Oxford Metrics First Half 2024 Earnings: EPS: UK£0.021 (vs UK£0.026 in 1H 2023)

Oxford Metrics (LON:OMG) First Half 2024 Results

Key Financial Results

• Revenue: UK£23.5m (up 11% from 1H 2023).
• Net income: UK£2.79m (down 17% from 1H 2023).
• Profit margin: 12% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.021 (down from UK£0.026 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Oxford Metrics Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 12% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Oxford Metrics (1 doesn't sit too well with us!) that you need to be mindful of.

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