LON:TERN

Tern Final Earnings Report

Tern logo
GBX 1.13 +0.13 (+13.00%)
As of 07:46 AM Eastern

Tern EPS Results

Actual EPS
-GBX 0.81
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Tern Revenue Results

Actual Revenue
($4.03) million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Tern Announcement Details

Quarter
Final
Time
After Market Closes
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Tern Earnings Headlines

Tern shares slide 10% as portfolio writedowns slash net asset value
SpaceX Opens Up 11% — Here’s What You Need to Know
SpaceX - ticker SPCX - just completed the biggest IPO in American history, raising $75 billion at a $1.8 trillion valuation. Goldman Sachs projects $474 billion in revenue by 2030, while Morgan Stanley goes further - $3.4 trillion by 2040. But NYU's Aswath Damodaran, Wall Street's 'Dean of Valuation,' called those projections 'a hallucination.' While every camera pointed at the rockets, Musk quietly placed a major bet on what he calls 'the world's biggest product' - something he believes could generate $30 trillion in revenue. Sixty of America's largest companies are making the same move, and the signal appeared in a quiet Friday SEC filing almost nobody noticed.tc pixel
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About Tern

Tern (LON:TERN) backs companies with proven technology, based in the UK but with global ambition. Our management team has a strong track record of unlocking opportunities in the USA for UK companies. We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets. We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements. Unlike many of our peers, we select to work with only a handful of companies in a given period. This means we have the time to be a committed and hands on partner, invariably taking an active position on the Board. An AIM-quoted company, we primarily invest in the IoT space. Quite simply, we transform businesses in order to maximise shareholder value. We do this by identifying companies with proven technology in need of capital investment. We mentor the leadership team and introduce opportunities through our network of contacts. Unlike many of our peers, we invest in only a handful of companies in a given period. This means we have the time to be a committed and hands on partner, invariably taking an active position on the Board of our investments. Our investment model gets results.

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