Oxford Metrics is valued at just a little over its cash balance despite the firm returning to year-on-year revenue growth for the financial year ending 30 September 2025.
In a trading statement released on Wednesday, the smart sensing and software company said it expects revenue and adjusted EBIT to be in line with market forecasts of around £46.2m and £2.3m, respectively.
Oxford Metrics has around 10,000 clients across 70 countries.
The firm’s flagship Vicon motion capture division showed resilience despite US academic funding challenges, supported by stronger performance in other regions and markets.
Oxford Metrics’ smart manufacturing segment performed well. Both IVS and Sempre delivered robust organic and inorganic growth through improved management execution.
Notably for investors, the group closed the year with £37.0 million in cash – only just below its market cap of around £45 million. This was after £5.4 million in acquisition costs, £4.2 million in dividends, and £8.3 million allocated to share buybacks.
The company has very little debt.
“FY25 was a year of strong strategic progress for Oxford Metrics,” said Imogen O’Connor, CEO of Oxford Metrics.
“Continued innovation, including the launch of new products, further strengthens our position across diversified, high-value niches and aligned to market trends. With a healthy balance sheet and a clear strategic direction, we enter the new financial year well placed to pursue the exciting growth opportunities ahead.”