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 231.14 million Israel Shekels [US$62.64 million]
Sapiens International Corporation NV
(961.31 million Israel Shekels [US$260.51 million]
of which 100%
was Software Solutions), and
Magic Software Enterprises Ltd
(921.83 million Israel Shekels [US$249.82 million]
of which 70%
was IT Professional Services).
During the year ended December of 2017, sales at
Matrix It Ltd were 2.86 billion Israel Shekels (US$774.27 million).
increase of 12.3%
versus 2016, when the company's sales were 2.54 billion Israel Shekels.
This was the fourth straight year of sales growth at Matrix It Ltd.
Sales of Hardware Solutions and Infrastructure saw an increase
14.8% in 2017, from
418.47 million Israel Shekels to 480.45 million Israel Shekels.
Not all segments of Matrix It Ltd experienced an increase in sales in 2017:
sales of Software Products fell 6.0% to 127.37 million Israel Shekels.