Oxford Metrics Share Discussion Threads

[babbler] 01/11/2023 07:42

Very nice...

[crazycoops] 25/10/2023 17:36

Why is earning interest below inflation a problem? They are not a consumer. That cash pile is earmarked for acquisitions which are likely to be cheaper in current market conditions.

[mr macgregor] 25/10/2023 14:44

This doesn't add up. The headline looks promising - beaten expectations. When you look closer it becomes clear that expectations were for a very weak performance and what they achieved was a weak performance. As has been pointed out, H2 revenue beat H1 but adjusted PBT declined from 4.1m to 2.2m. Also the cash conversion in H2 was rubbish given the inventory and trade receivables they had at H1 end. Nice cash pile but that will be earning interest below inflation.

[johndoe23] 25/10/2023 14:26

Someone's dumping 10k incessantly

[doobz] 25/10/2023 11:27

True, I probably should have waited. Seen a few releases like this ending the day down after all. Market makes little sense these days

[nakedmolerat] 25/10/2023 11:21

an advantage for me to top up with some more

[johndoe23] 25/10/2023 11:14

Clearly seller taking advantage of rise this morning. Pfft

[nakedmolerat] 25/10/2023 10:50

remember there still is a seller and those who will jump off on a early rise

this morning just reinforces what a solid business this is with plenty of cash to invest in more solid businesses, whilst lots of companies are reporting each day inline and profit warnings, why would you bother with them?

[doobz] 25/10/2023 10:16

Bought a load this morn all showing as sells

[johndoe23] 25/10/2023 09:50

8% rise is a bit disappointing even in this market

[boraki] 25/10/2023 09:46

Yes, that is true.

Lets hope the market catches up soon with this share

[spooky] 25/10/2023 09:10

Not sure these numbers were ever in doubt, its all about the orderbook and outlook. Details were very limited on both fronts. Having said that the shares are unequivocally cheap IMO.

[eezymunny] 25/10/2023 08:09

H1 pbt 4.1m, H2 pbt 2.3m (on higher revenue). Bit hard to work out what's going on.

Hard not to like the company's products and prospects. Shareholders should prey they can't find any acquisitions and return the cash pile IMO. Unless they find a good one at a good price of course - but that's very hard.

[babbler] 25/10/2023 08:01

Yes hopefully clear the dregs of the damn seller today then boom.

[nchanning] 25/10/2023 07:56

Grown from fy22 29 million revenue , 2.3 PBT to 44 million and 6.3 PBT . Surely a premium valuation deserved here

[peddlers] 25/10/2023 07:53

Oxford Metrics (LSE: OMG), the smart sensing software company, servicing life sciences, entertainment and engineering markets, today provides the following update on trading for the financial year ended 30 September 2023.

The Group expects to report revenues of GBP44.0m and an Adjusted PBT* of GBP6.3m, both ahead of current market expectations* for the financial year. The Group finished the year with a robust cash position of GBP64.8m and no debt.

Following the Group's strongest-ever first half performance, momentum continued into the second half driven by a particularly strong contribution from the Engineering and Life Sciences segments. Vicon continues to see ongoing demand for smart sensing into yet more applications from new and existing customers alike and the new Vicon Valkyrie system launched late last year continues to stimulate demand.

The Group as a whole remains in a strong financial position which enables the business to pursue its organic growth and M&A objectives in the year ahead.

The Group starts a new financial year with a solid order book. More detail will be provided when Oxford Metrics announces its Preliminary Results for the financial year ended 30 September 2023 which is expected on Tuesday, 5 December 2023.

*Oxford Metrics' compiled market consensus as at 24 October 2023 is as follows: FY23 Revenue GBP39.00m / FY Adjusted PBT GBP5.83m

[babbler] 25/10/2023 07:32

Lovely....

[johndoe23] 25/10/2023 07:31

EV of 45M PBT 6.3M. At least 40-50% upside from here

[nchanning] 25/10/2023 07:23

Well done to all who stayed long here . In a decent market we'd be back up to all time highs now ....

[johndoe23] 25/10/2023 07:12

Decent update, all seems well

[peddlers] 23/10/2023 12:24

I have added some more on the basis that it is oversold.

[johndoe23] 20/10/2023 09:36

My guess is update next Thursday. So no need to buy until 1629 Wednesday 0-)