MTI Technology
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 40.8m | 39.7m | 44.0m | 35.0m | 48.5m | 20.8m | 19.5m |
% growth | (5 %) | (3 %) | 11 % | (20 %) | 38 % | (57 %) | (6 %) |
EBITDA | 1.3m | <1m | <1m | 1.1m | 2.0m | 2.0m | <1m |
% EBITDA margin | 3 % | 2 % | 2 % | 3 % | 4 % | 10 % | 3 % |
Profit | <1m | <1m | <1m | (<1m) | 1.5m | 1.7m | <1m |
% profit margin | 2 % | 1 % | 1 % | - | 3 % | 8 % | 1 % |
Date | Investors | Amount | Round |
---|---|---|---|
$15.0m | Early VC | ||
N/A | Acquisition | ||
Total Funding | $15.0m |
Recent News about MTI Technology
EditMTI is a leading provider of bespoke, end-to-end technology solutions and services, specializing in hybrid infrastructure and cyber security. The company operates in the IT services market, serving a diverse range of clients from various industries who seek to optimize their IT environments. MTI's business model revolves around forming close partnerships with customers, integrating into their teams to deeply understand their goals and challenges. This approach allows MTI to deliver tailored solutions that enhance cost efficiency, resilience, and management of IT systems. Revenue is generated through the provision of these comprehensive technology solutions and ongoing support services. Acquired by Ricoh Europe in 2020, MTI continues to operate independently while leveraging Ricoh's global scale to meet the growing demands of its expanding customer base. The company is committed to outstanding customer experiences and has been recognized for its corporate social responsibility efforts with a gold medal from EcoVadis.
Keywords: hybrid infrastructure, cyber security, IT optimization, bespoke solutions, end-to-end services, cost efficiency, resilience, customer partnership, Ricoh Europe, EcoVadis.