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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	49.66	45.57	45.63	46.27	43.18	40.89
Revenue Growth (YoY)	8.77%	-0.13%	-1.38%	7.15%	5.60%	2.12%
Cost of Revenue	33.89	31.37	30.96	31.68	29.69	27.82
Gross Profit	15.77	14.2	14.67	14.59	13.5	13.08
Selling, General & Admin	9.41	8.73	8.99	8.92	8.13	7.96
Research & Development	1.12	1.02	1.05	1.08	0.97	1.03
Operating Expenses	10.52	9.75	10.03	10	9.1	8.99
Operating Income	5.25	4.45	4.64	4.59	4.4	4.09
Interest Expense	-0.46	-0.28	-0.35	-0.28	-0.25	-0.28
Interest & Investment Income	-	0.19	0.18	0.11	0.07	0.03
Currency Exchange Gain (Loss)	0.11	0.11	0.04	-0.11	-0.21	0.23
Other Non Operating Income (Expenses)	-	-	0.01	-	-	-
EBT Excluding Unusual Items	4.9	4.47	4.51	4.32	4.01	4.07
Gain (Loss) on Sale of Assets	0	0.06	0.01	0	0.03	-0.01
Other Unusual Items	0.28	0.28	0.32	-	-	-
Pretax Income	5.18	4.81	4.84	4.32	4.04	4.06
Income Tax Expense	0.63	0.62	0.76	0.47	0.33	0.56
Earnings From Continuing Operations	4.54	4.19	4.08	3.85	3.71	3.49
Minority Interest in Earnings	0.39	0.17	-0.03	-0.13	-0.11	-0.12
Net Income	4.93	4.36	4.05	3.72	3.6	3.37
Net Income to Common	4.93	4.36	4.05	3.72	3.6	3.37
Net Income Growth	13.96%	7.89%	8.71%	3.42%	6.67%	18.39%
Shares Outstanding (Basic)	86	87	88	88	89	88
Shares Outstanding (Diluted)	87	87	88	88	89	88
Shares Change (YoY)	-1.04%	-0.93%	-0.18%	-0.07%	0.47%	0.99%
EPS (Basic)	0.06	0.05	0.05	0.04	0.04	0.04
EPS (Diluted)	0.06	0.05	0.05	0.04	0.04	0.04
EPS Growth	15.39%	8.95%	8.86%	3.50%	6.17%	17.23%
Free Cash Flow	5.14	2.17	3.11	3.04	5.76	3.54
Free Cash Flow Per Share	0.06	0.03	0.04	0.03	0.07	0.04
Dividend Per Share	0.033	0.033	0.031	0.030	0.028	0.025
Dividend Growth	6.45%	6.45%	3.33%	7.14%	12.00%	25.00%
Gross Margin	31.76%	31.16%	32.15%	31.53%	31.26%	31.98%
Operating Margin	10.56%	9.77%	10.16%	9.92%	10.19%	10.00%
Profit Margin	9.93%	9.58%	8.86%	8.04%	8.33%	8.25%
Free Cash Flow Margin	10.34%	4.76%	6.82%	6.57%	13.33%	8.67%
EBITDA	5.67	5.3	5.43	5.49	4.93	4.62
EBITDA Margin	11.41%	11.64%	11.89%	11.85%	11.41%	11.29%
D&A For EBITDA	0.42	0.85	0.79	0.89	0.53	0.53
EBIT	5.25	4.45	4.64	4.59	4.4	4.09
EBIT Margin	10.56%	9.77%	10.16%	9.92%	10.19%	10.00%
Effective Tax Rate	12.23%	12.86%	15.70%	10.84%	8.15%	13.91%

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