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Pin to quick picksSeeing Machines Share News (SEE)

Share Price Information for Seeing Machines (SEE)

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Share Price: 4.50
Bid: 4.505
Ask: 4.55
Change: -0.15 (-3.23%)
Spread: 0.045 (0.999%)
Open: 4.60
High: 4.60
Low: 4.35
Prev. Close: 4.65
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Seeing Machines confident as losses narrow

Mon, 20th Sep 2010 08:01

Seeing Machines, which makes systems that monitor drivers' facial movements to detect drowsiness, saw losses narrow in the year to June 30 despite lower revenues as it cut costs.Losses narrowed to A$1.8m from $2.3m the previous year on revenues that fell to $4.2m from $4.9m. The company said that the reduction in revenues was due to a delay in the supply of its DSS system, which is used by drivers of long-haul vehicles and trucks used in the mining sector.Expenses fell as a result of restructuring and expenditure control implemented during 2009 to address the adverse impacts on the business of the global financial crisis. Seeing has been seeking to concentrate on the mining industry and has won three contracts to supply DSS to mines in North America and Peru since the year end, on top of contracts won during the period..'We're riding the coattails of the mining boom,' chief executive Nick Cerneaz explained at the company's results presentation.He added that the company still sees a strong future in road transport in the longer term.Seeing has four main products including DSS, including a medical device that it intends to license to another company when it has been developed, a tracking device used in research markets and a software system that is licensed to companies on a royalty basis.
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7 Mar 2016 15:32

Seeing Machines swings to half year profit

(ShareCast News) - Seeing Machines swung to a half year profit as a licencing deal with Caterpillar boosted revenue. The maker of vehicle operator monitoring technology reported a profit for the six months ended 31 December 2015 of A$11.2 m (£5.89m), compared to a net loss of A$4.3.m the same period

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7 Mar 2016 11:18

Seeing Machines Revenue Soars In First Half, Agrees Follow-On Deal

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2 Mar 2016 15:21

Seeing Machines' CFO resigns

(ShareCast News) - Seeing Machines, an AIM-listed vehicle operator monitoring technology company, confirmed the resignation of James Walker as chief financial officer (CFO) and executive director. In a statement on Wednesday, the company said Walker, who is based in Sydney, has resigned in order to

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2 Mar 2016 09:33

Seeing Machines CFO Walker Takes A Hike To Lead Another Tech Company

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26 Oct 2015 16:13

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21 Sep 2015 09:58

Seeing Machines' annual loss widens as group ramps up investment

(ShareCast News) - Head and eye tracking technology group Seeing Machines posted a wider annual loss on the back of a sharp increase in investment and marketing. In the year to 30 June, the group saw its pre-tax loss soar from AU$ 2.7m to AU$ 10.2m, while revenue rose 13% to AU$ 19m and the group bo

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21 Sep 2015 08:40

Seeing Machines Annual Loss Triples On Investment, Mining Downturn

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14 Sep 2015 12:56

Seeing Machines signs agreement with Caterpillar

(ShareCast News) - Seeing Machines has signed a global product development, licensing and distribution agreement with US construction machinery and equipment firm Caterpillar. Under the agreement, Caterpillar will take over responsibility for the manufacturing, marketing and sales of Seeing Machines

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14 Sep 2015 06:58

Seeing Machines Inks Formal Agreement With Caterpillar

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18 Aug 2015 07:31

Seeing Machines In "Advanced Negotiations" With Caterpillar

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20 Jul 2015 10:14

Seeing Machines bags $1.1m order with top Zambian miner

(ShareCast News) - Seeing Machines has secured a £1.1m order for its DSS hardware with an unnamed Zambian miner. The provider of operator monitoring and intervention sensing technologies said it has been considering a variety of clients over the last two years, but has signed with one of the country

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20 Jul 2015 06:40

Seeing Machines Wins USD1.1 Million Order From Zambian Miner

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9 Jul 2015 09:24

Seeing Machines Says Revenue Rises In Year With Fleet Sales To Grow

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6 Jul 2015 11:14

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