Oxford Metrics Share Discussion Threads

[eezymunny] 25/10/2023 07:09

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 07:01

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

[nchanning] 25/10/2023 06:56

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 06:53

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 06:32

Lovely....

[johndoe23] 25/10/2023 06:31

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

[nchanning] 25/10/2023 06:23

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 06:12

Decent update, all seems well

[peddlers] 23/10/2023 11:24

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

[johndoe23] 20/10/2023 08:36

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

[nakedmolerat] 20/10/2023 07:59

based on previous RNS, all was positive and moving forward with a good order book

support around the 80p level

[babbler] 18/10/2023 08:46

Actually it was the research note that said it and just October so anytime really. Should bounce once out.

[babbler] 18/10/2023 08:44

They just said late October so... probably next week

[johndoe23] 18/10/2023 08:08

What makes you think this week? I thought was next week...

[scepticalinvestor] 18/10/2023 07:07

Ok tmrw then lol

[johndoe23] 18/10/2023 06:08

No trading update

[scepticalinvestor] 17/10/2023 15:33

For the ignorant here, the TU is tmrw.

[scepticalinvestor] 17/10/2023 14:59

Well have 30,000 of these at around 80p - bring on tmrw

[hatfullofsky] 15/10/2023 12:06

Some big volume days leading up to an update. Somebody knows something. I know nothing :-)

[catabrit] 13/10/2023 15:10

Just adding a meaningless comment to keep tabs on the thread as I think this is beginning to look ballpark interesting considering the net cash position and EV to FCF yield.

[babbler] 13/10/2023 10:47

Looking very good now.

[nakedmolerat] 13/10/2023 10:23

some big buyers this morning

[scepticalinvestor] 12/10/2023 17:35

Yes - looks as though we will see the 70s

[johndoe23] 12/10/2023 11:08

Still huge sell order in auction