Oxford Metrics (GB:OMG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Oxford Metrics reported a 6% drop in revenue to £41.5 million for the financial year ending September 2024, attributed to delayed purchase decisions and a slowdown in the global games industry. Despite the decline, the company is optimistic, having expanded into smart manufacturing with acquisitions and gearing up to commercialize its markerless technology. With a strong balance sheet and strategic focus on cost efficiency and high-impact areas, Oxford Metrics is positioning itself for growth in FY25.
For further insights into GB:OMG stock, check out TipRanks’ Stock Analysis page.
