Shares Magazine
42.00p-1.00 (-2.33%)19 Apr 2024, 14:04
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Mti Wireless Edge Ltd. Fundamentals
| Company Name | Mti Wireless Edge Ltd. | Last Updated | 2024-04-19 |
|---|---|---|---|
| Industry | Communication Equipment | Sector | Technology |
| Shares in Issue | 87.506 m | Market Cap | £36.75 m |
| PE Ratio | 11.69 | Dividend per Share | $0.03 |
| Dividend Yield | 5.75 | Dividend Cover | 1.53 |
| EPS | $0.05 | EPS Growth (%) | 0.01 |
| PEG | 0 | DPS Growth (%) | 0.0714 |
| Debt Ratio | 0.0068 | Debt Equity Ratio | 0.0080 |
| Asset Equity Ratio | 1.4339 | Cash Equity Ratio | 0.2375 |
| Quick Ratio | 2.2096 | Current Ratio | 3.06 |
| Price To Book Value | 1.6717 | ROCE | 0 |
Mti Wireless Edge Ltd. Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Prelim | 2024-03-21 | 2024-04-11 | USD | 0.0310 | |
| Prelim | 2023-03-23 | 2023-04-06 | USD | 0.0300 | |
| Prelim | 2022-03-17 | 2022-03-31 | USD | 0.0280 |
Mti Wireless Edge Ltd. Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | $5.40 m | $5.57 m | $5.55 m |
| Intangible Assets | $3.51 m | $3.86 m | $1.01 m |
| Investments | 0 | 0 | 0 |
| Total Fixed Assets | $9.91 m | $10.63 m | $7.58 m |
| Stocks | $7.48 m | $7.76 m | $6.85 m |
| Debtors | $16.49 m | $12.19 m | $12.24 m |
| Cash & Equivalents | $8.45 m | $8.28 m | $12.57 m |
| Other Assets | 0 | 0 | 0 |
| Total Assets | $44.70 m | $40.46 m | $40.94 m |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | $13.04 m | $9.83 m | $12.59 m |
| Creditors after 1 year | $2.41 m | $2.58 m | $1.34 m |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | $15.45 m | $12.42 m | $13.93 m |
| Net assets | $29.25 m | $28.04 m | $27.01 m |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | $209,000.00 | $209,000.00 | $209,000.00 |
| Share Premium | $23.06 m | $23.08 m | $23.13 m |
| Profit / Loss | $4.83 m | $4.32 m | $4.04 m |
| Other Equity | $28.03 m | $26.81 m | $25.91 m |
| Preference & Minorities | $1.22 m | $1.23 m | $1.10 m |
| Total Capital Employed | $29.25 m | $28.04 m | $27.01 m |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | $0.02 | $0.01 | $0.02 |
| Debt-to-Equity | $0.02 | $0.01 | $0.02 |
| Assets / Equity | 1.4339 | 1.4339 | 1.4339 |
| Cash / Equity | 0.2375 | 0.2375 | 0.2375 |
| EPS | $0.04 | $0.04 | $0.04 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | $3.54 m | $3.59 m | $6.59 m |
| Cashflow before financing | $558,000.00 | $622,000.00 | $3.77 m |
| Increase in Cash | $194,000.00 | -$4.13 m | $3.04 m |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | $45.63 m | $46.27 m | $43.18 m |
| Cost of sales | $30.96 m | $31.68 m | $29.68 m |
| Gross Profit | $14.67 m | $14.59 m | $13.50 m |
| Operating Profit | $4.65 m | $4.59 m | $4.42 m |
| Pre-Tax profit | $4.83 m | $4.32 m | $4.04 m |
Mti Wireless Edge Ltd. Company Background
| Sector | Technology |
|---|---|
| Activities | MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems. |
| Latest Interim Date | 15 Aug 2023 |
| Latest Fiscal Year End Date | 11 Mar 2024 |
Mti Wireless Edge Ltd. Directors
| Appointed | Name | Position |
|---|---|---|
| 2006-12-31 | Mr. Frank Lewis | Non-Executive Director |
| 2012-06-21 | Mr. Stewart Millman MA,FSII | Non-Executive Director |
| 2024-03-11 | Mr. Zvi Borovitz | Non-Executive Director,Chairman |
| 2024-03-11 | Mr. Dov Feiner | Executive Director,General Manager of the Company's antenna division |
| 2024-03-11 | Mr. Moshe Borovitz | Executive Director,Chief Executive Officer |
| 2015-04-29 | Ms. Hanna Lerman | Non-Executive Director |
Mti Wireless Edge Ltd. Contact Details
| Company Name | MTI Wireless Edge Ltd |
|---|---|
| Address | 11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, 48091 |
| Telephone | +972 39008900 |
| Website | https://www.mtiwirelessedge.com |
Mti Wireless Edge Ltd. Advisors
| Stockbroker | Peterhouse Corporate Finance Ltd |
|---|---|
| Phone | +44 2074690930 |
| Fax | +44 2072209798 |
| Registrar | Computershare Investor Services PLC |
|---|---|
| Phone | +44 3707020003 |
| Fax | +44 3707036101 |
| Stockbroker | Allenby Capital Limited |
|---|---|
| Phone | +44 2033285656 |
| Fax | +44 2033942970 |
| Financial PR Adviser | Newgate |
|---|---|
| Phone | +44 2076539850 |
| Fax | +44 2076539851 |
| Auditor | BDO Ziv Haft Certified Public Accountants |
|---|---|
| Phone | +972 36386868 |
| Fax | +972 36394320 |
| Solicitor | CMS Cameron McKenna |
|---|---|
| Phone | +44 2073673000 |
| Fax | +44 2073672000 |
| Nominated Adviser | Allenby Capital Limited |
|---|---|
| Phone | +44 2033285656 |
| Fax | +44 2033942970 |
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