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
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 3 warning signs with Oxford Metrics (at least 1 which can’t be ignored), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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