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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 |
|---|---|---|---|---|---|---|---|
77 Outperform | £173.90M | 15.60 | 104.98% | 7.02% | -4.35% | 5.34% | |
70 Outperform | £665.55M | 65.61 | 9.64% | ― | 22.19% | 78.35% | |
65 Neutral | £307.57M | 19.40 | 16.31% | 20.30% | 1.58% | -57.55% | |
64 Neutral | £66.58M | -52.00 | -9.83% | ― | -5.43% | -292.31% | |
64 Neutral | £152.28M | 51.02 | 7.35% | ― | 26.09% | 32.43% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | £259.34M | -12.95 | -64.28% | ― | -10.24% | 33.33% |
Seeing Machines Corporate Events
Seeing Machines has unveiled a next-generation 3D Cabin Perception Mapping platform at CES 2026, delivering real-time, comprehensive digital reconstruction of vehicle interiors from a single high-trust perception layer that supports multiple cameras, occupants and safety features. By replacing traditional feature-specific pipelines with a unified 3D interior model, the new architecture promises higher accuracy, consistency and scalability, cutting development cost and time to market for automakers while enabling flexible deployment and expansion of safety and user experience functions; the technology is also positioned for future use in robotics and broader human–machine interaction environments, reinforcing the company’s push to underpin intelligent, human-centred mobility. Key capabilities demonstrated included multi-row, multi-occupant tracking with full 3D body pose, out-of-position and child-seat detection, seat configuration monitoring and random object detection across the cabin.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines will receive an accelerated lump-sum royalty payment of about US$14.1m from a Tier 1 automotive customer under an existing automotive program guarantee, replacing royalties that would have been paid over the next four years and delivering a high-margin cash injection in the current month. The move is expected to boost profitability and cash generation in the second half of FY2026, with the third quarter set to mark the company’s first period of positive earnings and cash flow, while forthcoming European General Safety Regulation requirements and growing uptake of its Guardian aftermarket solution in Europe and North America are projected to materially lift automotive royalty revenues and quarterly unit sales, supporting improved positive cash flow in early 2026 and strengthening its position as it works toward meeting convertible note obligations in October 2026.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines will debut its next-generation 3D Cabin Perception Mapping solution at CES 2026, demonstrating high-fidelity in-cabin sensing that tracks all vehicle occupants in real time to improve safety and enhance the in-vehicle experience. The company will also showcase how its interior sensing integrates with exterior sensor systems to support more intelligent, automated driving, highlight its production-ready driver and occupant monitoring rear-view mirror solution used in its largest automotive program to date, and appear in multiple partner exhibits as it deepens collaborations across the autonomous driving ecosystem.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines has created a dedicated Future Mobility Group to capitalise on rising demand from autonomous vehicle programs as the sector shifts from development to commercial deployment. The new unit will embed the company’s next-generation driver and occupant monitoring systems into robotaxis, logistics and delivery fleets, and tele-operated vehicle platforms, aiming to provide scalable, human-centred safety solutions and deepen commercial and technical integration with global autonomy customers, reinforcing its first-mover position in interior sensing for automated transport.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines has launched the first part of a new Technical Paper series focused on non-fatigue driver impairment, particularly alcohol-related impairment, using its Driver Monitoring System (DMS) technology. This initiative aims to improve road safety by addressing the limitations of traditional Blood Alcohol Concentration (BAC) measures and providing real-time assessments of functional impairment. The company is collaborating with experts and universities to enhance the effectiveness of DMS technology in detecting impairment from alcohol and other substances, such as cannabis, thereby offering better safety protections for road users.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines has released its 2024-25 Guardian Insights Report, highlighting persistent fatigue risks and shifting distraction patterns in global commercial transport. The report, based on data from 60,000 vehicles, identifies early morning fatigue peaks and a decline in mobile device distractions, except in the UK. These insights offer opportunities for fleets to implement targeted strategies to reduce risks and align with Seeing Machines’ mission of eliminating transport-related fatalities. The report also aids policymakers and safety advocates in understanding driver impairment risks, emphasizing the need for industry collaboration to enhance road safety.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 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 all resolutions were passed at their Annual General Meeting held on 26 November 2025. The meeting included the re-election of a director and approvals related to long-term incentives and historic rights for the Managing Director. The company’s FY2025 Annual Report is now available online, providing stakeholders with insights into their financial performance. This successful AGM reflects the company’s stable governance and ongoing commitment to enhancing transport safety through its advanced monitoring technologies.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 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 new business developments, including an additional program with an existing European Tier 1 customer and a new contract with Mitsubishi Electric Mobility Corporation in Japan. The European project, valued initially at US$10 million, will enhance the OEM customer’s semi-automation functionality with Seeing Machines’ Driver Monitoring System technology, with production expected between 2028 and 2031. The Japanese contract, valued at US$1.6 million, marks the company’s first collaboration with MELMB, reinforcing its growth strategy in Japan. These deals contribute to a total cumulative initial lifetime value of over US$400 million for all Seeing Machines Automotive programs, with significant revenue anticipated by 2028. The company aims to leverage existing relationships to meet upcoming European regulatory requirements for advanced distraction warning systems.
The most recent analyst rating on (GB:SEE) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Seeing Machines stock, see the GB:SEE Stock Forecast page.
Seeing Machines Limited 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.