Oxford Metrics shares rally on in-line earnings, strong cash position

(Sharecast News) - Software company Oxford Metrics said on Wednesday that it expects to report full-year adjusted underlying earnings of £2.3m and revenues of £46.2m, in line with market expectations. In motion capture, despite headwinds around US academic funding changes noted, Oxford Metrics said its Vicon unit had delivered "a resilient performance", with improved activity in other geographies and end-markets.

In smart manufacturing, Oxford Metrics stated both IVS and Sempre's performance was "strong", with healthy organic and inorganic growth driven by improved management and product delivery execution.

The London-listed group also noted that it had finished the year with a cash balance of £37.0m after acquisition considerations of £5.4m, £4.2m in dividend payments and £8.3m in share buybacks.

Chief executive Imogen O'Connor said: "FY25 was a year of strong strategic progress for Oxford Metrics. Continued innovation, including the launch of new products, further strengthens our position across diversified, high-value niches and aligned to market trends. With a healthy balance sheet and a clear strategic direction, we enter the new financial year well placed to pursue the exciting growth opportunities ahead."

As of 0945 BST, Oxford Metrics shares had shot up 12.23% to 43.77p.







Reporting by Iain Gilbert at Sharecast.com