Formula Systems Announces Annual General Meeting for May 2025

The latest announcement is out from Formula Systems ( (FORTY) ).

Formula Systems (1985) Ltd., an Israeli company, announced its upcoming annual general meeting of shareholders scheduled for May 27, 2025. The meeting will address several key agenda items, including the re-election of board members, the election of a new board member, and the approval of director fees and compensation terms. Additionally, the re-appointment of Ziv Haft Certified Public Accountants as the company’s independent registered public accounting firm will be considered. Shareholders are encouraged to vote on these proposals, which are crucial for the company’s governance and operational continuity.

Spark’s Take on FORTY Stock

According to Spark, TipRanks’ AI Analyst, FORTY is a Outperform.

Formula Systems scores well on financial performance due to its revenue growth and strong cash flow, though there is a need to address profitability. Technical indicators suggest positive momentum, but valuation metrics indicate the stock is fairly priced without significant upside potential. The lack of earnings call and corporate events information limits further insights. The overall stock score reflects a stable but cautious outlook.

To see Spark’s full report on FORTY stock, click here.

More about Formula Systems

YTD Price Performance: 3.87%

Average Trading Volume: 1,175

Technical Sentiment Signal: Sell

Current Market Cap: $1.33B

See more data about FORTY stock on TipRanks’ Stock Analysis page.