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Formula Systems Files Annual Report on Form 20-F for the Year Ended December 31, 2024

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Formula Systems (FORTY) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report, which includes the company's audited annual financial statements for 2024, was filed on May 14, 2025. The document is accessible through the SEC's website and Formula's investor relations page. Shareholders can request a free hard copy of the annual report by contacting the company's CFO, Asaf Berenstin.

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OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on Wednesday, May 14 2025. The annual report on Form 20-F, which contains Formula’s audited annual financial statements for 2024, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at https://www.formulasystems.com/en/financial-reports.

The Company will deliver a hard copy of its 2024 annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to Asaf Berenstin, Chief Financial Officer, at asafb@formula.co.il.

About Formula

Formula, whose ordinary shares are traded on the Tel-Aviv Stock Exchange and ADSs are traded on the Nasdaq Global Select Market, is a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products.

To learn more about Formula, visit www.formulasystems.com.

Press Contact:

Formula Systems (1985) Ltd.
+972-3-5389305
ir@formula.co.il


FAQ

Where can investors access Formula Systems' (FORTY) 2024 annual report?

Formula Systems' 2024 annual report can be accessed on the SEC's website (www.sec.gov) or the company's investor relations website (www.formulasystems.com/en/financial-reports).

When did Formula Systems (FORTY) file its 2024 Form 20-F?

Formula Systems filed its Form 20-F for the fiscal year 2024 on May 14, 2025.

How can Formula Systems shareholders obtain a hard copy of the 2024 annual report?

Shareholders can request a free hard copy by contacting CFO Asaf Berenstin at asafb@formula.co.il.

What type of business is Formula Systems (FORTY)?

Formula Systems is a global information technology group providing software consulting services, computer-based business solutions, and developing proprietary software products.