Formula Systems Reports Record Q1 2025 Financial Results

An announcement from Formula Systems ( (FORTY) ) is now available.

On May 22, 2025, Formula Systems announced its financial results for the first quarter ended March 31, 2025. The company reported a record-breaking revenue of $754.7 million, an 8.1% increase year over year, and a net income of $19.3 million, a 12.6% increase. The board approved a cash dividend of approximately $0.44 per share, payable on July 22, 2025. The company remains in compliance with all financial covenants and continues to leverage fast-growing technologies like cloud and AI to drive growth and value for its customers.

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

Formula Systems is a global information technology holding company that operates through its subsidiaries and affiliates. It provides software consulting services, computer-based business solutions, and develops proprietary software products. The company is listed on the Tel-Aviv Stock Exchange and the Nasdaq Global Select Market.

Average Trading Volume: 1,082

Technical Sentiment Signal: Buy

Current Market Cap: $1.54B

For detailed information about FORTY stock, go to TipRanks’ Stock Analysis page.