View Future GrowthTern 과거 순이익 실적과거 기준 점검 0/6Tern 의 수입은 연평균 -41.4%의 비율로 감소해 온 반면, Capital Markets 산업은 연평균 5.9%의 비율로 감소했습니다. 매출은 연평균 14.9%의 비율로 감소해 왔습니다.핵심 정보-41.39%순이익 성장률-39.87%주당순이익(EPS) 성장률Capital Markets 산업 성장률16.33%매출 성장률-14.88%자기자본이익률-20.11%순이익률-7,033.60%최근 순이익 업데이트30 Jun 2025최근 과거 실적 업데이트Reported Earnings • Sep 08First half 2025 earnings released: UK£0.002 loss per share (vs UK£0.006 loss in 1H 2024)First half 2025 results: UK£0.002 loss per share (improved from UK£0.006 loss in 1H 2024). Net loss: UK£959.0k (loss narrowed 64% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 06Full year 2024 earnings released: UK£0.86 loss per share (vs UK£0.032 loss in FY 2023)Full year 2024 results: UK£0.86 loss per share. Net loss: UK£3.77m (loss narrowed 70% from FY 2023).Reported Earnings • Jun 04Full year 2023 earnings released: UK£0.032 loss per share (vs UK£0.029 loss in FY 2022)Full year 2023 results: UK£0.032 loss per share (further deteriorated from UK£0.029 loss in FY 2022). Net loss: UK£12.6m (loss widened 21% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 01Full year 2022 earnings released: UK£0.029 loss per share (vs UK£0.013 profit in FY 2021)Full year 2022 results: UK£0.029 loss per share (down from UK£0.013 profit in FY 2021). Net loss: UK£10.4m (down 328% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.공시 • May 23Tern Plc to Report Fiscal Year 2022 Final Results on May 31, 2023Tern Plc announced that they will report fiscal year 2022 final results on May 31, 2023Reported Earnings • Sep 24First half 2022 earnings released: UK£0.007 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.007 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£2.41m (loss widened 236% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates공시 • May 20Tern Plc has completed a Follow-on Equity Offering in the amount of £0.222 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.222 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 37,000,000 Price\Range: £0.006 Transaction Features: Subsequent Direct Listing공시 • May 08Tern Plc has completed a Follow-on Equity Offering in the amount of £0.405998 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.405998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 67,666,314 Price\Range: £0.006 Transaction Features: Rights OfferingNew Risk • Mar 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£4.51m market cap, or US$5.99m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).New Risk • Mar 05New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£3.38m market cap, or US$4.51m).공시 • Mar 03Tern Plc has completed a Follow-on Equity Offering in the amount of £0.312655 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.312655 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 78,163,662 Price\Range: £0.004 Transaction Features: Rights Offering공시 • Feb 13Tern Plc has filed a Follow-on Equity Offering in the amount of £0.384408 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.384408 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 96,101,957 Price\Range: £0.004 Transaction Features: Rights OfferingNew Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£2.35m market cap, or US$3.12m).공시 • Oct 01Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 128,497,293 Price\Range: £0.005 Transaction Features: Rights OfferingReported Earnings • Sep 08First half 2025 earnings released: UK£0.002 loss per share (vs UK£0.006 loss in 1H 2024)First half 2025 results: UK£0.002 loss per share (improved from UK£0.006 loss in 1H 2024). Net loss: UK£959.0k (loss narrowed 64% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.공시 • Jul 30Tern Plc has completed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,248,646 Price\Range: £0.01 Discount Per Security: £0.0009 Transaction Features: Rights Offering공시 • Jul 14Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,248,646 Price\Range: £0.01 Discount Per Security: £0.0009 Transaction Features: Rights OfferingNew Risk • Jun 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£7.03m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (UK£17k revenue, or US$24k). Market cap is less than US$10m (UK£7.03m market cap, or US$9.64m).공시 • Jun 30Tern Plc Appoints Jane Mccracken as Interim ChairTern Plc announced that Jane McCracken, previously an independent Non-Executive Director of the Company, assumed the role of the Company's Chair at the conclusion of the AGM, initially on an interim basis. The Board of the Company now therefore comprises Jane McCracken (Independent Interim Non-Executive Chair) and Iain Ross (Independent Non-Executive Director). The Board will continue to be supported by a non-Board senior management team, led by Al Sisto and Bruce Leith.New Risk • Jun 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (UK£17k revenue, or US$23k). Minor Risk Market cap is less than US$100m (UK£9.54m market cap, or US$12.9m).공시 • Jun 07Tern Plc, Annual General Meeting, Jun 30, 2025Tern Plc, Annual General Meeting, Jun 30, 2025. Location: the offices of allenby capital, 5 st helens place, ec3a 6ab, london United KingdomReported Earnings • Jun 06Full year 2024 earnings released: UK£0.86 loss per share (vs UK£0.032 loss in FY 2023)Full year 2024 results: UK£0.86 loss per share. Net loss: UK£3.77m (loss narrowed 70% from FY 2023).공시 • Jun 06Tern PLC Announces Ian Ritchie Decides to Retire from its Board, Effective June 30, 2025Tern PLC announced that Ian Ritchie, who has been the Company's Non-Executive Chairman since 2017, has decided to retire from the Board at the conclusion of the AGM to be held on June 30, 2025.New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$68k). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (UK£9.80m market cap, or US$13.3m).공시 • May 07Tern Plc has completed a Follow-on Equity Offering in the amount of £0.34014 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.34014 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,013,989 Price\Range: £0.01 Transaction Features: Rights OfferingNew Risk • Apr 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$67k). Market cap is less than US$10m (UK£6.12m market cap, or US$8.12m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (27% increase in shares outstanding).공시 • Apr 17Tern Plc has filed a Follow-on Equity Offering in the amount of £0.34014 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.34014 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,013,989 Price\Range: £0.01 Transaction Features: Rights OfferingNew Risk • Apr 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major 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: Major Risks Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (UK£50k revenue, or US$64k). Market cap is less than US$10m (UK£7.07m market cap, or US$9.07m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.4% average weekly change).New Risk • Mar 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$65k). Market cap is less than US$10m (UK£6.30m market cap, or US$8.14m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).공시 • Feb 26Tern Plc has completed a Follow-on Equity Offering in the amount of £0.221154 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.221154 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,769 Price\Range: £0.0115 Transaction Features: Subsequent Direct Listing공시 • Feb 21Tern Plc has filed a Follow-on Equity Offering in the amount of £0.221154 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.221154 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,769 Price\Range: £0.0115 Transaction Features: Subsequent Direct ListingNew Risk • Jan 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m (UK£50k revenue, or US$62k). Minor Risk Market cap is less than US$100m (UK£9.06m market cap, or US$11.2m).공시 • Dec 16Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Security Name: Shares Security Type: Common Stock Securities Offered: 30,769,231 Price\Range: £0.013 Transaction Features: Subsequent Direct ListingBoard Change • Nov 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 30Tern plc Announces Board ChangesTern Plc announced a number of changes to the Company's Board of Directors (the "Board"). Tern announced the appointment of Jane Karwoski (known as "Jane McCracken") and Iain Ross as independent Non-Executive Directors of the Company with immediate effect. Sarah Payne and Alan Howarth have stepped down from the Board with immediate effect to concentrate on their other business interests. Following these changes the Board now comprises Ian Ritchie (Non-Executive Chairman), Jane McCracken (Non-Executive Director) and Iain Ross (Non-Executive Director). Jane McCracken has spent her career working with high growth technology businesses based in the USA. UK and Europe as an entrepreneur, investor, board member and advisor. Her experience covers a variety of areas including software, e-commerce, digital health and clinical research. She recently served as an Entrepreneur-in-Residence at the Advanced Technology Development Center, the state incubator based at Georgia Institute of Technology. She is the Chief Growth Officer for Corps Team, a US-based search and staffing firm supporting startups to the Fortune 500. Jane also serves on the board of London Stock Exchange Main Market listed Edinburgh Worldwide Investment Trust plc, which invests globally in high growth companies; and Radyus Research, a US-based privately held company that advises on drug discovery, lead candidate selection, and enabling studies. Iain Ross has over 40 years' experience in the international life sciences and technology sectors and has held significant roles in multi-national pharmaceutical and biotech companies. He has completed multiple financing transactions and has over 30 years' experience in cross-border management as a chairman or CEO. He has led or participated in eight IPOs and has direct experience of M&A transactions in Europe, the USA and the Pacific Rim. Currently he is Chairman of NASDAQ listed Silence Therapeutics plc, Executive Chairman of ReNeuron Group plc and internationally holds other non-executive director roles. Iain Ross joined the board of Redx Pharma plc on 1 May 2017. On 24 May 2017, Redx Pharma plc and Redx Oncology Ltd. were put into administration by Liverpool City Council, whilst Iain Ross was a director of both companies, as a result of non-payment of an outstanding loan of £2m. On 3 November 2017 Redx Pharma plc and Redx Oncology Ltd. exited administration with all creditors paid, under the Chairmanship of Iain Ross.Iain Ross was a director of Palla Pharma Limited, a company registered in Tasmania Australia, when it entered into administration on 17 December 2021. Subsequently in March 2022, a liquidator was appointed for a creditors' voluntary liquidation process. Iain Ross resigned from the board of Palla Pharma Limited on 20 April 2022. Iain Ross is Chairman of ReNeuron Group plc and director of its three subsidiaries, ReNeuron (UK) Limited, ReNeuron Holdings Limited, ReNeuron Limited, all of which entered into administration on 20 March 2024. This process is currently ongoing and Iain Ross remains the Chairman of ReNeuron Group plc and a director of the three above subsidiaries.Reported Earnings • Jun 04Full year 2023 earnings released: UK£0.032 loss per share (vs UK£0.029 loss in FY 2022)Full year 2023 results: UK£0.032 loss per share (further deteriorated from UK£0.029 loss in FY 2022). Net loss: UK£12.6m (loss widened 21% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.공시 • May 31Tern Plc, Annual General Meeting, Jun 27, 2024Tern Plc, Annual General Meeting, Jun 27, 2024. Location: the offices of allenby capital, 5 st helens place, ec3a 6ab, london United KingdomNew Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$256k). Market cap is less than US$10m (UK£7.78m market cap, or US$9.85m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).New Risk • Jan 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$257k). Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (UK£8.40m market cap, or US$10.7m).공시 • Jan 26Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: £0.02 Transaction Features: Subsequent Direct ListingNew Risk • Dec 28New major risk - Revenue and earnings growthEarnings have declined by 41% 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 (-UK£2.0m free cash flow). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$257k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (UK£13.2m market cap, or US$16.8m).New Risk • Dec 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (UK£66k revenue, or US$84k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (UK£16.6m market cap, or US$21.0m).공시 • Aug 11+ 1 more updateTern plc Announces CFO ChangesTern Plc announced a number of changes to the board of the Company (the "Board") and the Company's management structure. Sarah Payne will step down as the Company's Chief Financial Officer and Company Secretary on or before 30 September 2023 to take up a position with another company, but will remain on the Board as a Non-Executive Director. A further announcement will be made when this change occurs. The Company expects to shortly appoint a part-time Chief Financial Officer, which will be a non-Board position. The Board will be supported by a non-Board senior executive management team comprising: Al Sisto (as Chief Executive Officer), Bruce Leith and a part-time Chief Financial Officer. The senior management team will receive materially reduced remuneration from the levels they received when members of the Board.Reported Earnings • Jun 01Full year 2022 earnings released: UK£0.029 loss per share (vs UK£0.013 profit in FY 2021)Full year 2022 results: UK£0.029 loss per share (down from UK£0.013 profit in FY 2021). Net loss: UK£10.4m (down 328% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.공시 • May 31Tern Plc, Annual General Meeting, Jun 29, 2023Tern Plc, Annual General Meeting, Jun 29, 2023, at 08:00 Coordinated Universal Time. Location: Reed Smith, The Broadgate Tower, 20 Primrose Street London United Kingdom공시 • May 23Tern Plc to Report Fiscal Year 2022 Final Results on May 31, 2023Tern Plc announced that they will report fiscal year 2022 final results on May 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Chairman & Senior Independent Director Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 24First half 2022 earnings released: UK£0.007 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.007 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£2.41m (loss widened 236% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Chairman & Senior Independent Director Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Mar 19Is Now The Time To Put Tern (LON:TERN) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: UK£0.014 (up from UK£0.003 in FY 2020). Revenue: UK£6.10m (up UK£5.95m from FY 2020). Net income: UK£4.58m (up 470% from FY 2020). Profit margin: 75% (down from 532% in FY 2020). The decrease in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 16First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.001 profit in 1H 2020)First half 2021 results: Net loss: UK£718.5k (down UK£860.9k from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 02Full year 2020 earnings released: EPS UK£0.003 (vs UK£0.003 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£2.14m (up UK£2.02m from FY 2019). Net income: UK£803.9k (up UK£1.58m from FY 2019). Profit margin: 38% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Dec 24How Much Is Tern Plc (LON:TERN) CEO Getting Paid?Al Sisto has been the CEO of Tern Plc ( LON:TERN ) since 2016, and this article will examine the executive's...Reported Earnings • Sep 22First half earnings releasedOver the last 12 months the company has reported total losses of UK£14.8k, with losses narrowing by 98% from the prior year.공시 • Jul 30DocuSign International, Inc. completed the acquisition of unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others.DocuSign International, Inc. entered into a share purchase agreement to acquire unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others for approximately $190 million on February 26, 2020. The consideration will be paid in cash. The purchase price excludes the value of shares currently owned by DocuSign and is subject to customary purchase price adjustments. Once the acquisition has closed, DocuSign will continue to sell Seal's analytics application. On completion, Seal will become a wholly owned subsidiary of DocuSign. It will also integrate and leverage Seal's AI technology to augment DocuSign CLM. The transaction is subject to customary closing conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act; resignation of Seal's Directors, cancellation of warrants of Seal, termination of certain employee plans, execution of non-competition and non-solicitation agreements, and entering into a working capital escrow agreement. The transaction has been approved by the Board of Directors of DocuSign and Seal, and by the stockholders of Seal and is expected to close in the first half of DocuSign's fiscal year. The transaction is expected to be completed by second quarter of 2020. Michal Berkner, Natasha Kaye, Paula Holland, Aaron Pomeroy, Carlton Fleming, David Wraige and David Hopkins of Cooley LLP acted as legal advisors to DocuSign International. Matthew Rossiter and Ethan A. Skerry of Fenwick & West LLP acted as legal advisors to Seal Software. DocuSign International, Inc. completed the acquisition of unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others on May 1, 2020.공시 • Jul 21Tern Plc to Report First Half, 2020 Results on Sep 21, 2020Tern Plc announced that they will report first half, 2020 results on Sep 21, 2020매출 및 비용 세부 내역Tern가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이AIM:TERN 매출, 비용 및 순이익 (GBP Millions)날짜매출순이익일반관리비연구개발비30 Jun 250-21031 Mar 250-31031 Dec 240-41030 Sep 240-81030 Jun 240-121031 Mar 240-132031 Dec 230-132030 Sep 230-122030 Jun 230-112031 Mar 230-112031 Dec 220-102030 Sep 220-42030 Jun 22032031 Mar 22042031 Dec 21052030 Sep 21022030 Jun 21002031 Mar 21002031 Dec 20011030 Sep 20001030 Jun 20001031 Mar 20001031 Dec 190-11030 Sep 190-11030 Jun 190-11031 Mar 190-11031 Dec 18001030 Sep 180-11030 Jun 180-11031 Mar 180-21031 Dec 170-21030 Sep 170-11030 Jun 17001031 Mar 17031031 Dec 16051030 Sep 16051030 Jun 16041031 Mar 16020031 Dec 15000030 Sep 15000030 Jun 150000양질의 수익: TERN 은(는) 현재 수익성이 없습니다.이익 마진 증가: TERN는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TERN은 수익성이 없으며 지난 5년 동안 손실이 연평균 41.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TERN의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TERN은 수익성이 없어 지난 해 수익 성장률을 Capital Markets 업계(14%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TERN는 현재 수익성이 없으므로 자본 수익률이 음수(-20.11%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YDiversified-financials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 14:34종가2026/05/22 00:00수익2025/06/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tern Plc는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Sep 08First half 2025 earnings released: UK£0.002 loss per share (vs UK£0.006 loss in 1H 2024)First half 2025 results: UK£0.002 loss per share (improved from UK£0.006 loss in 1H 2024). Net loss: UK£959.0k (loss narrowed 64% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 06Full year 2024 earnings released: UK£0.86 loss per share (vs UK£0.032 loss in FY 2023)Full year 2024 results: UK£0.86 loss per share. Net loss: UK£3.77m (loss narrowed 70% from FY 2023).
Reported Earnings • Jun 04Full year 2023 earnings released: UK£0.032 loss per share (vs UK£0.029 loss in FY 2022)Full year 2023 results: UK£0.032 loss per share (further deteriorated from UK£0.029 loss in FY 2022). Net loss: UK£12.6m (loss widened 21% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 01Full year 2022 earnings released: UK£0.029 loss per share (vs UK£0.013 profit in FY 2021)Full year 2022 results: UK£0.029 loss per share (down from UK£0.013 profit in FY 2021). Net loss: UK£10.4m (down 328% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
공시 • May 23Tern Plc to Report Fiscal Year 2022 Final Results on May 31, 2023Tern Plc announced that they will report fiscal year 2022 final results on May 31, 2023
Reported Earnings • Sep 24First half 2022 earnings released: UK£0.007 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.007 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£2.41m (loss widened 236% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • May 20Tern Plc has completed a Follow-on Equity Offering in the amount of £0.222 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.222 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 37,000,000 Price\Range: £0.006 Transaction Features: Subsequent Direct Listing
공시 • May 08Tern Plc has completed a Follow-on Equity Offering in the amount of £0.405998 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.405998 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 67,666,314 Price\Range: £0.006 Transaction Features: Rights Offering
New Risk • Mar 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£4.51m market cap, or US$5.99m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
New Risk • Mar 05New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£3.38m market cap, or US$4.51m).
공시 • Mar 03Tern Plc has completed a Follow-on Equity Offering in the amount of £0.312655 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.312655 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 78,163,662 Price\Range: £0.004 Transaction Features: Rights Offering
공시 • Feb 13Tern Plc has filed a Follow-on Equity Offering in the amount of £0.384408 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.384408 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 96,101,957 Price\Range: £0.004 Transaction Features: Rights Offering
New Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m (UK£29k revenue, or US$39k). Market cap is less than US$10m (UK£2.35m market cap, or US$3.12m).
공시 • Oct 01Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 128,497,293 Price\Range: £0.005 Transaction Features: Rights Offering
Reported Earnings • Sep 08First half 2025 earnings released: UK£0.002 loss per share (vs UK£0.006 loss in 1H 2024)First half 2025 results: UK£0.002 loss per share (improved from UK£0.006 loss in 1H 2024). Net loss: UK£959.0k (loss narrowed 64% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.
공시 • Jul 30Tern Plc has completed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,248,646 Price\Range: £0.01 Discount Per Security: £0.0009 Transaction Features: Rights Offering
공시 • Jul 14Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.642486 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,248,646 Price\Range: £0.01 Discount Per Security: £0.0009 Transaction Features: Rights Offering
New Risk • Jun 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: UK£7.03m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (UK£17k revenue, or US$24k). Market cap is less than US$10m (UK£7.03m market cap, or US$9.64m).
공시 • Jun 30Tern Plc Appoints Jane Mccracken as Interim ChairTern Plc announced that Jane McCracken, previously an independent Non-Executive Director of the Company, assumed the role of the Company's Chair at the conclusion of the AGM, initially on an interim basis. The Board of the Company now therefore comprises Jane McCracken (Independent Interim Non-Executive Chair) and Iain Ross (Independent Non-Executive Director). The Board will continue to be supported by a non-Board senior management team, led by Al Sisto and Bruce Leith.
New Risk • Jun 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m (UK£17k revenue, or US$23k). Minor Risk Market cap is less than US$100m (UK£9.54m market cap, or US$12.9m).
공시 • Jun 07Tern Plc, Annual General Meeting, Jun 30, 2025Tern Plc, Annual General Meeting, Jun 30, 2025. Location: the offices of allenby capital, 5 st helens place, ec3a 6ab, london United Kingdom
Reported Earnings • Jun 06Full year 2024 earnings released: UK£0.86 loss per share (vs UK£0.032 loss in FY 2023)Full year 2024 results: UK£0.86 loss per share. Net loss: UK£3.77m (loss narrowed 70% from FY 2023).
공시 • Jun 06Tern PLC Announces Ian Ritchie Decides to Retire from its Board, Effective June 30, 2025Tern PLC announced that Ian Ritchie, who has been the Company's Non-Executive Chairman since 2017, has decided to retire from the Board at the conclusion of the AGM to be held on June 30, 2025.
New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 67% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$68k). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (UK£9.80m market cap, or US$13.3m).
공시 • May 07Tern Plc has completed a Follow-on Equity Offering in the amount of £0.34014 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.34014 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,013,989 Price\Range: £0.01 Transaction Features: Rights Offering
New Risk • Apr 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$67k). Market cap is less than US$10m (UK£6.12m market cap, or US$8.12m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (27% increase in shares outstanding).
공시 • Apr 17Tern Plc has filed a Follow-on Equity Offering in the amount of £0.34014 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.34014 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,013,989 Price\Range: £0.01 Transaction Features: Rights Offering
New Risk • Apr 09New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major 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: Major Risks Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (UK£50k revenue, or US$64k). Market cap is less than US$10m (UK£7.07m market cap, or US$9.07m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.4% average weekly change).
New Risk • Mar 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (UK£50k revenue, or US$65k). Market cap is less than US$10m (UK£6.30m market cap, or US$8.14m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding).
공시 • Feb 26Tern Plc has completed a Follow-on Equity Offering in the amount of £0.221154 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.221154 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,769 Price\Range: £0.0115 Transaction Features: Subsequent Direct Listing
공시 • Feb 21Tern Plc has filed a Follow-on Equity Offering in the amount of £0.221154 million.Tern Plc has filed a Follow-on Equity Offering in the amount of £0.221154 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,769 Price\Range: £0.0115 Transaction Features: Subsequent Direct Listing
New Risk • Jan 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m (UK£50k revenue, or US$62k). Minor Risk Market cap is less than US$100m (UK£9.06m market cap, or US$11.2m).
공시 • Dec 16Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Security Name: Shares Security Type: Common Stock Securities Offered: 30,769,231 Price\Range: £0.013 Transaction Features: Subsequent Direct Listing
Board Change • Nov 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 30Tern plc Announces Board ChangesTern Plc announced a number of changes to the Company's Board of Directors (the "Board"). Tern announced the appointment of Jane Karwoski (known as "Jane McCracken") and Iain Ross as independent Non-Executive Directors of the Company with immediate effect. Sarah Payne and Alan Howarth have stepped down from the Board with immediate effect to concentrate on their other business interests. Following these changes the Board now comprises Ian Ritchie (Non-Executive Chairman), Jane McCracken (Non-Executive Director) and Iain Ross (Non-Executive Director). Jane McCracken has spent her career working with high growth technology businesses based in the USA. UK and Europe as an entrepreneur, investor, board member and advisor. Her experience covers a variety of areas including software, e-commerce, digital health and clinical research. She recently served as an Entrepreneur-in-Residence at the Advanced Technology Development Center, the state incubator based at Georgia Institute of Technology. She is the Chief Growth Officer for Corps Team, a US-based search and staffing firm supporting startups to the Fortune 500. Jane also serves on the board of London Stock Exchange Main Market listed Edinburgh Worldwide Investment Trust plc, which invests globally in high growth companies; and Radyus Research, a US-based privately held company that advises on drug discovery, lead candidate selection, and enabling studies. Iain Ross has over 40 years' experience in the international life sciences and technology sectors and has held significant roles in multi-national pharmaceutical and biotech companies. He has completed multiple financing transactions and has over 30 years' experience in cross-border management as a chairman or CEO. He has led or participated in eight IPOs and has direct experience of M&A transactions in Europe, the USA and the Pacific Rim. Currently he is Chairman of NASDAQ listed Silence Therapeutics plc, Executive Chairman of ReNeuron Group plc and internationally holds other non-executive director roles. Iain Ross joined the board of Redx Pharma plc on 1 May 2017. On 24 May 2017, Redx Pharma plc and Redx Oncology Ltd. were put into administration by Liverpool City Council, whilst Iain Ross was a director of both companies, as a result of non-payment of an outstanding loan of £2m. On 3 November 2017 Redx Pharma plc and Redx Oncology Ltd. exited administration with all creditors paid, under the Chairmanship of Iain Ross.Iain Ross was a director of Palla Pharma Limited, a company registered in Tasmania Australia, when it entered into administration on 17 December 2021. Subsequently in March 2022, a liquidator was appointed for a creditors' voluntary liquidation process. Iain Ross resigned from the board of Palla Pharma Limited on 20 April 2022. Iain Ross is Chairman of ReNeuron Group plc and director of its three subsidiaries, ReNeuron (UK) Limited, ReNeuron Holdings Limited, ReNeuron Limited, all of which entered into administration on 20 March 2024. This process is currently ongoing and Iain Ross remains the Chairman of ReNeuron Group plc and a director of the three above subsidiaries.
Reported Earnings • Jun 04Full year 2023 earnings released: UK£0.032 loss per share (vs UK£0.029 loss in FY 2022)Full year 2023 results: UK£0.032 loss per share (further deteriorated from UK£0.029 loss in FY 2022). Net loss: UK£12.6m (loss widened 21% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
공시 • May 31Tern Plc, Annual General Meeting, Jun 27, 2024Tern Plc, Annual General Meeting, Jun 27, 2024. Location: the offices of allenby capital, 5 st helens place, ec3a 6ab, london United Kingdom
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$256k). Market cap is less than US$10m (UK£7.78m market cap, or US$9.85m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
New Risk • Jan 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$257k). Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (UK£8.40m market cap, or US$10.7m).
공시 • Jan 26Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million.Tern Plc has completed a Follow-on Equity Offering in the amount of £0.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: £0.02 Transaction Features: Subsequent Direct Listing
New Risk • Dec 28New major risk - Revenue and earnings growthEarnings have declined by 41% 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 (-UK£2.0m free cash flow). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (UK£202k revenue, or US$257k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (UK£13.2m market cap, or US$16.8m).
New Risk • Dec 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (UK£66k revenue, or US$84k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (UK£16.6m market cap, or US$21.0m).
공시 • Aug 11+ 1 more updateTern plc Announces CFO ChangesTern Plc announced a number of changes to the board of the Company (the "Board") and the Company's management structure. Sarah Payne will step down as the Company's Chief Financial Officer and Company Secretary on or before 30 September 2023 to take up a position with another company, but will remain on the Board as a Non-Executive Director. A further announcement will be made when this change occurs. The Company expects to shortly appoint a part-time Chief Financial Officer, which will be a non-Board position. The Board will be supported by a non-Board senior executive management team comprising: Al Sisto (as Chief Executive Officer), Bruce Leith and a part-time Chief Financial Officer. The senior management team will receive materially reduced remuneration from the levels they received when members of the Board.
Reported Earnings • Jun 01Full year 2022 earnings released: UK£0.029 loss per share (vs UK£0.013 profit in FY 2021)Full year 2022 results: UK£0.029 loss per share (down from UK£0.013 profit in FY 2021). Net loss: UK£10.4m (down 328% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
공시 • May 31Tern Plc, Annual General Meeting, Jun 29, 2023Tern Plc, Annual General Meeting, Jun 29, 2023, at 08:00 Coordinated Universal Time. Location: Reed Smith, The Broadgate Tower, 20 Primrose Street London United Kingdom
공시 • May 23Tern Plc to Report Fiscal Year 2022 Final Results on May 31, 2023Tern Plc announced that they will report fiscal year 2022 final results on May 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Chairman & Senior Independent Director Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 24First half 2022 earnings released: UK£0.007 loss per share (vs UK£0.002 loss in 1H 2021)First half 2022 results: UK£0.007 loss per share (further deteriorated from UK£0.002 loss in 1H 2021). Net loss: UK£2.41m (loss widened 236% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Chairman & Senior Independent Director Ian Ritchie was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Mar 19Is Now The Time To Put Tern (LON:TERN) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: UK£0.014 (up from UK£0.003 in FY 2020). Revenue: UK£6.10m (up UK£5.95m from FY 2020). Net income: UK£4.58m (up 470% from FY 2020). Profit margin: 75% (down from 532% in FY 2020). The decrease in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 16First half 2021 earnings released: UK£0.002 loss per share (vs UK£0.001 profit in 1H 2020)First half 2021 results: Net loss: UK£718.5k (down UK£860.9k from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS UK£0.003 (vs UK£0.003 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£2.14m (up UK£2.02m from FY 2019). Net income: UK£803.9k (up UK£1.58m from FY 2019). Profit margin: 38% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Dec 24How Much Is Tern Plc (LON:TERN) CEO Getting Paid?Al Sisto has been the CEO of Tern Plc ( LON:TERN ) since 2016, and this article will examine the executive's...
Reported Earnings • Sep 22First half earnings releasedOver the last 12 months the company has reported total losses of UK£14.8k, with losses narrowing by 98% from the prior year.
공시 • Jul 30DocuSign International, Inc. completed the acquisition of unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others.DocuSign International, Inc. entered into a share purchase agreement to acquire unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others for approximately $190 million on February 26, 2020. The consideration will be paid in cash. The purchase price excludes the value of shares currently owned by DocuSign and is subject to customary purchase price adjustments. Once the acquisition has closed, DocuSign will continue to sell Seal's analytics application. On completion, Seal will become a wholly owned subsidiary of DocuSign. It will also integrate and leverage Seal's AI technology to augment DocuSign CLM. The transaction is subject to customary closing conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act; resignation of Seal's Directors, cancellation of warrants of Seal, termination of certain employee plans, execution of non-competition and non-solicitation agreements, and entering into a working capital escrow agreement. The transaction has been approved by the Board of Directors of DocuSign and Seal, and by the stockholders of Seal and is expected to close in the first half of DocuSign's fiscal year. The transaction is expected to be completed by second quarter of 2020. Michal Berkner, Natasha Kaye, Paula Holland, Aaron Pomeroy, Carlton Fleming, David Wraige and David Hopkins of Cooley LLP acted as legal advisors to DocuSign International. Matthew Rossiter and Ethan A. Skerry of Fenwick & West LLP acted as legal advisors to Seal Software. DocuSign International, Inc. completed the acquisition of unknown stake in Seal Software Limited from Tern Plc (AIM:TERN) and others on May 1, 2020.
공시 • Jul 21Tern Plc to Report First Half, 2020 Results on Sep 21, 2020Tern Plc announced that they will report first half, 2020 results on Sep 21, 2020