Formula Systems (1985) Ltd

FORTY

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 operating segments: 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, Michpal, ZAP Group, and Others. The majority of the company's revenue comes from Israel.

  • Contact

    Terminal Center, 1 Yahadut Canada Street
    Or Yehuda
    Tel Aviv6037501
    ISR

    T: +972 35389305

    https://www.formulasystems.com

  • Sector

    Technology

    Stock type

    Sensitive

  • Industry

    Information Technology Services

    Fiscal Year End

    31 December 2025

    Employees

    22,720

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