Seeing Machines Share Discussion Threads

[amt] 26/2/2025 08:08:50

Importantly, as the EU's General Safety Regulation (GSR) introduces the requirement for Advanced Driver Distraction Warning (ADDW) in July 2026 for all new cars, vans, trucks and buses, this will generate increased adoption, and therefore the Company's expectations for production volumes and associated high-margin royalty revenue in 2026 remain largely unchanged.

[amt] 26/2/2025 07:56:47

Directors bought because bad news already is in the share price although I expect a bit if a drop first thing.

[amt] 26/2/2025 07:54:56

Cash buffer of about usd 20m in worst case scenario if breakeven later this calander year.

[amt] 26/2/2025 07:48:42

Turnover set to more than double on an annualised basis by end of year to achieve break even. I reckon they need usd 120m for that to occur. So should see spectacular growth ahead I would have thought. We knew that the end of 2024 was going to be bad and it was.

[base7] 26/2/2025 07:39:20

Poor RNS & & with view to consistent Director buying I presume they were unaware of the KPIs!

[mallorca 9] 26/2/2025 07:24:47

Given this mornings figures and continuing losses, this looks to be highly overvalued.

[bones698] 26/2/2025 07:22:25

Tried to put a positive spin on a pretty poor set of results there . Revenues flat lining only positive was cost savings . Still heavily loss making .

[base7] 25/2/2025 09:06:39

Paul has stated that the market has changed,timescales have shifted & that OEMs have been cautious but the partnerships/collaborations we have in place in addition to the minimum contract values won should ensure that we do win our fair share of The Market & as regulation will be kicking in from mid 2026 we are likely to see a substantial increase in revenues over the next 12-18 months & will hopefully achieve cash flow break even later this year.Our deal with Mits will hopefully result in exponential growth in Fleet & we await our first meaningful Aviation contract which should also be later this year.
I invested far too early ,as most of us did but we are now surely on the cusp of the long awaited breakthrough.

[amt] 25/2/2025 08:43:50

Good point

[boonboon] 25/2/2025 08:40:18

Contracts aren't spread evenly across their length.So $70m over 7 years won't work out at $10m each year. It will go up slowly and wind down as wellSo might be something like $5, $7.50, $12.5, $15, $15, $10, $5We know that the majority of the current wins will really start to kick on from July next year.

[nvhltd] 25/2/2025 07:23:46

Not my numbers. I found you at least one reference to the market size according to Paul by 2025. Watch the presentation. When did SEE announce in the past 2 years that the market size for DMS had reduced for SEE because the business model had changed to software?

There's no point SEE banging on about tye size of the DMS market as a whole if they are never going to give guidance what our piece of the pie is worth.

[amt] 25/2/2025 06:42:25

Nvh thanks for all the info and I take your numbers as genuine however you forget that the business model has changed to licensing and royalties. The numbers you are quoting are the full value of the DMS product. That would be over one hundred dollars but now we are looking at about 10 usd per car installation. The good thing is that's profit.
I have a completely different view from you and think that See are going to do very well and we will see that in the numbers.
If I had your view I wouldn't be interested except perhaps having a sense of anger from my losses.

[nvhltd] 24/2/2025 21:11:11

Suggest you watch the US capital markets event from 2 years ago.

Paul states that orders awarded at that point was circa $700 million. He states that is shared 50 / 50 with our next competitor.

He states that the value of the market should double for at least a couple of years.

So the values of DMS business awarded at March 2023 is €700 million.

To March 2024 the market should be $1.4 billion.

By March 2025 the market should be $2.8 billion,

These figures need to be divided by 7 years for the annual market revenue and divided by what See consider to be our share.

So if his predictions had come true the market size by now would bb circa $2.8 billion. Divided that by 7 to give the annual DMS market revenue of $400 million and 50% of that would be our share - $200 million per annum.

So if Paul had hit the figures he was spouting at that event exactly 2 years ago our DMS revenue today would be $200 million.

The reality is the market value has stagnated for 2 years and particularly for See.

May I suggest you watch the US capital markets event and listen to what is said.

[nvhltd] 24/2/2025 20:13:10

Just in the presentation to US investors in 2023, where again they banged on about the inflection point, they put a slide up stating that the TAM across the 3 verticals was $14Billion. Two years later and we're still waiting for the inflection point.

[amt] 24/2/2025 11:08:45

My recent record has not been good so on the Law of probability I hope this will come good. Its market cap is 160m so its not going to be a one hundred bagger but hopefully a few multiples of where we are now eventually

[theapiarist] 24/2/2025 10:53:08

Could you post a link to that DT article please, amt.

Edit

Sorry, have just seen it !

[amt] 24/2/2025 09:58:53

Never have See told us we are in the second billion dollar ( royalty) phase. You just make it up as you go along.
If you think I am wrong about that then please send me a link to that statement.

[amt] 24/2/2025 08:31:08

I am fully loaded now.
VW sell 4m vehicles per annum so that's 40m in revenue eventually.
I expect exponential growth in the second half, break even before becoming highly profitable next year.
Great start to the year from the business. Let's hope the share price catches up with events and starts to look forward.

[base7] 24/2/2025 07:38:09

Hopefully the beginning of positive news flow & the first of several agreements with Mitsubishi giving a strong rationale for their substantial investment & taking 20%

[skinny] 24/2/2025 07:05:45

Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces that Mitsubishi Electric Automotive America, Inc. ("MEAA") has signed a Referral Agreement ("Agreement") with the Company that will allow Seeing Machines to leverage MEAA's significant Aftermarket distribution network and customer base across The Americas. Following Mitsubishi Electric Mobility Corporations's ("MELMB") recent strategic investment into Seeing Machines, this Agreement will help to accelerate sales of the Company's Guardian Generation 3 AI-powered driver monitoring solution, the latest generation of driver safety technology recently launched globally.

MEAA, a US affilitate company of MELMB, is a recognised leader in the manufacture, marketing and sales of electrical and electronic equipment targeting a range of industries including transport. With an enviable customer base and expertise across the commercial vehicles segment, MEAA is extremely well positioned to support Seeing Machines as it penetrates the large telematics and connected vehicle market in The Americas with its industry leading driver safety solution, Guardian Generation 3.

The Referral Agreement will facilitate the joint pursuit of business where MEAA has existing commercial relationships across its transport and logistics segment in the region. With access to operators covering over 1,000,000 individual vehicles, the opportunity is significant and MEAA has already seen strong initial interest in the potential of Guardian Generation 3 to enhance safety across these fleets.

In the immediate term, Seeing Machines will leverage its US based sales force to support MEAA's efforts across The Americas and, as opportunities progress, will be provided qualified leads that they will finalise directly. Leveraging MEAA's deep relationships across the segment, this highly complementary collaboration aims to signfiicantly reduce the traditionally long sales lead times associated with the sale of a highly technical product such as Guardian.

[amt] 18/2/2025 10:00:44

So will you be there to make your points in person or hiding on a bb