REG - OMG PLC - Interim Results <Origin Href="QuoteRef">OMG1.L</Origin> - Part 2
17/05/2016 07:06
- Part 2: For the preceding part double click ID:nRSQ4018Ya
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Vicon UK 879 (1) 288 1,166 973 (30) 313 1,256 2,489 (76) 791 3,204
Vicon USA 1,383 - (905) 478 816 - (672) 144 2,769 (5) (1,796) 968
Vicon Group 2,262 (1) (617) 1,644 1,789 (30) (359) 1,400 5,258 (81) (1,005) 4,172
Yotta UK (439) - (92) (531) (247) (60) (155) (462) 560 (107) (424) 29
Yotta Mayrise 984 (212) (346) 426 744 (212) (150) 382 1,475 (424) (298) 753
Yotta Group 545 (212) (438) (105) 497 (272) (305) (80) 2,035 (531) (722) 782
OMG Life Group (798) (25) (139) (962) (1,732) (628) (352) (2,712) (2,497) (657) (238) (3,392)
Unallocated (1,157) (32) 1,194 5 (1,217) (88) 1,344 39 (2,404) (87) 2,308 (183)
Continuing operations 852 (270) - 582 (663) (1,018) 328 (1,353) 2,392 (1,356) 343 1,379
House of Moves - - - - (93) - - (93) (93) (175) - (268)
2d3 UK - - - - 60 (7) (198) (145) 2,693 (8) (208) 2,477
2d3 USA - - - - (1,005) (127) (130) (1,262) (3,819) 10,840 (135) 6,886
2d3 Group - - - - (945) (134) (328) (1,407) (1,126) 10,832 (343) 9,363
Discontinued operations - - - - (1,038) (134) (328) (1,500) (1,219) 10,657 (343) 9,095
OMG Group 852 (270) - 582 (1,701) (1,152) - (2,853) 1,173 9,301 - 10,474
Non-current assets Additions to non-current assets Carrying amount of segment assets Carrying amount of segment liabilities Segment depreciation and amortisation
Six months ended 31 March 2016 Six months ended 31 March 2015 Year ended 30 September 2015 (audited) Six months ended 31 March 2016 Six months ended 31 March 2015 Year ended 30 September 2015 (audited) Six months ended 31 March 2016 Six months ended 31 March 2015 Year ended 30 September 2015 (audited) Six months ended 31 March 2016 Six months ended 31 March 2015 Year ended 30 September 2015 (audited) Six months ended 31 March 2016 Six months ended 31 March 2015 Year ended 30 September 2015 (audited)
(unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (unaudited)
£'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000 £'000
Vicon UK 3,707 2,960 3,501 704 743 1,752 10,945 12,179 16,262 (3,424) (2,409) (3,229) 483 440 797
Vicon USA 806 1,190 885 1 8 330 5,147 4,211 4,772 (1,543) (1,032) (1,332) 7 13 84
Vicon Group 4,513 4,150 4,386 705 751 2,082 16,092 16,390 21,034 (4,967) (3,441) (4,561) 490 453 881
Yotta UK 4,218 4,489 4,288 181 245 458 9,321 11,172 9,076 (2,161) (1,892) (2,531) 250 319 611
Yotta Mayrise 4,031 4,361 4,197 54 6 66 11,226 9,834 10,967 (1,317) (1,603) (1,757) 224 226 448
Yotta Group 8,249 8,850 8,485 235 251 524 20,547 21,006 20,043 (3,478) (3,495) (4,288) 474 545 1,059
OMG Life Group 1,537 1,308 1,532 - 543 776 (4,074) (3,706) (3,864) (443) (468) (520) 4 461 893
Unallocated 291 504 2,091 34 24 32 1,943 (684) 2,498 (1,068) (414) (1,310) 14 11 21
Continuing operations 14,590 14,812 16,494 974 1,569 3,414 34,508 33,006 39,711 (9,956) (7,818) (10,679) 982 1,470 2,854
Yotta USA - - - - - - 29 28 28 (5) (5) (5) - - -
House of Moves - - - - - - - - - - - - - - -
2d3 UK - - - - - 23 - 297 - - (126) - - 3 3
2d3 USA - - - - - 18 - 5,231 - - (1,508) - - 244 255
2d3 Group - - - - - 41 - 5,528 - - (1,634) - - 247 258
Discontinued operations - - - - - 41 29 5,556 28 (5) (1,639) (5) - 247 258
OMG Group 14,590 14,812 16,494 974 1,569 3,455 34,537 38,562 39,739 (9,961) (9,457) (10,684) 982 1,717 3,112
3. Reconciliation of adjusted (loss)/profit before tax
Six months ended31 March2016 Six monthsended31 March2015 Yearended30 September2015
(unaudited) (unaudited) (audited)
£'000 £'000 £'000
Profit/(loss) before tax - continuing operations 582 (1,353) 1,379
Share based payments - equity settled 58 112 154
Amortisation of intangibles arising on acquisition 212 258 502
Compensation to contractor manufacturer and Autographer inventory write off - 540 540
Redundancy costs - 108 160
Reapportion Group overheads - (328) (343)
Adjusted profit/(loss) before tax - continuing operations 852 (663) 2,392
(Loss)/profit before tax - discontinued operations - (1,500) 9,095
Share based payments - equity settled - 15 16
Amortisation of intangibles arising on acquisition - 119 124
Profit on disposal of House of Moves and 2d3 Group - - (10,797)
Reapportion Group overheads - 328 343
Adjusted loss before tax - discontinued operations - (1,038) (1,219)
Total adjusted profit/(loss) before tax - all operations 852 (1,701) 1,173
Redundancy costs in the year ended 30 September 2015 relate to the
restructuring of the Vicon, Yotta and OMG Life business segments.
The compensation to contract manufacturer and Autographer inventory write off
relates to the cost of terminating the contract with our manufacturer in OMG
Life Limited.
4. Taxation
The Group's consolidated effective tax rate for the six months ended 31 March
2016 was 61.7% (for the six months ended 31 March 2015: 31.1%; for the year
ended 30 September 2015: 23.2%).
In accordance with IAS 34 the tax charge for the half year is calculated on
the basis of the estimated full year tax rate.
5. Loss per share
The calculation of the basic earnings per share is based on the earnings
attributable to ordinary shareholders divided by the weighted average number
of shares in issue during the period. The calculation of diluted earnings per
share is based on the basic earnings per share, adjusted to allow for the
issue of shares on the assumed conversion of all dilutive options.
31 March 2016 (unaudited) 31 March 2015 (unaudited) 30 September 2015 (audited)
Earnings/(loss) Weighted average number of shares Per share amount Earnings/(loss) Weighted average number of shares Per share amount Earnings/(loss) Weighted average number of shares Per share amount
£'000 '000 (pence) £'000 '000 (pence) £'000 '000 (pence)
Continuing operations
Basic earnings/(loss) per share
Earnings attributable to ordinary shareholders 223 119,511 0.19 (578) 113,357,814 (0.51) 1,235 114,626 1,08
Dilutive effect of employee share options - 2,473 (0.01) - - - - 2,789 (0.03)
Diluted earnings/(loss) per share 223 121,984 0.18 (578) 113,357,814 (0.51) 1,235 117,415 1.05
Discontinued operations
Basic earnings/(loss) per share
Earnings attributable to ordinary shareholders - - - (1,389) 113,357,814 (1.22) 6,807 114,626 5.94
Dilutive effect of employee share options - - - - - - - 2,789 (0.14)
Diluted earnings/(loss) per share - - - (1,389) 113,357,814 (1.22) 6,807 117,415 5.80
Total operations
Basic earnings/(loss) per share
Loss attributable to ordinary shareholders 223 119,511 0.19 (1,967) 113,357,814 (1.73) 8,042 114,626 7.02
Dilutive effect of employee share options - 2,473 (0.01) - - - - 2,789 (0.17)
Diluted earnings/(loss) per share 223 121,984 0.18 (1,967) 113,357,814 (1.73) 8,042 117,415 6.85
117,415
6.85
6. Share capital
31 March 31 March 30 September
2016 2015 2015
(unaudited) (unaudited) (audited)
£'000 £'000 £'000
Allotted, called up and fully paid
120,951,475 shares of 0.25p (31 March 2015: 113,357,814 shares of 0.25p and 30 September 2015: 117,434,799 shares of 0.25p) 302 283 294
During the six month period ended 31 March 2016 3,516,676 shares were issued
relating to share options that were exercised.
There were no shares issued in respect of share options exercised during the
six months ended 31 March 2015 (year ended 30 September 2015: 4,076,985).
7. Dividends
The following dividends were recognised as distributions to equity holders in
the period:
31 March 31 March 30 September
2016 2015 2015
(unaudited) (unaudited) (audited)
£'000 £'000 £'000
Final dividend for 2015 paid in 2016 - 0.65 pence per share 784 - -
Final dividend for 2014 paid in 2015 - 0.50 pence per share - 567 567
Special paid in 2016 (3.75 pence per share) 4,520 -
Special paid in 2015 (4.50 pence per share) - - 5,102
Special paid in 2015 (5.00 pence per share) - - 5,872
5,304 567 11,541
The final dividend for 2015 was paid to shareholders on 9 March 2016 at 0.65
pence per share, a total of £784,000.
8. Copies of the interim statement
Copies of the interim statement will be sent to shareholders. Further copies
will be available from the Company's registered office at 14 Minns Business
Park, West Way, Oxford OX2 0JB, and from the Company's website:
www.omgplc.com.
This information is provided by RNS
The company news service from the London Stock ExchangeRecent news on Oxford Metrics
See all newsREG - Oxford Metrics PLC - Transaction in Own Shares
AnnouncementREG - Oxford Metrics PLC - Transaction in Own Shares
AnnouncementREG - Oxford Metrics PLC - Transaction in Own Shares
AnnouncementREG - Oxford Metrics PLC - Notification of Transactions by a PDMR and a PCA
AnnouncementREG - Oxford Metrics PLC - Transaction in Own Shares
Announcement