Oxford Metrics (GB:OMG) has released an update.
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Oxford Metrics reports a mixed financial year with revenue dipping to £41.5m and adjusted profit before tax falling to £3.7m, largely due to delayed purchasing decisions and a slowdown in the entertainment sector. However, the company is optimistic about future growth, having entered the smart manufacturing market and nearing the commercialisation of its markerless technology. With a strong balance sheet and strategic acquisitions, Oxford Metrics is well-positioned for success in the upcoming year.
For further insights into GB:OMG stock, check out TipRanks’ Stock Analysis page.
