MTI Wireless Edge revenue rises on strong military antennas demand

MTI Wireless Edge

04/03/2026 07:15

Overview

Israel technology group's 2025 revenue rose 13% to $51.5 mln

Net profit for 2025 increased 11% to $4.66 mln

Company extended share buyback program until March 2027

Outlook

MTI expects continued growth from increased global defense spending

Company sees strong demand for 5G antenna solutions

MTI anticipates growth in water management products amid global scarcity

Result Drivers

MILITARY ANTENNAS - Co reported a 50% increase in military antenna sales, boosting Antennas division's operating profit by 15%

WATER CONTROL DEMAND - Water Control & Management division saw 10% revenue growth due to high demand in Israel, North America, and Europe

DEFENSE SPENDING - Distribution & Professional Consulting Services division's revenue rose 20%, driven by increased global defense spending

Company press release: ID:nRSD2035Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EBIT
$5.81 mln
FY Gross Profit
$16.73 mln
FY Pretax Profit
$5.41 mln


Analyst Coverage

Wall Street's median 12-month price target for MTI Wireless Edge Ltd is GBp100.00, about 80.2% above its March 3 closing price of GBp55.50

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)