FORMULA SYSTEMS (1985) LTD
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 3.0
- Dividend yield
- –
About Formula Systems (1985)
Services-Computer Programming Services, SIC 7371
Formula Systems (1985) Ltd. is a holding company that delivers information technology solutions, software products, and consulting services through its network of subsidiaries and affiliates. Operating across diverse sectors including defense, healthcare, telecommunications, and financial markets, the company provides application development, cloud migration, data analytics, IT staffing, cybersecurity, and specialized platforms such as payroll and transportation management systems. Its major operating units include Matrix, Michpal, TSG Systems, and Formula Infrastructure, serving enterprise clients, private and public corporations, local authorities, and government ministries.
The company conducts business activities across Israel, the United States, and other global regions through its operating subsidiaries. Formula Systems engages in long-term engineering, technological consulting, and utility infrastructure projects worldwide. The company maintains its corporate headquarters and principal executive offices in Or Yehuda, Israel.
Summary of the business section of Formula Systems (1985)'s latest annual report, written by StockData.
Company profile
Company
- Legal name
- FORMULA SYSTEMS (1985) LTD
- Founded
- 1985
- Headquarters
- Or Yehuda, L3
- Address
- Yahadut Canada 1 St. 6037501
- Phone
- 972-3-538-9474
- Website
- www.formulasystems.com
- Employees
- 500, Dec 31, 2025
- Industry
- Services-Computer Programming Services
- Incorporated in
- L3
- Fiscal year ends
- December 31
- Auditor
- Ziv Haft, Tel Aviv, Israel
Stock & identifiers
- Ticker
- FORTY
- Exchange
- Nasdaq
- IPO date
- Oct 20, 1997
- Shares outstanding
- 15M, Dec 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1045986
- CUSIP
- 346414105
- ISIN
- US3464141056
- LEI
- 5299007HN634606FI520
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Asaf Berenstin | CFO | 31,833 |
| Guy Bernstein | CEO | 1,797,973 |
| Karolina Maria Rzonca-Bajorek | Director | – |
| Rafal Marek Kozlowski | Director | – |
| Gabriela Barbara Zukowicz | Director | – |
| Ilan Regev | Director | – |
| Amir Hillman | Director | – |
| Itay IM Meroz | Director | – |
| Marek Pawel Panek | Director | – |
Employees
Headcount reported in annual reports
“In the recent, renewed conflict with Iran and Hezbollah that began in February 2026, 500 employees employed”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 30, 2026 | Late filing | Notification of late filing |
| Apr 30, 2025 | Late filing | Notification of late filing |
| Apr 29, 2024 | Late filing | Notification of late filing |
| May 1, 2023 | Late filing | Notification of late filing |
| May 2, 2022 | Late filing | Notification of late filing |
| May 3, 2021 | Late filing | Notification of late filing |
| Jun 15, 2020 | Late filing | Notification of late filing |
| May 1, 2019 | Late filing | Notification of late filing |
| Apr 30, 2018 | Late filing | Notification of late filing |
| May 1, 2017 | Late filing | Notification of late filing |
| May 2, 2016 | Late filing | Notification of late filing |
| Apr 30, 2013 | Late filing | Notification of late filing |
| Apr 30, 2012 | Late filing | Notification of late filing |