Earnings Call Summary | SEEING MACHINES LTD(SEEMF.US) Q1 2024 Earnings Conference
Earnings Call Summary | SEEING MACHINES LTD(SEEMF.US) Q1 2024 Earnings Conference
The following is a summary of the Seeing Machines Limited (SEEMF) Q1 2024 Earnings Call Transcript:
以下是Seeing Machines Limited（SEEMF）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
Seeing Machines reported a major win amounting to U.S.$82 million for cabin monitoring, which has begun production.
In terms of fleet business, there are approximately 57,000 Guardian connections.
The reported profits and cash metrics indicated positive growth, mostly driven by automotive royalties.
Cash at the end of Q1 2024 was over $22 million, down from over $36 million at the end of June 2023.
The cash burn rate is expected to decrease to less than $1 million a month by Q4 of FY24.
Revenue from the aftermarket increased by 38% to $14.3 million, with over 6,000 Guardian units sold during the period.
An increase in both volumes and revenue is expected as the large German OEM production commences this month.
Cost savings of around $3 million are expected in H2 of FY24 due to reductions in ongoing costs.
Seeing Machines報告稱，在客艙監控方面取得了總額爲8200萬美元的重大勝利，該項目已開始生產。
在機隊業務方面，大約有57,000個Guardian連接。
報告的利潤和現金指標顯示出正增長，這主要是由汽車特許權使用費推動的。
2024年第一季度末的現金超過2200萬美元，低於2023年6月底的3,600多萬美元。
預計到24財年第四季度，現金消耗率將降至每月不到100萬美元。
售後市場的收入增長了38％，達到1,430萬美元，在此期間，Guardian售出了6,000多臺。
隨着德國大型整車廠本月開始生產，預計銷量和收入均將增加。
由於持續成本的降低，預計在24財年下半年將節省約300萬美元的成本。
Business Progress:
業務進展：
Over 1.5 million cars on the road are now equipped with Seeing Machines' technology.
Anticipated growth in royalties is due in part to increasing interest in hands-free driving features and an increasing focus on drowsiness detection and distraction monitoring.
Notable progress has been made with the U.S. National Highway Traffic Safety Administration (NHTSA), with an emphasis on distraction, impairment, and drowsiness.
The company anticipates continued growth in the after-manufacturer segment, with sales expected to continue until 2025.
The launch of Generation 3 of their product is expected to double current automotive royalties.
Continued advancements are being made in the aviation sector, with product development and increased RFQ pipelines in collaboration with Collins.
The company has a strong business pipeline, with a market share expected to remain around 40%.
There is an expected growth rate of 30% CAGR for Guardian product connections over the next three years, with a low churn rate of less than 2%.
現在，道路上行駛的超過150萬輛汽車都配備了Seeing Machines的技術。
特許權使用費的預期增長，部分原因是人們對免提駕駛功能的興趣與日俱增，以及人們越來越關注睡意檢測和分心監測。
美國國家公路交通安全管理局（NHTSA）取得了顯著進展，重點是分散注意力、障礙和嗜睡。
該公司預計，售後製造商細分市場將繼續增長，銷售預計將持續到2025年。
他們產品的第三代的推出預計將使目前的汽車特許權使用費翻一番。
航空業正在持續取得進展，與柯林斯合作開發了產品並增加了詢價渠道。
該公司擁有強大的業務渠道，市場份額預計將保持在40％左右。
在未來三年中，Guardian產品連接的複合年增長率預計爲30％，低流失率不到2％。
More details: SEEING MACHINES LTD IR
更多詳情： SEEING MACHINES
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譯文內容由第三人軟體翻譯。