Tern plc (LSE:TERN) reported a marked improvement in its financial performance for the first half of 2025, with losses reduced by 64% compared to H1 2024, supported by a 7% reduction in administrative expenses. The company also made a strategic investment in Sure Ventures plc to diversify its holdings and capture potential synergies, while raising additional capital through successful share placements to support its investment strategy.
Despite ongoing macroeconomic pressures affecting its portfolio companies, Tern continues to prioritize disciplined cash management and long-term value creation for shareholders.
About Tern plc
Tern plc focuses on generating value from Internet of Things (IoT) technology businesses. Operating within the broader technology sector, the company invests in areas such as IoT, Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR). Tern targets high-growth technology firms and provides support to early-stage, disruptive IoT portfolio companies.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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