Mti Wireless Edge Ltd — Q3 2026 Financial Results and Trading Update

(LSE:MWE) MTI Wireless Edge Ltd. reported nine-month revenue up 9% to $41.2m. Profit before tax increased 10% to $4.3m. Basic earnings per share rose 7% to 4.60 US cents. Net cash stood at $8.95m as of 30 September 2026. The Board expects to declare a progressive final dividend with full-year results in Q1 2027. Mottech delivered a standout performance with revenue up 22% and operating profit up 60%. Mottech also acquired Interspec, with a maximum consideration of approximately $2.6m plus approximately $1.2m in funding, to enter the US market. The Antenna division's revenue declined 11% to $10.9m, but April defence contract wins are converting into sales. MTI Summit revenue increased 12%, while operating profit fell 12% due to lower-margin volumes and supplier delays. These supplier delays created a substantial order backlog that is expected to unwind. The company highlighted both growth and operational challenges across its divisions. The financial update covers the period ending 30 September 2026. The company is positioning for further growth and improved profitability. The announcement includes updates on divisional performance, acquisitions, and financial position. The Board's intention to declare a progressive final dividend signals confidence in future results.