Formula systems reports fourth quarter and full year 2022 financial results with record-breaking full year 2022 results recorded across all key financial indices (revenues, gross profit, operating income and net income)

Net income for the year increased by 49.1% year over year to a record-breaking result of $81.4 million net income for the year increased by 49.1% year over year to a record-breaking result of $81.4 million
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