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Seeing Machines
(LSE:SEE)
Seeing Machines (SEE) vs. iShares MSCI United Kingdom ETF (EWC)
Seeing Machines Business Overview & Revenue Model
Seeing Machines Earnings Call Summary
Seeing Machines Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 61.56M | 62.34M | 67.63M | 57.77M | 39.00M | 35.44M |
| Gross Profit | 38.77M | 39.20M | 31.52M | 28.90M | 17.51M | 11.71M |
| EBITDA | -10.40M | -16.33M | -26.45M | -13.64M | -18.97M | -12.98M |
| Net Income | -24.71M | -25.27M | -31.28M | -15.55M | -18.57M | -13.09M |
Balance Sheet | ||||||
| Total Assets | 131.30M | 131.30M | 130.30M | 133.09M | 137.61M | 92.93M |
| Cash, Cash Equivalents and Short-Term Investments | 22.86M | 22.86M | 23.68M | 36.45M | 40.80M | 35.90M |
| Total Debt | 55.60M | 55.60M | 50.92M | 43.23M | 3.65M | 4.64M |
| Total Liabilities | 88.04M | 88.04M | 93.31M | 66.56M | 30.70M | 20.89M |
| Stockholders Equity | 43.26M | 43.26M | 36.98M | 99.89M | 73.82M | 72.05M |
Cash Flow | ||||||
| Free Cash Flow | -12.32M | -12.54M | -11.94M | -50.68M | -21.80M | -16.29M |
| Operating Cash Flow | -12.09M | -12.31M | 12.10M | -25.04M | -7.90M | -11.08M |
| Investing Cash Flow | -17.22M | -17.49M | -24.00M | -25.63M | -13.90M | -5.19M |
| Financing Cash Flow | 29.48M | 29.48M | -729.00K | 45.29M | 38.93M | 21.77M |
Seeing Machines Technical Analysis
Seeing Machines Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £173.54M | 58.16 | 7.35% | ― | 26.09% | 32.43% | |
69 Neutral | £76.98M | -37.74 | -10.50% | ― | 6.40% | 70.78% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | £171.26M | -8.75 | -64.28% | ― | -10.24% | 33.33% | |
56 Neutral | £44.81M | -35.00 | -9.83% | ― | -5.43% | -292.31% | |
50 Neutral | £33.69M | 775.00 | ― | ― | 25.15% | ― |
Seeing Machines Corporate Events
Seeing Machines Limited reported a significant growth in its Driver and Occupant Monitoring System (DMS/OMS) technology, with over 4.2 million vehicles now equipped, marking a 62% increase from the previous year. The company achieved a 4% quarterly production increase, despite challenges in the automotive sector due to tariffs and trade tensions. The growth is driven by increasing fitment rates to meet upcoming European safety regulations. Although Guardian hardware sales were below expectations in Q1 FY2026, the company anticipates a strong recovery in Q2 with new orders and ongoing contracts. Seeing Machines remains confident in achieving its production targets and cashflow break-even run rate by the end of the year.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has announced a significant order from a major US-based multinational company for its Guardian Generation 3 units, marking its first major deal in North America. The order involves the installation of 1,100 units by December 2025, with potential expansion in the following year. This deployment underscores the customer’s commitment to reducing fatigue-related incidents and improving fleet safety, as Guardian’s technology has proven to reduce fatigue-related driving events by over 94%. This deal highlights Seeing Machines’ leadership in fatigue management technology and its impact on enhancing driver safety standards.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has announced a significant milestone in its collaboration with Magna, a major Tier 1 automotive supplier, to expand its Driver and Occupant Monitoring System (DMS/OMS) technology in China. This partnership involves integrating Seeing Machines’ advanced AI-powered monitoring systems into Magna’s interior mirrors for a German-based OEM, enhancing vehicle safety by detecting driver distraction and drowsiness. The program is expected to reach several million units annually, marking the largest automotive program award for Seeing Machines, which is currently engaged with 18 automotive programs globally. This expansion underscores Seeing Machines’ commitment to safety innovation and its strategic positioning in the automotive industry.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited announced its Annual General Meeting (AGM) will be held virtually on 26 November 2025, allowing shareholders to participate online. This move reflects the company’s commitment to leveraging technology for accessibility and engagement, potentially impacting stakeholder involvement and company transparency.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited announced that Gerhard Vorster, a non-executive director and Chair of the People, Culture and Remuneration Committee, will step down from the board after the Annual General Meeting on 26 November 2025. Vorster, who has been with the company since 2019, has significantly contributed to its strategic direction and culture, leveraging his extensive experience from Deloitte. His departure marks a notable change in the company’s leadership, potentially impacting its strategic initiatives and stakeholder relations.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has announced a significant contract renewal and order for 1,300 Guardian units with its Latin American distribution partner, HORUX Latam. This agreement, which extends HORUX Latam’s exclusive distribution rights in Chile for up to ten years, reflects a shared commitment to advancing transport safety in the region. The partnership includes an initial shipment of 600 units in October 2025, with HORUX Latam planning to expand operations across Latin America. This development highlights Seeing Machines’ strategic growth in the global market and its dedication to improving road safety.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has been selected by a leading Japanese OEM to develop an Advanced Development Project (ADP) for a Driver and Occupant Monitoring System (DMS/OMS) platform. This collaboration marks a significant milestone in Seeing Machines’ expansion into the Japanese automotive market, highlighting the growing recognition of its AI-powered monitoring capabilities. The company anticipates a formal production award in 2026, with production expected to commence in 2028, underscoring its commitment to enhancing transport safety globally.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines’ recent earnings call presented a mixed sentiment, reflecting both optimism and caution. The company is well-positioned in the automotive sector, bolstered by strategic partnerships and upcoming regulations. However, challenges such as a decline in revenue and delays in sales cycles pose significant hurdles. Despite these issues, Seeing Machines is on a clear path to profitability, aided by ongoing cost reductions and anticipated revenue growth, although execution risks remain.
Seeing Machines Limited has secured a US$1.8 million purchase order for its Guardian Backup-driver Monitoring System (BdMS) from a leading North American autonomous vehicle company. This contract supports the expansion of the customer’s test fleet across the US, highlighting the critical role of Seeing Machines’ technology in ensuring safety during the transition to fully autonomous transport. The company’s Guardian BdMS solution is pivotal in bridging the gap between autonomous operations and human oversight, reinforcing its position in the growing autonomous ride-hailing industry.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has announced a significant 5-year agreement with a leading UK bus OEM to deliver its Guardian Generation 3 technology across Europe, aligning with the upcoming General Safety Regulation mandate for advanced driver distraction warnings. This expansion, alongside ongoing collaborations with other OEMs and industry leaders, underscores the company’s commitment to road safety and positions it as a pivotal player in enhancing public and commercial transport safety across Europe and the UK.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has reported its FY2025 financial results, highlighting significant growth prospects due to the upcoming European General Safety Regulation mandating camera-based Driver Monitoring Systems (DMS) in all new vehicles by July 2026. The company anticipates a substantial increase in automotive royalty volumes as OEM customers are expected to sell 12.5 million new cars in Europe in 2026, all requiring DMS technology. Additionally, Seeing Machines is making strides in the Aftermarket sector, converting trial customers into sales and expanding its business pipeline in the Americas and EMEA. Collaborations with Mitsubishi and Valeo, along with the acquisition of Asaphus Vision GmbH, are set to enhance the company’s capabilities and market reach. Financially, Seeing Machines aims to achieve a cashflow break-even run rate by the end of the calendar year and become cashflow positive in the second half of FY2026.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited has secured its first Guardian Generation 3 contract through a referral from Mitsubishi Electric Automotive America (MEAA), marking a significant milestone in their collaboration. This agreement with Savannah Transport Inc. highlights the effectiveness of the referral process and opens new opportunities in the Americas, potentially enhancing the company’s market presence and contributing to road safety advancements.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines has announced a new capability for its Driver Monitoring System (DMS) technology that can now detect alcohol-related impairment in drivers, marking a significant advancement in road safety technology. This enhancement aligns with European NCAP standards and aims to reduce alcohol-impaired driving fatalities by targeting drivers with a blood alcohol content of .10 or higher. The technology is already in use on US roadways and is part of a phased plan to integrate advanced alcohol detection in vehicles, potentially influencing global safety standards and regulatory compliance.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited announced that it will release its FY2025 results on 25 September 2025, followed by a live presentation by CEO Paul McGlone and CFO Martin Ive. This presentation, accessible via Investor Meet Company, is open to current and potential shareholders, allowing them to engage directly with the company’s leadership. This announcement underscores Seeing Machines’ commitment to transparency and stakeholder engagement, potentially enhancing its market position and investor relations.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited announced a significant share transfer involving its Chief Financial Officer, Martin Ive, who transferred 3,500,000 ordinary shares to Marrach Super Pty Limited, a closely associated entity. Despite this transfer, Mr. Ive retains a beneficial interest in 12,755,726 ordinary shares, representing 0.26% of the company’s issued share capital. This transaction is part of the company’s ongoing operations and reflects internal financial management, with potential implications for shareholder interests and market perception.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines reported a 69% increase in vehicles equipped with its technology, reaching over 3.7 million units, as it prepares for the EU’s 2026 General Safety Regulation deadline. The company anticipates profitability through growing automotive royalties, a strong Guardian pipeline, and cost management initiatives. Key developments include a strategic partnership with Mitsubishi Electric Mobility Corporation, which secured a £26.2m investment, and new referral agreements in the Americas and Europe. Despite an expected EBITDA loss, the company improved its financial performance in the second half of FY2025 and aims for a cashflow break-even run rate by the end of the year.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.