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MTI Wireless Edge Limited

MTI Wireless Edge's Moni Borovitz confident on 2019 as he takes over as CEO

Moni Borovitz, from MTI Wireless Edge Ltd (LON:MWE), spoke to Proactive's Andrew Scott as he took over the role of chief executive.

Borovitz also talks through their 2018 results - the company saw a sharp uplift in sales and profits following the merger with its major shareholder in September.

Operating profit rose by 82% to US$2.9mln in the year to December on revenues 35% higher at US$35.5mln.

Quick facts: MTI Wireless Edge Limited

Price: £0.23

Market: AIM
Market Cap: £20.18 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, 3 days ago

2 min read