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| Date | Value |
|---|---|
| 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 |