Formula Systems Q2 revenue up 11.3% YoY to $743.4mln.

• Formula Systems reports Q2 revenues of $743.4mln, up 11.3% YoY • Revenue increase due to subsidiary and affiliate growth • Operating income for Q2 2025 not specified • Company provides software consulting services and develops proprietary software products • Global IT group with subsidiaries and affiliates worldwide

Formula Systems (NASDAQ: FORTY), a global information technology group, has reported robust financial results for the second quarter of 2025. The company's revenues reached an all-time high of $743.4 million, marking an 11.3% year-over-year increase [1]. This growth is primarily attributed to the performance of the company's subsidiaries and affiliates, which have shown significant expansion.

The company provides a range of software consulting services and develops proprietary software products, positioning it as a key player in the global IT market. With operations spanning multiple regions, Formula Systems has maintained a strong financial position, boasting $406.2 million in cash and deposits and total equity of $1.46 billion as of June 30, 2025 [1].

While the company's operating income for the second quarter of 2025 was not specified in the provided materials, the overall financial performance indicates a solid foundation for future growth. The company's focus on driving sustainable growth and operational excellence has been instrumental in achieving these results.

Formula Systems has also been active in the acquisition market, with notable transactions such as the acquisition of Advent, which is expected to generate a $775 million capital gain for the company [1]. Additionally, the company has announced a dividend of approximately $0.50 per share, reflecting its commitment to shareholder value.

Overall, Formula Systems' Q2 2025 financial results underscore the company's strong performance and position in the global IT market. The company's strategic focus on innovative technologies and operational excellence continues to drive its success.

References:
[1] https://www.stocktitan.net/news/FORTY/formula-systems-reports-second-quarter-and-first-half-2025-financial-izvsb7ham3fo.html