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COMPANY RESEARCH

Seeing Machines - DSS deals drive PDF download Click for report

Seeing Machine’s (SM) year end has passed and the company will not be releasing a trading statement due to Australian law. The next trading news will likely be in the form of the final results which we expect to be announced in late September. At this point we are maintaining our forecasts. The group announced significant deals with Dycom (NYSE:DY) in March and established a North American operation in May, as it seeks further opportunities for commercialisation of the product in the US.

Seeing Machines is a technology company focused on designing vision-based human machine interfaces.

Year
End
Revenue
(A$m)
PBT
(A$m)
EPS
(Ac)
EPS
(p)
PE
(x)
Yield
(%)
06/06 2.5 (0.1) (0.1) 0.0 N/A N/A
06/07 2.6 (0.5) (0.2) (0.1) N/A N/A
06/08e 3.5 (0.3) (0.1) 0.0 N/A N/A
06/09e 10.3 2.5 0.8 0.4 5.4 N/A

Seeing Machines is a research client of Edison Investment Research.

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Listing AIM
Sector Technology Hardware & Equipment
Market Cap. £7m
Analyst Richard Jeans
 
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