Interim results

MTI Wireless Edge Limited

17 August 2026

 

17 August 2026

MTI Wireless Edge Ltd

("MTI", the "Company" or the "Group")

Interim results

Double Digit Growth, Strengthening Operating Margin & Positive Business Mix

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to today announce its financial results for the six month period ended 30 June 2026.

Financial highlights - double digit growth at all levels

·    11% growth in revenues to US$26.7m (H1 2025: US$24.1m)

·    21% increase in operating profit to US$3.0m (H1 2025: US$2.5m)

·    28% rise in net profit to US$2.5m (H1 2025: US$2.0m)

·    15% boost to basic earnings per share to 2.88 US cents (H1 2025: 2.50 US cents)

·    Continued strong cash position with net cash standing at US$7.7m on 30 June 2026, reflecting high cashflow conversion rate and after a $3.0m dividend payment in April 2026 (net cash at 31 December 2025: $9.4m)

Operational highlights

Antenna division

·    The Antenna division is well positioned following the award of a series of significant defence contracts in April 2026. These contracts were secured late in the period and due to this timing, the Antenna division's H1 revenues were 20% below the prior year comparison. Nonetheless, a stronger business mix delivered improved margins, resulting in the division's operating profit broadly in line with H1 2025, excluding a $100,000 bad debt provision made this year. With the benefit of the new contracts, together with a strong existing order backlog, the division is well placed for the second half of the year.

·    Reflecting the rise in conflicts globally, defence orders are expected to continue to be the primary driver of future revenues for this division. Order intake has been high from this sector alongside a notable increase in contract values.

Mottech

·    Mottech delivered an excellent period of outperformance, with sales increasing 31% and operating profit rising 51% compared with H1 2025. Demand for Mottech's services was particularly strong across international markets with North America, Italy and the Arabian Gulf being key contributors to growth. The division opened a new office in Italy in May. The division is assessing opportunities to bring selected external distribution businesses in-house in key markets, providing the potential to accelerate growth and deepen its market presence. Overall, Mottech is on course to deliver a strong performance for the full year.

MTI Summit

·    MTI Summit delivered another strong performance, with sales increasing 18% and operating profit rising 46% compared with H1 2025, reflecting an improved business mix alongside the benefits of greater operational scalability. Importantly, PSK, in which the Group has increased its stake to 60%, has successfully overcome the challenges it faced and has secured a series of valuable new defence contracts, providing a strong platform for future growth. The division continues to have a strong pipeline of future design tenders, underpinning a positive outlook for the remainder of the year.

Moni Borovitz, Chief Executive Officer of MTI Wireless Edge, said:

"I am delighted to report an excellent trading period for the Group. This is clearly demonstrated by the double-digit improvement across all of our trading performance. While defence has been a key driver, given the increase in global tensions and related defence spending, we are a diversified business and in these six months our water control and distribution business, Mottech, was the best performing division.

"This shows the importance of having a diversified business relevant across a variety of sectors. MTI targets several growth markets, and the technology and services we provide are based on our core expertise of sending and receiving information wirelessly and reliably, often in harsh environments.

"We have entered the second half well placed to achieve a good result for the year. We have an extensive backlog of orders, good visibility on future opportunities to tender for new contracts, a strong balance sheet and rising demand across all three divisions."

Engage with the MTI Wireless LTD management team directly by asking questions, watching webinars and seeing what other shareholders have to say. Navigate to our interactive investor hub here:  https://investors.mtiwirelessedge.com

For further information please contact:

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MTI Wireless Edge Ltd	[phone]
Moni Borovitz, CEO
Allenby Capital Limited (Nomad and Joint Broker)	[phone]
Nick Naylor/Alex Brearley/David Asquith (Corporate Finance)
Tony Quirke/Amrit Nahal (Sales and Corporate Broking)
Shore Capital (Joint Broker) Toby Gibbs/George Payne (Corporate Advisory) Fiona Conroy (Corporate Broking)	[phone]
Novella (Financial PR)
Tim Robertson/Oliver Norton	[phone]

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Chief Executive's statement

The Group delivered a strong trading performance in the first half of 2026, against a backdrop that continues to create real opportunities across all three divisions of the business. There is ongoing sustained demand across our products and solutions, driven by both higher defence budgets alongside mounting pressure on water security driving investment in smart irrigation, a trend from which Mottech continues to benefit. As a result, MTI achieved double digit growth in revenue, gross margin, operating profit, net profit and earnings per share, with gross margin improving to 33.8% from 32.5%, reflecting a healthy sales mix and improving the Group's earnings growth.

The Group remains focused on its long-standing strategy of maintaining a diversified offering across three divisions, each serving specialised sectors, which has been the foundation of MTI's consistent performance.

Antenna division

This division is a one stop shop for the sale of 'off the shelf' flat and parabolic antennas, combined with the provision of custom-developed antenna solutions to a range of commercial and military customers, with a growing focus on providing 5G backhaul antenna solutions to support mobile phone operators as they roll-out their 5G networks. These are mission-critical products, engineered to send information reliably in unpredictable environments, a quality that continues to underpin demand from military and commercial customers alike.

The Antenna division has been extremely successful in securing a series of new orders in total worth approximately $6 million with the vast majority due over the next 18 months; these contracts were won in April 2026, which will result in a second-half weighted revenue split this year. Notwithstanding the second-half weighting in revenue, operational profitability was broadly maintained relative to the prior year, reflecting an improved gross margin derived from military and ABS® antenna sales.

In December 2025, the division achieved AS9100D certification, the internationally recognised quality standard for the aerospace and defence sector, which has visibly strengthened MTI's ability to tender for higher value airborne defence contracts, an area of the market experiencing significant growth as governments invest in next generation military hardware.

Sales of the division's innovative ABS® antenna solution, which forms part of the Company's 5G backhaul offering, remained strong and were a key driver of profitability during the period. This was further supported by a significant new customer win for the ABS® antenna solution during the six months, strengthening the division's position as the leading provider of this technology to Western customers. The benefits of this win are expected to be reflected in future periods, providing further support for the division's growth prospects.

While E-band 5G backhaul solution sales in India have been slower compared to previous periods, they remain crucial to the leading mobile operators ability to rollout their 5G networks, and the potential therefore for this market remains unchanged albeit hard to predict.

Water Control & Management division

This division provides wireless control systems to manage irrigation and water distribution for agriculture, municipal authorities and commercial entities. It operates under the Mottech brand and utilises part of the hardware technology from Motorola, integrated with the Company's own proprietary hardware and management software.

Mottech delivered a strong increase in revenue, up 31% against the previous period last year, together with a 51% increase in operating profit, making it the leading division in the Group during H1 2026. Water scarcity remains a critical global issue and is driving demand for products which can efficiently manage irrigation and water distribution, creating scope to grow with existing clients and to win new customers in new markets, including a landscape irrigation contract secured in the Arabian Gulf shortly after the period end.

In February 2026, the Group acquired the remaining 50% interest in Mottech Parkland, the now wholly owned Australian subsidiary, which operates in a market projected to reach US$743 million by 2030, at a compound annual growth rate of 22.5%. The Board views full ownership of Mottech Parkland as timely, positioning the Group to actively pursue opportunities in this fast-growing market.

In May 2026, Mottech Italy was established to build on current momentum and exploit opportunities to secure further recurring revenue generating contracts. Elsewhere, the division is also assessing opportunities to bring selected external distribution businesses in-house, providing the potential to accelerate growth and deepen its market presence.

Distribution & Professional Consulting Services division

Operating under the MTI Summit Electronics brand, this division exclusively represents international suppliers of radio frequency/microwave components and sells these products to Israeli customers, while also acting as a consultant to both suppliers and customers on complete radio frequency/microwave solutions.

MTI Summit continued to perform very strongly, with revenue up 18% year on year and operating profit up 46% year on year. This performance was again driven by a favourable product mix and the increasing scalability of the division, underlining the consistency of its operating model. Within the division, PSK continued to build its order book, securing a US$2.2m contract to supply communications infrastructure to the Israeli Ministry of Defence, the scope of which was subsequently expanded to approximately US$4.5m. This illustrates the growing demand for PSK's capabilities within the defence sector, and the division looks ahead with confidence as more opportunities arise and further strengthen an already robust order pipeline.

Outlook

Against an uncertain geopolitical backdrop, increased defence spending is likely to remain a global priority, resulting in further strategic momentum for MTI. Trading in Q3 has started well, with activity weighted towards the delivery of orders already secured, and this provides the Board good visibility on the Group's performance for the year.

MTI enters the second half of the year in a position of real strength. It is a diversified business, with a robust balance sheet and three divisions each pursuing clear objectives. Supported by a healthy pipeline of opportunities, the Board remains confident that the Group will continue to trade in line with market expectations for the full year.

About MTI Wireless Edge Ltd. ("MTI")

Headquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:

Antenna division

MTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 174 GHz.

Internationally recognized as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range, MTI addresses both commercial and military applications.

MTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for 5G backhaul, Broadband access, public safety, RFID, base station and terminals for the utility market.

Military applications include a wide range of broadband, tactical and specialized communication antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.

Water Control & Management division

Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI provides high-end remote control and monitoring solutions for water and irrigation applications based on Motorola's IRRInet state-of-the-art control, monitoring and communication technologies.

As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, increase crops quality and yield while reducing operational and maintenance costs providing fast ROI while helping sustain the environment. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse.

Distribution & Professional Consulting Services division

Via its subsidiary, MTI Summit Electronics Ltd., MTI offers consulting, representation and marketing services to foreign companies in the field of RF and Microwave solutions and applications including engineering services (including design and integration) in the field of aerostat systems and the ongoing operation of Platform subsystems, SIGINT, RADAR, communication and observation systems which is performed by the Company. It also specializes in the development, manufacture and integration of communication systems and advanced monitoring and control systems for the Government and defence industry market.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

COMPREHENSIVE INCOME

	Six month period ended  June 30,				Year ended December 31,
	2026		2025		2025
	U.S. $ in thousands               (Except per share data)
	Unaudited
Revenues	26,709		24,138		51,476
Cost of sales	17,682		16,299		34,751
Gross profit	9,027		7,839		16,725
Research and development expenses	619		540		1,166
Distribution expenses	1,873		1,772		3,642
General and administrative expenses	3,520		3,040		6,121
Profit from sale of property, plant and equipment	4		-		15
Profit from operations	3,019		2,487		5,811
Finance expenses	391		282		446
Finance income	(245)		(63)		(45)
Profit before income tax	2,873		2,268		5,410
Income tax expenses	345		295		751
Profit	2,528		1,973		4,659
Other comprehensive income (loss) net of tax:
Items that will not be reclassified to profit or loss:
Re-measurement of defined benefit plans	-		-		(55)
Items that may be reclassified to profit or loss:
Adjustment arising from translation of financial statements of foreign operations	284		10		256
Total other comprehensive income (loss)	284		10		201
Total comprehensive income	2,812		1,983		4,860
Profit (loss) attributable to:
Owners of the parent	2,485		2,159		5,047
Non-controlling interests	43		(186)		(388)
	2,528		1,973		4,659
Total comprehensive income (loss) attributable to:
Owners of the parent	2,769		2,169		5,248
Non-controlling interests	43		(186)		(388)
	2,812		1,983		4,860
Earnings per share (dollars)
Basic (dollars per share)	0.0288		0.0250		0.0586
Diluted (dollars per share)	0.0286		0.0249		0.0583
Weighted average number of shares outstanding
Basic	86,197,307		86,195,724		86,195,724
Diluted	86,835,934		86,608,765		86,510,376

The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

CHANGES IN EQUITY

For the six month period ended June 30, 2026 (Unaudited):

	Attributable to owners of the parent
	Share capital	Additional paid-in capital	Translation differences	Retained earnings	Total attributable to owners of the parent	Non-controlling interest	Total equity
	U.S. $ in thousands
Balance at January 1, 2026	209	22,098	(359)	8,931	30,879	663	31,542
Changes during the six month period     ended June 30, 2026:
Comprehensive income
Profit for the period	-	-	-	2,485	2,485	43	2,528
Other comprehensive income
Translation differences	-	-	284	-	284	-	284
Total comprehensive income for the period	-	-	284	2,485	2,769	43	2,812
Exercise of options to share capital	*	15	-	-	15	-	15
Share based payment	-	20	-	-	20	-	20
Dividend	-	-	-	(3,010)	(3,010)	-	(3,010)
Acquisition of	-	-	-	-	-	(480)	(480)
Balance at June 30, 2026	209	22,133	(75)	8,406	30,673	226	30,889

The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

CHANGES IN EQUITY

For the six month period ended June 30, 2025 (Unaudited):

	Attributable to owners of the parent
	Share capital	Additional paid-in capital	Translation differences	Retained earnings	Total attributable to owners of the parent	Non-controlling interest	Total equity
	U.S. $ in thousands
Balance at January 1, 2025	209	22,002	(615)	6,861	28,457	1,051	29,508
Changes during the six month period     ended June 30, 2025:
Comprehensive income
Profit (loss) for the period	-	-	-	2,159	2,159	(186)	1,973
Other comprehensive income
Translation differences	-	-	10	-	10	-	10
Total comprehensive income (loss) for the period	-	-	10	2,159	2,169	(186)	1,983
Share based payment	-	54	-	-	54	-	54
Dividend	-	-	-	(2,922)	(2,922)	-	(2,922)
Balance at June 30, 2025	209	22,056	(605)	6,098	27,758	865	28,623

 The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

For the year ended December 31, 2025 :

	Attributable to owners of the parent
	Share capital	Additional paid-in capital	Translation differences	Retained earnings	Total attributable to owners of the parent	Non-controlling interests	Total equity
	U.S. $ in thousands
Balance as at January 1, 2025	209	22,002	(615)	6,861	28,457	1,051	29,508
Changes during 2025:
Comprehensive income
Profit (loss) for the year	-	-	-	5,047	5,047	(388)	4,659
Other comprehensive income (loss)
Remeasurements on defined benefit plans	-	-	-	(55)	(55)	-	(55)
Translation differences	-	-	256	-	256	-	256
Total comprehensive income (loss) for the year	-	-	256	4,992	5,248	(388)	4,860
Dividend	-	-	-	(2,922)	(2,922)	-	(2,922)
Share based payment	-	96	-	-	96	-	96
Balance as at December 31, 2025	209	22,098	(359)	8,931	30,879	663	31,542

The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

FINANCIAL POSITION

	30.06.2026		30.06. 2025		31.12. 2025
	U.S. $ in thousands
	Unaudited
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	8,216		5,501		9,547
Trade and other receivables	15,226		14,017		14,852
Unbilled revenue	6,925		5,003		6,674
Current tax receivables	695		402		618
Inventories	6,590		9,119		7,339
	37,652		34,042		39,030
NON-CURRENT ASSETS:
Long term prepaid expenses	51		35		75
Property, plant and equipment	5,223		5,504		5,399
Deferred tax assets	1,442		1,331		1,304
Intangible assets	3,087		3,375		3,289
	9,803		10,245		10,067
Total assets	47,455		44,287		49,097

The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

FINANCIAL POSITION

	30.06.2026		30.06.2025			31.12.2025
	U.S. $ In thousands
	Unaudited
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Current maturities and short term bank credit and loans	398		317		64
Trade payables	6,309		7,663		7,057
Other accounts payable	6,983		4,894		7,528
Contingent consideration	853
Current tax payables	596		438		562
	15,139		13,312		15,211
NON- CURRENT LIABILITIES:
Contingent consideration	-		837		853
Lease liabilities	420		580		545
Loans from banks, net of current maturities	83		110		114
Employee benefits, net	914		825		832
	1,417		2,352		2,344
Total liabilities	16,556		15,664		17,555
EQUITY
Equity attributable to owners of the parent
Share capital	209		209		209
Additional paid-in capital	22,133		22,056		22,098
Translation differences	(75)		(605)		(359)
Retained earnings	8,406		6,098		8,931
	30,673		27,758		30,879
Non-controlling interest	226		865		663
Total equity	30,899		28,623		31,542
Total equity and liabilities	47,455		44,287		49,097

August 16, 2026
Date of approval of financial statements	Moshe Borovitz Chief Executive Officer	Elhanan Zeira Controller	Amalia Borovitz Bryl Chairperson of the Board

The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

CASH FLOWS

		Six month period ended  June 30,					Year ended December 31,
		2026		2025		2025
		U.S. $ in thousands
		Unaudited
Cash Flows from Operating Activities:
Profit for the period		2,528		1,973		4,659
Adjustments for:
Depreciation and amortization		705		563		1,184
Equity settled share-based payment expense		20		54		96
Loss (Gain) from sale of property, plant and equipment		13		134		(15)
Finance (income) expenses, net		27		53		40
Changes in Contingent consideration		-		-		16
Tax expenses		345		295		751
Changes in operating assets and liabilities:
Decrease (increase) in inventories		831		(820)		1,051
Decrease (increase) in trade receivables		(622)		1,758		1,332
Decrease in other accounts receivables		645		905		689
Increase in unbilled revenues		(251)		(1,803)		(3,474)
Increase (decrease) in trade and other accounts payables	4	(1,482)		(258)		1,574
Increase in employee benefits, net		82		55		7
Cash from operations		2,841		2,909		7,910
Interest received		57		19		30
Interest paid		(49)		(54)		(88)
Income tax paid, net		(505)		(341)		(850)
Net cash provided (used) by operating activities		2,344		2,533		7,002

 The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

INTERIM CONSOLIDATED STATEMENTS OF

CASH FLOWS

					Six month period ended  June 30,				Year ended December 31,
					2026		2025		2025
					U.S. $ in thousands
					Unaudited
Cash Flows from Investing Activities:
Proceeds from sale of property, plant and equipment					32		-		40
Purchase of property, plant and equipment					(280)		(369)		(540)
Net cash used in investing activities					(248)		(369)		(500)
Cash Flows from Financing Activities:
Dividend					(3,010)		(2,922)		(2,922)
Payments of lease liabilities					(314)		(176)		(355)
Acquisition of the non-controlling interest in subsidiary					(480)		-		-
Receipt of loans from banks					334		122		150
Exercise of option to shares					15		-		-
Repayment of long-term loans from banks					(33)		(8)		(220)
Net cash provided by /(used in) financing activities					(3,488)		(2,984)		(3,347)
Increase/(Decrease) in cash and cash equivalents during the period					(1,392)		(820)		3,155
Cash and cash equivalents  at the beginning of the period					9,547		6,269		6,269
Exchange differences on balances of cash and        cash equivalents					61		52		123
Cash and cash equivalents  at the end of the period					8,216		5,501		9,547

 The accompanying notes form an integral part of the financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

Note 1 - General:

Corporate information:

M.T.I Wireless Edge Ltd. (hereafter - the "Company", or collectively with its subsidiaries, the "Group") is an Israeli corporation. The Company was incorporated under the Companies Act in Israel on December 30, 1998 and commenced operations on July 1, 2000. Since March 2006, the Company's shares have been traded on the AIM market of the London Stock Exchange.

The formal address of the Company is 11 Hamelacha Street, Afek industrial Park, Rosh-Ha'Ayin, Israel.

The Company and its subsidiaries are engaged in the following areas:

-     Development, design, manufacture and marketing of antennas for the military and civilian sectors.

-     A leading provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies.

-     Providing consulting, representation and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services.

-     Development, manufacture and integration of communication systems and advanced monitoring and control systems for the Government and defence industry market.

Note 2 - Significant Accounting Policies:

The interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles for the preparation of financial statements for interim periods, as prescribed in International Accounting Standard No. 34 ("Interim Financial Reporting").

The interim consolidated financial information set out above does not constitute full year-end accounts within the meaning of Israeli Companies Law. It has been prepared on the going concern basis in accordance with the recognition and measurement criteria of the International Financial Reporting Standards (IFRS). Statutory financial information for the financial year ended December 31, 2025 was approved by the board on 3 March 2026. The report of the auditors on those financial statements was unqualified.

The interim consolidated financial statements as of June 30, 2026 have not been audited.

The interim consolidated financial information should be read in conjunction with the annual financial statements as of December 31, 2025 and for the year then ended and with the notes thereto. The significant accounting policies applied in the annual financial statements of the Company as of December 31, 2025 are applied consistently in these interim consolidated financial statements.

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

Note 3 - REVENUES:

		Six month period ended      June 30,				Year ended December 31,
		2026		2025			2025
		U.S. $ in thousands
		Unaudited
Revenues arise from:
Sale of goods*		20,130		17,189			35,562
Rendering of services**		3,728		3,120			7,216
Projects**		2,851		3,829			8,698
		26,709		24,138			51,476

(*) at point in time

(**) over time

Note 4 - operating SEGMENTS:

The following tables present revenue and profit information regarding the Group's operating segments for the six month period ended June 30, 2026 and 2025 respectively and for the year ended December 31, 2025.

Six month period ended June 30, 2026 (Unaudited):

	Antennas	Water Solutions	Distribution & Consultation Services	Adjustment & Elimination	Total
	U.S. $ in thousands
Revenues
External	6,630	10,895	9,184	-	26,709
Intersegment	-	-	107	(107)	-
Total	6,630	10,895	9,291	(107)	26,709
Segment profit	596	1,230	1,032	161	3,019
Finance expense, net					146
Tax expenses					345
Profit					2,528

June 30, 2026:

	Antennas	Water Solutions	Distribution & Consultation Services	Adjustment & Elimination	Total
	U.S. $ in thousands
Segment assets	15,359	15,132	14,795	-	45,286
Unallocated assets					2,169
Segment liabilities	5,902	5,571	4,310	-	15,783
Unallocated liabilities					773

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

Note 4 - operating SEGMENTS:

Six month period ended June 30, 2025 (Unaudited):

	Antennas	Water Solutions	Distribution & Consultation Services	Adjustment & Elimination	Total
	U.S. $ in thousands
Revenues
External	8,239	8,311	7,588	-	24,138
Internal	29	-	285	(314)	-
Total	8,268	8,311	7,873	(314)	24,138
Segment profit	696	814	708	269	2,487
Finance expense, net					219
Tax expenses					295
Profit					1,973

June 30, 2025:

	Antennas	Water Solutions	Distribution & Consultation Services	Adjustment & Elimination	Total
	U.S. $ in thousands
Segment assets	16,220	12,454	13,363	-	42,037
Unallocated assets					2,250
Segment liabilities	5,145	3,944	5,619	-	14,708
Unallocated liabilities					956

Year ended December 31, 2025

	Antennas	Water Solutions	Distribution & Consultation	Eliminations	Total
	U.S. $ in thousands
Revenues
External	15,621	18,504	17,351	-	51,476
Inter-segment	-	-	403	(403)	-
Total	15,621	18,504	17,754	(403)	51,476
Segment profit	1,512	1,864	1,990	445	5,811
Finance expenses, net					401
Profit before tax					5,410
Tax expenses					751
Profit					4,659

MTI WIRELESS EDGE LTD.

 (An Israeli Corporation)

Note 4 - operating SEGMENTS:

December 31, 2025:

	Antennas	Water Solutions	Distribution & Consultation	Eliminations	Total
	U.S. $ in thousands
Segment assets	16,786	14,245	15,851	-	46,882
Unallocated assets					2,215
Segment liabilities	5,078	4,667	6,892	-	16,637
Unallocated liabilities					918

Note 5 - SIGNIFICANT EVENTS:

A.  The Board of directors declared a cash dividend of 3.4 US cents per share being approximately $3,010,000. This dividend was paid on 14 April 2026 to shareholders on the register at the close of trading on 27 March 2026.

B.   The financial statements for the year ended 31 December 2025 were authorized for issue by the board as a whole following their approval on 3 March 2026.

C.   On 24 January 2019, the Company announced a share repurchase program to conduct market purchases of ordinary shares of par value 0.01 Israeli Shekels each ("Ordinary Shares") in the Company up to a maximum value of £150,000 (the "Programme"). Thereafter, the board of directors of the Company and the board of directors of MTI Engineering have decided to continue with the Programme for several further periods and to increase the maximum value of the Programme up to £1,000,000, plus any additional funds received from dividends or profits from selling the shares, although the current intention is to hold the Ordinary Shares purchased for a longer period of time. The Programme is currently in place until the end of March 2027 and as at 30 June 2026, 2,343,000 Ordinary Shares were held in treasury under the Programme.

D.  On 9 February 2026, Mottech Water Solutions acquired the remaining 50% interest in its Australian subsidiary Mottech Parkland (Pty) Ltd. (Mottech Parkland) for AUD550,000 and is now the sole owner of Mottech Parkland (Pty) Ltd.

E.   During January to June 2026, employees of the Company exercised options over 30,000 Ordinary Shares in exchange for a total consideration of approximately $15,000. There are currently 1,870,000 share options granted under the current employee share option plan of the Company with 920,000 being fully vested.

 

END