We have performed a theoretical and experimental study of the formamide (HCONH2) photofragmentation and photoionization processes in the gas phase. The experiment was perfomed by using a time-of-flight mass spectrometer using the photoelectron photoion coincidence (PEPICO) technique in the valence region, from photons with energy between 10 and 20 eV. We have obtained both mass and partial ion yield spectra, identified by the mass-to-charge ratio as a function of the photon energy. With this setup, we could ascertain the threshold energy for the production of formamide cation and its cationic fragments. The theoretical analysis of the formamide photofragmentation channels are fulfilled by the density functional theory (DFT) and the time-dependent density functional theory (TDDFT). The theoretical analysis allowed us to estimate, for example, which atoms are lost during the photofragmentation. We have also developed a theoretical-experimental analysis of the main fragments produced in the dissociation: m/q = 45 (HCONH2+), m/q = 44 (CONH2+), m/q = 29 (HCO+), m/q = 17 (NH3+), and m/q = 16 (NH2+).