M.T.I Wireless Edge Ltd. (AIM:MWE) is looking for M&A. During the company?s full year results investor presentation, Moshe Borovitz, Chief Executive Officer said that ?We are always looking for M&As. It is true that since October, we did not really focus on that. We were focusing more on stabilizing the company and making sure the operation continues.

I think that we are ready now to look again at acquisition. I believe there would be better opportunities at the moment due to the macroeconomics. But at the same time, we will stick to our always guidance that we are on a [ better sales ] and store mode, and we will do only profit enhancing acquisitions?.

?We are positioned very well with strong balance sheet. And we will continue to look for M&As on a better stage than [store mode]. And I think that the key is that we started the 2024 very strong with lots of orders in the backlog and lots of pipeline of opportunities?.