25 April 2025 - Oxford Metrics plc (LSE: OMG), the smart sensing and software company servicing life sciences, entertainment, engineering and smart manufacturing markets, provides an update on trading for the six months ended 31 March 2025 (“H1”).

Trading update

Oxford Metrics confirms trading for the first half of the year remained on track and it expects to report H1 revenue and adjusted PBT in line with management expectations. Reflecting the Group’s normal seasonal pattern, revenue is expected to be second half weighted.

Momentum during the first half has continued across both divisions. Vicon secured new contracts across all main markets and in March, launched markerless motion capture. Vicon Markerless empowers creative and previsualisation teams to bring ideas to life with greater speed and ease than ever before. The build out of our smart manufacturing division has progressed with a number of new contract wins and the appointment of a new managing director, Dr Simon Gunter, to drive forward initiatives to capture more of this growth market.

Based on current US tariff policy the Group does not anticipate this will have a material impact, however we continue to monitor this and other macro-economic factors.

The Group remains in a strong financial position with a current net cash position of c. £41 million, and is well placed to pursue both organic growth and M&A. During the first half, the Group purchased 6,377,801 ordinary shares at an aggregate cost of c. £3.6 million.

The Group will provide more detail when it announces its Interim Results for the six months ended 31 March 2025 which is expected to be on Wednesday, 18 June 2025.

Board change

Cathy Robertson has informed the Board of her intention to retire and step down as Executive Director. Cathy will retire from the Board with immediate effect and will remain with the business until 23 May to ensure a smooth transition of Company Secretary responsibilities.

The Board thank Cathy for her commitment, contribution and dedication, and wish her the very best in retirement.

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