IN BRIEF: Oxford Metrics annual profit drops as prepares new strategy

Oxford Metrics PLC - Oxford, England-based sensing and measurement technology - Pretax profit drops by 84% to £85,000 in the financial year that ended September 30 from £542,000 the year before. Revenue is up 8.0% to 44.8 million from £41.5 million, but cost of sales rises mostly in line with revenue. Sales, support and market costs increase, while finance income drops and finance expense rises. Oxford Metrics says it has made a ‘solid start’ to financial 2026, with trading in line with expectations and order intake up 21% on year. Now under a new chair, the company says it will present its new strategy, centred on scaling its core technologies, and three-year plan with its interim results. It also will move its year-end to December 31, starting with the current year, subject to approvals.

Oxford Metrics also says Non-Executive Chair Gary Bullard, together with associate Elaine Sullivan, buys 275,000 shares at 42.73 pence to 43.63p, worth £118,445, on Tuesday. Bullard joined the board in November.

Current stock price: 45.25 pence, up 6.5% in London midday Tuesday

12-month change: down 23%

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