Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) CEO Paul McGlone and CFO Martin Ive tell Proactive's Stephen Gunnion that the business is hitting its stride, with record quarterly automotive production of more than 1.28 million vehicles — up 122% on the prior quarter — as OEMs race to meet the July 2026 European General Safety Regulation deadline.
The financial impact is striking: automotive royalty revenue in Q3 alone exceeded the total from the entire first half of FY2026, with strong operating leverage helping to deliver positive adjusted EBITDA for the quarter.
In the Guardian segment, annual recurring revenue grew to $14.7 million as subscription adoption continues to build. Looking ahead, the company expects further volume growth, improving profitability, and completion of its refinancing by mid-year.
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