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Seeing Machines (SEE) investor relations material
Seeing Machines H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Entering a pivotal phase ahead of the July 2026 EU General Safety Regulation deadline mandating camera-based DMS for all new vehicles.
Business reshaped for scale, with focus on positive cashflow and operational leverage as regulatory and commercial inflection point nears.
Financial highlights
H1 FY2026 revenue expected between $23.4m–$24.0m, down from $25.3m in H1 FY2025 due to lower NRE activity and absence of prior license revenue.
Annualised Recurring Revenue (ARR) increased to $14.0m from $13.5m at June 2025, driven by Guardian connections.
Adjusted EBITDA loss narrowed to $13.1m–$13.7m from $17.7m in H1 FY2025.
Operating expenses reduced year-over-year, reflecting benefits from FY2025 strategic reorganisation.
Cash at 31 Dec 2025 was $3.4m, with a post-period $14.1m royalty payment received.
Outlook and guidance
Automotive production volumes expected to rise materially as GSR implementation approaches.
Anticipates accelerating royalty volume, expanding recurring revenues, and improved operating leverage.
Adjusted EBITDA expected to turn positive in Q3 and H2 FY2026; focus on generating positive cashflow in H2.
Trading in line with market expectations, with continued momentum.
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