Ayo Technology Solutions Ltd operates in the Computer programming services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ayo Technology Solutions Ltd with three other
computer services in Africa:
ISA Holdings Limited
sales of 101.22 million South African Rands [US$6.63 million]
Cognition Holdings Ltd
(263.17 million South African Rands [US$17.25 million]
of which 81%
was Knowledge Creation and Management), and
Sebata Holdings Ltd
(161.41 million South African Rands [US$10.58 million]
of which 104%
was ICT Support Services).
Ayo Technology Solutions Ltd reported sales of 2.89 billion South African Rands (US$189.13 million)
August of 2020.
increase of 47.3%
versus 2019, when the company's sales were 1.96 billion South African Rands.
This was the fourth straight year of sales growth at Ayo Technology Solutions Ltd.
Sales of Tracking Solutions saw an increase
that was more than double the company's growth rate: sales were up
252.5% in 2020, from
25.36 million South African Rands to 89.37 million South African Rands.
Not all segments of Ayo Technology Solutions Ltd experienced an increase in sales in 2020:
sales of Software and Consulting fell 7.2% to 56.95 million South African Rands.
(However, this segment's sales were only a very small portion of the company's overall sales).