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Seeing Machines (GB:SEE)
:SEE
Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.4Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -11.36%
|Next Earnings Date:Mar 25, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, such as the launch of the Guardian Generation 3 product, strategic partnerships, and a shift towards a software-oriented business model expected to improve margins. However, the company also faces challenges in the automotive sector, financial losses, and cash flow risks. The sentiment is balanced with both opportunities and risks present.Company Guidance
In the recent investor call for Seeing Machines Limited, CEO Paul McGlone highlighted several key metrics and developments for the fiscal year 2024. The company delivered a 76% growth in Automotive volumes, with their technology now integrated into over 2.2 million vehicles as of June 30, 2024. They introduced the Guardian Generation 3 product, which boasts a reduced unit cost and smaller form factor, potentially enhancing market integration. The revenue mix showed 61% from Aftermarket, 33% from Automotive, and 6% from Aviation, with a target revenue of $125 million by FY 2026. The company acquired Asaphus Vision for up to $6 million to boost their technological capabilities and European market presence. The cash burn rate was reduced to $2 million per month, aiming for breakeven by the end of FY 2025, with a significant improvement in gross profit margins expected to reach the mid-60s. The anticipated growth in royalties and hardware margins, particularly from Automotive, is expected to drive the company's financial performance forward.Guardian Generation 3 Product Launch
Seeing Machines launched the Guardian Generation 3 product, which features a lower unit cost, smaller form factor, and better integration capabilities. This is expected to propel growth in the next financial year.
Deepening Strategic Partnerships
The company has entered a new agreement with Caterpillar, expanding fields of use and collaboration in the mining sector. Additionally, the acquisition of Asaphus Vision is expected to enhance the company's presence and capabilities in Europe.
Aftermarket Growth and Regulation Support
Aftermarket segment saw 32% revenue growth in FY '24, with further growth expected due to regulatory support and safety initiatives.
Revenue and Margin Expansion Strategy
The company reported a strategic shift towards a more software-oriented business model, expected to increase gross margins significantly by FY '26.
Automotive Royalty Leadership
Seeing Machines maintained a market-leading position in automotive royalties, with a growth rate expected to continue at an average of 100% year-on-year.
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GB:SEE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:SEE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | 4.40p | 3.94p | -10.45% |
| Mar 18, 2024 | 5.14p | 5.05p | -1.75% |
| Oct 16, 2023 | 5.45p | 5.23p | -4.04% |
| Mar 06, 2023 | 7.44p | 7.01p | -5.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Seeing Machines (GB:SEE) report earnings?
Seeing Machines (GB:SEE) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is Seeing Machines (GB:SEE) earnings time?
Seeing Machines (GB:SEE) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Seeing Machines stock?
The P/E ratio of Seeing Machines is N/A.
What is GB:SEE EPS forecast?
Currently, no data Available
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