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TERN Share Price

TERN PLC is a technology investment company that invests in and develops technologies for the Internet of Things (IoT) and blockchain markets. As of September 2021, the company had two principal subsidiaries, Wyld Networks Ltd and Device Authority Ltd, which operate in the IoT market.

In its half-year report for June 30, 2021, TERN PLC reported a loss of £2.5 million, compared to a loss of £1.4 million in the same period the previous year. The company attributed this loss to increased investment in its portfolio companies, as well as an increase in administrative expenses.

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TERN Share Price

The London Stock Exchange (LSE) has listed TERN PLC under the ticker symbol TERN. As of 2021, TERN PLC was listed on the LSE’s AIM (Alternative Investment Market). TERN’s Share Price is at 6.50 GBp as of this post.

As a technology company, TERN PLC invests in and develops software and services focused on the Internet of Things (IoT) and blockchain technology. The company has a portfolio of investments in other technology companies. In addition, it operates through its subsidiaries, Wyld Networks Ltd and Device Authority Ltd.

Brief Background of TERN Share

TERN PLC was founded in 2015 and is based in the United Kingdom. The company was established as a publicly traded investment company focused on technology companies—specifically those operating in the Internet of Things (IoT) and blockchain technology sectors.

In 2017, TERN PLC acquired a majority stake in Wyld Networks Ltd. This allowed them to secure and resilient mobile mesh networking technology for IoT applications. This acquisition began TERN’s focus on investing in and developing technologies for the IoT industry.

Later in 2017, TERN PLC acquired Device Authority Ltd, a company specializing in identity and access management solutions for the IoT market. With these two acquisitions, TERN PLC began to build a portfolio of investments in companies that operate in the IoT and blockchain technology sectors.

Since then, TERN has continued to invest in and develop technologies for the IoT and blockchain markets and has worked to build its portfolio of investments in other technology companies. The company has also continued to trade on the London Stock Exchange, listed on the AIM market.

Advantages of Investing in TERN Share Price

  1. Exposure to the growing IoT market. TERN PLC is focused on investing in and developing technologies for the Internet of Things (IoT) industry. As a result, investing in TERN PLC may gain exposure to this growing market.
  2. Experienced management team. TERN PLC has an experienced management team with a background in investing in and developing technology companies. This could potentially lead to solid investment decisions and effective management of the company’s portfolio.
  3. Diversification. TERN PLC has a portfolio of investments in other technology companies, which could provide investors with diversification across multiple companies and industries.

Main Competitors of TERN

TERN PLC operates in the technology industry, specifically in the Internet of Things (IoT) and blockchain technology sectors. Some of the company’s main competitors in these industries may include:

  1. Cisco Systems. Cisco is a large technology company that offers a wide range of products and services, including networking hardware and software for IoT applications.
  2. IBM. IBM is a multinational technology company that provides services and solutions for various industries, including IoT and blockchain.
  3. Intel Corporation. Intel is a large technology company that designs and manufactures microprocessors and offers products and services for IoT applications.
  4. Amazon Web Services (AWS). AWS is a subsidiary of Amazon that offers cloud computing services, including those designed for IoT applications.
  5. Microsoft Corporation. Microsoft offers a range of products and services for IoT applications, including Azure IoT, an IoT platform that provides cloud services and analytics.

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Conclusion

TERN PLC reported progress in its portfolio companies. For example, Wyld Networks secured several new customers during the first half of 2021 and launched new products, including a mobile mesh networking solution for the emergency services market. Device Authority also reported progress in its partnerships and product development.

Overall, TERN PLC’s industry performance may depend on its portfolio companies’ success and its ability to continue investing in and developing technologies for the IoT and blockchain markets.

FAQ

FAQ: TERN Share Price

What is the historic performance of TERN PLC stock?

TERN PLC is listed on the AIM market of the London Stock Exchange under the ticker symbol TERN. The company went public in 2015 at an initial public offering (IPO) price of 8 pence per share.

Over the years, the stock price of TERN PLC has experienced significant fluctuations, as is typical for a small-cap company in a dynamic industry. However, between 2015 and early 2020, the stock price remained relatively stable, generally fluctuating between 5 and 15 pence per share.

However, the COVID-19 pandemic and its impact on the global economy hurt TERN PLC's stock price. In March 2020, the stock price dropped to a low of 2.8 pence per share, remaining below 5 for much of the year.

More recently, the stock price has experienced some volatility as the company continues to invest in and develop technologies for the IoT and blockchain markets. It's important to remember that past performance does not guarantee future results, and potential investors should conduct their own research and analysis before making investment decisions.

Does TERN PLC pay dividends to its stockholders?

As of September 2021, TERN PLC did not pay dividends to its stockholders. The company invests in and develops technologies for the IoT and blockchain markets. It may reinvest its earnings and cash flow into these activities rather than paying dividends. It's essential to remember that a lack of dividend payments does not necessarily indicate poor performance, as some companies may choose to prioritize growth and reinvestment over immediate returns to shareholders. Investors in TERN PLC should consider the company's overall financial performance, growth prospects, and investment strategy when evaluating its potential as an investment.

How much does TERN PLC make in a year?

TERN PLC is a technology investment company that invests in and develops technologies for the Internet of Things (IoT) and blockchain markets. As of September 2021, the company had two principal subsidiaries, Wyld Networks Ltd and Device Authority Ltd, which operate in the IoT market.

As a publicly traded company, TERN PLC reports its financial performance in its annual and interim financial statements. In the financial year ending December 31, 2020, the company reported a loss of £3.6 million on revenues of £0.06 million.

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Simon Williams
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