Matrix It Ltd operates within the Prepackaged software sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Matrix It Ltd with three other
software companies in Middle East:
sales of 187.18 million Israel Shekels [US$48.97 million]
Magic Software Enterprises Limited
(684.06 million Israel Shekels [US$178.98 million]
of which 62%
was IT Professional Services), and
Sapiens International Corporation NV
(721.39 million Israel Shekels [US$188.75 million]
of which 100%
was Software Solutions).
During the year ended December of 2015, sales at
Matrix It Ltd were 2.28 billion Israel Shekels (US$596.58 million).
increase of 8.5%
versus 2014, when the company's sales were 2.10 billion Israel Shekels.
Sales of Hardware Solutions and Infrastructure saw an increase
that was more than double the company's growth rate: sales were up
21.7% in 2015, from
267.54 million Israel Shekels to 325.50 million Israel Shekels.
Not all segments of Matrix It Ltd experienced an increase in sales in 2015:
sales of Software Products fell 12.2% to 135.58 million Israel Shekels.
Matrix It Ltd also experienced decreases in sales in
Software Solutions (down 9.1% to 1.41 billion Israel Shekels)