Oxford Metrics’ interim results show continued strong revenue growth and cash generation, leaving the group well placed to meet our full year expectations. Vicon was the star of the show in the period, with growth in traditional markets augmented by new applications such as Location Based Virtual Reality (LBVR). Yotta continues to win new clients and increase its addressable market, but sales lead times remain protracted, and we have adjusted the make-up of our forecasts to reflect this. The gro ....
11 Jun 2019
LBVR opportunity crystallising
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LBVR opportunity crystallising
Oxford Metrics PLC (OMG:LON) | 107 0.5 0.5% | Mkt Cap: 140.6m
- Published:
11 Jun 2019 -
Author:
Oliver Knott -
Pages:
3
Oxford Metrics’ interim results show continued strong revenue growth and cash generation, leaving the group well placed to meet our full year expectations. Vicon was the star of the show in the period, with growth in traditional markets augmented by new applications such as Location Based Virtual Reality (LBVR). Yotta continues to win new clients and increase its addressable market, but sales lead times remain protracted, and we have adjusted the make-up of our forecasts to reflect this. The gro ....