Formula Systems (1985) (Formula Systems (1985)) Other Net Income (Loss) : $1 Mil (TTM As of Sep. 2023)

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What is Formula Systems (1985) Other Net Income (Loss)?

Formula Systems (1985)'s Other Net Income (Loss) for the three months ended in Sep. 2023 was $0 Mil. Its Other Net Income (Loss) for the trailing twelve months (TTM) ended in Sep. 2023 was $1 Mil.

Formula Systems (1985)'s quarterly Other Net Income (Loss) increased from Mar. 2023 ($0 Mil) to Jun. 2023 ($0 Mil) and increased from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil).

Formula Systems (1985)'s annual Other Net Income (Loss) declined from Dec. 2020 ($2 Mil) to Dec. 2021 ($1 Mil) and declined from Dec. 2021 ($1 Mil) to Dec. 2022 ($-2 Mil).

Formula Systems (1985) Other Net Income (Loss) Historical Data

The historical data trend for Formula Systems (1985)'s Other Net Income (Loss) 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 Net Income (Loss) Chart

Formula Systems (1985) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Net Income (Loss)

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1.79

1.54

0.50

-1.81

0.77

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
Other Net Income (Loss)	Get a 7-Day Free Trial															-2.38	0.04	0.17	0.39	0.17

Formula Systems (1985) Other Net Income (Loss) Calculation

Different companies can and do choose to report each of income statement items separately. Yet, there are a variety of items which are simply too numerous to list. Therefore GuruFocus uses a standardized financial statement format for all companies. Other Net Income (Loss) may include but is not limited to items such as net income (loss) from discontinuing operations, extraordinary, earnings from equity interest net of tax, etc. After-tax income and Other Net Income (Loss) together constitute Net Income Including Noncontrolling Interests.

Other Net Income (Loss) 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 $1 Mil.

Formula Systems (1985) Other Net Income (Loss) Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (NAS:FORTY) » Definitions » Other Net Income (Loss)

Comparable Companies

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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.