Oxford Metrics Earnings Call Transcripts
Fiscal Year 2026
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Revenue and profitability improved year-on-year, with gross margin rising to 66% and positive EPS. The group targets doubling revenue, 25% recurring revenue, and mid-teens EBIT margin by shifting Vicon to a platform model and IVMS to repeatable products, supported by organic growth, M&A, and operational efficiencies.
Fiscal Year 2025
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Revenue grew 8% year-over-year with adjusted EBIT up 29%, driven by strong order intake and expansion in Smart Manufacturing. Markerless technology and bolt-on M&A are set to drive future growth, while US market uncertainty remains a key risk.
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Revenue declined year-over-year due to a strong prior-year order book, but gross margins remained robust and cash generation improved. Markerless motion capture technology launched with positive feedback, and smart manufacturing expanded via acquisitions. Full-year EBIT expected in line with board expectations.
Fiscal Year 2024
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Revenue declined 6% year-over-year to £41.5m, with gross margin improving to nearly 67%. Strategic acquisitions expanded the smart manufacturing division, while cost savings and new product launches, including Markerless, position the group for growth in FY2025.
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Revenue grew 10.5% year-on-year to £23.5m, with strong cash reserves and over 90% full-year revenue visibility. Strategic investments in markerless tech and smart manufacturing, plus active M&A, support the five-year growth plan.