Member Info for 4theLongterm

Sorry having a bad day, I of course meant interim results.

Apologies I did miss that the £2.1m raise was after the year end so not within the June reported cash position. Therefore at current cash burn they have c.17 mths rather than the 9 mths mentioned.

The user numbers / retention is disappointing. Lets hope that the new marketing approach and product enhancements happen soon enough & are sufficiently effective to reduce the cash burn which as mentioned previously is currently looking to run out around April 26.

As a LTH there have been some major ups and downs over the last 15 odd years, but it now feels like the business is finally in a position to grow to its potential. The recent presentation of the results has given me much more confidence that breakeven will be delivered this year and the business will finally start returning a profit.

What a week for the SP so far, lets hope it continues and is supported by some positive news of KPIs on the new platform or even better perhaps rumours of a bid from a big player.

I think that the turnaround is finally happening, the new CEO seems to have a clear strategy and also the energy to deliver. The cost cutting seems to be delivering genuine savings rather than moving figures around on a spreadsheet and should result in positive FCF in 2025. I don't mind if revenue drops marginally or remains static in the short term if the margin gains are achieved via the cost reductions. Overall it may finally be a good time to invest more in what has been a frustratingly long turnaround story.

It has been very quiet since they launched the new product, I would have expected some updates with KPIs but hope that we will find out at the AGM next week that progress has been rapid...

Closing date for any offers 5pm tomorrow. What a shame that they couldn't get this over the line under the existing company structure, plenty of questions regarding company management but at the end of the day a potentially great opportunity missed. As an investor I was sold on the concept and the future benefits to patients as well as the financial potential, but that is now over. Good luck to anyone picking up the assets / IP.

It is worth noting that these were bought at market rate under the employee share scheme, the advantage is the tax relief. These are not free shares granted by the business.

I hope that this update will kick start the SP back to high teens / low 20s and provide renewed energy. I expect that there will be plenty of stuff around strategic direction / partnering / growth etc. For me the key will be an update on the financials, in particular progress on the cost saving targets and the timing of the move back to positive FCF. I am less concerned if the revenue stagnates a little this year as the business primary focus must be on delivering positive FCF. Once they achieve this there will be capacity to invest and grow.

I have increased my holding following todays announcement and have a personal 6 month price target of 9p.

"Seeing Machines has now been appointed to deliver 18 expanding programs for 11 individual OEM customers, building the cumulative initial lifetime value of all ongoing Automotive programs to US$392m, with most of that revenue expected between now and 2028."

That's circa $70m to $80m revenue annually for the next 5 years based on "initial" values for automotive alone. A three fold increase on the last financial year end results surely ensuring breakeven in 2024/25 and removing the risk of any cash raise.

It can only be positive that they are proactively managing their cost base and therefore cash position during this key in their development. Looking forward to some KPIs on the new product e.g. total users, profile of adopters etc

Expecting / hoping for a positive RNS released next week ahead of the Interims to kick start the SP. It feels like it is now or never given the supportive regulatory changes and market awareness of DMS.

I also topped up this morning, with the recent additional funds and the new product still on schedule to launch in Q1 (just) I am positive on this shares outlook.

Any one have a view on what is driving the drop today, are there any rumours of a delay in the release date beyond Q1?

So many pump and dump merchants out there, please everyone do your own research and make your investment judgements based on the available facts not the nonsense being posted by a select few.

Is this rise being driven by some knowledge that the cash has been finally paid? RNS on its way?

With all hopes pinned on the new offering it is good to know that it remains on track for delivery by the end of Q1.

Overall I am positive about the performance so far this week, SEE have as planned launched Gen 3 and have followed this up with confirmation of some initial orders.

There is always room for improvement but to me hitting the deadline and announcing firm orders is excellent news with my expectation being that further orders will be announced following this weeks demos in Vegas.