Formula Systems (1985) Ltd. - American Depositary Shares (FORTY)
Frequently Asked Questions About Formula Systems (1985) Ltd. - American Depositary Shares (FORTY)
How can investors keep track of Formula Systems' financial performance?
Investors can keep track of Formula Systems' financial performance by reviewing their quarterly and annual reports, which are published on their official website and filed with the U.S. Securities and Exchange Commission (SEC). They can also follow the company updates, press releases, and stock performance on financial news platforms and stock market websites.
How does Formula Systems engage with the community?
Formula Systems actively engages with the community by participating in local initiatives, supporting educational programs, and contributing to social causes. The company understands the importance of corporate social responsibility and aims to make a positive impact in the regions where it operates.
How does Formula Systems ensure data security?
Data security is a top priority for Formula Systems. The company implements robust security measures, including encryption, secure software development practices, and compliance with global data protection regulations. It continuously reviews its security protocols and invests in cutting-edge technology to protect sensitive information from breaches.
How does Formula Systems support its employees' development?
Formula Systems is committed to the professional development of its employees, providing ongoing training, mentoring programs, and opportunities for career advancement. The company encourages a culture of learning and innovation, investing in the skills and knowledge of its workforce to help them achieve their personal and professional goals.
How has Formula Systems adapted to technological advancements?
Formula Systems has continuously adapted to technological advancements by investing in new technologies and staying ahead of industry trends. The company incorporates cutting-edge tools and practices into its service offerings, allowing it to remain competitive in a rapidly evolving landscape and effectively meet its clients’ demands.
On which stock exchange are Formula Systems' ADS listed?
Formula Systems’ American Depositary Shares (ADS) are listed on the NASDAQ stock exchange under the ticker symbol FORTY. This listing provides investors with an opportunity to invest in the company's equity while benefiting from the liquidity and regulatory standards of a major U.S. exchange.
What are American Depositary Shares (ADS)?
American Depositary Shares (ADS) are securities that represent shares in a foreign company, allowing U.S. investors to trade them on American stock exchanges. ADSs simplify the process for American investors to invest in non-U.S. companies by providing a means to buy shares in a format that conforms to local regulations and trading practices.
What are the future growth prospects for Formula Systems?
The future growth prospects for Formula Systems appear promising, driven by the increasing demand for IT solutions across industries and the company's commitment to innovation. As businesses globally embrace digital transformation, Formula Systems is well-positioned to expand its market share and enhance its service offerings in key sectors.
What are the main products and services offered by Formula Systems?
Formula Systems offers a variety of products and services, including software solutions for enterprises, application development, IT consulting, and systems integration. The company focuses on delivering custom IT solutions that meet the specific needs of its clients, ensuring operational efficiency and improved business outcomes.
What are the recent achievements or milestones of Formula Systems?
Recently, Formula Systems has achieved several milestones, including partnerships with leading technology firms, expansion into new markets, and the development of innovative software solutions that have received industry recognition. These achievements underscore the company's commitment to growth and excellence in the technology sector.
What does Formula Systems (1985) Ltd. do?
Formula Systems (1985) Ltd. is a leading software development and technology services company. It specializes in providing advanced information technology solutions and services, including software development, integrating IT systems, and offering consulting services. The company caters to a diverse client base across various industries, aiming to create value through innovative technological solutions.
What industries does Formula Systems serve?
Formula Systems serves a wide range of industries including finance, healthcare, telecommunications, and government. This diverse industry engagement allows the company to leverage its technology expertise across multiple sectors, tailoring solutions that meet the unique challenges and requirements of each industry.
What is Formula Systems' approach to innovation?
Formula Systems places a strong emphasis on innovation, focusing on developing new technologies and solutions that can address current and emerging market demands. The company invests in research and development, stays abreast of industry trends, and actively collaborates with partners and customers to drive innovative projects and solutions.
What is Formula Systems' environmental policy?
Formula Systems is dedicated to promoting sustainability and minimizing its environmental impact. The company has implemented policies focused on reducing resource consumption, promoting eco-friendly practices, and encouraging employees to engage in sustainable behaviors. These efforts reflect a holistic approach to corporate responsibility.
What is the corporate philosophy of Formula Systems?
The corporate philosophy of Formula Systems revolves around customer-centricity, innovation, and excellence. The company strives to build long-term relationships with clients by delivering outstanding service and solutions that exceed expectations, while fostering a culture of continuous improvement and professional development within its workforce.
What is the geographical footprint of Formula Systems?
Formula Systems has a significant geographical footprint, with operations in multiple countries and regions. The company's global presence enables it to serve a diverse clientele and leverage a wide range of expertise while adapting its solutions to local market needs.
What is the role of leadership in Formula Systems?
Leadership at Formula Systems plays a crucial role in guiding the company's vision and strategic direction. The leadership team is committed to fostering a culture of innovation, collaboration, and excellence, ensuring that all employees are aligned with the company’s goals and are empowered to deliver high-quality solutions to clients.
When was Formula Systems (1985) Ltd. founded?
Formula Systems (1985) Ltd. was founded in 1985, marking the beginning of its journey in delivering cutting-edge technology solutions. Over the decades, it has evolved and expanded its offerings, adapting to the rapidly changing technological landscape and growing to become a notable player in the IT sector.
Where is the headquarters of Formula Systems located?
The headquarters of Formula Systems (1985) Ltd. is located in Israel. This central location allows the company to leverage its proximity to a thriving tech ecosystem and access to a skilled talent pool, enhancing its capabilities in delivering high-quality IT solutions globally.
Who are the primary competitors of Formula Systems?
Formula Systems competes with various other technology and consulting firms, including global giants as well as smaller specialized entities. Competitors may vary based on specific service areas, but typically include firms like Accenture, IBM, and local Israeli technology companies that provide similar IT solutions and services.
What is the current price of Formula Systems (1985) Ltd. - American Depositary Shares?
The current price of Formula Systems (1985) Ltd. - American Depositary Shares is 110.00
When was Formula Systems (1985) Ltd. - American Depositary Shares last traded?
The last trade of Formula Systems (1985) Ltd. - American Depositary Shares was at 9:30 am EDT on May 30th, 2025
What is the market capitalization of Formula Systems (1985) Ltd. - American Depositary Shares?
The market capitalization of Formula Systems (1985) Ltd. - American Depositary Shares is 1.68B
How many shares of Formula Systems (1985) Ltd. - American Depositary Shares are outstanding?
Formula Systems (1985) Ltd. - American Depositary Shares has 15.29M shares outstanding.