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FORTY| Name | Value |
|---|---|
| Revenues | 670.4M |
| Cost of Revenue | 508.5M |
| Gross Profit | 161.9M |
| Operating Expense | 101.1M |
| Operating I/L | 34.3M |
| Other Income/Expense | -7.1M |
| Interest Income | 6.3M |
| Pretax | 53.7M |
| Income Tax Expense | 11.5M |
| Net Income/Loss | 42.2M |
Formula Systems (1985) Ltd. and its subsidiaries provide proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions globally. The company offers computer and telecommunication infrastructure solutions, cloud computing solutions, database and big data services, customer relations management, web content management, application integration, and professional training courses. It also markets and sells computers and peripheral equipment, property and casualty insurance platforms, life, pension, and annuities platforms, reinsurance software solutions, financial and compliance solutions, decision management platforms, technology-based solutions, application development and business process integration platforms, and vertical software solutions.
