FORMULA SYSTEMS (1985) LTD

FORMULA SYSTEMS (1985) LTD (FORTY) is a publicly listed company on US equity markets.

Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.

The company reports net income of $73.70M.

Key metrics include a return on equity of 16.3%, a debt-to-equity ratio of 1.12.

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