Shares in Oxford Metrics (AIM:OMG) climbed 12% to 43.5p after the smart sensing and software specialist said it had returned to year-on-year revenue growth and expected profits to meet market forecasts.
The company, which supplies motion capture and measurement systems to the life sciences, entertainment, and manufacturing sectors, said adjusted earnings before interest and tax would be in line with expectations for the year to 30 September 2025.
Its motion capture arm, Vicon, delivered a solid performance despite weaker demand from US universities following changes to academic funding.
Stronger sales in other regions and sectors helped offset the shortfall. Meanwhile, the group’s smart manufacturing businesses, IVS and Sempre, both reported healthy organic and acquisition-led growth, driven by improved management and delivery execution.
Oxford Metrics ended the year with £37 million in cash after spending £5.4 million on acquisitions, £4.2 million on dividends and £8.3 million on share buybacks.
Chief executive Imogen O’Connor said the company had made “strong strategic progress” and entered the new financial year in a strong position to pursue further growth.