Seeing Machines (SEE) H2 2026 TU earnings summary

Executive summary

• Achieved record automotive production volumes, exceeding 2.1 million units in Q4 FY2026, marking a business inflection point.

• Delivered a profitable second half and strong FY2026 performance, with momentum accelerating in H2.

• Over 8.2 million vehicles now equipped with the company's DMS/OMS technology, up 120% year-over-year.

Financial highlights

• Adjusted Revenue increased 45% year-over-year to $76.3m (FY2025: $52.8m).

• H2 FY2026 Adjusted Revenue rose 126% to $52.9m from $23.4m in H1.

• Adjusted Automotive Royalty Revenue grew 135% to $33.9m (FY2025: $14.4m).

• Guardian Annual Recurring Revenue increased 12% to $15.0m.

• Adjusted EBITDA for H2 FY2026 expected positive at $10.7m–$11.7m, reversing a H1 loss of $13.7m.

• Adjusted EBITDA loss for FY2026 expected at $2.0m–$3.0m.

• Cash at 30 June 2026 was $4.3m, up from $3.4m at 31 December 2025.

Outlook and guidance

• Management expects to sustain momentum into FY2027, driven by regulatory tailwinds and commercial progress.

• Audited year-end results expected before end of September 2026.