Seeing Machines ( (GB:SEE) ) has provided an update.
Seeing Machines Limited reported its half-year results for FY2025, highlighting a strategic reorganization and cost reduction of US$12 million to achieve cash flow break-even in 2025. The company maintained a strong market position with over 2.88 million cars equipped with its technology, despite global automotive industry volatility. Key developments include a significant investment from Mitsubishi Electric Mobility Corporation, strategic collaborations with Valeo, and the acquisition of Asaphus Vision GmbH to boost AI capabilities. The company anticipates growth driven by regulatory developments in road safety, with a focus on expanding its market share in Asia, Europe, and the US.
More about Seeing Machines
Seeing Machines Limited, founded in 2000 and headquartered in Australia, is a leader in vision-based monitoring technology. The company designs AI-powered operator monitoring systems to enhance transport safety across automotive, commercial fleet, off-road, and aviation sectors. Seeing Machines’ technology portfolio includes AI algorithms, embedded processing, and optics, which are integral to delivering real-time understanding of vehicle operators.
YTD Price Performance: -49.67%
Average Trading Volume: 6,527,135
Technical Sentiment Signal: Buy
Current Market Cap: £105.9M
For an in-depth examination of SEE stock, go to TipRanks’ Stock Analysis page.