M.T.I Wireless Edge Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	51.48	45.57	45.63	46.27	43.18
Revenue Growth (YoY)	12.95%	-0.13%	-1.38%	7.15%	5.60%
Cost of Revenue	34.75	31.37	30.96	31.68	29.69
Gross Profit	16.73	14.2	14.67	14.59	13.5
Selling, General & Admin	9.76	8.73	8.99	8.92	8.13
Research & Development	1.17	1.02	1.05	1.08	0.97
Operating Expenses	10.93	9.75	10.03	10	9.1
Operating Income	5.8	4.45	4.64	4.59	4.4
Interest Expense	-0.45	-0.28	-0.35	-0.28	-0.25
Interest & Investment Income	-	0.19	0.18	0.11	0.07
Currency Exchange Gain (Loss)	-	0.11	0.04	-0.11	-0.21
Other Non Operating Income (Expenses)	0.05	-	0.01	-	-
EBT Excluding Unusual Items	5.4	4.47	4.51	4.32	4.01
Gain (Loss) on Sale of Assets	0.02	0.06	0.01	0	0.03
Other Unusual Items	-	0.28	0.32	-	-
Pretax Income	5.41	4.81	4.84	4.32	4.04
Income Tax Expense	0.75	0.62	0.76	0.47	0.33
Earnings From Continuing Operations	4.66	4.19	4.08	3.85	3.71
Minority Interest in Earnings	0.39	0.17	-0.03	-0.13	-0.11
Net Income	5.05	4.36	4.05	3.72	3.6
Net Income to Common	5.05	4.36	4.05	3.72	3.6
Net Income Growth	15.65%	7.89%	8.71%	3.42%	6.67%
Shares Outstanding (Basic)	86	87	88	88	89
Shares Outstanding (Diluted)	87	87	88	88	89
Shares Change (YoY)	-1.02%	-0.93%	-0.18%	-0.07%	0.47%
EPS (Basic)	0.06	0.05	0.05	0.04	0.04
EPS (Diluted)	0.06	0.05	0.05	0.04	0.04
EPS Growth	16.83%	8.95%	8.86%	3.50%	6.17%
Free Cash Flow	6.46	2.17	3.11	3.04	5.76
Free Cash Flow Per Share	0.07	0.03	0.04	0.03	0.07
Dividend Per Share	-	0.033	0.031	0.030	0.028
Dividend Growth	-	6.45%	3.33%	7.14%	12.00%
Gross Margin	32.49%	31.16%	32.15%	31.53%	31.26%
Operating Margin	11.26%	9.77%	10.16%	9.92%	10.19%
Profit Margin	9.80%	9.58%	8.86%	8.04%	8.33%
Free Cash Flow Margin	12.55%	4.76%	6.82%	6.57%	13.33%
EBITDA	6.98	5.3	5.43	5.49	4.93
EBITDA Margin	13.56%	11.64%	11.89%	11.85%	11.41%
D&A For EBITDA	1.18	0.85	0.79	0.89	0.53
EBIT	5.8	4.45	4.64	4.59	4.4
EBIT Margin	11.26%	9.77%	10.16%	9.92%	10.19%
Effective Tax Rate	13.88%	12.86%	15.70%	10.84%	8.15%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.