Seeing Machines Reports Strong Revenue Growth for FY2024
Company Announcements

Seeing Machines Reports Strong Revenue Growth for FY2024

Seeing Machines (GB:SEE) has released an update.

Seeing Machines Limited has reported a robust 17% increase in revenue for FY2024, fueled by global regulatory momentum in driver monitoring systems. The company’s growing market share in the automotive sector, with over 2.2 million cars equipped with its technology, underscores its leadership in transport safety solutions. Additionally, strategic collaborations and new program awards are expected to sustain growth, with a focus on achieving cash flow break-even by FY2025.

For further insights into GB:SEE stock, check out TipRanks’ Stock Analysis page.

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