23rd Jun 2022 11:30
Oxford Metrics PLC - Oxford-based software provider - Reports halving profit in the half-year ended March 31 as order book grows. Interim pretax profit falls to GBP604,000 from GBP1.3 million a year ago. Revenue grows to GBP12.5 million from GBP11.2 million. Sales costs widen to GBP3.1 million from GBP2.6 million as administrative expenses increase to GBP3.0 million from GBP2.5 million.
Order book surges to GBP12.9 million from GBP700,000 a year ago. Regarding the future, citing growing market demand, Oxford Metrics says it "will deliver a performance for the full year in line with achieving market expectations."
Current stock price: 105.55 pence
12-month change: down 0.4%
By Tom Budszus; [email protected]
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