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Seeing Machines (SEE) AI Stock Analysis
Seeing Machines
(LSE:SEE)
The stock receives a moderate overall score of 53, reflecting a mix of strong technical momentum and concerning fundamentals. While the price is in a robust uptrend and momentum indicators are positive, the company's financial performance is weak due to persistent losses, high debt, and negative cash flows. Valuation remains unattractive with a negative P/E ratio. Investors should weigh the growth potential against the significant financial risks.
Seeing Machines (SEE) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 178.31M
- Dividend Yield
- ―
- Average Volume (3M)
- 11.05M
- Price to Earnings (P/E)
- -7.8
- Beta (1Y)
- 0.43
- Revenue Growth
- -13.42%
- EPS Growth
- 9.80%
- Country
- UK
- Employees
- 365
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Infrastructure
Seeing Machines Business Overview & Revenue Model
Company Description
Seeing Machines Limited, operating through its various subsidiary entities, delivers advanced driver monitoring technologies to markets worldwide, spanning Australia, North America, the Asia Pacific, and Europe. The company organizes its business int...
How the Company Makes Money
Seeing Machines makes money primarily by commercializing its driver monitoring technology across two main channels: (1) automotive OEM programs and (2) commercial/off-highway fleet solutions. In automotive, the company typically earns revenue through...
Seeing Machines Earnings Call Summary
The earnings call highlights Seeing Machines' strong market position in automotive, driven by upcoming regulations and strategic partnerships. However, revenue decline and sales delays present challenges. The company has a clear path to profitability with ongoing cost reductions and expected revenue growth, but execution risk remains.
Q4-2025 Updates
Positive Updates
Negative Updates
Company Guidance
During the call, Seeing Machines Limited provided detailed guidance across several key metrics. The company anticipates substantial growth in automotive royalties, driven by new European regulations requiring camera-based driver monitoring systems by July 2026. Currently, Seeing Machines holds a 50% market share in production volume, which they expect to maintain in the short term, although they project a more conservative 35% share long-term due to increased competition. The Guardian product line is also expected to see significant growth, influenced by new regulations in the U.S. and global safety advocacy. In fiscal year 2025, the company reported a decrease in revenue, largely due to a transition from Gen 2 to Gen 3 Guardian products and reduced aviation revenue. However, they emphasized cost management improvements and anticipate achieving a cash flow breakeven run rate by the end of the calendar year. Seeing Machines plans to leverage partnerships, notably with Mitsubishi, to explore new market opportunities, including in insurance and smart factory sectors.
Seeing Machines Financial Statement Overview
Summary
Seeing Machines shows explosive revenue expansion and healthy gross margins, offset by deep losses, high leverage, and accelerating cash burn. While growth metrics are promising, profitability challenges and balance sheet risks necessitate careful monitoring.
Income Statement
45NeutralBalance Sheet
25NegativeCash Flow
15Very Negative| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 60.03M | 62.34M | 67.63M | 57.77M | 39.00M | 35.44M |
| Gross Profit | 38.57M | 39.20M | 31.52M | 28.90M | 17.51M | 15.66M |
| EBITDA | 3.79M | -6.22M | -17.43M | -10.59M | -17.47M | -12.42M |
| Net Income | -29.59M | -25.27M | -31.28M | -15.55M | -18.57M | -13.09M |
Balance Sheet | ||||||
| Total Assets | 109.54M | 131.30M | 130.30M | 133.09M | 95.01M | 69.69M |
| Cash, Cash Equivalents and Short-Term Investments | 3.63M | 22.86M | 23.68M | 36.45M | 40.80M | 35.90M |
| Total Debt | 58.05M | 55.60M | 50.92M | 43.23M | 3.65M | 4.64M |
| Total Liabilities | 88.34M | 88.04M | 93.31M | 66.56M | 21.20M | 15.66M |
| Stockholders Equity | 21.20M | 43.26M | 36.98M | 66.53M | 73.82M | 72.05M |
Cash Flow | ||||||
| Free Cash Flow | -20.86M | -12.54M | -11.94M | -50.68M | -21.80M | -16.29M |
| Operating Cash Flow | -20.64M | -12.31M | 12.10M | -25.04M | -11.49M | -11.08M |
| Investing Cash Flow | -11.31M | -17.49M | -24.00M | -25.63M | -20.21M | -5.19M |
| Financing Cash Flow | -3.64M | 29.48M | -729.00K | 45.29M | 38.93M | 21.77M |
Seeing Machines Peers Comparison
Overall Rating
GB:FNX85Outperform
GB:BOKU78Outperform
GB:PAY74Outperform
GB:CNS63Neutral
GB:BKS62Neutral- GB:SEE53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:FNX | 85Outperform | GBP 172.87M | 14.39 | 107.46% | 5.17% | 14.52% | 6.84% |
| GB:BOKU | 78Outperform | GBP 365.96M | 35.57 | 9.32% | ― | 10.38% | 2.60% |
| GB:PAY | 74Outperform | GBP 421.45M | 11.40 | 45.78% | 14.34% | 8.46% | 111.81% |
| GB:CNS | 63Neutral | GBP 78.11M | 32.97 | 16.07% | ― | 24.53% | ― |
| GB:BKS | 62Neutral | GBP 132.47M | 41.58 | 7.23% | ― | 11.32% | 8.80% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| GB:SEE | 53Neutral | GBP 180.56M | -7.78 | -91.82% | ― | -13.42% | 9.80% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:SEE | Seeing Machines | 3.71 | 0.21 | 6.14% | |
| GB:CNS | Corero Network Security | 15.25 | 6.50 | 74.29% | |
| GB:PAY | Paypoint plc | 729.50 | 108.37 | 17.45% | |
| GB:BOKU | BOKU | 125.00 | -103.00 | -45.18% | |
| GB:BKS | Beeks Financial Cloud Group Plc | 200.00 | -56.50 | -22.03% | |
| GB:FNX | Fonix Mobile PLC | 174.00 | -0.32 | -0.18% |
Seeing Machines Corporate Events
Seeing Machines Wins EU Driver Monitoring Deal as New Safety Rules Bite
PositiveSeeing Machines has secured a new driver and occupant monitoring program with a European automotive manufacturer via an existing Tier 1 supplier, cementing its role in the fast‑growing market for in‑cabin camera safety systems. The deal w...
Seeing Machines advances talks to refinance October convertible note
PositiveSeeing Machines said it is in advanced talks with several potential lenders and has received multiple term sheets to refinance its convertible note ahead of the October 4, 2026 maturity date. Management expects the refinancing to complete well before...
Seeing Machines wins US$31m expansion for in-cabin monitoring with European OEM
PositiveSeeing Machines has secured a US$31m expansion of an existing automotive production program with a major European carmaker, extending deployment of its driver and occupant monitoring systems across additional vehicle models from the second half of 20...
Seeing Machines lands new Japanese OEM deals to expand in-cabin monitoring footprint
PositiveSeeing Machines has secured new automotive program awards to supply its Driver and Occupant Monitoring System software to two Japanese car manufacturers via existing European and Japanese Tier 1 suppliers. The contracts cover single and dual camera i...
Seeing Machines wins US$3.8m order for backup-driver monitoring in autonomous fleets
PositiveSeeing Machines has secured a US$3.8 million purchase order for its Guardian Backup-driver Monitoring System from a leading North American autonomous driving company, deepening an existing partnership as the customer expands its autonomous test fleet...
Seeing Machines Hits Record Q3 Volumes as EU Safety Rules Drive DMS Demand
PositiveSeeing Machines reported a sharp acceleration in automotive production volumes in Q3 FY2026, with more than 1.28 million vehicles fitted with its driver and occupant monitoring technology, up 122% quarter-on-quarter and 259% year-on-year. This surge...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: May 06, 2026