Oxford Metrics (OMG) Trading update summary

Trading performance and outlook

• H1 revenue and adjusted PBT are expected to be in line with management expectations, with revenue anticipated to be second half weighted.

• Both divisions maintained momentum, with Vicon securing new contracts and launching markerless motion capture technology.

• Smart manufacturing division expanded with new contract wins and the appointment of Dr Simon Gunter as managing director.

• Current US tariff policy is not expected to materially impact performance, though macro-economic factors are being monitored.

• Net cash position stands at approximately £41 million, supporting organic growth and M&A opportunities.

Capital allocation and share buyback

• 6,377,801 ordinary shares were purchased at a total cost of around £3.6 million during H1.

Board and management changes

• Cathy Robertson has retired as Executive Director and will remain until 23 May to ensure a smooth transition of Company Secretary responsibilities.