Formula Systems (1985) (FORTY) Free Cash Flow (2017 - 2018)
Formula Systems (1985) (FORTY) posted quarterly Free Cash Flow of $34.8 million for Q4 2018, up 59.52% year-on-year from $21.8 million in Q4 2017, and up 59.52% on a QoQ basis from $21.8 million in Q4 2017.
Formula Systems (1985) (FORTY) Free Cash Flow (2017 - 2018) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Free Cash Flow for 2 consecutive years, with $34.8 million the latest figure, recorded in Q4 2018.
- Quarterly Free Cash Flow rose 59.52% year-over-year to $34.8 million in Q4 2018, while the trailing twelve-month figure through Sep 2019 was $34.8 million (up 59.52% YoY) and the FY2025 annual result came in at $365.9 million, up 18.78% from the prior year.
- Free Cash Flow advanced to $34.8 million in Q4 2018 per FORTY's latest filing, from $21.8 million in the prior quarter.
- Over the last five years, Free Cash Flow for FORTY reached as high as $34.8 million in Q4 2018 and fell as low as $21.8 million in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 3.60 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 175.81 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | - |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 23.08 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 663.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 198.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 35.69 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 293.00 Mn |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 34.83 Mn |
| Dec 31, 2018 | 34.83 Mn |
| Dec 31, 2017 | 21.84 Mn |
| Dec 31, 2017 | 21.84 Mn |