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Financial Track Record

 

Financial Track Record 2020
Solid revenue growth increased by 9% to $21.3m (H1 2020 : 19.6m). 

14% increase in operation profit to $2.2m (H1 2020: $1.9m).
Earning Per Share increased by 14% to 1.89 US cents (H1 2020: 1.65 US cents)
13% rise in net profit to $1.73m (H1 2020: 1.54$) 2020 dividend of  $0.025  per share (2019 dividend : $0.02 per share) paid on 31 March  2021
Cash flow from operations increasing by  53% to $3.1m (H1 2020:$ 2.0m) Strong balance sheet with net cash at $9.7m as of 30 June 2021 (30 June 2020 :$7.6)
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Latest News

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  • 2/11/2021

    MTI is pleased to announce that its antenna division has received blanket orders for 5G backhaul antenna from two key customers. The combined orders are worth approximately USD $0.85 million and are to be supplied in 2022

  • 12/07/2021

    MTI’s Antenna Division has been selected to partner with US engineering and technology firm, Craig Technologies and its subsidiary Sidus Space, to develop a new range of space antenna as part of a funded project.

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  • 7/06/2021

    For the first time in irrigation control software 2FA standard for safe connection. New Mottech ICC PRO5.5 version.

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  • 19/05/2021

    RNS news 20201

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  • 20/04/2021

    Mottech Decoder System (MDS)

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  • 1/03/2021

    Investor Meet Company

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  • 1/02/2021

    Enter the 5G era with MTI’s patented Multi Band Antennas, providing high bandwidth stable affordable connections

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  • 27/01/2020

    MTI Wireless Edge Ltd. announces multiple new MultiBand antenna products

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