Formula Systems (1985) vs Unisys
Formula Systems (1985) is the larger business, with $2.63bn of revenue in fiscal 2025 against $1.95bn for Unisys (1.3 times as much). Formula Systems (1985) grew faster (18.4% against -2.9%). Formula Systems (1985) kept more of each dollar of sales as profit: a net margin of 23.1% against -17.4%.
| Latest fiscal year | Formula Systems (1985)FORTY, 2025 | UnisysUIS, 2025 |
|---|---|---|
| Revenue | $2.63bn | $1.95bn |
| Revenue growth | 18.4% | -2.9% |
| Net income | $606m | −$340m |
| Operating margin | — | 4.0% |
| Net margin | 23.1% | -17.4% |
| Return on equity | 59.7% | — |
| Free cash flow | $366m | −$170m |
| Cash | $1.28bn | $414m |
| Total debt | $363m | $742m |
| Debt to equity | 26.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $1.83bn | $174m |
| Price vs our value range | Below our value range | — |
| Moat score | — | 24 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 5 sales |