Business
Seeing Machines (SEE) Q4 FY2024 Quarterly KPIs
Seeing Machines (SEE) Q4 FY2024 Quarterly KPIs.
About this update from Seeing Machines Limited
[{"type":"text","content":"\n\n \nSeeing Machines Limited (\"Seeing Machines\" or the \"Company\")\n \n \n8 August 2024\n \nQ4 FY2024 Quarterly KPIs\n \nOver 2.2 million cars on the road with Seeing Machines' technology with quarterly production of 381,215 units, representing quarter on quarter growth of 22% across 7 Automotive production programs\n \nSeeing Machines Limited (AIM: SEE, \"Seeing Machines\" or the \"Company\"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, publishes its quarterly Key Performance Indicators (\"KPIs\") for the quarter ended 30 June 2024.\n \nQ4 FY2024 KPI highlights:\n \n- Cars on the road with Seeing Machines' technology increased to 2,211,422 units, representing an increase of 104% from 12 months ago (Q4 FY2023: 1,086,176)\n- Quarterly production of 381,215 units, up 22% from the previous quarter\n- Monitored Guardian connections increased by 19% during the last 12 months to 62,010 units (Q4 FY2023: 51,975)\n \nAutomotive Production Volumes (production of new vehicles using Seeing Machines' DMS technology):\n \n\n\n\n\n \n\n\nQ4 FY2023\n\n\nQ1 FY2024\n\n\nQ2 FY2024\n\n\nQ3 FY2024\n\n\nQ4 FY2024\n\n\n\n\nProduction FY2023 - 24\n\n\n211,325\n\n\n222,138\n\n\n208,231\n\n\n313,662\n\n\n381,215\n\n\n\n\n% Growth Qtr on Qtr\n\n\n22%\n\n\n5%\n\n\n-6%\n\n\n51%\n\n\n22%\n\n\n\n\n \n\n\nQ4 FY2022\n\n\nQ1 FY2023\n\n\nQ2 FY2023\n\n\nQ3 FY2023\n\n\nQ4 FY2023\n\n\n\n\nProduction FY2022-23\n\n\n105,390\n\n\n112,077\n\n\n141,747\n\n\n173,802\n\n\n211,325\n\n\n\n\n% Growth Comparative\n\n\n101%\n\n\n98%\n\n\n47%\n\n\n80%\n\n\n80%\n\n\n\n\n \nAftermarket (Guardian) (installed technology for commercial transport fleets and logistics organisations):\n \n\n\n\n\n \n\n\nQ4 FY2023\n\n\nQ1 FY2024\n\n\nQ2 FY2024\n\n\nQ3 FY2024\n\n\nQ4 FY2024\n\n\n\n\nMonitored connections\n\n\n51,975\n\n\n54,140\n\n\n56,896\n\n\n59,706\n\n\n62,010\n\n\n\n\n% Growth Qtr on Qtr\n\n\n6%\n\n\n4%\n\n\n5%\n\n\n5%\n\n\n4%\n\n\n\n\nUnits sold, yet to be connected\n\n\n7,630\n\n\n7,189\n\n\n7,470\n\n\n6,320\n\n\n16,127\n\n\n\n\n \nSeeing Machines Automotive production volumes in FY2024 were 1,125,246, a strong year-on-year increase of 76%. The Group's techn...