IN BRIEF: Oxford Metrics annual profit drops as prepares new strategy
Oxford Metrics PLC - Oxford, England-based sensing and measurement technology - Pretax profit drops by 84% to GBP85,000 in the financial year that ended September 30 from GBP542,000 the year before. Revenue is up 8.0% to 44.8 million from GBP41.5 million, but cost of sales rises mostly in line with revenue. Sales, support and market costs increase, while finance income drops and finance expense rises. Oxford Metrics says it has made a "solid start" to financial 2026, with trading in line with expectations and order intake up 21% on year. Now under a new chair, the company says it will present its new strategy, centred on scaling its core technologies, and three-year plan with its interim results. It also will move its year-end to December 31, starting with the current year, subject to approvals. Read More