Formula Systems (1985) Ltd. (ADR)  

(Public, NASDAQ:FORTY)   Watch this stock  
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27.89
+0.89 (3.30%)
Real-time:   9:33AM EDT
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Currency in USD
Range 27.00 - 27.89
52 week 21.79 - 33.79
Open 27.89
Vol / Avg. 125.00/1,201.00
Mkt cap 410.51M
P/E 2.97
Div/yield 0.48/3.44
EPS 9.39
Shares 14.72M
Beta 1.05
Inst. own 1%
May 13, 2014
Q1 2014 Formula Systems 1985 Ltd Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q1 (Mar '14) 2013
Net profit margin 1.28% 5.82%
Operating margin 4.02% 7.72%
EBITD margin - 11.27%
Return on average assets 1.01% 5.28%
Return on average equity 64.49% 28.62%
Employees 8,758 -
CDP Score - -

Address

5 HaPlada st., P.O Box 5012
OR YEHUDA, 60218
Israel
+972-3-5389487 (Phone)
+972-3-5389645 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services company based in Israel. The Company is principally engaged in providing software consulting services, developing software products and providing computer-based business solutions. It delivers its solutions in over 50 countries worldwide to customers with IT services needs. The Company´┐Żs subsidiaries are Magic Software Enterprises Ltd. (Magic Software), Matrix IT Ltd. (Matrix) and Sapiens International Corporation N.V. (Sapiens). The Company operates in two business areas: IT services and proprietary software solutions. In February 2010, a subsidiary of Magic Software completed the acquisition of the consulting and staffing business of a United States-based IT services company. In October 2009, the Company completed the sale of its entire 100% shareholdings in its subsidiary nextSource.

Officers and directors

Guy Bernstein CPA Chief Executive Officer
Age: 46
Bio & Compensation  - Reuters
Asaf Berenstin Chief Financial Officer
Age: 35
Bio & Compensation  - Reuters
Dafna Cohen Director
Age: 44
Bio & Compensation  - Reuters
Rafal Kozlowski Director
Bio & Compensation  - Reuters
Marek Pawel Panek Director
Age: 45
Bio & Compensation  - Reuters
Iris Yahal Director
Age: 52
Bio & Compensation  - Reuters
Eliyahu Zamir Director
Age: 44
Bio & Compensation  - Reuters