Oxford Metrics released a brief AGM statement yesterday afternoon highlighting a positive start to the new financial year. Based on trading performance to date, management see traction as consistent with achieving FY’19 market expectations. In line with previous years, the group’s revenues are expected to be second half weighted, yet we are encouraged by management comments regarding strong pipelines building across the business. Management remain on track to deliver on its strategic goals of doubling profits and tripling recurring revenues by FY’21. We make no changes to forecasts, and expect group revenue growth of >10% y/y (constant currency) to continue through FY’19.