Hi there, @fjplaza… one way you can go here is to use a custom state to hold the result of the formula. When the button is clicked, use a workflow to set a custom state’s value to an expression that is your formula. Then, set the text element to show the custom state, and you should be good to go.
No, a custom state is not a custom event, and yes, the learning curve is steep. Check out this documentation to start your journey into the wonderful world of custom states.
Also, if you haven’t completed Bubble’s tutorials, I would strongly suggest that you take a step back and work through them. If you don’t have a good understanding of the basics of Bubble, you are definitely going to struggle as you go forward.