Member Info for Seeing-2020

Soulboy, this is the relevant comparison to the Mobileye 2014 IPO at $5bn, very realistic IMO and they didn't have regulatory tailwinds

https://www.israel21c.org/mobileye-largest-israeli-ipo-in-us-history/

"Revenue last year was a reported $81.2 million, more than double its revenue in 2012."

Soulboy, that's not the comparision I mentioned.

What was the Mobilieye revenue in 2013?, ie the year before their $5bn IPO

I agree with CFP, 20p is a joke and the Board wouldn't even put such a low offer to shareholders.

Mobileye issued a IPO prospectus over the last few days to support their $30bn+ IPO, its worth a read, but I am not going to ramp so the better comparison is their 2014 IPO at $5bn, SM win on most metrics.

So I always come back to 100p ($5bn) by 2020, one of them might be wrong

I am looking forward to Fridays townhall with Paul and Naomi, its a big effort for them to come over and I have always found these sessions with the leadership team informing, my aim on the day is to learn something new and gauge the positivity from Paul and Naomi.

It will be great to meet up with some of the longterm investors again and maybe a few new ones also, if you want to say hello I will be wearing a "leading European car manufacturer" t-shirt.

So much to be positive about, all that good news we expect hasn't landed yet to its all to come.

Fleet (my favourite division)
- love to hear more about 'after manufacture', how big is the market, how does monitoring work?
- enterprise customers
- Gen3 launch
- can we meet the demand coming in the run up to 2024

Auto
- how does QC relationship work, do we have a design win with QC or a Tier One
- update on cars on the road
- update on Pipeline

Aviation
- CAE relationship
- Collins

Personally I like Paul's direct and honest style, ok he doesn't always get the timing spot on but jeez that's not in his control, I know how that feels I am Seeing 2020 after all.

So more of the same for me please, tell us what you think will happen and we are all big enough to know you are just expressing an opinion, but I for one are thankful for said opinion.

Hope to see many of you on Friday

Sensible comments from Chris Menon

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

If data is the new Gold.

Mobileye
"Mobileye notes ~800 vehcles incorporate its EyeQ system, with over 8.6 billion miles of road data collected"

Seeing Machines
10,459,758,648 Kilometers

So translate the SM data to miles and Mobileye is a couple of billion ahead

Compare the valuations and you get a much larger gap

The company recorded net losses of $75 million, $196 million, and $328 million in 2021, 2020, and 2019, respectively. They recorded net losses of $67 million and net income of $4 million in the six months ended July 2, 2022 and June 26, 2021, respectively.

https://www.streetinsider.com/dr/news.php?id=20651422

"Significant Upside" - in my view the VAG contract will be worth billions to us over time, DMS is never going away and we will be their supplier of choice. Short-term I expect further design wins for VAG, the initial $125m is probably only 25% of what's coming , call it $500m in design wins and we know we always out perform the design win value

"This program covers an expansive number of vehicle models with mass production scheduled from early 2024 and an initial lifetime value of A$125 million. While representing the largest awarded DMS program to date, there also remains significant upside potential based on OEM expansion plans. "

Soulboy, GM have been slow to take advantage of being first, others have already over taken them. VW will be number one in a few years, they will also take the EV crown from Tesla.

I suspect the RNS below is only a small % of what's coming from VW

"Largest Driver and Occupant Monitoring System award with OEM #8

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, has been appointed by an existing customer and global Automotive Tier-1 supplier to deliver its FOVIO Driver and Occupant Monitoring System (OMS). This contract win is with a leading German Automaker and brings the total OEMs with which Seeing Machines has won business to eight."

Scoinsy, in my view the IP moat is widening, why do you think its getting smaller?

I only saw one DMS supplier named at the Qualcomm auto event last night

It is 1.12 GBP to USD

21.5p share price per $1bn

NVIDIA are the ones losing out. Colin B has retweeted this article, he predicted this 2 years ago.

https://www.eetimes.com/qualcomm-prepares-to-take-nvidia-for-a-ride/

Very impressive Auto day by QC, headline is the pipeline growth from $19bn to $30bn in 2 months, we just wait for that to flow down to us but it must.

Multiple mentions of Driver Monitoring and OMS and of course they name Seeing Machines again.

In Q&A the CEO confirmed a focus on M&A

https://twitter.com/semicast_res?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Seeing Machines named on a digital cluster slide, alongside tiny companies such as Amazon

I would say whatever mystery Tier 2 that is the QC DMS partner must have a pipeline above A$1bn.........when they can announce

King of the Rampers, long live the King.

Smart Eye
@SmartEyeAB
·
6h
Replying to
@SmartEyeAB
”To put things in perspective: if all 94 car models we have won so far were to reach peak production at the same time, we could be looking at a yearly volume of as much as five million cars produced with our technology – every year”, says Martin Krantz, CEO and Founder.

The 1m was announced with their recent results so isn't news.

They are trying to pump the share before another fundraise

They forget to mention that they have since lost BMW as BMW are moving to idrive8 which has SM.