Formula Systems (1985) (FORTY) Acquisitions (2009 - 2018)
Formula Systems (1985) (FORTY) posted quarterly Acquisitions of -$20.6 million for Q4 2018, down 572.35% year-on-year from $4.4 million in Q4 2017, and down 572.35% on a QoQ basis from -$3.1 million in Q4 2017.
Formula Systems (1985) (FORTY) Acquisitions (2009 - 2018) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Acquisitions for 6 consecutive years, with -$20.6 million the latest figure, recorded in Q4 2018.
- Quarterly Acquisitions fell 572.35% year-over-year to -$20.6 million in Q4 2018, while the trailing twelve-month figure through Jun 2016 was $26.0 million (changed N/A YoY) and the FY2025 annual result came in at -$135.7 million, down 170.3% from the prior year.
- Acquisitions fell to -$20.6 million in Q4 2018 per FORTY's latest filing, from -$3.1 million in the prior quarter.
- Over the last five years, Acquisitions for FORTY reached as high as $26.0 million in Q2 2016 and fell as low as -$20.6 million in Q4 2018.
- A 3-year average of $779000.0 and a median of -$3.1 million in 2017 frame the typical range for Acquisitions.
- The largest YoY upside for Acquisitions was 572.35% in 2018 against a maximum downside of 572.35% in 2018.
- Year by year, Acquisitions stood at $26.0 million in 2016, then plunged by 111.78% to -$3.1 million in 2017, then plunged by 572.35% to -$20.6 million in 2018.
- According to Business Quant data, Acquisitions over the past three periods registered -$20.6 million, -$3.1 million, and $26.0 million for Q4 2018, Q4 2017, and Q2 2016 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 15.00 Mn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 1.04 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | - |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 516.60 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 7.86 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 730.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -348.25 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 65.20 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -20.57 Mn |
| Dec 31, 2017 | -3.06 Mn |
| Jun 30, 2016 | 25.97 Mn |
| Dec 31, 2011 | 79.20 Mn |
| Sep 30, 2011 | 73.16 Mn |
| Jun 30, 2011 | 3.75 Mn |
| Mar 31, 2011 | 3.17 Mn |
| Dec 31, 2010 | 3.21 Mn |
| Dec 31, 2009 | 3.71 Mn |