MTRX fundamentals

Matrix IT Ltd. is an information technology (IT) company, which engages in the supply of software solutions and marketing of hardware and software products. It operates through the following segments: IT Solutions and Services, Consulting, ang Management in Israel; IT Solutions and Services in the USA; Sales, Marketing, and Support of Software Products; Cloud and Computing Infratructures; and Training and Implementation. The IT Solutions and Services, Consulting, ang Management in Israel segment include development of large-scale technological systems and the provision of related services, including consulting and management, execution of computing and software integration projects, outsourcing (project management) software, software development, software testing and QA, and improving and upgrading existing technological systems. The IT Solutions and Services in the USA segment offers financial risk management (Prevention Management Fraud Prevention, Anti-Money Laundering, Trade Control Surveillance, Banking Payment Services) and ensuring compliance with the regulation. The Sales, Marketing, and Support of Software Products segment focuses in the sale and distribution of software products. The Cloud and Computing Infrastructures segment provides computing solutions for computer infrastructures, a variety of solutions and services in the field of cloud computing. The Training and Implementation segment operates training centers where courses for high-tech people, application courses, and training courses are delivered. The company was founded on September 12, 1989 and is headquartered in Herzliya, Israel.