Announcement • Apr 25
M.T.I Wireless Edge Ltd., Annual General Meeting, Jun 03, 2026 M.T.I Wireless Edge Ltd., Annual General Meeting, Jun 03, 2026. Location: the offices of allenby capital limited, 5 st helens place, ec3a 6ab, london United Kingdom Announcement • Mar 27
M.T.I Wireless Edge Ltd. has completed a Follow-on Equity Offering in the amount of £0.321 million. M.T.I Wireless Edge Ltd. has completed a Follow-on Equity Offering in the amount of £0.321 million.
Security Name: ordinary shares
Security Type: Common Stock
Securities Offered: 600,000
Price\Range: £0.535 Upcoming Dividend • Mar 20
Upcoming dividend of US$0.034 per share Eligible shareholders must have bought the stock before 26 March 2026. Payment date: 14 April 2026. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.3%). Board Change • Mar 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Hani Lerman was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 06
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$0.059 (up from US$0.05 in FY 2024). Revenue: US$51.5m (up 13% from FY 2024). Net income: US$5.05m (up 16% from FY 2024). Profit margin: 9.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 05
M.T.I Wireless Edge Ltd. Announces Final Dividend for the Fiscal Year 2025, Payable on April 14, 2026 M.T.I Wireless Edge Ltd. announced that board declared a final dividend of USD 0.034 per share representing a 3% increase on the previous year (2025: USD 0.033) for the Fiscal Year 2025. The dividend will be paid on14 April 2026 to shareholders on the register at the close of trading on 27 March 2026 (ex-dividend on 26 March 2026). The currency translation into British Pounds will be made on 31 March 2026 and there will not be a scrip dividend alternative. Announcement • Feb 27
MTI Wireless Edge Ltd Launches New Interactive Investor Hub MTI Wireless Edge Ltd. announced the launch of interactive Investor Hub. For both existing and prospective shareholders, the new Investor Hub brings all MTI content into a single integrated platform to better inform and engage with investors and stakeholders, including: Regulatory announcements; Reports; Presentations; Investment research. The Investor Hub also provides an interactive online experience allowing MTI's stakeholders to comment on and ask the MTI management team questions via a portal which will be monitored and responded to in a timely manner. Reported Earnings • Nov 25
Third quarter 2025 earnings released: EPS: US$0.018 (vs US$0.015 in 3Q 2024) Third quarter 2025 results: EPS: US$0.018 (up from US$0.015 in 3Q 2024). Revenue: US$13.7m (up 20% from 3Q 2024). Net income: US$1.56m (up 23% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Nov 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (UK£40.1m market cap, or US$52.5m). Buy Or Sell Opportunity • Nov 12
Now 21% overvalued Over the last 90 days, the stock has fallen 7.7% to UK£0.42. The fair value is estimated to be UK£0.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.1%. Buy Or Sell Opportunity • Oct 10
Now 31% overvalued Over the last 90 days, the stock has fallen 16% to UK£0.43. The fair value is estimated to be UK£0.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 9.1%. Announcement • Sep 30
M.T.I Wireless Edge Ltd. Approves Board Changes, Effective from 20 August 2025 Further to the M.T.I Wireless Edge Ltd.'s announcement on 22 August 2025, following the passing of the resolutions, Mrs. Amalia Borovitz Bryl has been appointed as a director of the Company and as the Chair of the board of directors (the "Board") of the Company and Mr. David Yariv has been appointed as Vice Chairman of the Board, both with immediate effect, with their service agreements being effective from 20 August 2025. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: US$0.013 (vs US$0.011 in 2Q 2024) Second quarter 2025 results: EPS: US$0.013 (up from US$0.011 in 2Q 2024). Revenue: US$12.1m (up 9.4% from 2Q 2024). Net income: US$1.14m (up 20% from 2Q 2024). Profit margin: 9.4% (up from 8.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to UK£0.48. The fair value is estimated to be UK£0.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.0%. Announcement • Aug 20
M.T.I Wireless Edge Ltd. to Report First Half, 2025 Results on Aug 26, 2025 M.T.I Wireless Edge Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Buy Or Sell Opportunity • Aug 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.2% to UK£0.48. The fair value is estimated to be UK£0.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.0%. Buy Or Sell Opportunity • Jul 10
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to UK£0.51. The fair value is estimated to be UK£0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.0%. Announcement • Jun 23
MTI Wireless Edge Ltd Announces the Passing of Zvi Borovitz, Chairman of the Board and Founder of MTI MTI Wireless Edge Ltd. announced the passing of Zvi Borovitz, Chairman of the Board and founder of MTI. Buy Or Sell Opportunity • Jun 03
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to UK£0.51. The fair value is estimated to be UK£0.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.0%. Reported Earnings • May 28
First quarter 2025 earnings released: EPS: US$0.012 (vs US$0.011 in 1Q 2024) First quarter 2025 results: EPS: US$0.012 (up from US$0.011 in 1Q 2024). Revenue: US$12.0m (up 6.9% from 1Q 2024). Net income: US$1.02m (up 9.3% from 1Q 2024). Profit margin: 8.5% (up from 8.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 19
Dividend of US$0.033 announced Shareholders will receive a dividend of US$0.033. Ex-date: 27th March 2025 Payment date: 11th April 2025 Dividend yield will be 5.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 18
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: US$0.05 (up from US$0.046 in FY 2023). Revenue: US$45.6m (flat on FY 2023). Net income: US$4.36m (up 7.9% from FY 2023). Profit margin: 9.6% (in line with FY 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 8.5%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (111% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (UK£51.3m market cap, or US$66.6m). Announcement • Mar 17
M.T.I Wireless Edge Ltd. Declares Final Dividend for the Year Ended 31 December 2024, Payable on 11 April 2025 M.T.I Wireless Edge Ltd. declared a final dividend of USD 0.033 per share for the year ended 31 December 2024 representing a 6% increase on the previous year (2024: USD 0.031). The dividend will be paid on 11 April 2025 to shareholders on the register at the close of trading on 28 March 2025 (ex-dividend on 27 March 2025). Announcement • Feb 12
M.T.I Wireless Edge Ltd. to Report Fiscal Year 2024 Results on Mar 17, 2025 M.T.I Wireless Edge Ltd. announced that they will report fiscal year 2024 results on Mar 17, 2025 Buy Or Sell Opportunity • Feb 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.3% to UK£0.48. The fair value is estimated to be UK£0.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 2.3% in the next 2 years. Announcement • Feb 05
M.T.I Wireless Edge Ltd., Annual General Meeting, Mar 18, 2025 M.T.I Wireless Edge Ltd., Annual General Meeting, Mar 18, 2025. Location: the offices of allenby capital limited, 5 st helens place, ec3a 6ab, london United Kingdom Buy Or Sell Opportunity • Jan 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to UK£0.48. The fair value is estimated to be UK£0.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 2.3% in the next 2 years. Reported Earnings • Nov 26
Third quarter 2024 earnings released: EPS: US$0.015 (vs US$0.013 in 3Q 2023) Third quarter 2024 results: EPS: US$0.015 (up from US$0.013 in 3Q 2023). Revenue: US$11.4m (flat on 3Q 2023). Net income: US$1.27m (up 15% from 3Q 2023). Profit margin: 11% (up from 9.7% in 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 10
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 7.0% to UK£0.46. The fair value is estimated to be UK£0.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 5.2% in the next 2 years. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: US$0.011 (vs US$0.01 in 2Q 2023) Second quarter 2024 results: EPS: US$0.011 (up from US$0.01 in 2Q 2023). Revenue: US$11.1m (flat on 2Q 2023). Net income: US$948.0k (up 9.3% from 2Q 2023). Profit margin: 8.6% (up from 7.8% in 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.3% to UK£0.39. The fair value is estimated to be UK£0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 6.2% in the next 2 years. Buy Or Sell Opportunity • Jul 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to UK£0.39. The fair value is estimated to be UK£0.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 6.2% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to UK£0.40. The fair value is estimated to be UK£0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 6.2% in the next 2 years. Buy Or Sell Opportunity • Jun 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to UK£0.40. The fair value is estimated to be UK£0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 6.2% in the next 2 years. New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (UK£37.6m market cap, or US$47.9m). Reported Earnings • May 21
First quarter 2024 earnings released: EPS: US$0.011 (vs US$0.01 in 1Q 2023) First quarter 2024 results: EPS: US$0.011 (up from US$0.01 in 1Q 2023). Revenue: US$11.2m (flat on 1Q 2023). Net income: US$932.0k (up 4.3% from 1Q 2023). Profit margin: 8.3% (up from 7.9% in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Mar 21
M.T.I Wireless Edge Ltd. Announces Board Changes M.T.I Wireless Edge Ltd. announced that Mrs. Hani Lerman has been appointed to the Company's Board as an external (independent) director with immediate effect and Mrs. Lihi Elimelech Bechor has retired from the Board following the conclusion of her third and final term as an external director. Upcoming Dividend • Mar 14
Upcoming dividend of US$0.031 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 11 April 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (4.1%). Declared Dividend • Mar 13
Dividend of US$0.031 announced Shareholders will receive a dividend of US$0.031. Ex-date: 21st March 2024 Payment date: 11th April 2024 Dividend yield will be 7.3%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.5% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 05
M.T.I Wireless Edge Ltd. to Report Fiscal Year 2023 Results on Mar 11, 2024 M.T.I Wireless Edge Ltd. announced that they will report fiscal year 2023 results on Mar 11, 2024 Announcement • Feb 09
M.T.I Wireless Edge Ltd., Annual General Meeting, Mar 20, 2024 M.T.I Wireless Edge Ltd., Annual General Meeting, Mar 20, 2024, at 14:00 Coordinated Universal Time. Location: offices of Allenby Capital Limited, 5 St Helen's Place London United Kingdom Agenda: To consider the presentation of the 2023 financial reports to consider re-election of directors; to consider re-appointing BDO Israel LLP as the company's auditors for the year ending 31 December 2024 and to authorize the directors to determine the auditors' remuneration for such year in accordance with the recommendation of the Audit Committee; to consider approving the appointment of Mrs Hani Lerman as external director for three years; and to consider subject to the approval of resolution 8, approving the granting of an indemnity letter to Mrs Hani Lerman, on the same terms as the other officers of the company and in accordance with the 2022 Remuneration Policy. Reported Earnings • Nov 23
Third quarter 2023 earnings released: EPS: US$0.013 (vs US$0.012 in 3Q 2022) Third quarter 2023 results: EPS: US$0.013 (up from US$0.012 in 3Q 2022). Revenue: US$11.4m (down 6.0% from 3Q 2022). Net income: US$1.11m (up 7.9% from 3Q 2022). Profit margin: 9.7% (up from 8.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Buying Opportunity • Sep 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be UK£0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 16% in the next 2 years. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: US$0.01 (vs US$0.009 in 2Q 2022) Second quarter 2023 results: EPS: US$0.01 (up from US$0.009 in 2Q 2022). Revenue: US$11.1m (down 3.9% from 2Q 2022). Net income: US$867.0k (up 4.3% from 2Q 2022). Profit margin: 7.8% (up from 7.2% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Announcement • Aug 07
M.T.I Wireless Edge Ltd. to Report First Half, 2023 Results on Aug 15, 2023 M.T.I Wireless Edge Ltd. announced that they will report first half, 2023 results on Aug 15, 2023 Reported Earnings • May 18
First quarter 2023 earnings released: EPS: US$0.01 (vs US$0.009 in 1Q 2022) First quarter 2023 results: EPS: US$0.01 (up from US$0.009 in 1Q 2022). Revenue: US$11.3m (up 1.0% from 1Q 2022). Net income: US$894.0k (up 14% from 1Q 2022). Profit margin: 7.9% (up from 7.0% in 1Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Mar 16
Upcoming dividend of US$0.03 per share at 4.4% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 06 April 2023. Payout ratio is a comfortable 68% and the cash payout ratio is 82%. Trailing yield: 4.4%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (3.4%). Reported Earnings • Mar 14
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: US$0.042 (up from US$0.041 in FY 2021). Revenue: US$46.3m (up 7.1% from FY 2021). Net income: US$3.72m (up 3.4% from FY 2021). Profit margin: 8.0% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 22
Third quarter 2022 earnings released: EPS: US$0.012 (vs US$0.011 in 3Q 2021) Third quarter 2022 results: EPS: US$0.012 (up from US$0.011 in 3Q 2021). Revenue: US$12.1m (up 13% from 3Q 2021). Net income: US$1.03m (up 9.0% from 3Q 2021). Profit margin: 8.5% (down from 8.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Luke Ahern was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 14
M.T.I Wireless Edge Ltd. to Report Q3, 2022 Results on Nov 21, 2022 M.T.I Wireless Edge Ltd. announced that they will report Q3, 2022 results on Nov 21, 2022 Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: US$0.009 (vs US$0.011 in 2Q 2021) Second quarter 2022 results: EPS: US$0.009 (down from US$0.011 in 2Q 2021). Revenue: US$11.5m (up 1.1% from 2Q 2021). Net income: US$831.0k (down 14% from 2Q 2021). Profit margin: 7.2% (down from 8.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.7%, compared to a 21% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 09
M.T.I Wireless Edge Ltd. to Report Q2, 2022 Results on Aug 15, 2022 M.T.I Wireless Edge Ltd. announced that they will report Q2, 2022 results on Aug 15, 2022 Buying Opportunity • Jul 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be UK£0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 8.0% in the next 2 years. Reported Earnings • May 24
First quarter 2022 earnings released: EPS: US$0.009 (vs US$0.008 in 1Q 2021) First quarter 2022 results: EPS: US$0.009 (up from US$0.008 in 1Q 2021). Revenue: US$11.2m (up 12% from 1Q 2021). Net income: US$786.0k (up 12% from 1Q 2021). Profit margin: 7.0% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 5.4%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
M.T.I Wireless Edge Ltd. to Report Q1, 2022 Results on May 23, 2022 M.T.I Wireless Edge Ltd. announced that they will report Q1, 2022 results on May 23, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Luke Ahern was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 10
Upcoming dividend of US$0.028 per share Eligible shareholders must have bought the stock before 17 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (4.8%). Higher than average of industry peers (2.0%). Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.041 (up from US$0.038 in FY 2020). Revenue: US$43.2m (up 5.6% from FY 2020). Net income: US$3.60m (up 6.7% from FY 2020). Profit margin: 8.3% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 07
M.T.I Wireless Edge Ltd. Declares Final Dividend for the Year Ended 31 December 2021, Payable on 31 March 2022 Reflecting the strength of the M.T.I Wireless Edge Ltd.'s trading performance the Board declared a final dividend of USD 0.028 per share representing a 12% increase on the previous year (2019: USD 0.025). The dividend will be paid on 31 March 2022 to shareholders on the register at the close of trading on 18 March 2022 (ex-dividend on 17 March 2022). Buying Opportunity • Feb 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be US$0.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$0.011 (vs US$0.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$10.7m (up 6.6% from 3Q 2020). Net income: US$941.0k (up 7.5% from 3Q 2020). Profit margin: 8.8% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS US$0.011 (vs US$0.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$10.7m (up 6.6% from 3Q 2020). Net income: US$941.0k (up 7.5% from 3Q 2020). Profit margin: 8.8% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS US$0.011 (vs US$0.01 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: US$11.4m (up 13% from 2Q 2020). Net income: US$966.0k (up 11% from 2Q 2020). Profit margin: 8.5% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 21
First quarter 2021 earnings released: EPS US$0.008 (vs US$0.007 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$9.95m (up 4.1% from 1Q 2020). Net income: US$705.0k (up 21% from 1Q 2020). Profit margin: 7.1% (up from 6.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 26
Insider recently sold UK£624k worth of stock On the 24th of March, Jacques Beer sold around 780k shares on-market at roughly UK£0.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£990k more than they bought in the last 12 months. Upcoming Dividend • Mar 11
Upcoming Dividend of US$0.02 Per Share Will be paid on the 31st of March to those who are registered shareholders by the 18th of March. The trailing yield of 2.0% is below the top quartile of British dividend payers (4.5%), but it is higher than industry peers (1.8%). Analyst Estimate Surprise Post Earnings • Mar 02
Revenue beats expectations Revenue exceeded analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 6.2% compared to a 1.3% decline forecast for the Communications industry in the United Kingdom. Reported Earnings • Mar 02
Full year 2020 earnings released: EPS US$0.038 (vs US$0.033 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$40.9m (up 2.1% from FY 2019). Net income: US$3.37m (up 18% from FY 2019). Profit margin: 8.2% (up from 7.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.