Member Info for Matml74

Gentex own their own dms. Why would they work with SEYE?

• £6b exodus of capital from aim since 2022!

• inflation to double figures and interest rates over the same period.

• war in ukraine over same period

• war in middle east

the aim market is dead. smart money moved to gold and bonds. rather simple really.

but as someone stated the other day there are investors here that bought in the lows of covid and can see the progress the company has made. there are those that don’t take for their investment decisions and make themselves feel better by ****ging off the company.

Really is little point trying to work out what car models SEE are in. The company clearly state their programs are expanding so no-one knows exactly when a model within a program in production gets fitted with dms. Automakers model production programs vary from quarter to quarter, from facility to facility and year to year.

But no matter what the resident trolls try and tell you these are the facts……

- Two additional OEM program awards increased the total Automotive cumulative initial lifetime value of all programs won to date to US$392m (FY2023: US$321m), with the majority of said revenue expected by FY2028

- Seeing Machines has now been appointed to deliver 18 expanding programs for 11 individual OEM customers

- Total of 2,211,422 cars on the road as of 30 June 2024 across 7 automotive programs, an increase of 104% from 12 months ago (Q4 FY2023: 1,086,176).

So over the next 3 and a half years SEE will bank approximately $300m in high margin auto royalties (we have been told 90% so approx $270m). A further 11 programs to reach SOP between now and 2026!

The fact is very few AIM companies get to a position like this. No more dilution required. The rfq’s, aviation and fleet are all just cream on top of an underlying auto business that has secured the future and profitability of the company.

Looking forward to more detail from the company next week.

Spread has been up to 10% at times over the last few weeks.

Its all just background noise until a significant increase in volume moves the SP in a meaningful way.

Maybe it’s taking ages to add up all the royalties coming in.

2021 was end of November so this could be considered early.

SEE have a habit of announcing news around results. Make sure you aren’t short at that point!

It was 62000 monitored units so they are connected.

There was an update in March on the aviation progress and the product is still 12 months away.

Collins paid SEE $10m plus NRE for product development so I expect SEE is utilising very little cash to get that product to market. It will be Collins that are doing the selling similar to the Magna mirror.

Here he is. The troll finally can’t help himself and comes out of his hole.

Yes Colin started the rumour Jesper!

😂😂 was thinking the same thing, or that fella Jesper doing some extra research to rebuke PM’s statement this morning.

The Magna win is SEE. Notice the similarities….

“ Seeing Machines' production debut of its highest volume program to date with an initial lifetime value of US$82m, featuring interior cabin sensing (driver and occupant monitoring system technology) via a single camera system, a world-first, delivered for a large German OEM, has launched to schedule.”

😂

Avacta generate equity in Affyxell by producing Affirmer proteins against targets. The last protein generated 6% equity. Why would they use cash instead of IP?

Glad you are just a keyboard warrior and not in any kind of real job.

That data was presented at AACR. Generally for a abstract/poster to be accepted for a conference would require new data than that previously published.

I go through the SEE results presentation’s regularly and there is no detailed breakdown of revenue (apart from contribution from the 3 vertices) and this was for FY23 not FY24….. There is certainly no detail on forecasted revenue. Annual revenue forecast has always just been a number and not how the company gets to that number within each vertical.

Martín I’ve has set out a breakdown of revenue mix for FY26 compared with FY23 to show the importance of the incoming auto royalties. He also set out a number of minimum $125m in revenue in FY26.

Proactive have not misled….. but it obviously has caused a shareholder like you some angst! Most shareholders are ecstatic when a positive article comes out about a company they are invested in!! You appear to be the opposite. Rather strange IMO.

SEE hit their revenue forecast for FY24.

Simple stuff!

" which was not included in the original forecasts."

You know this how? Where has SEE ever broken down their revenue forecast?

You know the answer..... they have never done this so you have no idea if this was included in any forecast revenue..

GSR in Europe for fleet vehicles is now in play and it is up to the company to establish themselves as a significant player in this market. Lets see how Gen 3 plays out.

Any significant growth in fleet is cream on what is coming with auto!

Oh and there is a total limit of shares that can be issued so cannot be converted at below 11p.

share please,

your research is ****. the 17.5m was an exclusive licence fee and that licence ends next year.

the note can only be converted to shares.

don’t post if you have no idea what you are talking about.

Jolly,

It is highly unlikely but even if it were the case you need to research the minimum current contracted royalty volumes coming in FY26 and FY27.

With the loan note not due until August 2026 SEE will have adequate cash reserves to cover the note based on cash generated from auto alone.

There is also the need for Magna to maintain its exclusivity with a licence payment due next year. Magna have already stated version 2 of the mirror is in the development process.

So worst case they pay cash (unlikely) and the SEE elect to pay the interest in equity.

Sale of all G2 stock perhaps as stated in last KPI's.

😂😂😂

This just keeps getting better.

Yep those telegram shareholders have influenced all those Institutions to sell their holdings down. Terrible that. When was the last institutional sale?

Oh and they nearly put off Magna investing $47m into the company. Luckily though Magna didn’t listen to them!

I really love how the SEYE holders have come out all guns blazing since those pathetic results this week. Keep it coming 😂

😂😂😂😂

You can’t be serious. Redeye analyst is possibly the first analyst on the planet to have had to downgrade after (and often before) every single SEYE update.

Anyone who has investigated the dms market seriously knows he has little understanding of what he is talking about and his sole role is to dig at SEE for Martin.