View Past PerformanceSmart Eye バランスシートの健全性財務の健全性 基準チェック /26Smart Eyeの総株主資本はSEK1.4B 、総負債はSEK374.0Mで、負債比率は27.4%となります。総資産と総負債はそれぞれSEK2.0BとSEK655.3Mです。主要情報27.39%負債資本比率SEK 373.98m負債インタレスト・カバレッジ・レシオn/a現金SEK 99.96mエクイティSEK 1.37b負債合計SEK 655.35m総資産SEK 2.02b財務の健全性に関する最新情報分析記事 • Apr 17Here's Why Smart Eye (STO:SEYE) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Nov 10Is Smart Eye (STO:SEYE) In A Good Position To Invest In Growth?Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Jul 29We Think Smart Eye (STO:SEYE) Can Easily Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...分析記事 • Feb 17Is Smart Eye (STO:SEYE) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updates分析記事 • May 21Smart Eye AB (publ) (STO:SEYE) Released Earnings Last Week And Analysts Lifted Their Price Target To kr114The investors in Smart Eye AB (publ) 's ( STO:SEYE ) will be rubbing their hands together with glee today, after the...New Risk • May 08New major risk - Revenue and earnings growthEarnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-kr156m).Reported Earnings • Apr 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: kr4.55 loss per share (improved from kr6.23 loss in FY 2024). Revenue: kr403.7m (up 14% from FY 2024). Net loss: kr172.8m (loss narrowed 25% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16Smart Eye AB (publ), Annual General Meeting, May 19, 2026Smart Eye AB (publ), Annual General Meeting, May 19, 2026, at 16:30 W. Europe Standard Time. Location: masthamnsgatan 3, floor 3, se-413 27 gothenburg, gothenburg Swedenお知らせ • Feb 25Smart Eye AB (publ) (OM:SEYE) completed the acquisition of Sightic Analytics Ab.Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million on February 4, 2026. The consideration consists of 724,544 newly issued shares in Smart Eye and SEK 567 in cash. Smart Eye AB (publ) will pay an earnout/contingent payment of SEK 50 million cash. As part of consideration, SEK 110.5 million is paid towards common equity of Sightic Analytics Ab. The transaction is subject to approval by Swedish Inspectorate of Strategic Products (ISP). The expected completion of the transaction is March 31, 2026. Smart Eye AB (publ) (OM:SEYE) completed the acquisition of Sightic Analytics Ab on February 24, 2026.Breakeven Date Change • Feb 19Forecast breakeven date moved forward to 2026The 2 analysts covering Smart Eye previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr57.6m in 2026. Earnings growth of 84% is required to achieve expected profit on schedule.Reported Earnings • Feb 18Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: kr4.59 loss per share (improved from kr6.23 loss in FY 2024). Revenue: kr403.7m (up 14% from FY 2024). Net loss: kr172.8m (loss narrowed 25% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 18Smart Eye AB (publ) to Report Q4, 2025 Results on Feb 17, 2026Smart Eye AB (publ) announced that they will report Q4, 2025 results on Feb 17, 2026お知らせ • Feb 17+ 2 more updatesSmart Eye AB (publ) to Report Q1, 2026 Results on May 18, 2026Smart Eye AB (publ) announced that they will report Q1, 2026 results on May 18, 2026お知らせ • Feb 04Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million.Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million on February 4, 2026. The consideration consists of common equity of Smart Eye AB (publ) having a value of SEK 56.7 million to be issued for common equity of Sightic Analytics Ab. Smart Eye AB (publ) will pay an earnout/contingent payment of SEK 50 million cash. As part of consideration, SEK 110.5 million is paid towards common equity of Sightic Analytics Ab. The transaction is subject to approval by Swedish Inspectorate of Strategic Products (ISP). The expected completion of the transaction is March 31, 2026.お知らせ • Jan 09Smart Eye and Airy3D Announces a Joint In-Cabin Monitoring DemonstrationSmart Eye and Airy3D announced a joint in-cabin monitoring demonstration that will be showcased at CES 2026, at the Smart Eye booth. The live demo highlights how next-generation driver and occupant monitoring can be achieved using a single passive 3D sensor, simplifying system design while maintaining performance under real-world conditions. The demonstration combines Smart Eye's eye tracking and 3D body-posture monitoring software with a single automotive image sensor enhanced by DepthIQ, Airy3D's flagship technology. By reducing the need for multiple sensors or complex active illumination, the joint solution addresses key automotive constraints around cost, size, power consumption, and system complexity.お知らせ • Jan 05Smart Eye and Green Hills Software Demonstrate Integrated Driver Monitoring and Mixed-Criticality Platform for Modern Vehicle Architectures At Ces 2026Smart Eye and Green Hills Software announced a joint demonstration at CES 2026 highlighting how safety-critical driver monitoring can be seamlessly integrated into modern, consolidated automotive software-defined vehicle architectures. Together, Smart Eye and Green Hills are demonstrating a production-ready foundation for OEMs and Tier 1s seeking to accelerate the development and deployment of safe and secure driver monitoring on modern, software-defined vehicle architectures. The combined solution helps automakers reduce integration complexity, shorten validation cycles, and meet the growing safety and regulatory requirements for driver monitoring, including the EU General Safety Regulation (GSR) and the European New Car Assessment Programme (Euro NCAP). Built on production-grade software, the demo showcases Smart Eye's driver monitoring software running alongside a digital instrument cluster on a single automotive engine control unit (ECU) powered by Green Hills Software's ASIL-certified INTEGRITY®? real-time operating system (RTOS). The solution demonstrates how mixed-critical applications - like Smart Eye's safety-critical DMS - can run safely and securely on the same compute platform while maintaining proven isolation and freedom-from-interference from other areas of the platform. To illustrate this architecture in action, the demo is part of a network of multiple in-vehicle ECUs, a cloud-connected gateway, and a driving simulation environment. Real-world driving events generated by the CARLA simulation are fed into the vehicle network, triggering visual alerts on the instrument cluster. When Smart Eye's software detects driver distraction, the system broadcasts a DMS event across the network, prompting the cluster to display a " driver break needed" or "attention" warning on the cluster panel. These events are simultaneously logged by the gateway ECU and transmitted to the cloud by the gateway ECU for analytics and diagnostics. The demonstration also highlights Green Hills Software's ASIL -certified next-generation development environment, giving developers a unified view across all applications and ECUs. In an intuitive graphical timeline display, engineers can trace events, monitor network messaging, and debug interactions across the cluster, gateway, zonal controller, and driver monitoring applications - significantly increasing developer productivity while reducing development and integration time. Smart Eye and Green Hills Software will showcase their integrated automotive platform at CES 2026, January 6-9, in the Green Hills Software booth #6227 in the West Hall of the Las Vegas Convention Center. For OEMs and partners interested in a demonstration, meeting requests can be submitted at the demonstration.お知らせ • Jan 03Smart Eye Brings Breakthrough Impairment Detection and Advanced In-Cabin Intelligence to CES 2026Smart Eye returns to CES 2026 with a lineup that shows how in-cabin intelligence is progressing from isolated features to a more connected approach to understanding what happens inside the vehicle. The demonstrations combine new breakthroughs in understanding driver and occupant behavior with integration approaches designed to fit naturally into modern cockpit and electronic architectures. At the center of the showcase is Smart Eye's real-time alcohol impairment detection, named a CES 2026 Innovation Awards®? Honoree. Built on real-world driving data, the feature identifies behavioral indicators of impaired driving without requiring new hardware or intrusive sensors. Already shipping to customers through Smart Eye's AIS system, it offers a practical path for OEMs preparing for evolving global safety requirements, while keeping the sensing footprint small and unobtrusive. Beyond impairment detection, Smart Eye will present demonstrations that bring deeper behavioral understanding and clean integration together in the cabin. Visitors will experience: Sheila, the Empathetic In-Cabin Co-Driver. A context-aware AI assistant that adjusts tone, behavior, and responses based on driver state, interaction cues, and in-cabin context. Bank-level Iris Authentication. Camera-based identification that enables secure access, personalization, and protected digital services. Under-Display Camera Integrations. Fully hidden DMS integrations behind the instrument cluster display, offering ideal imaging geometry with no visible hardware. AIS Driver Support System. A compact, compliance-ready system for small-volume OEMs and fleets. AI ONE. A compact, all-in-one DMS unit engineered for low compute load, fast integration, and seamless fit within the cabin, including placement inside the rear-view mirror. Concept Development Kits (CDKs) Evaluation kits that help OEMs and Tier 1s test DMS and Interior Sensing capabilities early in development and on existing platforms. Together, these demonstrations show how more precise understanding of driver and occupant behavior can be built into solutions that are practical to package, scale, and bring into production. Smart Eye technologies will also be featured in demonstrations across several partner booths at CES 2026, including Green Hills Software, Renesas, and Alps Alpine.New Risk • Nov 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr171m). Share price has been volatile over the past 3 months (8.3% average weekly change).Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: kr99.1m (up 25% from 3Q 2024). Net loss: kr30.7m (loss narrowed 43% from 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 30Why Investors Shouldn't Be Surprised By Smart Eye AB (publ)'s (STO:SEYE) 27% Share Price SurgeSmart Eye AB (publ) ( STO:SEYE ) shareholders would be excited to see that the share price has had a great month...Reported Earnings • Aug 27Second quarter 2025 earnings released: kr1.00 loss per share (vs kr1.46 loss in 2Q 2024)Second quarter 2025 results: kr1.00 loss per share (improved from kr1.46 loss in 2Q 2024). Revenue: kr92.1m (up 2.8% from 2Q 2024). Net loss: kr37.4m (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Cecilia Wachtmeister was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 12+ 1 more updateSmart Eye Introduces AI ONE: A Full-Feature DMS in A Single Compact UnitSmart Eye announced the launch of AI ONE: a complete DMS built into one compact, self-contained unit. With camera, image sensor, processing hardware, and software integrated from the start, AI ONE connects directly to the vehicle network — no external ECU or domain controller required. By combining all core components into a single unit, AI ONE removes the need for external ECUs and extensive cabling. For manufacturers, that means fewer integration points, faster development, and a DMS that fits into tighter spaces and leaner system designs. AI ONE is especially well suited for vehicle platforms with limited space and constrained processing resources. It also enables direct integration with ADAS, supporting real-time coordination between driver state detection and safety-critical systems.分析記事 • May 16These Analysts Think Smart Eye AB (publ)'s (STO:SEYE) Sales Are Under ThreatThe analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...お知らせ • May 14Smart Eye Aktiebolag (publ) Approves the Election of New Board DirectorsSmart Eye Aktiebolag (publ) at its AGM held on 13 May 2025, approved the election of Maria Hedengren and Andreas Anyuru as new members of the Board of Directors.New Risk • May 13New major risk - Revenue and earnings growthEarnings have declined by 9.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr221m free cash flow). Earnings have declined by 9.7% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr26m net loss next year). Share price has been volatile over the past 3 months (11% average weekly change).Major Estimate Revision • May 08Consensus EPS estimates fall by 45%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr532.5m to kr501.2m. Losses expected to increase from kr2.46 per share to kr3.56. Electronic industry in Sweden expected to see average net income growth of 42% next year. Consensus price target down from kr124 to kr114. Share price fell 6.7% to kr53.65 over the past week.Price Target Changed • May 08Price target decreased by 8.5% to kr114Down from kr124, the current price target is an average from 2 analysts. New target price is 112% above last closing price of kr53.65. Stock is down 33% over the past year. The company is forecast to post a net loss per share of kr3.56 next year compared to a net loss per share of kr6.23 last year.分析記事 • May 02Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 26% Share Price BounceThe Smart Eye AB (publ) ( STO:SEYE ) share price has done very well over the last month, posting an excellent gain of...分析記事 • Apr 17Here's Why Smart Eye (STO:SEYE) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Apr 16Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: kr6.23 loss per share (further deteriorated from kr2.14 loss in FY 2023). Revenue: kr355.0m (up 18% from FY 2023). Net loss: kr230.4m (loss widened 205% from FY 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • Apr 15+ 1 more updateSmart Eye AB (publ) to Report First Half, 2025 Results on Aug 15, 2025Smart Eye AB (publ) announced that they will report first half, 2025 results on Aug 15, 2025お知らせ • Apr 11Smart Eye AB (publ), Annual General Meeting, May 13, 2025Smart Eye AB (publ), Annual General Meeting, May 13, 2025, at 16:00 W. Europe Standard Time. Location: masthamnsgatan 3, floor 3, se-413 27, gothenburg Sweden分析記事 • Feb 27Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 25% Share Price BounceSmart Eye AB (publ) ( STO:SEYE ) shareholders are no doubt pleased to see that the share price has bounced 25% in the...Reported Earnings • Feb 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: kr6.29 loss per share (further deteriorated from kr2.15 loss in FY 2023). Revenue: kr355.0m (up 18% from FY 2023). Net loss: kr230.4m (loss widened 205% from FY 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr222m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Significant insider selling over the past 3 months (kr5.5m sold).Recent Insider Transactions • Jan 22Founder & CEO recently sold kr3.1m worth of stockOn the 17th of January, Martin Krantz sold around 53k shares on-market at roughly kr57.74 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Martin has been a net seller over the last 12 months, reducing personal holdings by kr5.5m.分析記事 • Jan 11Smart Eye AB (publ)'s (STO:SEYE) P/S Still Appears To Be ReasonableWhen close to half the companies in the Electronic industry in Sweden have price-to-sales ratios (or "P/S") below 1.3x...お知らせ • Jan 07Smart Eye Launches New AIS+ System at CES 2025: Introducing Key Functionality to Its Fleet Driver Safety SystemSmart Eye unveiled AIS+, the latest evolution of its award-winning safety system for small-volume OEMs and aftermarket installation in vehicle fleets. Designed to improve driver safety, AIS+ introduces two game-changing features: real-time vibration alerts and secure video recording. AIS+, like its predecessor, leverages Smart Eye’s proven AI technology to detect and address driver drowsiness and distraction. Now, with haptic seat alerts and optional video recording, AIS+ strengthens its position as an essential solution for fleet operators and vehicle manufacturers in preventing accidents and improving safety outcomes. The new haptic alert system uses seat vibrations to help drivers refocus their attention on the road. This feature adds to the existing auditory and visual alerts, giving users flexibility in how they customize the system to meet their needs. Haptic alerts are particularly beneficial in commercial vehicles, such as buses, where sound or light might disturb passengers. AIS+ also introduces optional video recording, enabling the system to store up to 100 hours of footage on an SD card. This capability provides fleet operators with valuable insights into both driver behavior and system performance. Users can also choose to disable video recording altogether, ensuring that no footage is stored without explicit user consent. This new product builds on Smart Eye’s 25 years of experience in automotive safety and AI innovation. With over 2 million vehicles on the road equipped with Smart Eye’s driver monitoring software, AIS+ continues to deliver cutting-edge safety features while ensuring seamless integration into fleet management systems like Geotab.Recent Insider Transactions • Dec 01Founder & CEO recently sold kr2.4m worth of stockOn the 27th of November, Martin Krantz sold around 41k shares on-market at roughly kr59.73 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months.分析記事 • Nov 20Analyst Forecasts Just Became More Bearish On Smart Eye AB (publ) (STO:SEYE)The analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...Price Target Changed • Nov 19Price target decreased by 11% to kr120Down from kr135, the current price target is an average from 2 analysts. New target price is 104% above last closing price of kr58.70. Stock is down 6.5% over the past year. The company is forecast to post a net loss per share of kr5.80 next year compared to a net loss per share of kr2.15 last year.Breakeven Date Change • Nov 17Forecast to breakeven in 2026The 2 analysts covering Smart Eye expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr345.4m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule.Reported Earnings • Nov 15Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr79.1m (up 1.7% from 3Q 2023). Net loss: kr53.9m (loss narrowed 13% from 3Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • Oct 11Smart Eye AB (Publ) Announces Nomination Committee AppointmentsAt Smart Eye AB's Annual General Meeting 2024, it was decided that the nomination committee for the 2025 Annual General Meeting will consist of one representative from each of the four largest shareholders as of the last banking day in August of the current year. The Chair of the Board may also be co-opted to the meetings but does not have voting rights. In accordance with this decision, the four largest shareholders based on ownership as of August 31, 2024, have been offered a position on Smart Eye's nomination committee, and the following committee has now been formed: Anna Magnusson (appointed by Första AP-fonden), Chair of the Nomination Committee, Malin Björkmo (appointed by Handelsbanken Fonder), Mary Irwin (appointed by the Krantz family), Linda Jöfelt (appointed by the Jöfelt family). The appointed nomination committee represents approximately 28% of the voting rights of the outstanding shares in Smart Eye. The nomination committee's tasks ahead of the 2025 Annual General Meeting include preparing proposals for the meeting chair, the number of board members, remuneration for each of the board members, the election of board members and the Chair of the Board, remuneration for the auditor, and the selection of an auditor. Additionally, if deemed necessary, the committee may propose amendments to its own instructions.お知らせ • Oct 08Smart Eye’S Ais Driver Support System Confirms for Regulatory Approval Homologation with Leading Bus Manufacturer SolarisSmart Eye announced that its AIS Commercial Vehicle Alert driver support system has successfully passed homologation with Polish bus manufacturer Solaris . This certification ensures compliance with the EU's General Safety Regulation, which mandates the use of advanced drowsiness detection technology in all new trucks, buses, and cars. Solaris, a leading manufacturer of city and intercity buses in Europe, is one of the first to achieve homologation with Smart Eye's AIS CV Alert system, closely following another European bus manufacturer's successful certification. First launched in October 2023, AIS CV Alert was designed to provide bus and truck manufacturers with an in-cabin solution that offers precise drowsiness detection and guarantees immediate GSR compliance. Using sophisticated computer vision and AI, the system detects early signs of drowsiness, helping to prevent accidents. To deploy the AIS CV Alert system at Solaris, Smart Eye partnered with Skymatik, a company specializing in advanced automation and integration solutions. Together, they supported Solaris in successfully implementing the system, achieving full compliance with EU GSR regulations. Smart Eye's AIS driver support system line not only meets today's regulatory requirements but also provides the flexibility to adapt to future safety demands, including the GSR's mandate on camera-based driver distraction detection. This new mandate came into force for all new type-registered vehicles in July 2024 and will encompass all new vehicles from July 2026. To address this, Smart Eye also recently launched AIS Focus, a system specifically designed to detect driver distraction in real-time, ensuring compliance with evolving GSR standards.分析記事 • Sep 14Smart Eye AB (publ)'s (STO:SEYE) 27% Cheaper Price Remains In Tune With RevenuesThe Smart Eye AB (publ) ( STO:SEYE ) share price has fared very poorly over the last month, falling by a substantial...Major Estimate Revision • Sep 12Consensus EPS estimates fall by 42%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr389.5m to kr395.1m. Forecast EPS reduced from -kr3.62 to -kr5.13 per share. Electronic industry in Sweden expected to see average net income growth of 57% next year. Consensus price target broadly unchanged at kr133. Share price fell 2.8% to kr76.40 over the past week.Price Target Changed • Sep 11Price target decreased by 7.0% to kr133Down from kr143, the current price target is an average from 2 analysts. New target price is 67% above last closing price of kr79.30. Stock is up 53% over the past year. The company is forecast to post a net loss per share of kr5.13 next year compared to a net loss per share of kr2.15 last year.Major Estimate Revision • Aug 28Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr433.7m to kr389.5m. EPS estimate unchanged from -kr3.62 per share at last update. Electronic industry in Sweden expected to see average net income growth of 48% next year. Consensus price target down from kr143 to kr135. Share price fell 6.9% to kr83.40 over the past week.分析記事 • Aug 26Revenue Downgrade: Here's What Analysts Forecast For Smart Eye AB (publ) (STO:SEYE)The analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...Reported Earnings • Aug 22Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr89.6m (up 30% from 2Q 2023). Net loss: kr54.2m (loss narrowed 21% from 2Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 21+ 2 more updatesSmart Eye AB (publ) to Report Q1, 2025 Results on May 13, 2025Smart Eye AB (publ) announced that they will report Q1, 2025 results on May 13, 2025Recent Insider Transactions • Jun 09Independent Vice Chairman of the Board recently bought kr2.3m worth of stockOn the 4th of June, Lars Olofsson bought around 21k shares on-market at roughly kr108 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lars has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares.分析記事 • May 21Why Investors Shouldn't Be Surprised By Smart Eye AB (publ)'s (STO:SEYE) 25% Share Price SurgeDespite an already strong run, Smart Eye AB (publ) ( STO:SEYE ) shares have been powering on, with a gain of 25% in the...Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr86.1m (up 34% from 1Q 2023). Net loss: kr56.5m (loss narrowed 31% from 1Q 2023). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 28% per year.New Risk • May 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr51m net loss in 2 years). Shareholders have been diluted in the past year (5.9% increase in shares outstanding).Reported Earnings • Apr 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: kr2.15 loss per share (improved from kr12.98 loss in FY 2022). Revenue: kr302.2m (up 38% from FY 2022). Net loss: kr75.5m (loss narrowed 78% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Apr 17Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr461.3m to kr454.7m. Losses expected to increase from kr2.73 per share to kr3.54. Electronic industry in Sweden expected to see average net income growth of 47% next year. Consensus price target broadly unchanged at kr139. Share price fell 2.6% to kr77.60 over the past week.New Risk • Mar 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: kr76m Forecast net loss in 2 years: kr33m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr33m net loss in 2 years). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).お知らせ • Mar 23Smart Eye AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 150.15 million.Smart Eye AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 150.15 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,650,000 Price\Range: SEK 91 Transaction Features: Subsequent Direct ListingNew Risk • Mar 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr217m). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).分析記事 • Mar 14Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Smart Eye AB (publ) ( STO:SEYE ) shares have been powering on, with a gain of 28% in the...Breakeven Date Change • Feb 27Forecast to breakeven in 2026The 2 analysts covering Smart Eye expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 38% per year to 2025. The company is expected to make a profit of kr425.3m in 2026. Average annual earnings growth of 73% is required to achieve expected profit on schedule.Reported Earnings • Feb 22Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: kr2.15 loss per share (improved from kr15.31 loss in FY 2022). Revenue: kr302.2m (up 38% from FY 2022). Net loss: kr75.5m (loss narrowed 78% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 30% per year.お知らせ • Feb 21+ 2 more updatesSmart Eye AB (publ), Annual General Meeting, May 17, 2024Smart Eye AB (publ), Annual General Meeting, May 17, 2024.お知らせ • Jan 05Smart Eye to Showcase Existing Automotive Technologies Along with Recent Innovations at CES 2024 in Las VegasSmart Eye announced that it will showcase its leading existing automotive technologies along with recent ground-breaking innovations at CES 2024 in Las Vegas. From January 9-12, Smart Eye will hold meetings and showcase their demos in Booth #6741 in the West Hall. Recent advances in generative AI are going to dramatically impact how humans engage with vehicle human machine interfaces (HMI) and each other. Smart Eye's newest demo will offer a unique demonstration of how generative AI can elevate road safety and the user experience in next generation vehicles. Through Smart Eye's Emotion AI Prompt Engine, the demo merges advanced automotive sensing with the capabilities of large language models to make an in-car assistant recognize emotions and allow for dynamic human-vehicle interactions. At CES 2024, Smart Eye will also showcase the latest advancements in its road-ready automotive solutions, such as a vehicle buck featuring its Interior Sensing AI and Driver Monitoring System (DMS) software. The booth will also feature a demo of Smart Eye's AIS driver support system for small-volume vehicle manufacturers and aftermarket installation for fleets. Additionally, visitors will be offered a look at Smart Eye's novel Synthetic Data Generation Tool-using virtual avatars in varied vehicle environments to aid the development and validation of AI systems. There will also be a Multimodality Station, demoing iMotions' platform with Smart Eye Pro. It fuses data from multiple sensors, enabling automotive researchers and OEMs to gain deep insight into the user experience and UX design of a vehicle. These insights can then drive OTA updates or be used for development of next generation platforms. In addition to the demos in the Smart Eye booth, Smart Eye technology is also featured in eight demos of key automotive technology partners at CES, including Aptiv, Cerence, Forvia, Green Hills Software, Onsemi and Texas Instruments.分析記事 • Dec 27Smart Eye AB (publ) (STO:SEYE) Stocks Shoot Up 32% But Its P/S Still Looks ReasonableSmart Eye AB (publ) ( STO:SEYE ) shares have continued their recent momentum with a 32% gain in the last month alone...Recent Insider Transactions • Dec 22Independent Vice Chairman of the Board recently bought kr1.8m worth of stockOn the 13th of December, Lars Olofsson bought around 29k shares on-market at roughly kr62.18 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Lars has been a net seller over the last 12 months, reducing personal holdings by kr285k.分析記事 • Nov 12After Leaping 26% Smart Eye AB (publ) (STO:SEYE) Shares Are Not Flying Under The RadarSmart Eye AB (publ) ( STO:SEYE ) shares have had a really impressive month, gaining 26% after a shaky period...Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr77.7m (up 53% from 3Q 2022). Net loss: kr61.8m (loss narrowed 33% from 3Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.お知らせ • Nov 10+ 1 more updateSmart Eye AB (publ) to Report Q1, 2024 Results on May 16, 2024Smart Eye AB (publ) announced that they will report Q1, 2024 results on May 16, 2024分析記事 • Nov 10Is Smart Eye (STO:SEYE) In A Good Position To Invest In Growth?Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Sep 07Smart Eye AB (Publ) Announces 12 Driver Monitoring System Design Wins with New Japanese CustomerSmart Eye will deliver its technology to twelve new car models by a new Japanese OEM customer. The customer is a large Japanese car manufacturer with a global manufacturing footprint, and the new design wins are the result of a long and thorough evaluation process. The new car models, including Smart Eye's technology, will go into production in mid-2025. The estimated revenue for the order is SEK 500 million, based on product life cycle volume projections. Smart Eye has now received a total of up to 229 design wins from 20 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 4.865 billion. The estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is SEK 4.095 billion.Recent Insider Transactions • Sep 04Independent Vice Chairman of the Board recently sold kr2.1m worth of stockOn the 30th of August, Lars Olofsson sold around 45k shares on-market at roughly kr46.38 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr68.8m (up 15% from 2Q 2022). Net loss: kr68.6m (loss narrowed 11% from 2Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.分析記事 • Jul 29We Think Smart Eye (STO:SEYE) Can Easily Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...お知らせ • Jun 21Smart Eye Unveils New Driver Monitoring System Metric to Enhance Road Safety and Driver Health At Incabin Brussels 2023Smart Eye announced it will showcase its new DMS metric at InCabin Brussels, set to take place on June 20-22, 2023. The inclusion of vital signs detection within Smart Eye's leading DMS software empowers fully remote monitoring of heart and respiration rates, fostering improved road safety while ensuring the well-being of drivers. Responding to the demands of automotive OEMs, Smart Eye has developed this innovative metric to address critical aspects of driver health and safety. By tracking the driver's physiological indicators, this new feature enables the early detection of sudden illnesses or unresponsive behavior while operating a vehicle. This capability can prove life-saving in situations where a driver experiences unforeseen health conditions, such as heart attacks or seizures. Additionally, the technology facilitates the transmission of post-crash data, including heart and respiration rates, to emergency responders, ultimately leading to more efficient healthcare interventions. Using AI methods, the new feature analyzes multiple physiological signals to accurately determine the driver's heart and respiration rates. Notably, Smart Eye utilizes remote photoplethysmography (rPPG), a non-contact, camera-based method that measures variations in light reflection from the skin, enabling the estimation of heart rate. Another method employed is micro movement analysis, allowing the software to identify subtle changes in movements associated with breathing or pulse, undetectable to the human eye. Smart Eye's technology uses 940 nanometer wavelength infrared light to detect reflections on the skin, ensuring an unobtrusive user experience. This infrared light also enables detection in the challenging lighting conditions in a moving vehicle, such as darkness or intense sunlight. Smart Eye will showcase this new feature onsite at InCabin Brussels, June 20-22, 20 23.お知らせ • May 17+ 1 more updateSmart Eye AB (publ) to Report Q2, 2023 Results on Aug 30, 2023Smart Eye AB (publ) announced that they will report Q2, 2023 results on Aug 30, 2023Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr64.3m (up 20% from 1Q 2022). Net loss: kr81.6m (loss widened 14% from 1Q 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in Sweden.Major Estimate Revision • Mar 30Consensus revenue estimates decrease by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from kr373.5m to kr325.0m. EPS estimate unchanged from -kr6.07 per share at last update. Electronic industry in Sweden expected to see average net income growth of 47% next year. Consensus price target down from kr168 to kr152. Share price rose 6.8% to kr48.98 over the past week.分析記事 • Mar 29Revenue Downgrade: Here's What Analysts Forecast For Smart Eye AB (publ) (STO:SEYE)One thing we could say about the analysts on Smart Eye AB (publ) ( STO:SEYE ) - they aren't optimistic, having just...Reported Earnings • Mar 24Full year 2022 earnings released: kr15.31 loss per share (vs kr5.99 loss in FY 2021)Full year 2022 results: kr15.31 loss per share (further deteriorated from kr5.99 loss in FY 2021). Revenue: kr219.5m (up 100% from FY 2021). Net loss: kr340.3m (loss widened 156% from FY 2021). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Mar 16At kr50.95, Is It Time To Put Smart Eye AB (publ) (STO:SEYE) On Your Watch List?Smart Eye AB (publ) ( STO:SEYE ), is not the largest company out there, but it led the OM gainers with a relatively...分析記事 • Feb 17Is Smart Eye (STO:SEYE) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 28Smart Eye AB (publ) (STO:SEYE) Shares Could Be 28% Below Their Intrinsic Value EstimateKey Insights Smart Eye's estimated fair value is kr74.2 based on 2 Stage Free Cash Flow to Equity Current share price...お知らせ • Jan 20Smart Eye AB (publ) to Report Fiscal Year 2022 Results on Mar 23, 2023Smart Eye AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Mar 23, 2023分析記事 • Dec 15One Smart Eye AB (publ) (STO:SEYE) Analyst Just Made A Major Cut To Next Year's EstimatesOne thing we could say about the covering analyst on Smart Eye AB (publ) ( STO:SEYE ) - they aren't optimistic, having...Major Estimate Revision • Dec 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr246.0m to kr220.0m. EPS estimate increased from -kr10.00 to -kr8.10 per share. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target down from kr220 to kr155. Share price rose 11% to kr42.14 over the past week.Breakeven Date Change • Dec 13No longer forecast to breakevenThe analyst covering Smart Eye no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr99.0m in 2024. New forecast suggests the company will make a loss of kr36.0m in 2024.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Eva Elmstedt was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 22Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: kr50.9m (up 65% from 3Q 2021). Net loss: kr92.7m (loss widened 98% from 3Q 2021). Revenue missed analyst estimates by 20%. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden.財務状況分析短期負債: SEYEの 短期資産 ( SEK327.8M ) が 短期負債 ( SEK180.4M ) を超えています。長期負債: SEYEの短期資産 ( SEK327.8M ) は 長期負債 ( SEK474.9M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: SEYEの 純負債対資本比率 ( 20.1% ) は 満足できる 水準であると考えられます。負債の削減: SEYEの負債対資本比率は、過去 5 年間で0.3%から27.4%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: SEYEは、現在の フリーキャッシュフロー に基づくと、キャッシュランウェイ が 1 年未満です。キャッシュランウェイの予測: SEYEの フリー キャッシュ フロー が過去のレートに基づいて増加または減少し続ける場合、十分な キャッシュ ランウェイ があるかどうかを判断するためのデータが不十分です。健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/23 21:07終値2026/06/23 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Smart Eye AB (publ) 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Mikael LaséenDNB CarnegieJacob BenonRedeye
分析記事 • Apr 17Here's Why Smart Eye (STO:SEYE) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Nov 10Is Smart Eye (STO:SEYE) In A Good Position To Invest In Growth?Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Jul 29We Think Smart Eye (STO:SEYE) Can Easily Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
分析記事 • Feb 17Is Smart Eye (STO:SEYE) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 21Smart Eye AB (publ) (STO:SEYE) Released Earnings Last Week And Analysts Lifted Their Price Target To kr114The investors in Smart Eye AB (publ) 's ( STO:SEYE ) will be rubbing their hands together with glee today, after the...
New Risk • May 08New major risk - Revenue and earnings growthEarnings have declined by 4.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.8% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-kr156m).
Reported Earnings • Apr 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: kr4.55 loss per share (improved from kr6.23 loss in FY 2024). Revenue: kr403.7m (up 14% from FY 2024). Net loss: kr172.8m (loss narrowed 25% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16Smart Eye AB (publ), Annual General Meeting, May 19, 2026Smart Eye AB (publ), Annual General Meeting, May 19, 2026, at 16:30 W. Europe Standard Time. Location: masthamnsgatan 3, floor 3, se-413 27 gothenburg, gothenburg Sweden
お知らせ • Feb 25Smart Eye AB (publ) (OM:SEYE) completed the acquisition of Sightic Analytics Ab.Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million on February 4, 2026. The consideration consists of 724,544 newly issued shares in Smart Eye and SEK 567 in cash. Smart Eye AB (publ) will pay an earnout/contingent payment of SEK 50 million cash. As part of consideration, SEK 110.5 million is paid towards common equity of Sightic Analytics Ab. The transaction is subject to approval by Swedish Inspectorate of Strategic Products (ISP). The expected completion of the transaction is March 31, 2026. Smart Eye AB (publ) (OM:SEYE) completed the acquisition of Sightic Analytics Ab on February 24, 2026.
Breakeven Date Change • Feb 19Forecast breakeven date moved forward to 2026The 2 analysts covering Smart Eye previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of kr57.6m in 2026. Earnings growth of 84% is required to achieve expected profit on schedule.
Reported Earnings • Feb 18Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: kr4.59 loss per share (improved from kr6.23 loss in FY 2024). Revenue: kr403.7m (up 14% from FY 2024). Net loss: kr172.8m (loss narrowed 25% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 18Smart Eye AB (publ) to Report Q4, 2025 Results on Feb 17, 2026Smart Eye AB (publ) announced that they will report Q4, 2025 results on Feb 17, 2026
お知らせ • Feb 17+ 2 more updatesSmart Eye AB (publ) to Report Q1, 2026 Results on May 18, 2026Smart Eye AB (publ) announced that they will report Q1, 2026 results on May 18, 2026
お知らせ • Feb 04Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million.Smart Eye AB (publ) (OM:SEYE) entered into an agreement to acquire Sightic Analytics Ab for approximately SEK 110 million on February 4, 2026. The consideration consists of common equity of Smart Eye AB (publ) having a value of SEK 56.7 million to be issued for common equity of Sightic Analytics Ab. Smart Eye AB (publ) will pay an earnout/contingent payment of SEK 50 million cash. As part of consideration, SEK 110.5 million is paid towards common equity of Sightic Analytics Ab. The transaction is subject to approval by Swedish Inspectorate of Strategic Products (ISP). The expected completion of the transaction is March 31, 2026.
お知らせ • Jan 09Smart Eye and Airy3D Announces a Joint In-Cabin Monitoring DemonstrationSmart Eye and Airy3D announced a joint in-cabin monitoring demonstration that will be showcased at CES 2026, at the Smart Eye booth. The live demo highlights how next-generation driver and occupant monitoring can be achieved using a single passive 3D sensor, simplifying system design while maintaining performance under real-world conditions. The demonstration combines Smart Eye's eye tracking and 3D body-posture monitoring software with a single automotive image sensor enhanced by DepthIQ, Airy3D's flagship technology. By reducing the need for multiple sensors or complex active illumination, the joint solution addresses key automotive constraints around cost, size, power consumption, and system complexity.
お知らせ • Jan 05Smart Eye and Green Hills Software Demonstrate Integrated Driver Monitoring and Mixed-Criticality Platform for Modern Vehicle Architectures At Ces 2026Smart Eye and Green Hills Software announced a joint demonstration at CES 2026 highlighting how safety-critical driver monitoring can be seamlessly integrated into modern, consolidated automotive software-defined vehicle architectures. Together, Smart Eye and Green Hills are demonstrating a production-ready foundation for OEMs and Tier 1s seeking to accelerate the development and deployment of safe and secure driver monitoring on modern, software-defined vehicle architectures. The combined solution helps automakers reduce integration complexity, shorten validation cycles, and meet the growing safety and regulatory requirements for driver monitoring, including the EU General Safety Regulation (GSR) and the European New Car Assessment Programme (Euro NCAP). Built on production-grade software, the demo showcases Smart Eye's driver monitoring software running alongside a digital instrument cluster on a single automotive engine control unit (ECU) powered by Green Hills Software's ASIL-certified INTEGRITY®? real-time operating system (RTOS). The solution demonstrates how mixed-critical applications - like Smart Eye's safety-critical DMS - can run safely and securely on the same compute platform while maintaining proven isolation and freedom-from-interference from other areas of the platform. To illustrate this architecture in action, the demo is part of a network of multiple in-vehicle ECUs, a cloud-connected gateway, and a driving simulation environment. Real-world driving events generated by the CARLA simulation are fed into the vehicle network, triggering visual alerts on the instrument cluster. When Smart Eye's software detects driver distraction, the system broadcasts a DMS event across the network, prompting the cluster to display a " driver break needed" or "attention" warning on the cluster panel. These events are simultaneously logged by the gateway ECU and transmitted to the cloud by the gateway ECU for analytics and diagnostics. The demonstration also highlights Green Hills Software's ASIL -certified next-generation development environment, giving developers a unified view across all applications and ECUs. In an intuitive graphical timeline display, engineers can trace events, monitor network messaging, and debug interactions across the cluster, gateway, zonal controller, and driver monitoring applications - significantly increasing developer productivity while reducing development and integration time. Smart Eye and Green Hills Software will showcase their integrated automotive platform at CES 2026, January 6-9, in the Green Hills Software booth #6227 in the West Hall of the Las Vegas Convention Center. For OEMs and partners interested in a demonstration, meeting requests can be submitted at the demonstration.
お知らせ • Jan 03Smart Eye Brings Breakthrough Impairment Detection and Advanced In-Cabin Intelligence to CES 2026Smart Eye returns to CES 2026 with a lineup that shows how in-cabin intelligence is progressing from isolated features to a more connected approach to understanding what happens inside the vehicle. The demonstrations combine new breakthroughs in understanding driver and occupant behavior with integration approaches designed to fit naturally into modern cockpit and electronic architectures. At the center of the showcase is Smart Eye's real-time alcohol impairment detection, named a CES 2026 Innovation Awards®? Honoree. Built on real-world driving data, the feature identifies behavioral indicators of impaired driving without requiring new hardware or intrusive sensors. Already shipping to customers through Smart Eye's AIS system, it offers a practical path for OEMs preparing for evolving global safety requirements, while keeping the sensing footprint small and unobtrusive. Beyond impairment detection, Smart Eye will present demonstrations that bring deeper behavioral understanding and clean integration together in the cabin. Visitors will experience: Sheila, the Empathetic In-Cabin Co-Driver. A context-aware AI assistant that adjusts tone, behavior, and responses based on driver state, interaction cues, and in-cabin context. Bank-level Iris Authentication. Camera-based identification that enables secure access, personalization, and protected digital services. Under-Display Camera Integrations. Fully hidden DMS integrations behind the instrument cluster display, offering ideal imaging geometry with no visible hardware. AIS Driver Support System. A compact, compliance-ready system for small-volume OEMs and fleets. AI ONE. A compact, all-in-one DMS unit engineered for low compute load, fast integration, and seamless fit within the cabin, including placement inside the rear-view mirror. Concept Development Kits (CDKs) Evaluation kits that help OEMs and Tier 1s test DMS and Interior Sensing capabilities early in development and on existing platforms. Together, these demonstrations show how more precise understanding of driver and occupant behavior can be built into solutions that are practical to package, scale, and bring into production. Smart Eye technologies will also be featured in demonstrations across several partner booths at CES 2026, including Green Hills Software, Renesas, and Alps Alpine.
New Risk • Nov 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr171m). Share price has been volatile over the past 3 months (8.3% average weekly change).
Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: kr99.1m (up 25% from 3Q 2024). Net loss: kr30.7m (loss narrowed 43% from 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 30Why Investors Shouldn't Be Surprised By Smart Eye AB (publ)'s (STO:SEYE) 27% Share Price SurgeSmart Eye AB (publ) ( STO:SEYE ) shareholders would be excited to see that the share price has had a great month...
Reported Earnings • Aug 27Second quarter 2025 earnings released: kr1.00 loss per share (vs kr1.46 loss in 2Q 2024)Second quarter 2025 results: kr1.00 loss per share (improved from kr1.46 loss in 2Q 2024). Revenue: kr92.1m (up 2.8% from 2Q 2024). Net loss: kr37.4m (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Cecilia Wachtmeister was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 12+ 1 more updateSmart Eye Introduces AI ONE: A Full-Feature DMS in A Single Compact UnitSmart Eye announced the launch of AI ONE: a complete DMS built into one compact, self-contained unit. With camera, image sensor, processing hardware, and software integrated from the start, AI ONE connects directly to the vehicle network — no external ECU or domain controller required. By combining all core components into a single unit, AI ONE removes the need for external ECUs and extensive cabling. For manufacturers, that means fewer integration points, faster development, and a DMS that fits into tighter spaces and leaner system designs. AI ONE is especially well suited for vehicle platforms with limited space and constrained processing resources. It also enables direct integration with ADAS, supporting real-time coordination between driver state detection and safety-critical systems.
分析記事 • May 16These Analysts Think Smart Eye AB (publ)'s (STO:SEYE) Sales Are Under ThreatThe analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...
お知らせ • May 14Smart Eye Aktiebolag (publ) Approves the Election of New Board DirectorsSmart Eye Aktiebolag (publ) at its AGM held on 13 May 2025, approved the election of Maria Hedengren and Andreas Anyuru as new members of the Board of Directors.
New Risk • May 13New major risk - Revenue and earnings growthEarnings have declined by 9.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr221m free cash flow). Earnings have declined by 9.7% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr26m net loss next year). Share price has been volatile over the past 3 months (11% average weekly change).
Major Estimate Revision • May 08Consensus EPS estimates fall by 45%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr532.5m to kr501.2m. Losses expected to increase from kr2.46 per share to kr3.56. Electronic industry in Sweden expected to see average net income growth of 42% next year. Consensus price target down from kr124 to kr114. Share price fell 6.7% to kr53.65 over the past week.
Price Target Changed • May 08Price target decreased by 8.5% to kr114Down from kr124, the current price target is an average from 2 analysts. New target price is 112% above last closing price of kr53.65. Stock is down 33% over the past year. The company is forecast to post a net loss per share of kr3.56 next year compared to a net loss per share of kr6.23 last year.
分析記事 • May 02Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 26% Share Price BounceThe Smart Eye AB (publ) ( STO:SEYE ) share price has done very well over the last month, posting an excellent gain of...
分析記事 • Apr 17Here's Why Smart Eye (STO:SEYE) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Apr 16Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: kr6.23 loss per share (further deteriorated from kr2.14 loss in FY 2023). Revenue: kr355.0m (up 18% from FY 2023). Net loss: kr230.4m (loss widened 205% from FY 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • Apr 15+ 1 more updateSmart Eye AB (publ) to Report First Half, 2025 Results on Aug 15, 2025Smart Eye AB (publ) announced that they will report first half, 2025 results on Aug 15, 2025
お知らせ • Apr 11Smart Eye AB (publ), Annual General Meeting, May 13, 2025Smart Eye AB (publ), Annual General Meeting, May 13, 2025, at 16:00 W. Europe Standard Time. Location: masthamnsgatan 3, floor 3, se-413 27, gothenburg Sweden
分析記事 • Feb 27Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 25% Share Price BounceSmart Eye AB (publ) ( STO:SEYE ) shareholders are no doubt pleased to see that the share price has bounced 25% in the...
Reported Earnings • Feb 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: kr6.29 loss per share (further deteriorated from kr2.15 loss in FY 2023). Revenue: kr355.0m (up 18% from FY 2023). Net loss: kr230.4m (loss widened 205% from FY 2023). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 7.4%. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr222m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Significant insider selling over the past 3 months (kr5.5m sold).
Recent Insider Transactions • Jan 22Founder & CEO recently sold kr3.1m worth of stockOn the 17th of January, Martin Krantz sold around 53k shares on-market at roughly kr57.74 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Martin has been a net seller over the last 12 months, reducing personal holdings by kr5.5m.
分析記事 • Jan 11Smart Eye AB (publ)'s (STO:SEYE) P/S Still Appears To Be ReasonableWhen close to half the companies in the Electronic industry in Sweden have price-to-sales ratios (or "P/S") below 1.3x...
お知らせ • Jan 07Smart Eye Launches New AIS+ System at CES 2025: Introducing Key Functionality to Its Fleet Driver Safety SystemSmart Eye unveiled AIS+, the latest evolution of its award-winning safety system for small-volume OEMs and aftermarket installation in vehicle fleets. Designed to improve driver safety, AIS+ introduces two game-changing features: real-time vibration alerts and secure video recording. AIS+, like its predecessor, leverages Smart Eye’s proven AI technology to detect and address driver drowsiness and distraction. Now, with haptic seat alerts and optional video recording, AIS+ strengthens its position as an essential solution for fleet operators and vehicle manufacturers in preventing accidents and improving safety outcomes. The new haptic alert system uses seat vibrations to help drivers refocus their attention on the road. This feature adds to the existing auditory and visual alerts, giving users flexibility in how they customize the system to meet their needs. Haptic alerts are particularly beneficial in commercial vehicles, such as buses, where sound or light might disturb passengers. AIS+ also introduces optional video recording, enabling the system to store up to 100 hours of footage on an SD card. This capability provides fleet operators with valuable insights into both driver behavior and system performance. Users can also choose to disable video recording altogether, ensuring that no footage is stored without explicit user consent. This new product builds on Smart Eye’s 25 years of experience in automotive safety and AI innovation. With over 2 million vehicles on the road equipped with Smart Eye’s driver monitoring software, AIS+ continues to deliver cutting-edge safety features while ensuring seamless integration into fleet management systems like Geotab.
Recent Insider Transactions • Dec 01Founder & CEO recently sold kr2.4m worth of stockOn the 27th of November, Martin Krantz sold around 41k shares on-market at roughly kr59.73 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Martin's only on-market trade for the last 12 months.
分析記事 • Nov 20Analyst Forecasts Just Became More Bearish On Smart Eye AB (publ) (STO:SEYE)The analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...
Price Target Changed • Nov 19Price target decreased by 11% to kr120Down from kr135, the current price target is an average from 2 analysts. New target price is 104% above last closing price of kr58.70. Stock is down 6.5% over the past year. The company is forecast to post a net loss per share of kr5.80 next year compared to a net loss per share of kr2.15 last year.
Breakeven Date Change • Nov 17Forecast to breakeven in 2026The 2 analysts covering Smart Eye expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr345.4m in 2026. Average annual earnings growth of 109% is required to achieve expected profit on schedule.
Reported Earnings • Nov 15Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: kr79.1m (up 1.7% from 3Q 2023). Net loss: kr53.9m (loss narrowed 13% from 3Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • Oct 11Smart Eye AB (Publ) Announces Nomination Committee AppointmentsAt Smart Eye AB's Annual General Meeting 2024, it was decided that the nomination committee for the 2025 Annual General Meeting will consist of one representative from each of the four largest shareholders as of the last banking day in August of the current year. The Chair of the Board may also be co-opted to the meetings but does not have voting rights. In accordance with this decision, the four largest shareholders based on ownership as of August 31, 2024, have been offered a position on Smart Eye's nomination committee, and the following committee has now been formed: Anna Magnusson (appointed by Första AP-fonden), Chair of the Nomination Committee, Malin Björkmo (appointed by Handelsbanken Fonder), Mary Irwin (appointed by the Krantz family), Linda Jöfelt (appointed by the Jöfelt family). The appointed nomination committee represents approximately 28% of the voting rights of the outstanding shares in Smart Eye. The nomination committee's tasks ahead of the 2025 Annual General Meeting include preparing proposals for the meeting chair, the number of board members, remuneration for each of the board members, the election of board members and the Chair of the Board, remuneration for the auditor, and the selection of an auditor. Additionally, if deemed necessary, the committee may propose amendments to its own instructions.
お知らせ • Oct 08Smart Eye’S Ais Driver Support System Confirms for Regulatory Approval Homologation with Leading Bus Manufacturer SolarisSmart Eye announced that its AIS Commercial Vehicle Alert driver support system has successfully passed homologation with Polish bus manufacturer Solaris . This certification ensures compliance with the EU's General Safety Regulation, which mandates the use of advanced drowsiness detection technology in all new trucks, buses, and cars. Solaris, a leading manufacturer of city and intercity buses in Europe, is one of the first to achieve homologation with Smart Eye's AIS CV Alert system, closely following another European bus manufacturer's successful certification. First launched in October 2023, AIS CV Alert was designed to provide bus and truck manufacturers with an in-cabin solution that offers precise drowsiness detection and guarantees immediate GSR compliance. Using sophisticated computer vision and AI, the system detects early signs of drowsiness, helping to prevent accidents. To deploy the AIS CV Alert system at Solaris, Smart Eye partnered with Skymatik, a company specializing in advanced automation and integration solutions. Together, they supported Solaris in successfully implementing the system, achieving full compliance with EU GSR regulations. Smart Eye's AIS driver support system line not only meets today's regulatory requirements but also provides the flexibility to adapt to future safety demands, including the GSR's mandate on camera-based driver distraction detection. This new mandate came into force for all new type-registered vehicles in July 2024 and will encompass all new vehicles from July 2026. To address this, Smart Eye also recently launched AIS Focus, a system specifically designed to detect driver distraction in real-time, ensuring compliance with evolving GSR standards.
分析記事 • Sep 14Smart Eye AB (publ)'s (STO:SEYE) 27% Cheaper Price Remains In Tune With RevenuesThe Smart Eye AB (publ) ( STO:SEYE ) share price has fared very poorly over the last month, falling by a substantial...
Major Estimate Revision • Sep 12Consensus EPS estimates fall by 42%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from kr389.5m to kr395.1m. Forecast EPS reduced from -kr3.62 to -kr5.13 per share. Electronic industry in Sweden expected to see average net income growth of 57% next year. Consensus price target broadly unchanged at kr133. Share price fell 2.8% to kr76.40 over the past week.
Price Target Changed • Sep 11Price target decreased by 7.0% to kr133Down from kr143, the current price target is an average from 2 analysts. New target price is 67% above last closing price of kr79.30. Stock is up 53% over the past year. The company is forecast to post a net loss per share of kr5.13 next year compared to a net loss per share of kr2.15 last year.
Major Estimate Revision • Aug 28Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr433.7m to kr389.5m. EPS estimate unchanged from -kr3.62 per share at last update. Electronic industry in Sweden expected to see average net income growth of 48% next year. Consensus price target down from kr143 to kr135. Share price fell 6.9% to kr83.40 over the past week.
分析記事 • Aug 26Revenue Downgrade: Here's What Analysts Forecast For Smart Eye AB (publ) (STO:SEYE)The analysts covering Smart Eye AB (publ) ( STO:SEYE ) delivered a dose of negativity to shareholders today, by making...
Reported Earnings • Aug 22Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: kr89.6m (up 30% from 2Q 2023). Net loss: kr54.2m (loss narrowed 21% from 2Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 21+ 2 more updatesSmart Eye AB (publ) to Report Q1, 2025 Results on May 13, 2025Smart Eye AB (publ) announced that they will report Q1, 2025 results on May 13, 2025
Recent Insider Transactions • Jun 09Independent Vice Chairman of the Board recently bought kr2.3m worth of stockOn the 4th of June, Lars Olofsson bought around 21k shares on-market at roughly kr108 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lars has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares.
分析記事 • May 21Why Investors Shouldn't Be Surprised By Smart Eye AB (publ)'s (STO:SEYE) 25% Share Price SurgeDespite an already strong run, Smart Eye AB (publ) ( STO:SEYE ) shares have been powering on, with a gain of 25% in the...
Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr86.1m (up 34% from 1Q 2023). Net loss: kr56.5m (loss narrowed 31% from 1Q 2023). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 28% per year.
New Risk • May 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr51m net loss in 2 years). Shareholders have been diluted in the past year (5.9% increase in shares outstanding).
Reported Earnings • Apr 21Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: kr2.15 loss per share (improved from kr12.98 loss in FY 2022). Revenue: kr302.2m (up 38% from FY 2022). Net loss: kr75.5m (loss narrowed 78% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Apr 17Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr461.3m to kr454.7m. Losses expected to increase from kr2.73 per share to kr3.54. Electronic industry in Sweden expected to see average net income growth of 47% next year. Consensus price target broadly unchanged at kr139. Share price fell 2.6% to kr77.60 over the past week.
New Risk • Mar 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: kr76m Forecast net loss in 2 years: kr33m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr33m net loss in 2 years). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
お知らせ • Mar 23Smart Eye AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 150.15 million.Smart Eye AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 150.15 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,650,000 Price\Range: SEK 91 Transaction Features: Subsequent Direct Listing
New Risk • Mar 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr217m). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
分析記事 • Mar 14Smart Eye AB (publ)'s (STO:SEYE) P/S Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Smart Eye AB (publ) ( STO:SEYE ) shares have been powering on, with a gain of 28% in the...
Breakeven Date Change • Feb 27Forecast to breakeven in 2026The 2 analysts covering Smart Eye expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 38% per year to 2025. The company is expected to make a profit of kr425.3m in 2026. Average annual earnings growth of 73% is required to achieve expected profit on schedule.
Reported Earnings • Feb 22Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: kr2.15 loss per share (improved from kr15.31 loss in FY 2022). Revenue: kr302.2m (up 38% from FY 2022). Net loss: kr75.5m (loss narrowed 78% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 30% per year.
お知らせ • Feb 21+ 2 more updatesSmart Eye AB (publ), Annual General Meeting, May 17, 2024Smart Eye AB (publ), Annual General Meeting, May 17, 2024.
お知らせ • Jan 05Smart Eye to Showcase Existing Automotive Technologies Along with Recent Innovations at CES 2024 in Las VegasSmart Eye announced that it will showcase its leading existing automotive technologies along with recent ground-breaking innovations at CES 2024 in Las Vegas. From January 9-12, Smart Eye will hold meetings and showcase their demos in Booth #6741 in the West Hall. Recent advances in generative AI are going to dramatically impact how humans engage with vehicle human machine interfaces (HMI) and each other. Smart Eye's newest demo will offer a unique demonstration of how generative AI can elevate road safety and the user experience in next generation vehicles. Through Smart Eye's Emotion AI Prompt Engine, the demo merges advanced automotive sensing with the capabilities of large language models to make an in-car assistant recognize emotions and allow for dynamic human-vehicle interactions. At CES 2024, Smart Eye will also showcase the latest advancements in its road-ready automotive solutions, such as a vehicle buck featuring its Interior Sensing AI and Driver Monitoring System (DMS) software. The booth will also feature a demo of Smart Eye's AIS driver support system for small-volume vehicle manufacturers and aftermarket installation for fleets. Additionally, visitors will be offered a look at Smart Eye's novel Synthetic Data Generation Tool-using virtual avatars in varied vehicle environments to aid the development and validation of AI systems. There will also be a Multimodality Station, demoing iMotions' platform with Smart Eye Pro. It fuses data from multiple sensors, enabling automotive researchers and OEMs to gain deep insight into the user experience and UX design of a vehicle. These insights can then drive OTA updates or be used for development of next generation platforms. In addition to the demos in the Smart Eye booth, Smart Eye technology is also featured in eight demos of key automotive technology partners at CES, including Aptiv, Cerence, Forvia, Green Hills Software, Onsemi and Texas Instruments.
分析記事 • Dec 27Smart Eye AB (publ) (STO:SEYE) Stocks Shoot Up 32% But Its P/S Still Looks ReasonableSmart Eye AB (publ) ( STO:SEYE ) shares have continued their recent momentum with a 32% gain in the last month alone...
Recent Insider Transactions • Dec 22Independent Vice Chairman of the Board recently bought kr1.8m worth of stockOn the 13th of December, Lars Olofsson bought around 29k shares on-market at roughly kr62.18 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Lars has been a net seller over the last 12 months, reducing personal holdings by kr285k.
分析記事 • Nov 12After Leaping 26% Smart Eye AB (publ) (STO:SEYE) Shares Are Not Flying Under The RadarSmart Eye AB (publ) ( STO:SEYE ) shares have had a really impressive month, gaining 26% after a shaky period...
Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr77.7m (up 53% from 3Q 2022). Net loss: kr61.8m (loss narrowed 33% from 3Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 10+ 1 more updateSmart Eye AB (publ) to Report Q1, 2024 Results on May 16, 2024Smart Eye AB (publ) announced that they will report Q1, 2024 results on May 16, 2024
分析記事 • Nov 10Is Smart Eye (STO:SEYE) In A Good Position To Invest In Growth?Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Sep 07Smart Eye AB (Publ) Announces 12 Driver Monitoring System Design Wins with New Japanese CustomerSmart Eye will deliver its technology to twelve new car models by a new Japanese OEM customer. The customer is a large Japanese car manufacturer with a global manufacturing footprint, and the new design wins are the result of a long and thorough evaluation process. The new car models, including Smart Eye's technology, will go into production in mid-2025. The estimated revenue for the order is SEK 500 million, based on product life cycle volume projections. Smart Eye has now received a total of up to 229 design wins from 20 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 4.865 billion. The estimated value over the product lifecycle from possible additional design wins with the car manufacturers on existing platforms is SEK 4.095 billion.
Recent Insider Transactions • Sep 04Independent Vice Chairman of the Board recently sold kr2.1m worth of stockOn the 30th of August, Lars Olofsson sold around 45k shares on-market at roughly kr46.38 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.
Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr68.8m (up 15% from 2Q 2022). Net loss: kr68.6m (loss narrowed 11% from 2Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
分析記事 • Jul 29We Think Smart Eye (STO:SEYE) Can Easily Afford To Drive Business GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
お知らせ • Jun 21Smart Eye Unveils New Driver Monitoring System Metric to Enhance Road Safety and Driver Health At Incabin Brussels 2023Smart Eye announced it will showcase its new DMS metric at InCabin Brussels, set to take place on June 20-22, 2023. The inclusion of vital signs detection within Smart Eye's leading DMS software empowers fully remote monitoring of heart and respiration rates, fostering improved road safety while ensuring the well-being of drivers. Responding to the demands of automotive OEMs, Smart Eye has developed this innovative metric to address critical aspects of driver health and safety. By tracking the driver's physiological indicators, this new feature enables the early detection of sudden illnesses or unresponsive behavior while operating a vehicle. This capability can prove life-saving in situations where a driver experiences unforeseen health conditions, such as heart attacks or seizures. Additionally, the technology facilitates the transmission of post-crash data, including heart and respiration rates, to emergency responders, ultimately leading to more efficient healthcare interventions. Using AI methods, the new feature analyzes multiple physiological signals to accurately determine the driver's heart and respiration rates. Notably, Smart Eye utilizes remote photoplethysmography (rPPG), a non-contact, camera-based method that measures variations in light reflection from the skin, enabling the estimation of heart rate. Another method employed is micro movement analysis, allowing the software to identify subtle changes in movements associated with breathing or pulse, undetectable to the human eye. Smart Eye's technology uses 940 nanometer wavelength infrared light to detect reflections on the skin, ensuring an unobtrusive user experience. This infrared light also enables detection in the challenging lighting conditions in a moving vehicle, such as darkness or intense sunlight. Smart Eye will showcase this new feature onsite at InCabin Brussels, June 20-22, 20 23.
お知らせ • May 17+ 1 more updateSmart Eye AB (publ) to Report Q2, 2023 Results on Aug 30, 2023Smart Eye AB (publ) announced that they will report Q2, 2023 results on Aug 30, 2023
Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr64.3m (up 20% from 1Q 2022). Net loss: kr81.6m (loss widened 14% from 1Q 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in Sweden.
Major Estimate Revision • Mar 30Consensus revenue estimates decrease by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from kr373.5m to kr325.0m. EPS estimate unchanged from -kr6.07 per share at last update. Electronic industry in Sweden expected to see average net income growth of 47% next year. Consensus price target down from kr168 to kr152. Share price rose 6.8% to kr48.98 over the past week.
分析記事 • Mar 29Revenue Downgrade: Here's What Analysts Forecast For Smart Eye AB (publ) (STO:SEYE)One thing we could say about the analysts on Smart Eye AB (publ) ( STO:SEYE ) - they aren't optimistic, having just...
Reported Earnings • Mar 24Full year 2022 earnings released: kr15.31 loss per share (vs kr5.99 loss in FY 2021)Full year 2022 results: kr15.31 loss per share (further deteriorated from kr5.99 loss in FY 2021). Revenue: kr219.5m (up 100% from FY 2021). Net loss: kr340.3m (loss widened 156% from FY 2021). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 16At kr50.95, Is It Time To Put Smart Eye AB (publ) (STO:SEYE) On Your Watch List?Smart Eye AB (publ) ( STO:SEYE ), is not the largest company out there, but it led the OM gainers with a relatively...
分析記事 • Feb 17Is Smart Eye (STO:SEYE) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 28Smart Eye AB (publ) (STO:SEYE) Shares Could Be 28% Below Their Intrinsic Value EstimateKey Insights Smart Eye's estimated fair value is kr74.2 based on 2 Stage Free Cash Flow to Equity Current share price...
お知らせ • Jan 20Smart Eye AB (publ) to Report Fiscal Year 2022 Results on Mar 23, 2023Smart Eye AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Mar 23, 2023
分析記事 • Dec 15One Smart Eye AB (publ) (STO:SEYE) Analyst Just Made A Major Cut To Next Year's EstimatesOne thing we could say about the covering analyst on Smart Eye AB (publ) ( STO:SEYE ) - they aren't optimistic, having...
Major Estimate Revision • Dec 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from kr246.0m to kr220.0m. EPS estimate increased from -kr10.00 to -kr8.10 per share. Electronic industry in Sweden expected to see average net income growth of 50% next year. Consensus price target down from kr220 to kr155. Share price rose 11% to kr42.14 over the past week.
Breakeven Date Change • Dec 13No longer forecast to breakevenThe analyst covering Smart Eye no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr99.0m in 2024. New forecast suggests the company will make a loss of kr36.0m in 2024.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Eva Elmstedt was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 22Third quarter 2022 earnings: Revenues miss analyst expectationsThird quarter 2022 results: Revenue: kr50.9m (up 65% from 3Q 2021). Net loss: kr92.7m (loss widened 98% from 3Q 2021). Revenue missed analyst estimates by 20%. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in Sweden.