Formula Systems (1985) (FORTY) Accumulated Expenses (2010 - 2017)
Formula Systems (1985)'s (FORTY) quarterly Accumulated Expenses came in at $110.8 million in Q4 2017, up 22.16% on a YoY basis from $90.7 million in Q4 2016, and up 11.85% quarter-over-quarter from $99.1 million in Q3 2017.
Formula Systems (1985) (FORTY) Accumulated Expenses (2010 - 2017) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Accumulated Expenses for 8 consecutive years, with $110.8 million the latest figure, recorded in Q4 2017.
- For the quarter ending Q4 2017, Accumulated Expenses rose 22.16% year-over-year to $110.8 million; the trailing twelve-month figure through Dec 2017 stood at $110.8 million (up 22.16% YoY), and the FY2017 full-year result was $110.8 million, up 22.16% from the prior year.
- Accumulated Expenses rose to $110.8 million in Q4 2017 per FORTY's latest filing, from $99.1 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $110.8 million in Q4 2017 and bottomed at $51.4 million in Q4 2015.
- Historically, Accumulated Expenses has averaged $82.9 million across 5 years, with a median of $93.3 million in 2016.
- The sharpest annual moves came in 2015 and 2016: Accumulated Expenses dropped 18.65% in 2015, then soared 76.51% in 2016.
- Over 5 years, Accumulated Expenses stood at $54.4 million in 2013, then gained by 16.2% to $63.2 million in 2014, then declined by 18.65% to $51.4 million in 2015, then jumped by 76.51% to $90.7 million in 2016, then advanced by 22.16% to $110.8 million in 2017.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $110.8 million, $99.1 million, and $97.6 million for Q4 2017, Q3 2017, and Q2 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2017 | 110.81 Mn |
| Sep 30, 2017 | 99.07 Mn |
| Jun 30, 2017 | 97.59 Mn |
| Mar 31, 2017 | 95.89 Mn |
| Dec 31, 2016 | 90.71 Mn |
| Dec 31, 2015 | 51.39 Mn |
| Dec 31, 2014 | 63.17 Mn |
| Dec 31, 2013 | 54.37 Mn |
| Dec 31, 2012 | 62.09 Mn |
| Dec 31, 2011 | 41.01 Mn |
| Dec 31, 2010 | 40.70 Mn |
Formula Systems (1985) Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FORTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();