M.T.I Wireless Edge (MWE) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025, was $37.8M, up from $33.7M year-over-year.

• Net profit for the period was $3.4M, compared to $3.1M in the prior year period.

• Total comprehensive income attributable to owners was $3.8M, up from $3.1M year-over-year.

Financial highlights

• Gross profit for the nine months was $12.2M, up from $10.6M year-over-year.

• Operating profit reached $4.2M, compared to $3.5M in the same period last year.

• Basic EPS for the period was $0.0431, up from $0.0360 year-over-year.

• Cash and cash equivalents at period end were $6.6M, up from $5.1M a year earlier.

• Net cash from operating activities was $4.0M, up from $1.1M year-over-year.

Outlook and guidance

• The share repurchase program remains in place until March 2026, with 2.34M shares held in treasury as of September 30, 2025.

• No further earn-out payments are due for the PSK acquisition; the group now owns 60% of PSK.