Matrix IT (XTAE:MTRX) 3-Year Revenue Growth Rate : 10.40% (As of Mar. 2024)

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What is Matrix IT 3-Year Revenue Growth Rate?

Matrix IT's Revenue per Share for the three months ended in Mar. 2024 was ₪23.08.

During the past 12 months, Matrix IT's average Revenue per Share Growth Rate was 11.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Matrix IT was 14.10% per year. The lowest was 4.40% per year. And the median was 9.90% per year.

Competitive Comparison of Matrix IT's 3-Year Revenue Growth Rate

For the Software - Application subindustry, Matrix IT's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Matrix IT's 3-Year Revenue Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Matrix IT's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Matrix IT's 3-Year Revenue Growth Rate falls into.

Matrix IT 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Matrix IT (XTAE:MTRX) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Matrix IT 3-Year Revenue Growth Rate Related Terms

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Matrix IT (XTAE:MTRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Matrix IT Ltd (XTAE:MTRX) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001

Website

http://www.matrix.co.il

Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.