Formula Systems (1985) (FORTY) Interest & Investment Income (2017 - 2018)
Formula Systems (1985) (FORTY) posted quarterly Interest & Investment Income of $5.8 million for Q4 2018, down 31.6% year-on-year from $8.5 million in Q4 2017, and up 1815.13% on a QoQ basis from $304000.0 in Q3 2018.
Formula Systems (1985) (FORTY) Interest & Investment Income (2017 - 2018) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Interest & Investment Income for 2 consecutive years, with $5.8 million the latest figure, recorded in Q4 2018.
- Quarterly Interest & Investment Income fell 31.6% year-over-year to $5.8 million in Q4 2018, while the trailing twelve-month figure through Dec 2018 was $14.6 million (up 82.62% YoY) and the FY2025 annual result came in at $13.6 million, up 30.08% from the prior year.
- Interest & Investment Income grew to $5.8 million in Q4 2018 per FORTY's latest filing, from $304000.0 in the prior quarter.
- Over the last five years, Interest & Investment Income for FORTY reached as high as $8.5 million in Q4 2017 and fell as low as -$12000.0 in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | - |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 75.07 Mn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | - |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | - |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 22.00 Mn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | - |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | - |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | - |
| 10 | Formula Systems (1985) | 1.63 Bn | 883.74 Mn | 146.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 5.82 Mn |
| Sep 30, 2018 | 304,000.00 |
| Dec 31, 2017 | 8.51 Mn |
| Sep 30, 2017 | -12,000.00 |