Welcome to our dedicated page for Formula Systems SEC filings (Ticker: FORTY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Formula Systems (1985) Ltd. filings document financial results, annual reporting, governance votes, and material events for a foreign private issuer with an information technology holding-company structure. Form 6-K reports furnish quarterly and annual results releases, while Form 20-F annual reporting includes audited financial statements and business disclosures.
Proxy-related filings record shareholder meeting notices, ordinary shares represented by ADSs, and external director matters under Israeli Companies Law. Other disclosures cover dividends, secured and non-convertible debenture matters, covenant information, capital structure, and ownership changes involving Sapiens.
FORMULA SYSTEMS (1985) LTD director Rzonca-Bajorek Karolina Maria filed an initial Form 3 ownership report. This filing establishes her status as a director and provides a baseline disclosure, with no stock transactions or derivative positions reported at this time.
FORMULA SYSTEMS (1985) LTD director Itay Meroz filed an initial Form 3, which is a baseline disclosure of his status as a reporting person. The filing lists him as a director and indicates he is not classified as a ten percent owner.
FORMULA SYSTEMS (1985) LTD director Ilan Regev has filed an initial Form 3, which is a statement of beneficial ownership for insiders. This filing lists him as a director but does not report any stock transactions or specific share holdings in the provided data.
FORMULA SYSTEMS (1985) LTD director Gabriela Barbara Zukowicz has filed a Form 3, which is an initial statement of beneficial ownership for company insiders. This filing lists her as a director but shows no reportable stock transactions or derivative positions in this submission.
FORMULA SYSTEMS (1985) LTD filed an initial insider ownership report for director Hillman Amir on Form 3. This filing establishes Amir as a reporting person for the company’s securities. The summary data show no reported purchases, sales, exercises, gifts, or other transactions in this filing.
MEITAV INVESTMENT HOUSE LTD reports beneficial ownership of 819,837 Ordinary Shares of Formula Systems 1985 Ltd, representing 5.35% of the class as of April 10, 2026. The filing states those shares are held across subsidiaries and client accounts, with shared voting and dispositive power totaling 819,837 shares. The report lists three subsidiary holdings by share count and percent of class and clarifies that each subsidiary operates under independent management and disclaims group status.
Formula Systems reported strong 2025 results, with full-year revenues up 18.4% year over year to $2.63 billion. Net income attributable to Formula shareholders reached $606.5 million, driven largely by gains from discontinued operations following the completion of Sapiens’ acquisition by Advent.
Fourth-quarter revenues were $708.4 million, and full-year operating income from continuing operations was $196.4 million. Cash and cash equivalents rose to $1.28 billion as of December 31, 2025, and the company was in compliance with all debenture covenants. Subsidiaries delivered record results: Matrix achieved record quarterly and annual revenues, Michpal and TSG posted double‑digit growth with record revenues and adjusted EBITDA, and Zap Group ramped its new e‑commerce marketplace. Matrix and Magic Software completed a merger, with the combined entity reporting pro forma 2025 revenues of approximately $2.4 billion and EBITDA of approximately $0.3 billion.
Formula Systems (1985) Ltd. reported the results of its 2025 special general meeting of shareholders held at its offices in Or Yehuda, Israel. Shareholders voted on two proposals related to the election of external directors under the Israeli Companies Law.
Shareholders approved the election of Ilan Regev as an external director for a three-year term, including approval of his compensation terms. The filing notes that 13,859,342 shares were present at the meeting, with 13,852,342 voting in favor of his appointment, including 9,894,188 votes from holders who are not controlling shareholders and do not have a conflict of interest; 6,999 voted against and 1 abstained.
Shareholders also approved the election of Amir Hillman as an external director for a three-year term, with the same vote breakdown: 13,852,342 in favor (including 9,894,188 non-controlling, non-conflicted votes), 6,999 against and 1 abstention, out of 13,859,342 shares present. Both directors will serve in accordance with the requirements of the Israeli Companies Law.