H1 Trading Update and Board Change

25 April 2025

Oxford Metrics plc

("Oxford Metrics" or the "Group")

H1 Trading Update and Board Change

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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About Oxford Metrics

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world's top 10 games companies and all of the top 20 universities worldwide. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, moved into defence, engineering and smart manufacturing. We have a strong track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.

The Group trades through its market-leading division Vicon, Industrial Vision Systems, and recently acquired, The Sempre Group. Vicon is a world leader in motion measurement analysis to thousands of customers worldwide, including Red Bull, Imperial College London, Dreamscape Immersive, Industrial Light & Magic, and NASA. Industrial Vision Systems is a specialist in machine vision software and technology for high precision, automated quality control systems trusted by blue-chip, smart manufacturing companies across the globe including BD, DePuy, Jaguar Land Rover, Johnson & Johnson, Zytronic and Alkegen. Sempre is a measurement specialist solving manufacturing challenges across multiple industries. Through their expert in-house consultants and partnerships with over 25 well-known manufacturers including Jenoptik, Renishaw and Micro-Vu, Sempre offers an extensive range of products and software to customers in aerospace, automotive, medical, energy and precision engineering.

The Group is headquartered in Oxford with offices in the United Kingdom, United States and Germany. Since 2001, Oxford Metrics (LSE: OMG), has been a quoted company listed on AIM, a market operated by the London Stock Exchange. For more information about Oxford Metrics, visit www.oxfordmetrics.com.