Member Info for Escovido

Let's face it, you know it's a dog if they have to pump it around the forums to get an exit price.

Yes, personally I think 'excitement' is more accurate than 'hype' and it's been missing a long time.

Regards profit. If we can reach run-rate BE in December, it's the last month of H1 FY 26 so that period will still show a loss. It will be interesting to see if the cash generated in H2 FY 26 is sufficient to swing the full year into profit. My money is on 'YES it will'.

Fair play to you SIB. If I was interested in diversifying, i'd go with Tobii rather than SEYE but I still feel that SM is the most solid bet of the three largely due to Tobii's lack of finance.

Yes, I hope one of the accountants that lurk here will correct me if I'm wrong but I think BE can only happen at the end of an accounting period. Likely the one after cash run rate eq. IF the eq happened early enough in the period

But breakeven is farther away than achieving parity on cash run rate, no?

For transparency, I copied a TLS post from Tele but I remembered this RNS due to the circs. which led them to go exclusive.

Nearly 17% now. I think the Swedes are reading a different report to us! (Expensive) Debt financed for next 6 months and that's it!

Gosh Sieze. That's it. It's Ford. We go t the extension and now they are making the cars. What's to RNS that is not done already? This is when they ditched dual-sourcing with SEYE and went SEE exclusive.

This is probably one that PM referred to as being late to SOP, expected for last KPIs but not launched till now. It's covered by this:

Magna as T1, using Fovio.

1 May 2024

Automotive program extension to 2032 with existing North American Tier 1 and OEM, start of production this calendar year

Initial estimated incremental lifetime value of US$26m

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces a significant generational program extension with an existing North American Tier-1 customer and OEM.

The initial program, already in production, will expand to a total of 19 distinct vehicle models being sold in North America, Europe and China, and extend through 2032 based on the OEM's next generation Driver Monitoring System (DMS) solution utilising Seeing Machines' improved FOVIO Chip design delivering increased feature capability with reduced cost, power and size.

This award extends to all of the OEM's European vehicle models in support of fast approaching Euro NCAP (New Car Assessment Program) and European GSR (General Safety Regulation) requirements and is scheduled to start production before the end of 2024 with an initial estimated incremental lifetime value of US$26m.

Nick DiFiore, SVP and GM of Automotive at Seeing Machines, commented: "I am delighted to be extending an important incumbency with this generational program extension, which benefits from our evolving FOVIO Chip technology supporting our Tier 1 and OEM customer's long-term needs related to safe semi-automated driving, driver safety regulation, and enhanced convenience features. Seeing Machines' commitment is firmly focused on building customer confidence by getting programs successfully to production and this new award demonstrates the confidence our customers have in our ability to do just that."

SEYE won Ford but they use Seeing Machines now so what's your point?

OK they qualify then though I have never heard them mentioned in regard to SEE. I've only ever seem Walmart in US. Big gun sellers.

Multinational?

Traders get a mention:

https://www.safestocks.co.uk/

Bang to rights! I don't mind anyone trading. I DO mind when they lie and make up numbers to try to scare PI's out of holding.

It makes a nice change from you just making stuff up eh?

It's clear which way this is going. Why don't you stop trying to be clever, buy back in and hold?

Excellent post Horzabora.

Do they have an incumbent DMS supplier?

One decent G3 contract and that's sorted. If the orange one can avoid tariffing the US to its knees, that will help with auto but we have VW ramping up and also in China from now on. We have others at SOP end last Q start of this so I think it's all do-able.

You and Cold Fish need to paddle harder. It's turning upwards since you started this mornings' de-ramp.

Amazon have established that our solution works better in their trials and if you can prevent more accidents, why wouldn't you?