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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 £2.3 million. For financial 2024, Oxford Metrics had reported a pretax profit of £2.8 million. Revenue is expected ‘broadly’ in line with £46.2 million consensus, up from £41.5 million in financial 2024. In the six months that ended March 31, Oxford Metrics swung to a pretax loss of £666,000 from a pretax profit of £3.7 million a year before. First-half revenue was £20.1 million, down 14% from £23.5 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 £37.0 million at September 30, down from net cash of £39.9 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.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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