Mti Wireless Edge Ltd · LSE:MWE
Mti Wireless Edge — H1 2023 Earnings Presentation
15 slides from Mti Wireless Edge's earnings presentation, August 2023
Slide 1: H1 2023 Results Presentation
H1 2023 Results Presentation August 2023
Slide 2: Disclaimer
Disclaimer This document is the sole responsibility of MTI Wireless Edge Ltd. (the “Company”). Allenby Capital Limited (“Allenby”), which is authorised and regulated by the Financial Conduct Authority, is acting solely for the Company as nominated adviser and joint broker and is not acting for any o
Slide 3: Global market trends driving MTI
Global market trends driving MTI UN World Water Development Number of mobile Report 2023 5G subscriptions Severe water scarcity 6,000 subscriptions (in millions) 5,000 4800 4,000 3800 2900 3,000 2000 2,000 1300 1,000 554 236 12.9 0 2019 2020 2021 2022 2023 2024 2025 2026 Statista 2023 https://www.un
Slide 4: Global market trends driving MTI
Global market trends driving MTI Increased Defense budgets High Inflation and high interest rates Debt free company Implemented scaling up price increases in services agreements renewed in 2022 Increased pricing underpinned by innovation 4
Slide 5: Key events in H1 2023
Key events in H1 2023 Strong results Revenue PBT EPS Net Cash Six Months ended $22.3m $2.1m $1.99 Cents $6.3m 30.06.2023 Down 1% YoY Up 3% YoY Up 9% YoY Operational Up on constant currency CF $1.2m Defense business Major water India released Introduction of is growing management 5G backhaul ABS® ant
Slide 6: Water control & management
Water control & management 32 years 5 continents >140,000 control units of system development active in 5 continents installed in the field, in partnership with through subsidiaries managed by our software Motorola and distributors 35% water saving > 20 years 5 communication technologies is the aver
Slide 7: H1 2023 Highlights
H1 2023 Highlights Water control & management Municipalities agreements renewed with Market trends increased pricing in place The global Irrigation Controllers market was Management of fountain control – good valued at USD 896.36 Million in 2020 and is progress made projected to reach USD 2547.3
Slide 8: Antennas
Antennas 60 years 5 continents >5,000,000 Antennas of antenna active in 5 continents through installed development subsidiaries and distributors in the field including 2 manufacturing sites Air borne to submarine 20MHz – 175GHz 3 vertical commercial markets all platforms – Communication, unique spec
Slide 9: H1 2023 Highlights
H1 2023 Highlights Antennas 5G Backhaul Military antenna MTI is well positioned – Strengthened capabilities – working with most of the key leading OEMS through expanded technology offering ABS ® antenna solutions – Int’l markets – working with several new system houses in working with nearly
Slide 10: Distribution & special consulting services
Distribution & special consulting services 52 years Global supply Over 1,000 of leadership in RF & MW for over 40 leading different products distribution and special brands exclusively sold every year service consultation represented in Israel One stop shop Strategic positioning Unique offering an e
Slide 11: H1 2023 Highlights
H1 2023 Highlights Distribution & special consulting services Strategic agreement for the distribution business operating well – increased orders in 2022 and H1 2023 Large service contract (up to $10m) is operating well Multi Target Telemetry Shelter New customer for shelter build up for Test
Slide 12: H1 2023 key financials
H1 2023 key financials Defense revenue Strong Diversity as strength – Long-term Focused on performance – all good growth customer base EPS growth increased to ~ 44% of segments remain opportunities while total revenue profitable commercial softens Long-term customer base Well Diversified Business Gl
Slide 13: Focused on shareholder return
Focused on shareholder return Buy back programme Shareholders as of 12 August 2023 Programme initiated in January 2019 - shares held in treasury Building larger blocks of shares to satisfy growing institutional demand Borovitz Family* Level of liquidity increased significantly Public Program
Slide 14: Summary
Summary Increased Continued demand for Further design Continued pick up Expected defense smart irrigation and solution wins and in 5G backhaul budgets water management secured recurring solution sales growth drivers solutions revenue with PSK Strong balance Potential M&A Good pipeline of sheet with
Slide 15: Thank You!
My MT! Thank You! () Mi