
May 13, 2025, 5:24 PM IDT

Revenue by Product

Fiscal year is January - December.
Fiscal Year
 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Period Ending
 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Matrix Information Technology
5.22B
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Matrix Information Technology Growth
11.96%
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Magic Software
1.96B
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Magic Software Growth
3.85%
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Sapiens
1.90B
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Sapiens Growth
18.98%
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ZAP Group
167.02M
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ZAP Group Growth
-0.37%
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Michpal
136.13M
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Michpal Growth
7.43%
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Reconciling Items
-295.92M
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Reconciling Items Growth
19.50%
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Other
577.77M
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Other Growth
28.78%
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Revenue by Geography

Fiscal year is January - December.
Fiscal Year
 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Period Ending
 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Israel
5.90B
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Israel Growth
11.84%
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United States
2.38B
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United States Growth
4.05%
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Europe
1.16B
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Europe Growth
31.85%
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Africa
96.02M
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Africa Growth
7.06%
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Other (mainly Asia Pacific)
81.97M
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Other (mainly Asia Pacific) Growth
18.03%
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Japan
43.82M
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Japan Growth
15.07%
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