19th Oct 2021 15:38
Oxford Metrics PLC - software company servicing infrastructure, life sciences, entertainment and engineering markets - For the year ended September 30, expects to report adjusted pretax profit of GBP4.6 million, on revenue of GBP35.7 million, driven by a good performance from both divisions, especially with Vicon experiencing growing demand in the second half.
For the 2020 financial year, Oxford Metrics published an adjusted pretax profit of GBP2.6 million and revenue of GBP30.3 million.
Looking ahead however, the company warned that Vicon is experiencing short term supply chain issues from the global semiconductor shortage, which may affect revenue for the first half of the 2022 financial year.
Oxford Metrics will publish its annual results on December 2.
Current stock price: 118.00 pence, up 6.8%
Year-to-date change: up 25%
By Dayo Laniyan; [email protected]
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