Seeing Machines CEO talks growth, Guardian Gen 3 demand, and cost cutting success

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) CEO Paul McGlone talked with Proactive's Stephen Gunnion about the company’s recent fourth-quarter KPIs and ongoing progress towards cash flow breakeven and profitability. McGlone said Seeing Machines had significantly reduced costs by over $1 million per month, a key milestone already flowing through to the company’s accounts and growth plans. He highlighted a “dramatic recovery” in automotive royalties, with Q4 showing 36% quarter-on-quarter growth. McGlone added, “If that growth rate just maintains at, say, 20% for the next two quarters, we’ll be right in the middle of our $700,000 to $750,000 range per quarter.” The CEO also shared positive developments in aftermarket demand for Guardian Generation 3, noting strong uptake across EMEA, the Americas, and Asia-Pacific. The company delivered more than 2,500 Gen 3 units in the quarter, and is targeting between 6,000 and 6,500 units per quarter by year-end. McGlone explained that sales momentum is underpinned by regulatory drivers such as the upcoming General Safety Regulation (GSR) in Europe, as well as an active RFQ pipeline and trials with around 20 new customers globally. On the automotive side, while RFQ closures have been delayed due to the European summer, McGlone said, “The RFQ pipeline is actually really strong,” adding that all current programs are hitting start-of-production timelines. He reaffirmed the company’s two strategic focus areas: growth in royalties and Gen 3 unit sales. With GSR set to drive significant royalty expansion through to July 2026, McGlone expressed confidence in the company’s growth trajectory. Visit Proactive’s YouTube channel for more videos, and don’t forget to give the video a like, subscribe to the channel and enable notifications for future content. #SeeingMachines #PaulMcGlone #GuardianGen3 #AutomotiveTechnology #DriverMonitoring #FleetSafety #CostReduction #Profitability2025 #GSR #VehicleSafety #AftermarketSales #Autotech #RFQs #ProactiveInvestors