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IN BRIEF: Seeing Machines reports sales growth, narrower loss in 2020

Wed, 31st Mar 2021 12:00

Seeing Machines Ltd - Canberra-based driver-monitoring technology company - Revenue rises 15% in 2020 to AUD18.1 million from AUD15.8 million in 2019. Pretax loss narrows to AUD16.8 million from AUD24.9 million. Current trading in line with expectations, hardware sales seen accelerating this year, and margins expected to increase.

Current stock price: 9.49 pence, down 4.2% on Wednesday

Year-to-date change: up 37%

By Ivan Edwards; ivanedwards@alliancenews.com

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