Seeing Machines (ASX:M2Z) has mentioned that their trading for the fiscal year 2023 is exceeding their initial expectations.

The company has shared its 2023 financial year’s 4th quarter Key Performance Indicators (KPIs) and a trading update.

The revenue for the fiscal year 2023 is projected to be US$57.8M.

This figure signifies a 49% increase from the financial year 2022.

Seeing Machines is a firm that promotes safety and operational performance improvements via technology that tracks and interprets human behavior.