REG - Oxford Metrics PLC - AGM Statement

Oxford MetricsAnnouncement

25/02/2026 07:00

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RNS Number : 2489U  Oxford Metrics PLC  25 February 2026

25 February 2026

 

Oxford Metrics plc

("Oxford Metrics" or the "Group")

 

AGM Statement

 

Oxford Metrics plc (LSE: OMG), the smart sensing and software company
servicing life sciences, entertainment, engineering and smart manufacturing
markets, issues the following trading update ahead of its Annual General
Meeting later today.

 

As announced on 16 December 2025, the Group has changed its accounting
reference date to 31 December. FY26 will cover the 15-month period ending 31
December 2026. This update provides details on the Group's trading since 1
October 2025.

 

Current Trading

The Group has seen solid trading momentum across both divisions and continues
to make progress against its strategic priorities, with encouraging
operational progress. Management remains focused on delivery and on improving
profitability as well as revenue growth.

 

Motion Capture

 

In Motion Capture, the Group's focus on the highest-return opportunities and
accelerating growth in emerging markets is progressing well, supported by
broadening technology adoption across new industry applications, the Group's
previous introduction of innovative, accessible product solutions and strong
brand leadership.

 

During the period, Vicon, the Motion Capture division trading brand, secured
two large Entertainment orders totalling £2.7 million from customers in
Eastern Europe and Japan, further stage extension orders in China and two
turnkey Life Sciences contracts in India. In the United States, the
opportunity pipeline and market activity is similar to the same period 12
months ago.

 

In Markerless technology, the pipeline has continued to grow in value and
customer interest remains strong across geographies, driven by its lower cost
of ownership, ease of use and versatile application potential. The Group's
focus is on improving conversion rates, supported by planned product updates
throughout the financial year that are intended to broaden use cases -
including into Life Sciences - and accelerate adoption, unlocking new
software-based, recurring revenue opportunities.

 

Smart Manufacturing

 

In Smart Manufacturing, the Group's focus on high-precision vision inspection,
metrology and automation for blue-chip manufacturers is reflected in the
business secured during the period as customers invest to enhance accuracy,
reduce waste, and accelerate production throughput.

 

The division delivered multiple metrology product orders for a leading UK
multinational engineering group and repeat business from a global food and
beverage supplier, and secured vision inspection systems for medical vials,
surgical blades, industrial laboratory diamonds, and advanced semiconductors.

 

As previously announced, Sempre and IVS will be unified from 1(st) March 2026
as Industrial Vision and Metrology Systems Limited (IVMS). This is intended to
strengthen execution, improve order-to-revenue conversion, increase efficiency
and synergies, and support margin improvement as the Group progresses this
division towards a more scalable, product-led model.

 

Outlook

 

The Group continues to evaluate M&A opportunities aligned with its
long-term strategy across both divisions, maintaining a disciplined approach.

 

The Board remains confident in delivering further progress through FY26,
supported by growing pipelines, planned Motion Capture product launches and
the benefits of unifying the Smart Manufacturing division.

 

As previously indicated, the Board expects to set out the Group's refined
strategy, including detail on capital allocation within the three-year
framework, within FY26 and will provide further detail in due course.

 

Imogen O'Connor, CEO of Oxford Metrics, commented:

 

"The financial year to date has seen solid trading in both our divisions,
alongside pleasing operational progress across the Group. In Motion Capture,
we are seeing good activity in the markets we are prioritising, and our focus
is on converting pipeline into revenue. In the United States, market
conditions are largely unchanged, and we continue to navigate this market
carefully. In Smart Manufacturing, we are securing business in the sectors we
have targeted. The formation of IVMS marks an important step in building a
more efficient, scalable operation, positioning the division well for the
future. Looking ahead, we remain focused on delivery and on building a more
predictable, profitable platform for growth, and look forward to updating
shareholders on our strategy for the next phase in FY26."

 

 

Contacts

 Oxford Metrics                                                          +44 (0)1865 261 860
 Imogen O'Connor, CEO
 Zoe Fox, CFO

 Panmure Liberum (NOMAD & Broker)                                        +44 (0)20 3100 2000
 James Sinclair-Ford / Rupert Dearden / Gaya Bhatt

 Alma Strategic Communications                                           +44 (0)20 3405 0205
 Hilary Buchanan / Rebecca Sanders-Hewett / David Ison / Kinvara Verdon  oxfordmetrics@almastrategic.com (mailto:oxfordmetrics@almastrategic.com)

 

 

About Oxford Metrics

 

Oxford Metrics (LSE:OMG) is a smart sensing and measurement technology Group
that serves thousands of customers in more than 70 countries. Founded in 1984,
we started our journey in healthcare, expanded into entertainment, winning an
OSCAR® and an Emmy®, moved into engineering and more recently, smart
manufacturing. We have a strong track record of creating value by incubating,
growing, and then augmenting through acquisition, unique technology
businesses.

 

The Group trades through two divisions; in motion capture its market-leading
company Vicon Motion Systems provides motion measurement analysis to thousands
of customers worldwide in healthcare, entertainment, and engineering markets.
In Smart Manufacturing, Industrial Vision Systems
(https://www.industrialvision.co.uk/) is a specialist in machine vision
software and technology for high precision, automated quality control systems
trusted by blue-chip, smart manufacturing companies in medical devices,
pharmaceuticals, and performance engineering. Sempre
(https://www.thesempregroup.com/) is a measurement specialist solving
manufacturing challenges across aerospace, automotive, medical device, and
precision engineering markets.

 

The Group is headquartered in Oxford with offices in the United Kingdom,
Ireland, United States and Germany.

 

For more information about Oxford Metrics, visit www.oxfordmetrics.com
(http://www.oxfordmetrics.com/) .

 

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