Formula Systems 1985 Ltd ADR FORTY · USD
Information Technology · US listing · 🇺🇸 United States
117.05
+6.17%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Formula Systems 1985 Ltd ADR
Its shares trade under the ticker FORTY. It has been listed since 21 October 1997. In the fiscal year to 31 December 2025, it reported revenue of $2.65bn and net income of $28.4m. At that date it held total assets of $3.58bn and shareholders' equity of $1.35bn.
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions and information technologies (IT) professional services in Israel, the United States, Europe, Africa, Japan, and internationally. The company also offers software product marketing and support, computer infrastructure and integration solutions, and learning and integration. In addition, it provides IT software solutions and services, and consulting and management services; computer and communication infrastructure solutions; and software solutions, web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools. Further, the company offers Sapiens software solutions, such as Sapiens CoreSuite and Sapiens IDITSuite for property and Casualty insurance; Sapiens Platform, Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities; Sapiens Digital Suite; Data and Analytics platform; and Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO for reinsurance. Additionally, it provides Sapiens workers' compensation platform; Sapiens Medical Professional Liability solution; Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro and Sapiens Reporting Tools for financial and compliance; Sapiens Decision platform; and technology-based solutions. The company also application development and business process integration platforms; vertical software solutions; cloud-based services; strategic consulting and outsourcing, and professional services, as well as cloud computing solutions; and sells and markets computers and peripheral equipment. The company was incorporated in 1985 and is headquartered in Or Yehuda, Israel.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- IT Services
- Listed since
- 21 Oct 1997
- Employees
- 4,072
- Website
- formulasystems.com ↗
- Head office
- YAHADUT CANADA 1 ST., OR YEHUDA, L3, 6037501
- Incorporated in
- L3
- Classification
- Services-Computer Programming Services
- Filer status
- Large accelerated filer
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Formula Systems provides Sapiens CoreSuite for property and Casualty insurance in Israel and the US.
- Sapiens Platform and Sapiens UnderwritingPro support life and pension insurance globally.
- Sapiens ReinsuranceMaster and Sapiens ReinsurancePro serve reinsurance markets in Europe and Africa.
Weaknesses
- Formula Systems has 4072 employees in Or Yehuda, Israel.
- The company's business spans multiple regions including Japan and Africa.
- IT services are offered in the Information Technology sector with limited regional focus.
Opportunities
- Sapiens Digital Suite targets growing digital transformation needs in Europe.
- Sapiens Data and Analytics platform can expand in the US market.
- Sapiens ConsolidationMaster offers solutions for financial services in Asia.
Threats
- Formula Systems faces competition in the Information Technology sector globally.
- The company's services are limited to specific industries like insurance.
- Economic downturns could impact IT spending in Europe and Africa.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.