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Microsaic Systems ( (GB:MET) ) has issued an update.
Metir plc has reported a significant increase in revenue for the first half of 2025, reaching £919k, a substantial rise from the previous year’s £111k. This growth is attributed to strong sales of Microtox® LX instruments, increased reagent sales, and revenue from the Qatar Continuous Toxicity Monitors project. The company has completed a strategic reset, rebranded, and launched new products, including SRB kits and Microtox® FX units, while advancing its PFAS mobile testing platform and Pathogen Detector. These developments position Metir at the forefront of the water testing industry, with a focus on accelerating sales growth, improving gross margins, and expanding its market presence, particularly in the Middle East.
More about Microsaic Systems
Metir plc is a leading global provider of fast response, including mobile and point-of-use water and environmental testing technology. The company operates through its two divisions, Modern Water and Microsaic Systems, offering innovative solutions that deliver rapid and accurate water quality results. Metir’s technology supports critical decision-making in sectors such as environmental monitoring, public health, and industrial process management, serving customers worldwide from its headquarters in York, UK.
Average Trading Volume: 2,122,966
Technical Sentiment Signal: Hold
Current Market Cap: £3.56M
See more insights into MET stock on TipRanks’ Stock Analysis page.