Mti Wireless Edge Ltd · LSE:MWE
Mti Wireless Edge — FY2024 Earnings Presentation
19 slides from Mti Wireless Edge's earnings presentation, March 2025
Slide 1: 2024 Results Presentation
2024 Results Presentation March 2025
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 Severe water scarcity pushes the use of Global mobile network data traffic smart irrigation solutions (EB per month) 5G will carry 80% of mobile data traffic globally in 2030 Irrigation controllers market, by region, 2019 -2032 (USD Million) Polaris Market Research A
Slide 4: Global market trends driving MTI
Global market trends driving MTI Increased Defence budgets Implications of recent conflicts Use of equipment created demand for restocking Build to Print in the defence industry helped Antenna division secure more work Replacement of destroyed controllers, created more opportunities and large budget
Slide 5: Key events in 2024
Key events in 2024 Resilient results Revenue Net Profit EPS Net Cash Under difficult environment $45.6m $4.2m $4.99 Cents $6.0m Flat YoY Up 3% YoY Up 9% YoY Operational CF $3.1m Defence business Introduced new 5G backhaul Introduction of is growing solutions for water starting to ramp ABS® antenna m
Slide 6: Water control & management
Water control & management 32 years 5 continents >142,000 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: 2024 Highlights: Water control & management
2024 Highlights Water control & management Municipalities agreements renewed with Market trends increased pricing increasing revenue from Governments all across the world are increasing funding to support the agriculture sector. The services OECD has published guidelines to help countries develop
Slide 8: Antennas
Antennas 60 years 5 continents >5,000,000 Antennas of antenna active in 5 continents through Installed in the field development subsidiaries and distributors including 2 manufacturing sites Air borne to submarine 20MHz – 175GHz 3 vertical commercial markets all platforms – Communication, unique spec
Slide 9: 2024 Highlights: Antennas
2024 Highlights Antennas 5G Backhaul - Revenue doubled YoY Military antenna MTI is well positioned Increased revenue in 2023 and in 2024 working with most of the key leading OEMs through expanded technology offering ABS ® antenna solutions Local requirement for Built to Print – several order
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: 2024 Highlights: Distribution & special consulting services
2024 Highlights Distribution & special consulting services Strategic agreement for the distribution business operating well and approved again until mid 2026 Requirements in defence market provide more opportunities, entered 2025 with good order book Large service contract (up to $10m) is oper
Slide 12: Focus on innovation
Focus on innovation creating unique technology solutions Leading R&D Investments Patented antenna technology – for flat, multi-band & ABS® antenna solutions Robust conformal antenna technology – In house manufacturing expertise R&D investments Beamforming antenna solutions Leading smart wire
Slide 13: Sustainability and environment
Sustainability and environment The United Nations Sustainable Development Goals (SDGs) are a key framework for our sustainability work. For us Goals 2, 5, 6, 8, 9 and 16 are the most material and provide the areas in which we can have the greatest positive impact Eradicating hunger - Gender equality
Slide 14: Global expansion
Value creating M&A Acquisition of Merger with MTI Acquisition of Acquisition of 51% Mottech Water Computers & remaining 40% of of P.S.K. WIND Solutions Software Services Mottech China Technologies Global expansion 2013 2015 2017 2018 2019 2020 2021 2022 2024 Opening of Acquisition of Mottech China A
Slide 15: 2024 key financials
2024 key financials 5G backhaul revenue doubled in 2024 Strong Diversity as strength – Long-term Focused on performance – all good growth customer base EPS growth Defence revenue continues to be segments remain opportunities strong ~ 42% of total revenue profitable Long-term customer base Well Diver
Slide 16: 2024 key financials (in USD Millions)
2024 key financials (in USD Millions) 2024 2023 Growth Revenue 45.6 45.6 - Gross Profit 14.2 14.7 (3%) Operating Profit 4. 51 4.65 (3%) PBT 4.8 4.8 - Net Profit 4.19 4.08 3% Adj. EBITDA 5.99 6.16 (3%) EPS (in cents $) 4.99 4.58 9% 16
Slide 17: Focused on shareholder return
Focused on shareholder return Buy back programme Shareholders as of 16 March 2025 Programme initiated in January 2019 - shares held in treasury Building larger blocks of shares to satisfy growing institutional demand Level of liquidity increased significantly Borovitz Family * Programme exte
Slide 18: Summary
Summary Increased Continued demand for Continued pick up Further design Expected defence smart irrigation and in 5G backhaul solution wins and budgets water management solution sales secured recurring growth drivers solutions revenue with PSK Strong balance Potential M&A Very strong backlog for 2025
Slide 19: Thank You!
Mi MT! Thank You! () Mi