Formula Systems (1985) (FORTY) Investment Income (2016 - 2021)
Formula Systems (1985) (FORTY) posted quarterly Investment Income of $28.5 million for Q1 2021, up 0.7% on a QoQ basis from $28.3 million in Q4 2020.
Formula Systems (1985) (FORTY) Investment Income (2016 - 2021) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Investment Income for 6 consecutive years, with $28.5 million the latest figure, recorded in Q1 2021.
- Quarterly Investment Income changed N/A year-over-year to $28.5 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $28.5 million (changed N/A YoY) and the FY2020 annual result came in at $28.3 million, changed N/A from the prior year.
- Investment Income rose to $28.5 million in Q1 2021 per FORTY's latest filing, from $28.3 million in the prior quarter.
- Over the last five years, Investment Income for FORTY reached as high as $28.5 million in Q1 2021 and fell as low as $25242.0 in Q3 2018.
- A 5-year average of $11.9 million and a median of $26933.0 in 2019 frame the typical range for Investment Income.
- Annual changes were most pronounced in 2018 — Investment Income plunged 99.9% — and 2019, when it grew 6.67%.
- Year by year, Investment Income stood at $25315.0 in 2017, then climbed by 1.56% to $25710.0 in 2018, then increased by 4.76% to $26933.0 in 2019, then jumped by 105016.4% to $28.3 million in 2020, then climbed by 0.7% to $28.5 million in 2021.
- According to Business Quant data, Investment Income over the past three periods registered $28.5 million, $28.3 million, and $26933.0 for Q1 2021, Q4 2020, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inv. Income (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 | - |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | -22.28 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 | - |
| 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 |
|---|---|
| Mar 31, 2021 | 28.51 Mn |
| Dec 31, 2020 | 28.31 Mn |
| Jun 30, 2019 | 26,933.00 |
| Dec 31, 2018 | 25,710.00 |
| Sep 30, 2018 | 25,242.00 |
| Jun 30, 2018 | 25,248.00 |
| Mar 31, 2018 | 25,393.00 |
| Dec 31, 2017 | 25,315.00 |
| Sep 30, 2017 | 24.70 Mn |
| Jun 30, 2017 | 24.59 Mn |
| Mar 31, 2017 | 24.39 Mn |
| Dec 31, 2016 | 24.08 Mn |