Formula Systems (1985) (XTAE:FORTY) Other Operating Expense : ₪301 Mil (TTM As of Mar. 2025)

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What is Formula Systems (1985) Other Operating Expense?

Formula Systems (1985)'s Other Operating Expense for the three months ended in Mar. 2025 was ₪-0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₪301 Mil.

Formula Systems (1985)'s quarterly Other Operating Expense increased from Sep. 2024 (₪-25 Mil) to Dec. 2024 (₪326 Mil) but then declined from Dec. 2024 (₪326 Mil) to Mar. 2025 (₪-0 Mil).

Formula Systems (1985)'s annual Other Operating Expense increased from Dec. 2022 (₪256 Mil) to Dec. 2023 (₪263 Mil) and increased from Dec. 2023 (₪263 Mil) to Dec. 2024 (₪301 Mil).

Formula Systems (1985) Other Operating Expense Historical Data

The historical data trend for Formula Systems (1985)'s Other Operating Expense 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) Other Operating Expense Chart

Formula Systems (1985) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Other Operating Expense

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222.42

255.92

263.20

300.74

Formula Systems (1985) Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Other Operating Expense	Get a 7-Day Free Trial															-	-	-25.36	326.11	-

Formula Systems (1985) Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪301 Mil.

Formula Systems (1985) Other Operating Expense Related Terms

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Formula Systems (1985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (XTAE:FORTY) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

FORTY:USA FSY:Germany

Address

Terminal Center, 1 Yahadut Canada 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 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.