SEEING MACHINES LIMITED (SEE) — FY2023 Results Presentation

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the SEEING MACHINES LIMITED Full Year twenty twenty three Results Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted any time via the Q and A tab situated in the right hand corner of your screen. Just click Q and A, scroll to the bottom, type your question and press send. Due to the number of attendees on today's meeting, the company won't be in a position to answer every question received during the meeting itself. I hope the company review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to Paul McGlant, CEO, Martin Ives, CFO. Good morning. Good morning. Thank you. Well, this morning, Martin and I will take you through the results for FY '23, which I know everybody's seen already, But we'll give another layer of detail, which I'm sure will be helpful in understanding exactly what's going on, what we're focused on. And importantly, today, we're gonna give some insight into how our business will develop between now and financial year 2026. As as you would all know, it would be the first time that we've presented a bit of an outlook, and we think now is the right time to do that. But getting on, what's what is going on in our business that really has the potential to move the dial? Well, I've spoken before about the change in revenue, the change in mix that's driving higher margins. This is essentially the quarter on quarter increase in automotive royalties as cars start to hit the road. They come out of their engineering project environment and into the real world. And that drives high margin royalties, and we will continue to see s...