Formula systems reports first quarter 2022 financial results: record-breaking net income of $16.2 million

Double-digit growth in all financial indices. revenues increased by 14.8% to $657.6 million. net income increased by 30.7% year over year to a record-breaking $16.2 million double-digit growth in all financial indices. revenues increased by 14.8% to $657.6 million. net income increased by 30.7% year over year to a record-breaking $16.2 million
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