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Formula Systems (1985) (Formula Systems (1985)) Tax Provision : $-46 Mil (TTM As of Sep. 2023)


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What is Formula Systems (1985) Tax Provision?

Formula Systems (1985)'s tax provision for the three months ended in Sep. 2023 was $-12 Mil. Its tax provision for the trailing twelve months (TTM) ended in Sep. 2023 was $-46 Mil.

Formula Systems (1985) Tax Provision Historical Data

The historical data trend for Formula Systems (1985)'s Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Formula Systems (1985) Tax Provision Chart

Formula Systems (1985) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.20 -31.27 -42.61 -55.24 -46.08

Formula Systems (1985) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.91 -11.49 -11.38 -12.49 -10.72

Formula Systems (1985) Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-46 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formula Systems (1985) (Formula Systems (1985)) Business Description

Industry
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XTAE:HLAN XTAE:NYAX XTAE:MGIC XTAE:MLTM XTAE:CMDR XTAE:EMCO XTAE:SPDV XTAE:TNDO XTAE:UPSL ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH CDW
Traded in Other Exchanges
FORTY:Israel FSY:Germany FSY:Germany
Address
Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501
Website
https://www.formulasystems.com
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.