15th Oct 2025 13:50
(Alliance News) - Oxford Metrics PLC on Wednesday said it had returned to growth by the end of financial 2025, which ended in late September, after swinging to a loss in the first half.
The Oxfordshire, England-based technology company specialises in motion capture technology. Its shares jumped 16% to 45.24 pence on Wednesday afternoon in London.
It expects full-year adjusted earnings before interest and tax in line with company-cited consensus of GBP2.3 million.
For financial 2024, Oxford Metrics had reported a pretax profit of GBP2.8 million.
Revenue is expected "broadly" in line with GBP46.2 million consensus, up from GBP41.5 million in financial 2024.
In the six months that ended March 31, Oxford Metrics swung to a pretax loss of GBP666,000 from a pretax profit of GBP3.7 million a year before. First-half revenue was GBP20.1 million, down 14% from GBP23.5 million on-year. The firm attributed the slump to increased costs and uncertainty of grant funding for its US customers.
The company reported a cash balance of GBP37.0 million at September 30, down from net cash of GBP39.9 million at the end of March.
Chief Executive Imogen O'Connor commented on Wednesday: "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."
By Holly Munks, Alliance News reporter
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