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MTI Wireless Edge Limited

Capital Network analyst on MTI Wireless Edge's water management acquisition

Capital Network analyst Ed Stacey discusses MTI Wireless Edge Ltd's (LON:MWE) decision to buy a 50% stake in one of the main resellers of its Mottech Water Solution in Australia.

The addition of Parkland Australia for up to AU$0.8mln is expected to enhance earnings and offer potential to grow both revenue and profit.

Quick facts: MTI Wireless Edge Limited

Price: 38.5 GBX

Market: AIM
Market Cap: £33.81 m
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MTI Wireless Edge seeing 'continued significant revenue growth and...

MTI Wireless Edge Ltd's (LON:MWE) Richard Bennett discusses with Proactive London's Andrew Scott the group's results for the nine months to the end of September. Revenues increased by 12% in the period to $29mln while operating profit increased 33% to $2.5mln.

2 weeks, 2 days ago

2 min read