Member Info for Seeing-2020

Huge SM logo on the photo in this post

https://www.linkedin.com/posts/magna-international_forwardforall-activity-7453080660275068928-jGK_?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFWPBowBgsIl_F9HJ9vI35ZGRPnDTjYTtAY

This scary stat surprised me

"In a recent report, 53.4% of drivers involved in a crash

and treated for injuries tested positive for at least one

psychoactive substance, with alcohol and cannabis

being the most commonly detected6. This report further

highlights the problem of polydrug use, with 62% of

alcohol-positive cases also involving another substance."

Https://seeingmachines.com/news-and-insights/

Part 2 of Seeing Machines' Technical Paper Series – Intoxication explores how Driver Monitoring Systems (DMS) offer a real-time approach to assessing driver impairment by focusing on functional capability rather than chemical concentration thresholds, which have limitations especially with substances like cannabis.

Ceasefire should be good for equities, I would expect money starts moving back into the markets.

Also start of the new ISA season.

Oh, and for SM we have just ended Q3 which should prove a ramp in auto volumes.

Seeing,

16m cars in Europe

12.5m are SM customers (but of course they may be dual sourcing)

8m is expected units over 12 months, so 50% market share

Very good interview.

1). Auto

- short term, Q3 and Q4 = 3-4x Q3 volumes, so 1.7m to 2.3m per qtr. Wow. 8m per annum July 26 - July 27.

- mid-term 20-30m units per annum.

2) Profitability

- auto, see above

- Costs = done

- Gen3, H/W sales and recurring revenue increasing

3) Cash

- Q3 ends March, we get the cash June

- receivables financing helps smooth this

- option to increase financing along side increase in volumes

3) Refinance CN

- Feb we had meetings

- April process began

- complete before end June

- encouraged by the interest from lenders

- NO equity raise

4) gen3

- won't hit 6k in Q3

- strong increase in pipeline

- large new multinational customers

- trials and extended trials

- complex and time consuming negotiations around monitoring

5) Factory automation and robotics

- clear roadmap and connection to new verticals via partnership

- also mentioned AV players and key players who support AV players

6) Paul summary

- auto royalties, 3.5-4x Dec qtr in coming qtrs

- Increased volume of Gen3

- margin expansion and cost reductions

- Convertible Note "highly confident and no intention of equity raise"

Breaking is a duplicate account, filtered

Click filter and type in their name.

A few others o gave given the benefit of the doubt for now

I have blobbed Tony, isb and Rewind, they post nothing useful so what's the point reading their rubbish.

Tony, you have posted 17 times today on a share you aren't invested it, in case you have forgotten this is what you said the other day

"I like to sit on the sidelines and watch this kind of stuff, it interests me, why i have premium account for live data etc.

it also interests me the psychology of investing and what is said on bbs

Annualised Recurring Revenues ("ARR") increased to US$14.0m (30 June 2025: US$13.5m) as Guardian connections grew

Oh Sandy, funny and true

ISB, it's nothing like a fleet contract.

I repeat my original point, they provide no financial value for their auto design win.

SM provide the most transparent info, clear $$ value for design wins and quarterly "cars on the road" date, btw Mobileye current cars on the road with DMS is zero, if you know the Harman data please educate us as you seem to believe both are head of the industry leader

Isb, I was very clear in what I said "Mobileye havent provided any financial information"

My statement is factual, they mention millions of cars but is that per year, or over many years.

Imagine the moaning from the small traders on here if SM announced a design win without providing the financial value.

CB view from 7 months ago

On July 17, Mobileye published a blog post entitled: "Presenting the Mobileye Driver Monitoring System™, fusing road safety inside the cabin." Shown is a feature set broadly comparable to Seeing Machines/GM Super Cruise Gen.1 DMS (SoP 2017 in the CT6) and Smart Eye/BMW Gen.1 DMS (SoP 2018 in the X5).

The conclusion: Mobileye still has a long way to go, and the Euro NCAP - For Safer Cars, Vans & Trucks #DMS roadmap is not standing still.

Mobileye havent provided any financial information on their "expansion of am existing Adas contract". So no one on here knows the value of the contract and if its significant or not.

Do you want to put some specifics on this prediction?

"Car registrations are going to drop off a cliff so the KPIs aren't going to be anywhere near where the company have stated for the next 3 sets of kpi's"

The company issued a very comprehensive presentation last month which includes very transparent forecasts of auto numbers for the next few quarters. No other DMS company even issues quarterly KPIs.

It's not their job to reassure nervous and needy investors.

Read the presentation and decide if you want to be part of it or not

https://seeingmachines.com/wp-content/uploads/2026/02/H1-FY2026-Results-Presentation-FINAL-22-02-26-1.pdf

Interesting he mentioned "cobots"

Well, they can't sell SEE as they don't own SEE, currently.

However, its of course possible that Foxconn bring more focus on the areas that SEE can impact, I guess at the most basic level of maths if they buy 50% then in effect they own 10% of SM.