SymbolFORTY.B3
NameFORMULA SYSTEMS (1985) LTD.
SectorTECHNOLOGY
RegionMiddle East
IndustryTECHNOLOGY
AddressYAHADUT CANADA 1 STREET,OR YEHUDA, TEL AVIV, 6037501, Israel
Telephone03-5389201
Fax03-5389333
Emailasafb@formula.co.il
Websitewww.formulasystems.com
IncorporationIsrael
Incorporated On
Employees
Fiscal Year
Public Since
ExchangesTASE;NASDAQ
Auditor
Audit StatusNOT PROVIDED
Reporting Status
CIK
Description

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the companys revenue comes from Israel.

Additional info from NASDAQ:
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the companys revenue comes from Israel.

2026-04-30 07:41

Formula intends to file its annual report for 2025 within the prescribed extension by May 15, 2026.

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2026-03-26 09:23

Reports Fourth Quarter and Full Year 2025 Financial Results

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