diff --git a/application/Espo/Core/Formula/Parser.php b/application/Espo/Core/Formula/Parser.php
index a16f55547a..f25223040a 100644
--- a/application/Espo/Core/Formula/Parser.php
+++ b/application/Espo/Core/Formula/Parser.php
@@ -176,6 +176,8 @@ class Parser
 
         $this->processStrings($expression, $modifiedExpression, $splitterIndexList, true);
 
+        $expressionOutOfBraceList = [];
+
         for ($i = 0; $i < strlen($modifiedExpression); $i++) {
             if ($modifiedExpression[$i] === '(') {
                 $braceCounter++;
@@ -186,6 +188,11 @@ class Parser
             if ($braceCounter === 0 && $i < strlen($modifiedExpression) - 1) {
                 $hasExcessBraces = false;
             }
+            if ($braceCounter === 0) {
+                $expressionOutOfBraceList[] = true;
+            } else {
+                $expressionOutOfBraceList[] = false;
+            }
         }
         if ($braceCounter !== 0) {
             throw new Error('Incorrect round brackets in expression ' . $expression . '.');
@@ -226,7 +233,13 @@ class Parser
 
         foreach ($this->priorityList as $operationList) {
             foreach ($operationList as $operator) {
-                $index = strpos($expression, $operator, 1);
+                $startFrom = 1;
+                while (true) {
+                    $index = strpos($expression, $operator, $startFrom);
+                    if ($index === false) break;
+                    if ($expressionOutOfBraceList[$index]) break;
+                    $startFrom = $index + 1;
+                }
                 if ($index !== false) {
                     $possibleRightOperator = null;
                     if (strlen($operator) === 1) {
diff --git a/tests/unit/Espo/Core/Formula/EvaluatorTest.php b/tests/unit/Espo/Core/Formula/EvaluatorTest.php
index d5ce8f6606..fb5b71aa49 100644
--- a/tests/unit/Espo/Core/Formula/EvaluatorTest.php
+++ b/tests/unit/Espo/Core/Formula/EvaluatorTest.php
@@ -77,4 +77,29 @@ class EvaluatorTest extends \PHPUnit\Framework\TestCase
         $actual = $this->evaluator->process($expression);
         $this->assertTrue($actual);
     }
+
+    function testSummationOfMultipleIfThenElse()
+    {
+        $expression = "
+            ifThenElse(
+                true,
+                (1 + 0 + 1) - 1 * 0.5,
+                0
+            )
+            +
+            ifThenElse(
+                true,
+                (1 - 0) * 0.5,
+                0
+            )
+            +
+            ifThenElse(
+                true,
+                (1 - 0) * 0.5,
+                0
+            )
+        ";
+        $actual = $this->evaluator->process($expression);
+        $this->assertEquals(2.5, $actual);
+    }
 }
\ No newline at end of file
diff --git a/tests/unit/Espo/Core/Formula/ParserTest.php b/tests/unit/Espo/Core/Formula/ParserTest.php
index 35b687d885..3795df01c3 100644
--- a/tests/unit/Espo/Core/Formula/ParserTest.php
+++ b/tests/unit/Espo/Core/Formula/ParserTest.php
@@ -305,6 +305,7 @@ class ParserTest extends \PHPUnit\Framework\TestCase
                 ]
             ]
         ];
+
         $this->assertEquals($expected, $actual);
 
         $expression = "!value * 10";