Formula Historical Income Statement

FORTY Stock

USD 80.20 2.53 3.06%

Historical analysis of Formula Systems income statement accounts such as Total Revenue of 2.8 B or Gross Profit of 675.9 M can show how well Formula Systems 1985 performed in making a profits. Evaluating Formula Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Formula Systems's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Formula Systems 1985 latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Formula Systems 1985 is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Formula Income Statement Analysis

Formula Systems 1985 Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Formula Systems shareholders. The income statement also shows Formula investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Formula Systems Income Statement Chart

At this time, Formula Systems' Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 221.6 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (26.9 M).

Total Revenue Gross Profit Other Operating Expenses Operating Income Research Development Net Interest Income

Total Revenue

Total revenue comprises all receipts Formula Systems 1985 generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Formula Systems 1985 minus its cost of goods sold. It is profit before Formula Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Formula Systems 1985. It is also known as Formula Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Formula Systems 1985 operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Formula Systems 1985 is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most accounts from Formula Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Formula Systems 1985 current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Interest Expense	24.0M	19.9M	38.4M	40.3M
Depreciation And Amortization	122.2M	115.3M	121.8M	127.9M

Interest Expense Depreciation And Amortization

Formula Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.89	0.98	0.98	0.98	0.76	0.91	0.98	0.96	0.98	0.98	0.96	-0.39	0.61	0.95	0.79	-0.31	0.06	0.65	0.89	-0.3	-0.87	0.96	-0.55
Interest Expense	0.89		0.89	0.9	0.89	0.72	0.82	0.91	0.86	0.89	0.9	0.8	-0.44	0.28	0.81	0.71	-0.23	0.04	0.41	0.68	-0.08	-0.95	0.81	-0.74
Total Revenue	0.98	0.89		0.99	1.0	0.83	0.94	0.99	0.98	1.0	0.99	0.96	-0.46	0.57	0.97	0.76	-0.28	0.13	0.6	0.89	-0.25	-0.84	0.92	-0.57
Gross Profit	0.98	0.9	0.99		0.99	0.85	0.96	0.99	0.98	0.99	1.0	0.97	-0.47	0.56	0.97	0.76	-0.35	0.09	0.64	0.9	-0.22	-0.84	0.93	-0.61
Other Operating Expenses	0.98	0.89	1.0	0.99		0.82	0.94	0.99	0.97	1.0	0.99	0.96	-0.46	0.57	0.97	0.76	-0.27	0.13	0.59	0.89	-0.25	-0.84	0.91	-0.57
Operating Income	0.76	0.72	0.83	0.85	0.82		0.9	0.82	0.87	0.82	0.85	0.88	-0.55	0.42	0.86	0.56	-0.5	0.13	0.65	0.81	0.08	-0.58	0.7	-0.67
Ebit	0.91	0.82	0.94	0.96	0.94	0.9		0.92	0.99	0.94	0.95	0.97	-0.67	0.59	0.96	0.68	-0.44	0.14	0.7	0.92	-0.12	-0.77	0.88	-0.58
Research Development	0.98	0.91	0.99	0.99	0.99	0.82	0.92		0.96	0.98	0.99	0.95	-0.43	0.51	0.95	0.8	-0.29	0.04	0.58	0.86	-0.24	-0.85	0.9	-0.59
Ebitda	0.96	0.86	0.98	0.98	0.97	0.87	0.99	0.96		0.97	0.98	0.98	-0.59	0.61	0.98	0.73	-0.41	0.12	0.7	0.93	-0.18	-0.82	0.93	-0.58
Cost Of Revenue	0.98	0.89	1.0	0.99	1.0	0.82	0.94	0.98	0.97		0.99	0.96	-0.46	0.57	0.97	0.75	-0.26	0.15	0.58	0.88	-0.26	-0.84	0.91	-0.56
Total Operating Expenses	0.98	0.9	0.99	1.0	0.99	0.85	0.95	0.99	0.98	0.99		0.96	-0.47	0.53	0.96	0.77	-0.34	0.07	0.61	0.88	-0.21	-0.84	0.91	-0.6
Income Before Tax	0.96	0.8	0.96	0.97	0.96	0.88	0.97	0.95	0.98	0.96	0.96		-0.47	0.67	0.99	0.72	-0.42	0.13	0.75	0.96	-0.23	-0.76	0.93	-0.54
Total Other Income Expense Net	-0.39	-0.44	-0.46	-0.47	-0.46	-0.55	-0.67	-0.43	-0.59	-0.46	-0.47	-0.47		-0.21	-0.46	-0.27	0.38	-0.07	-0.39	-0.45	-0.23	0.42	-0.39	0.39
Net Income	0.61	0.28	0.57	0.56	0.57	0.42	0.59	0.51	0.61	0.57	0.53	0.67	-0.21		0.65	0.52	-0.27	0.09	0.77	0.77	-0.41	-0.43	0.72	0.1
Income Tax Expense	0.95	0.81	0.97	0.97	0.97	0.86	0.96	0.95	0.98	0.97	0.96	0.99	-0.46	0.65		0.72	-0.32	0.24	0.67	0.95	-0.27	-0.76	0.92	-0.53
Selling General Administrative	0.79	0.71	0.76	0.76	0.76	0.56	0.68	0.8	0.73	0.75	0.77	0.72	-0.27	0.52	0.72		-0.18	-0.12	0.63	0.76	-0.1	-0.72	0.79	-0.26
Minority Interest	-0.31	-0.23	-0.28	-0.35	-0.27	-0.5	-0.44	-0.29	-0.41	-0.26	-0.34	-0.42	0.38	-0.27	-0.32	-0.18		0.36	-0.7	-0.43	-0.5	0.2	-0.39	0.42
Selling And Marketing Expenses	0.06	0.04	0.13	0.09	0.13	0.13	0.14	0.04	0.12	0.15	0.07	0.13	-0.07	0.09	0.24	-0.12	0.36		-0.17	0.16	-0.26	0.04	0.07	-0.03
Net Income From Continuing Ops	0.65	0.41	0.6	0.64	0.59	0.65	0.7	0.58	0.7	0.58	0.61	0.75	-0.39	0.77	0.67	0.63	-0.7	-0.17		0.84	0.05	-0.46	0.77	-0.24
Tax Provision	0.89	0.68	0.89	0.9	0.89	0.81	0.92	0.86	0.93	0.88	0.88	0.96	-0.45	0.77	0.95	0.76	-0.43	0.16	0.84		-0.19	-0.67	0.94	-0.35
Interest Income	-0.3	-0.08	-0.25	-0.22	-0.25	0.08	-0.12	-0.24	-0.18	-0.26	-0.21	-0.23	-0.23	-0.41	-0.27	-0.1	-0.5	-0.26	0.05	-0.19		0.2	-0.22	-0.24
Net Interest Income	-0.87	-0.95	-0.84	-0.84	-0.84	-0.58	-0.77	-0.85	-0.82	-0.84	-0.84	-0.76	0.42	-0.43	-0.76	-0.72	0.2	0.04	-0.46	-0.67	0.2		-0.84	0.57
Reconciled Depreciation	0.96	0.81	0.92	0.93	0.91	0.7	0.88	0.9	0.93	0.91	0.91	0.93	-0.39	0.72	0.92	0.79	-0.39	0.07	0.77	0.94	-0.22	-0.84		-0.44
Extraordinary Items	-0.55	-0.74	-0.57	-0.61	-0.57	-0.67	-0.58	-0.59	-0.58	-0.56	-0.6	-0.54	0.39	0.1	-0.53	-0.26	0.42	-0.03	-0.24	-0.35	-0.24	0.57	-0.44

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Formula Systems Account Relationship Matchups

Formula Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	86.9M	95.5M	122.2M	115.3M	121.8M	127.9M
Interest Expense	18.7M	26.9M	24.0M	19.9M	38.4M	40.3M
Total Revenue	1.7B	1.9B	2.4B	2.6B	2.6B	2.8B
Gross Profit	386.0M	447.4M	563.9M	622.5M	643.7M	675.9M
Other Operating Expenses	1.6B	1.8B	2.2B	2.3B	2.4B	2.5B
Operating Income	51.6M	75.1M	85.8M	276.6M	239.4M	251.3M
Ebit	51.6M	169.5M	210.5M	281.7M	249.4M	261.9M
Research Development	46.7M	52.6M	65.9M	72.1M	78.0M	81.9M
Ebitda	138.5M	265.0M	332.7M	397.0M	371.2M	389.8M
Cost Of Revenue	1.3B	1.5B	1.8B	1.9B	2.0B	2.1B
Total Operating Expenses	247.6M	276.8M	355.8M	390.1M	404.3M	424.6M
Income Before Tax	119.8M	143.8M	184.0M	256.7M	211.0M	221.6M
Total Other Income Expense Net	68.3M	(26.9M)	(24.0M)	(19.9M)	(28.3M)	(26.9M)
Net Income	92.6M	112.5M	141.4M	201.5M	64.0M	45.6M
Income Tax Expense	27.2M	31.3M	42.6M	55.2M	46.1M	48.4M
Selling General Administrative	200.9M	224.2M	211.2M	225.8M	309.4M	155.0M
Net Income Applicable To Common Shares	38.8M	46.8M	54.6M	81.4M	93.6M	98.3M
Minority Interest	474.7M	605.3M	(87.3M)	(118.3M)	(101.5M)	(96.4M)
Net Income From Continuing Ops	94.4M	114.0M	141.9M	199.7M	165.1M	112.6M
Tax Provision	27.2M	31.3M	42.6M	55.2M	46.3M	33.9M
Interest Income	3.0M	2.6M	6.0M	5.8M	13.8M	7.5M
Net Interest Income	(18.7M)	(26.9M)	(24.0M)	(19.9M)	(26.3M)	(27.6M)
Reconciled Depreciation	86.9M	95.5M	122.2M	115.3M	121.8M	99.7M

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Formula Historical Income Statement

About Formula Income Statement Analysis

Formula Systems Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Net Interest Income

Formula Systems income statement Correlations

Formula Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Formula Systems income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Gross Profit	+ 0.99	Total Revenue
Research Development	+ 0.99	Total Revenue

Net Interest Income	- 0.95	Interest Expense
Net Interest Income	- 0.87	Depreciation And Amortization
Net Interest Income	- 0.85	Research Development
Reconciled Depreciation	- 0.84	Net Interest Income
Net Interest Income	- 0.84	Total Operating Expenses
Net Interest Income	- 0.84	Cost Of Revenue