That right there is called Freytag’s Triangle, also known as a plot diagram. It is the basis for nearly every work of fiction out there. There is a problem and characters have to fix it. (Exposition) They go through a bunch of events that don’t fix it but guide them to fixing it. (Rising Actions) Then they do fix it. (Climax) Then things happen after they fix it. (Resolution)

So then no what you described does not constitute as formulaic. Unless fiction of itself is formulaic. But I don’t feel like getting into this.
end rant.