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Company Profile

  • Business description

    Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.

  • Contact

    Yahadut Canada 1 Street
    Or Yehuda
    Tel Aviv 6037501
    ISR

    T: +972 35389389

    https://www.formulasystems.com

  • Sector

    Technology

    Stock type

    Sensitive

  • Industry

    Information Technology Services

    Fiscal Year End

    31 December 2024

    Employees

    22,059

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,817.40 81.50 -1.03%
CAC 40 8,022.41 0.85 -0.01%
DAX 40 17,737.36 100.04 -0.56%
Dow JONES (US) 37,996.42 221.04 0.59%
FTSE 100 7,895.85 18.80 0.24%
HKSE 16,224.14 161.73 -0.99%
NASDAQ 15,388.65 212.85 -1.36%
Nikkei 225 37,068.35 1,011.35 -2.66%
NZX 50 Index 11,796.21 39.83 -0.34%
S&P 500 4,987.15 23.97 -0.48%
S&P/ASX 200 7,567.30 74.80 -0.98%
SSE Composite Index 3,065.26 8.96 -0.29%

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