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 208.39 million Israel Shekels [US$58.24 million]
Magic Software Enterprises Ltd
(771.11 million Israel Shekels [US$215.52 million]
of which 65%
was IT Professional Services), and
Sapiens International Corporation NV
(826.73 million Israel Shekels [US$231.06 million]
of which 100%
was Software Solutions).
During the year ended December of 2016, sales at
Matrix It Ltd were 2.54 billion Israel Shekels (US$711.18 million).
increase of 11.6%
versus 2015, when the company's sales were 2.28 billion Israel Shekels.
This was the third consecutive year of growth at Matrix It Ltd.
Sales of Hardware Solutions and Infrastructure saw an increase
that was more than double the company's growth rate: sales were up
28.6% in 2016, from
325.50 million Israel Shekels to 418.47 million Israel Shekels.
Not all segments of Matrix It Ltd experienced an increase in sales in 2016:
sales of Software Products fell 0.0% to 135.52 million Israel Shekels.