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An announcement from Tern plc ( (GB:TERN) ) is now available.
Tern plc reported a significant improvement in its financial performance for the first half of 2025, with a 64% reduction in losses compared to the same period in 2024, aided by a 7% cut in administration costs. The company made a strategic investment in Sure Ventures plc to diversify its portfolio and enhance synergies, while also raising funds through successful share placements to support its investment commitments. Despite macroeconomic challenges affecting its portfolio companies, Tern remains committed to disciplined cash management and supporting its portfolio for long-term shareholder value.
More about Tern plc
Tern plc is a company focused on creating value from Internet of Things (IoT) technology businesses. It operates in the technology sector, primarily dealing with IoT, Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR) technologies. Tern’s market focus includes investing in high-growth technology companies and supporting early-stage, disruptive IoT portfolio companies.
Average Trading Volume: 2,219,537
Technical Sentiment Signal: Sell
Current Market Cap: £5.3M
Learn more about TERN stock on TipRanks’ Stock Analysis page.