Formula Systems (FORTY)

Revenue in 2024 (TTM): ₹221.66 Billion

According to Formula Systems 's latest financial reports the company's current revenue (TTM

) is ₹224.53 Billion. In 2023 the company made a revenue of ₹218.18 Billion an increase over the revenue in the year 2022 that were of ₹210.94 Billion. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for Formula Systems from 1998 to 2024

Annual revenue

Year	Revenue	Change
2024 (TTM)	₹221.66 B	1.59%
2023	₹218.18 B	3.43%
2022	₹210.94 B	17.87%
2021	₹178.96 B	26.53%
2020	₹141.43 B	16.59%
2019	₹121.30 B	9.84%
2018	₹110.44 B	27.64%
2017	₹86.52 B	14.85%
2016	₹75.33 B	29.19%
2015	₹58.31 B	44.58%
2014	₹40.33 B	-18.05%
2013	₹49.21 B	20.7%
2012	₹40.77 B	20.32%
2011	₹33.88 B	37.58%
2010	₹24.63 B	13.1%
2009	₹21.77 B	-20.35%
2008	₹27.34 B	42.7%
2007	₹19.16 B	4.8%
2006	₹18.28 B	-19.76%
2005	₹22.78 B	15.23%
2004	₹19.77 B	18.4%
2003	₹16.70 B	22.54%
2002	₹13.62 B	-25.99%
2001	₹18.41 B	-2.42%
2000	₹18.87 B	24.75%
1999	₹15.12 B	35.74%
1998	₹11.14 B

Revenue for similar companies or competitors

Company	Revenue	Revenue differencediff.	Country
Sapiens SPNS	₹44.93 B	-79.99%	🇮🇱 Israel
Pegasystems PEGA	₹124.92 B	-44.36%	🇺🇸 USA
IBM IBM	₹5.279 T	2,251.45%	🇺🇸 USA
FICO FICO	₹139.50 B	-37.87%	🇺🇸 USA
Microsoft MSFT	₹21.447 T	9,451.67%	🇺🇸 USA
Oracle ORCL	₹4.540 T	1,922.20%	🇺🇸 USA
SAP SAP	₹3.070 T	1,267.48%	🇩🇪 Germany
HP HPQ	₹4.498 T	1,903.64%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Revenue for Formula Systems (FORTY)

Revenue in 2024 (TTM): ₹221.66 Billion