Business
AGM Statement
Oxford Metrics plc reported solid trading momentum across both its divisions, with encouraging operational progress and a focus on improving profitability and revenue growth. The Motion Capture division secured two large Entertainment orders totalling £2.7 million from Eastern Europe and Japan, alongside further stage extension orders in China and two Life Sciences contracts in India. The Smart Manufacturing division delivered metrology product orders for a UK multinational engineering group and repeat business from a global food and beverage supplier, as well as vision inspection systems for various medical and industrial applications. The company is unifying Sempre and IVS into Industrial Vision and Metrology Systems Limited (IVMS) from March 1, 2026, to enhance execution and efficiency. The Board remains confident in delivering further progress through FY26, supported by growing pipelines, planned product launches, and the benefits of the Smart Manufacturing division unification. Disclaimer*
About this update from Oxford Metrics Plc
[{"type":"text","content":"\n\n25 February 2026\n \nOxford Metrics plc\n(\"Oxford Metrics\" or the \"Group\")\n \nAGM Statement\n \nOxford 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.\n \nAs 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.\n \nCurrent Trading\n 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.\n \nMotion Capture\n \nIn 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.\n \nDuring 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. \n \nIn 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.\n \nSmart Manufacturing\n \nIn 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 pe...