STOCK TITAN

Smart Eye Aktieb - SMTEF STOCK NEWS

Welcome to our dedicated page for Smart Eye Aktieb news (Ticker: SMTEF), a resource for investors and traders seeking the latest updates and insights on Smart Eye Aktieb stock.

Smart Eye Aktieb (SMTEF) specializes in AI-powered Driver Monitoring Systems that enhance road safety through real-time driver behavior analysis. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements and market positioning.

Access official press releases covering product launches, strategic OEM partnerships, and regulatory compliance developments. Our curated collection ensures you stay informed about SMTEF's role in shaping automotive safety standards under evolving EU regulations.

Key updates include earnings reports, technology innovations in Human Insight AI, and commercial vehicle safety mandates. All content is verified through primary sources to maintain accuracy and relevance for decision-makers.

Bookmark this page for streamlined access to Smart Eye's latest developments in driver monitoring technology and its expanding partnerships with global automotive manufacturers.

Rhea-AI Summary
Smart Eye selected to deliver DMS software to 12 new car models with major Japanese car manufacturer, estimated revenue of SEK 500 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Smart Eye integrates AIS driver monitoring system with Geotab's fleet management platform, offering enhanced driver safety and performance. AIS analyzes driver's head movements, eye gaze, and facial expressions in real-time. Geotab's Marketplace provides customers with choice and optimization tools. For more information, visit https://smarteye.se/solutions/automotive/fleet-and-aftermarket/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Smart Eye reports high organic growth and increasing license revenues. Net sales for April-June 2023 increased by 15% compared to the previous year, with organic growth for the total group at 25%. EBITDA improved due to increased sales and cost reduction program. Smart Eye signed a breakthrough deal with Linde for AIS driver monitoring system for fleets. Automotive business area is growing with 73% compared to last year. Research side of Smart Eye had profitable growth with organic growth at 14%. CEO expects profitability mid next year as more cars start to enter production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.19%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Smart Eye has announced the appointment of Mats Benjaminsson as the new Chief Financial Officer (CFO), effective October 1, 2023. Benjaminsson previously served as interim CFO and has a wealth of experience spanning over 30 years, including positions at major companies like Telia and SKF Sverige.

The company anticipates that his leadership will enhance its financial operations as it aims for continued growth, particularly in the Automotive and Behavioral Research sectors. CEO Martin Krantz expressed confidence in Benjaminsson's ability to drive the company forward, emphasizing the positive trajectory currently being pursued.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

Smart Eye has announced the resignation of its Chief Financial Officer, Martin Bjuve, effective April 25, 2023. Bjuve held the position since November 2022 and is leaving for a new opportunity. Marina Drazic, the Group Financial Controller, will temporarily assume the CFO responsibilities while a search for a permanent replacement is underway. CEO Martin Krantz commended Bjuve for his contributions and expressed confidence in Drazic's capabilities to manage the company during this transition. The company continues to lead in Human Insight AI, providing advanced technology solutions for automotive safety and behavioral research. Smart Eye, publicly traded since 2016, serves a diverse client base, including major global brands and research institutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Smart Eye Aktieb

OTC:SMTEF

SMTEF Rankings

SMTEF Stock Data

186.31M
27.64M
26.22%
18.39%
Software - Application
Technology
Link
Sweden
Gothenburg