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Last 5.13 GBp
Change Today 0.00 / 0.00%
Volume 1.3M
SEE On Other Exchanges
As of 12:08 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

seeing machines ltd (SEE) Snapshot

5.13 GBp
Previous Close
5.13 GBp
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5.13 GBp
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52 Week High
10/28/14 - 6.88 GBp
52 Week Low
06/2/15 - 4.13 GBp
Market Cap
Average Volume 10 Days
-0.01 GBp
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Dividend Yield
Current Stock Chart for SEEING MACHINES LTD (SEE)

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seeing machines ltd (SEE) Details

Seeing Machines Limited develops computer vision related technologies in Australia, North America, and South America. The company’s software and engineering services are used in products and applications that range from devices that enhance road safety and save lives. It offers DSS products and services to detect and manage driver fatigue and distraction. The company serves automotive, mining, commercial road transport, rail, aviation, and consumer electronics industries. Seeing Machines Limited was founded in 2000 and is based in Braddon, Australia.

159 Employees
Last Reported Date: 09/21/15
Founded in 2000

seeing machines ltd (SEE) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$466.1K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: A$319.3K
Compensation as of Fiscal Year 2015.

seeing machines ltd (SEE) Key Developments

Seeing Machines Limited Announces Final Audited Consolidated Financial Results for the Year to June 30, 2015

Seeing Machines Limited announced final audited consolidated financial results for the year to June 30, 2015. For the year, revenue was AUD 18,983,771 against AUD 16,756,392 for the same period of last year. Loss from continuing operations before income tax was AUD 10,166,236 against AUD 2,703,172 for the same period of last year. Loss from continuing operations after income tax was AUD 10,635,161 against AUD 2,703,172 for the same period of last year. Loss for the year attributable to equity holders of parent was AUD 11,281,698 against AUD 2,703,172 for the same period of last year. Diluted earnings per share were AUD 0.0130 against AUD 0.0041 for the same period of last year. Net cash flows used in operating activities was AUD 18,619,608 against AUD 5,223,900 for the same period of last year. Purchase of plant and equipment was AUD 748,905 against AUD 172,435 for the same period of last year. Payments for intangible assets were AUD 1,934,686 against AUD 447,556 for the same period of last year.

Seeing Machines Signs Global Product Development, Licensing and Distribution Agreement with Caterpillar

Seeing Machines announced that it has signed a global product development, licensing and distribution agreement with Caterpillar Inc., as the final phase of the alliance between the two companies announced in May 2013. Under this new agreement, Caterpillar will take over responsibility for manufacturing, marketing and sales of Seeing Machines' existing DSS rugged off-road product. In addition, Seeing Machines and Caterpillar will work together to develop new products. Caterpillar will market DSS and Seeing Machines Fleet products for in-cab operator fatigue and distraction monitoring solutions in the agreed Caterpillar industries. Finally, Caterpillar will also have distribution rights for Seeing Machines Fleet product, exclusive within agreed Caterpillar industries and nonexclusive outside these industries. Seeing Machines' DSS rugged off-road product, under license to Caterpillar, will be available exclusively through Cat® Dealers across Caterpillar's broader industries; including mining, construction, quarry, aggregates, cement, and forestry. Caterpillar will pay Seeing Machines USD 17.5 million over four years as well as royalty fees for DSS hardware, software licensing, monitoring and analytics services. Caterpillar will also purchase existing inventory of DSS units from Seeing Machines. Current DSS customer agreements will be transitioned to Caterpillar and supported by Caterpillar dealers. Additional consulting services, system monitoring and data analysis will be offered by Caterpillar Safety Services. In addition to the rugged off-road DSS product, Caterpillar will also distribute Seeing Machines' Fleet product, exclusively within agreed Caterpillar industries and nonexclusive outside these industries. Seeing Machines and its other distribution partners will continue to market and sell the Fleet product into the broader commercial road transport market.

Seeing Machines Limited to Report Fiscal Year 2015 Final Results on Sep 21, 2015

Seeing Machines Limited announced that they will report fiscal year 2015 final results on Sep 21, 2015


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