Formula Systems Revenue, Profits - FORTY Annual Income Statement

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$37.8 $0 (0%) FORTY stock closing price Jun 22, 2018 (Closing)

Fundamental analysis of FORTY stock involves analyzing its financial statements, apart from checking the Formula Systems stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 1.11B to 1.36B and how operating and non operating activities have impacted the FORTY stock. Along with Formula Systems assets and Formula Systems free cash flow, Formula Systems profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 is $10.35M and the 2017 revenue is $1.36B.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Formula Systems Revenues or Net Sales
1.36B1.11B750.55M636.41M796.67M744.73M640.61M549.69M469.39M590.8M
Cost Of Goods Sold (COGS)1.06B849.84M601.74M530.08M603.08M564.8M492.88M412.46M352.28M452.26M
Formula Systems Gross Profit
296.82M258.78M148.8M106.33M193.59M179.92M147.73M137.23M117.1M138.54M
Research & Development Expense39.85M22.32M7.48M-14.16M12.34M5.14M5.5M4.43M6.56M
Selling General & Admin Expense184.11M147.95M94.72M70.52M117.89M110.75M93.34M84.51M77.32M98.6M
Income Before Depreciation Depletion Amortization72.85M88.49M46.59M35.02M61.53M56.82M49.24M47.21M35.35M33.37M
Depreciation Depletion Amortization----------
Non Operating Income9.87M6.35M--4.85M-6.23M--6.29M-4.6M1.43M-6.92M
Interest Expense29.91M17.59M8.25M--6.67M----
Formula Systems Pretax Income
52.81M77.26M38.34M30.16M55.29M50.32M42.95M42.61M36.79M26.44M
Provision for Income Taxes13.37M21.16M10.98M10.07M8.92M6.58M5.68M6.54M8.3M3.54M
MinorityInterest29.08M33.65M18.74M------10.81M
Investment Gains Losses--65.09M-------
Other Income----56.58M-25.87M-1.07M-0.33M-0.21M
Income Before Extraordinaries & Disc Operations39.44M56.1M92.44M20.09M102.96M43.74M63.13M35M28.15M11.86M
Extraordinary Items & Discontinued Operations-----3.74M--4.87M-
Formula Systems Profit/ Loss (Net Income)
10.35M22.44M73.7M20.09M102.96M47.48M63.13M35M33.03M11.86M
Average Shares used to compute Diluted EPS14.73M15.53M14.74M14.41M14.19M13.79M13.67M13.52M13.56M13.2M
Average Shares used to compute Basic EPS14.44M14.21M14.07M13.93M13.79M13.6M13.51M13.38M13.2M13.2M
Income Before Nonrecurring Items10.73M22.45M19.32M35.15M79.84M27.33M26.33M18.38M14.2M11.87M
Income from Nonrecurring Items---39.91M-2.95M-3.3M16.63M---
Formula Systems Earnings Per Share Basic Net
0.741.581.385.385.571.783.171.371.450.88
Formula Systems Earnings Per Share Diluted Net
0.711.491.315.195.381.723.111.361.410.88
EPS Diluted Before Nonrecurring Items0.711.491.312.405.421.961.891.361.050.88
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.240.810.770.550.260.000.551.161.800.59
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Formula Systems stock analysis. It helps to look at the following income statement items:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Formula Systems revenue chart implies that the company is growing. It has been the case with Formula Systems. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $10.35M for FORTY stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called the profit and loss statement. Apart from the FORTY income statement, one can check the Formula Systems historical stock prices to check how the price has moved with time.

Formula Systems Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
31.9
PS Ratio (price sales ratio)
0.39
Operating Margin
6.9
Net Profit Margin
1.9
Dividend Yield
0.63%