Seeing Machines Share Discussion Threads

[amt] 17/1/2019 08:45

Only 10 to 30 per vehicle. Is that annual rental or sale of hardware and software?
70m GP less costs of say 40m then only 30m profit. Pe of 20 then 800m valuation.
Broker fcast only 35m then still loosing money in 2020.
Not the opportunity I was hoping for given the need for more cash to be raised in the future. Are you sure the revenue is not going to be billions say ten years down the road.

[dthurgar] 17/1/2019 08:13

Ant, revenue per vehicle likely to be 10 to 30 a vehicle. Just in autos there are 70mill a year produced, 60% predicted to have DMS, see worst case 25% market share. So would say worst case 100m revenue at 70% margin. 70mil profit. This is only cars.

[seans66] 17/1/2019 07:55

I worked this out yesterday. Broker rev forecast for 2020 is £35m. Broker also believes it can achieve the same valuation as Mobileye which was 30 x rev. This comes to about a £ 1 billion - or 50p - by end of 2020.All estimates will be based on assumptions but one thing is clear it will be BIG!

[amt] 17/1/2019 07:31

What's the market opportunity here.
Let's say global annual sales 100m in 2025.60% with driver monitoring. 33% share to SEE currently 50%
So 20m vehicles.
100 quid per vehicle equals 2 billion in sales.
Any views on that kind of back of envelope calculation?
The 100 quid per vehicle might be much too low. Any ideas.

[tarrant777] 17/1/2019 00:02

All the optimism on this site is really encouraging-and then you flip over to the trades board and see many more sellers than buyers at prices around 50% of my in price, and suddenly all the optimism seems a bit mis-placed.Pity

[base7] 16/1/2019 23:32

It would be interesting to know the revenue & profitability of our monitoring division & its possible value

[thetrophyman] 16/1/2019 17:11

Great, I've messaged you on Twitter

[poombear] 16/1/2019 16:36

Wasn't expecting a maths masterclass.

[barriew] 16/1/2019 16:20

When you see the potential and then look at the share price, you only need a penny rise to get nearly a 25% return,

[seans66] 16/1/2019 16:10

Ok cool. If anyone is interested in joining the SEE twitter group, drop me a tweet at @paulpingles.

[thetrophyman] 16/1/2019 14:51

Yeah, go for it seans, I use Twitter mostly and perhaps a wider audience

[cliffpeat] 16/1/2019 14:16

Proactive interview:



@seeingmachines on Twitter

[alchemy] 16/1/2019 09:29

Revenue this year equals last . Thats quite a lot of accumulation time.

[amt] 16/1/2019 09:13

more than 60% of all light vehicles produced globally will include driver monitoring DMS by 2025. The Board expects to achieve a significant share of this market given the limited competition in DMS technology,
Says it all
If so billions of revenue by then.

[seans66] 16/1/2019 07:30

No there is no twitter group. I am happy start one if people are interested? 2019 is going to be a massive year for SEE so lots to talk about.

[rjcdc] 16/1/2019 07:24

Seems fine... Next year maybe the important one. Just a shame they can't get revenue up.., and How's the cash?

All good tho

[thetrophyman] 15/1/2019 23:49

Anyone aware of a twitter group?

[shallwe] 15/1/2019 15:54

I bet you wished you'd waited :(

[hazl] 15/1/2019 14:32

seeing machines' thrilled to be on the Avalon 2019 Innovation Awards shortlist for providing eye & face tracking sensor tech to @AusAirForce (RAAF) to better understand & improve pilot proficiency & training. Final awards presented at @Avalon_2019, 26 Feb-3 Mar #seeingmachines'

[poombear] 14/1/2019 15:01

Getting bullish for SEE again, another top up from me today.

[alchemy] 14/1/2019 10:57

No blue now, but no matter , it confirmed what we knew and wasn't pregnant with enormous economic consequence but previous announcements were! New model rollouts acoming.

[rjcdc] 14/1/2019 09:29

How the technology isn’t in all trucks, buses, planes and taxis, I do not know. How many lives will be saved when all those who drive for a living (and drive others for a living)are forced to remain focussed on the view ahead.

Massive potential.