AdaptIT Holdings Limited operates within the Prepackaged software sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AdaptIT Holdings Limited with three other
software companies in Africa:
Cartrack Holdings Ltd
sales of 1.69 billion South African Rands [US$97.47 million]
of which 74%
was South Africa),
Mix Telematics Ltd
(1.98 billion South African Rands [US$113.77 million]
of which 100%
was Regional Sales Offices), and
Hightech Payment Systems.
based in MOROCCO
(683.68 million Moroccan Dirhams [US$69.97 million]
During the year ended June of 2019, sales at
AdaptIT Holdings Limited were 1.44 billion South African Rands (US$82.81 million).
increase of 6.7%
versus 2018, when the company's sales were 1.35 billion South African Rands.
This was the fifth consecutive year of sales increases at AdaptIT Holdings Limited
(and since 2014, sales have increased a total of 254%).
Sales of Education saw an increase
that was more than double the company's growth rate: sales were up
24.1% in 2019, from
177.73 million South African Rands to 220.57 million South African Rands.
Not all segments of AdaptIT Holdings Limited experienced an increase in sales in 2019:
sales of Energy fell 31.5% to 120.11 million South African Rands.
AdaptIT Holdings Limited also experienced decreases in sales in
Manufacturing (down 18.9% to 302.70 million South African Rands)
Hospitality (down 0.1% to 289.93 million South African Rands)
Financial Services (down 17.6% to 273.62 million South African Rands)