MTI Wireless Edge Ltd
LSE:MWE
MTI Wireless Edge Ltd
MTI Wireless Edge Ltd. engages in the development, production and marketing of flat panel antennas for commercial and for military applications. The firm's segments are Antennas and Water Solutions. The firm's antenna solutions include smart antennas, multiple input multiple output (MIMO) antennas and dual polarity for wireless applications, such as, worldwide interoperability for microwave access (WiMAX), wireless fidelity (WiFi) and broadband wireless access. The firm produces antennas ranging in frequency from 100 kilohertz to 90 gigahertz, for both military and commercial applications. The firm offers wireless networking antennas and radio frequency identification (RFID) antennas. Its RFID antennas include ultra high frequency (UHF) near field antenna. Its military products include a range of broadband, tactical and specialized communications antennas, antenna systems and direction finding (DF) arrays installed on airborne, ground and naval, including submarine and platforms around the world.
MTI Wireless Edge Ltd. engages in the development, production and marketing of flat panel antennas for commercial and for military applications. The firm's segments are Antennas and Water Solutions. The firm's antenna solutions include smart antennas, multiple input multiple output (MIMO) antennas and dual polarity for wireless applications, such as, worldwide interoperability for microwave access (WiMAX), wireless fidelity (WiFi) and broadband wireless access. The firm produces antennas ranging in frequency from 100 kilohertz to 90 gigahertz, for both military and commercial applications. The firm offers wireless networking antennas and radio frequency identification (RFID) antennas. Its RFID antennas include ultra high frequency (UHF) near field antenna. Its military products include a range of broadband, tactical and specialized communications antennas, antenna systems and direction finding (DF) arrays installed on airborne, ground and naval, including submarine and platforms around the world.
Strong Profit Growth: MTI reported profit up 8% year-on-year, with EPS rising 17% year-on-year for the first half of 2025.
Cash Generation: Operational cash flow matched operational profit, illustrating solid cash generation from profits.
Defense Momentum: Defense division revenue share increased to 47% (from 44% last year), with robust backlog and new large orders.
5G Backhaul Expansion: 5G backhaul revenues grew 40% in H1 2025, after doubling in 2024, led by demand in India.
Water Management Growth: New Elite Pro controller launched, expanding addressable markets and driving positive feedback.
Resilient Operations: The company faces minimal operational disruption from the Israel situation, due to global diversification and contingency planning.
Dividend & Buyback Commitment: Management reaffirmed ongoing dividend policy and highlighted active share buyback program.
Positive Outlook: Strong backlog, healthy balance sheet, and confidence in continued growth across key markets.
