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MTI Wireless Edge Limited

MTI Wireless Edge 'an excellent growth company' with further re-rating potential

Capital Network's Ed Stacey says results for the first quarter of 2019 for MTI Wireless Edge (LON:MWE) showed continued strong progress.

Revenues increased by 16% year-on-year and operating profits 66%. We maintain our full-year (FY) 2019 forecasts, with FY revenue growth of 10% and earnings per share (EPS) growth 27.8%.

Quick facts: MTI Wireless Edge Limited

Price: £0.23

Market: AIM
Market Cap: £20.04 m
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MTI Wireless Edge Ltd's Richard Bennett details investment in Parkland Australia

MTI Wireless Edge Ltd's (LON:MWE) Richard Bennett adds some detail to their recent investment into one of the main resellers of its Mottech Water Solution in Australia. They've agreed to buy a 50% stake in Parkland Australia for up to AU$0.8mln, paid out of existing cash...

3 weeks ago

2 min read

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