Formula Systems (1985) (FORTY) Amortization - Intangibles (2011 - 2013)

Formula Systems (1985) (FORTY) posted quarterly Amortization - Intangibles of $3.6 million for Q4 2013, down 37.13% year-on-year from $5.7 million in Q4 2012, and down 14.08% on a QoQ basis from $4.2 million in Q3 2013.

Formula Systems (1985) (FORTY) Amortization - Intangibles (2011 - 2013) Analysis & Trends

Formula Systems (1985) (FORTY) has reported Amortization - Intangibles for 3 consecutive years, with $3.6 million the latest figure, recorded in Q4 2013.

  • Quarterly Amortization - Intangibles fell 37.13% year-over-year to $3.6 million in Q4 2013, while the trailing twelve-month figure through Dec 2013 was $16.8 million (down 15.38% YoY) and the FY2013 annual result came in at $16.8 million, down 15.38% from the prior year.
  • Amortization - Intangibles slipped to $3.6 million in Q4 2013 per FORTY's latest filing, from $4.2 million in the prior quarter.
  • Over the last five years, Amortization - Intangibles for FORTY reached as high as $5.7 million in Q4 2012 and fell as low as $2.6 million in Q3 2011.
  • A 3-year average of $4.1 million and a median of $4.2 million in 2013 frame the typical range for Amortization - Intangibles.
  • Annual changes were most pronounced in 2012 — Amortization - Intangibles soared 113.18% — and 2013, when it sank 37.13%.
  • Year by year, Amortization - Intangibles stood at $2.7 million in 2011, then soared by 113.18% to $5.7 million in 2012, then plunged by 37.13% to $3.6 million in 2013.
  • According to Business Quant data, Amortization - Intangibles over the past three periods registered $3.6 million, $4.2 million, and $4.2 million for Q4 2013, Q3 2013, and Q2 2013 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 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 -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Formula Systems (1985) 1.63 Bn 883.74 Mn 146.04 Bn

Historic Data

Download Data
DateValue
Dec 31, 2013 3.60 Mn
Sep 30, 2013 4.19 Mn
Jun 30, 2013 4.22 Mn
Mar 31, 2013 4.77 Mn
Dec 31, 2012 5.73 Mn
Sep 30, 2012 4.60 Mn
Jun 30, 2012 4.78 Mn
Mar 31, 2012 4.71 Mn
Dec 31, 2011 2.69 Mn
Sep 30, 2011 2.59 Mn
Jun 30, 2011 2.88 Mn