Formula Systems (1985) (FORTY) Prepaid Assets (2009 - 2026)
Formula Systems (1985) (FORTY) reported Prepaid Assets of $104.18 million for Q2 2026, down 5.0% from $109.61 million a year earlier and down 5.9% from the prior quarter.
Formula Systems (1985) (FORTY) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Formula Systems (1985) posted Prepaid Assets of $80.6 million, down 10.3% from FY2024.
- Prepaid Assets has a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $89.88 million in FY2024 (+6.2%), $84.67 million in FY2023 (+31.2%), $64.54 million in FY2022 (-10.5%) and $72.12 million in FY2021 (-14.0%).
- Five-year quarterly Prepaid Assets spans a low of $64.54 million in Q4 2022 and a high of $110.7 million in Q1 2026.
- Year over year, Prepaid Assets gained in five of the last eight quarters, with growth averaging 5.4%.
- The high point for year-over-year Prepaid Assets in five years was Q4 2023 (growth of 31.2%); the low point was Q4 2021 (a decline of 14.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $110.7 million (Q1 2026), $80.6 million (Q4 2025) and $80.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 54.39 Bn | 40.89 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 34.33 Bn | 27.49 Bn | 1.83 Bn |
| 3 | Wipro | 22.89 Bn | 18.03 Bn | 745.00 Mn |
| 4 | Cdw | 21.00 Bn | 18.98 Bn | 1.32 Bn |
| 5 | Td Synnex | 19.58 Bn | 13.74 Bn | 1.43 Bn |
| 6 | Cgi | 18.28 Bn | 16.07 Bn | - |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn |
| 8 | Avnet | 7.27 Bn | 6.45 Bn | 865.03 Mn |
| 9 | EPAM Systems | 7.20 Bn | 2.84 Bn | 429.57 Mn |
| 10 | Formula Systems (1985) | 1.85 Bn | -1.05 Bn | 158.43 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.18 Mn |
| Mar 31, 2026 | 110.70 Mn |
| Dec 31, 2025 | 80.60 Mn |
| Sep 30, 2025 | 80.56 Mn |
| Jun 30, 2025 | 109.61 Mn |
| Mar 31, 2025 | 96.89 Mn |
| Dec 31, 2024 | 89.88 Mn |
| Sep 30, 2024 | 86.41 Mn |
| Jun 30, 2024 | 90.27 Mn |
| Mar 31, 2024 | 92.56 Mn |
| Dec 31, 2023 | 84.67 Mn |
| Sep 30, 2023 | 72.91 Mn |
| Jun 30, 2023 | 76.38 Mn |
| Mar 31, 2023 | 80.91 Mn |
| Dec 31, 2022 | 64.54 Mn |
| Sep 30, 2022 | 71.24 Mn |
| Jun 30, 2022 | 70.65 Mn |
| Mar 31, 2022 | 78.60 Mn |
| Dec 31, 2021 | 72.12 Mn |
| Sep 30, 2021 | 75.52 Mn |
Formula Systems (1985) Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=FORTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();