Matrix IT Ltd.TASE: MTRX

MTRX: 2024 saw record sales, profit, and cash flow, with strong organic growth in Israel and software

· Issued by Matrix IT Ltd.

Record sales and profit growth in 2024, with net income up 16.8% and strong cash flow. Organic growth was robust in Israel and software products, while US operations declined. Management expects continued expansion, with a focus on cloud, AI, and recurring revenues.

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