Formula Systems (1985) FORTY
NASDAQ FORTY
$114.00 -3.57 (-3.04%)
As of: Sep 22, 2026 · 1:53 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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