Income Statement Tern Plc

Stocks

TERN

GB00BFPMV798

Investment Management & Fund Operators

Delayed London S.E. Other stock markets 07:32:32 2026-08-12 EDT			5-day change	1st Jan Change
1.396 ^GBX	+3.41%		+7.38%	+99.43%

08-03	Tern Repays Loan Facility Agreed in 2023	MT
08-03	Tern plc Repays Outstanding Loan Facility Agreement	CI

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Published financial data: TERN PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	63.78K	66.01K	199K	17.4K	54K
Total Revenues	63.78K	66.01K	199K	17.4K	54K
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	63.78K	66.01K	199K	17.4K	54K
Selling General & Admin Expenses, Total	1.64M	1.79M	1.71M	1.2M	1.01M
Stock-Based Compensation (IS)	27.46K	80.56K	7.1K	2.93K	17.58K
Other Operating Expenses	16K	20.88K	152K	-	-
Other Operating Expenses, Total	1.68M	1.89M	1.87M	1.2M	1.03M
Operating Income	-1.61M	-1.83M	-1.67M	-1.18M	-972K
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	184K	50.92K	81.08K	30.27K	42.53K
Net Interest Expenses	184K	50.92K	81.08K	30.27K	42.53K
Other Non Operating Income (Expenses)	-	-	35.75K	-83.26K	-
EBT, Excl. Unusual Items	-1.43M	-1.78M	-1.55M	-1.24M	-929K
Gain (Loss) On Sale Of Investments	6.24M	-8.42M	-11.05M	-2.46M	-4.08M
Gain (Loss) On Sale Of Assets	-199K	11.21K	28.59K	-13.37K	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-31.92K	-265K	-35.67K	-63K	-75.59K
EBT, Incl. Unusual Items	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Earnings From Continuing Operations	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Net Income to Company	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Net Income - (IS)	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Net Income to Common Incl Extra Items	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Net Income to Common Excl. Extra Items	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Per Share Items
Net EPS - Basic	0.01	-0.03	-0.03	-0.01	-0.01
Basic EPS - Continuing Operations	0.01	-0.03	-0.03	-0.01	-0.01
Basic Weighted Average Shares Outstanding	340M	357M	389M	437M	597M
Net EPS - Diluted	0.01	-0.03	-0.03	-0.01	-0.01
Diluted EPS - Continuing Operations	0.01	-0.03	-0.03	-0.01	-0.01
Diluted Weighted Average Shares Outstanding	343M	357M	389M	437M	597M
Normalized Basic EPS	-0	-0	-0	-0	-0
Normalized Diluted EPS	-0	-0	-0	-0	-0
Supplemental Items
EBITA	-1.61M	-1.83M	-1.67M	-1.18M	-972K
EBIT	-1.61M	-1.83M	-1.67M	-1.18M	-972K
Total Revenues (As Reported)	6.1M	-8.34M	-10.82M	-2.46M	-4.03M
Normalized Net Income	-894K	-1.11M	-972K	-772K	-581K
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	1.64M	1.79M	1.71M	1.2M	1.01M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	34.19K	80.56K	7.1K	2.93K	17.58K
Total Stock-Based Compensation	34.19K	80.56K	7.1K	2.93K	17.58K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.96M	932K	298K	382K	49.38K
Total Cash And Short Term Investments	1.96M	932K	298K	382K	49.38K
Accounts Receivable, Total	103K	136K	6K	24.6K	54.6K
Other Receivables	22.54K	18.69K	15.5K	18.46K	19.55K
Notes Receivable	-	145K	-	95K	-
Total Receivables	126K	300K	21.5K	138K	74.15K
Prepaid Expenses	63.85K	64.15K	52.03K	46.85K	45.74K
Total Current Assets	2.15M	1.3M	371K	567K	169K
Long-term Investments	30.61M	23.88M	12.78M	10.74M	7.32M
Total Assets	32.76M	25.18M	13.15M	11.31M	7.49M
Liabilities
Accounts Payable, Total	75.23K	131K	170K	182K	181K
Accrued Expenses, Total	217K	101K	72.06K	81.63K	140K
Short-term Borrowings	-	-	418K	161K	182K
Current Income Taxes Payable	49.46K	90.27K	77.74K	168K	102K
Other Current Liabilities	-	2.37K	110K	4.46K	2.31K
Total Current Liabilities	342K	325K	848K	598K	607K
Long-Term Debt	-	-	-	-	-
Total Liabilities	342K	325K	848K	598K	607K
Common Stock, Total	70.4K	77.71K	77.94K	105K	135K
Additional Paid In Capital	30.55M	33.34M	33.39M	35.54M	36.75M
Retained Earnings	498K	-9.87M	-22.47M	-26.24M	-31.31M
Comprehensive Income and Other	1.3M	1.3M	1.3M	1.3M	1.3M
Total Common Equity	32.42M	24.85M	12.3M	10.71M	6.88M
Total Equity	32.42M	24.85M	12.3M	10.71M	6.88M
Total Liabilities And Equity	32.76M	25.18M	13.15M	11.31M	7.49M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	352M	363M	424M	525M	673M
ECS Total Common Shares Outstanding	352M	363M	424M	525M	673M
Book Value / Share	0.09	0.07	0.03	0.02	0.01
Tangible Book Value	32.42M	24.85M	12.3M	10.71M	6.88M
Tangible Book Value Per Share	0.09	0.07	0.03	0.02	0.01
Total Debt	0	0	418K	161K	182K
Net Debt	-1.96M	-932K	121K	-221K	133K
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	-	3	3	3
Full Time Employees	7	-	8	6	6

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	4.58M	-10.45M	-12.61M	-3.77M	-5.09M
Amortization of Deferred Charges, Total - (CF)	-	-	16.67K	33.33K	3.75K
(Gain) Loss From Sale Of Asset	199K	-11.21K	-28.59K	13.37K	-
(Gain) Loss on Sale of Investments - (CF)	-6.24M	8.42M	11.05M	2.46M	4.08M
Stock-Based Compensation (CF)	27.46K	80.56K	7.1K	2.93K	17.58K
Other Operating Activities, Total	-184K	-50.92K	43.77K	96.4K	-24.62K
Change In Accounts Receivable	37.02K	-26.21K	153K	-14.09K	-17.35K
Change In Accounts Payable	46.45K	-17.06K	-3.18K	111K	-11.02K
Cash from Operations	-1.54M	-2.06M	-1.37M	-1.07M	-1.04M
Investment in Marketable and Equity Securities, Total	-2.5M	-1.63M	152K	-406K	-454K
Other Investing Activities, Total	56.83K	-144K	155K	-94.97K	-84.99K
Cash from Investing	-2.45M	-1.77M	307K	-501K	-539K
Short Term Debt Issued, Total	-	-	500K	-	77.39K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	500K	-	77.39K
Short Term Debt Repaid, Total	-	-	-68.46K	-334K	-78.24K
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-68.46K	-334K	-78.24K
Issuance of Common Stock	4.04M	3.12M	-	2.1M	1.35M
Other Financing Activities, Total	-226K	-320K	-	-111K	-111K
Cash from Financing	3.81M	2.8M	432K	1.65M	1.24M
Net Change in Cash	-173K	-1.03M	-634K	84.65K	-333K
Supplemental Items
Levered Free Cash Flow	-857K	-1.25M	-625K	-808K	-532K
Unlevered Free Cash Flow	-857K	-1.25M	-642K	-841K	-536K
Change In Net Working Capital	-118K	191K	-395K	105K	-54K
Net Debt Issued / Repaid	-	-	432K	-334K	-847

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-3.54	-3.94	-5.45	-6.04	-6.46
Return on Total Capital	-3.58	-3.99	-5.56	-6.27	-6.77
Return On Equity %	16.23	-36.48	-67.87	-32.79	-57.86
Return on Common Equity	16.23	-36.48	-67.87	-32.79	-57.86
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	2.56K	2.72K	859.24	6.88K	1.87K
EBITA Margin %	-2.53K	-2.77K	-838.87	-6.8K	-1.8K
EBIT Margin %	-2.53K	-2.77K	-838.87	-6.8K	-1.8K
Income From Continuing Operations Margin %	7.18K	-15.83K	-6.33K	-21.68K	-9.42K
Net Income Margin %	7.18K	-15.83K	-6.33K	-21.68K	-9.42K
Net Avail. For Common Margin %	7.18K	-15.83K	-6.33K	-21.68K	-9.42K
Normalized Net Income Margin	-1.4K	-1.68K	-487.64	-4.44K	-1.08K
Levered Free Cash Flow Margin	-1.34K	-1.9K	-313.87	-4.64K	-985.28
Unlevered Free Cash Flow Margin	-1.34K	-1.9K	-322.23	-4.83K	-992.22
Asset Turnover
Asset Turnover	0	0	0.01	0	0.01
Receivables Turnover (Average Receivables)	0.47	0.55	2.8	1.14	1.36
Short Term Liquidity
Current Ratio	6.28	3.99	0.44	0.95	0.28
Quick Ratio	6.09	3.34	0.38	0.71	0.2
Operating Cash Flow to Current Liabilities	-4.49	-6.33	-1.62	-1.79	-1.71
Days Sales Outstanding (Average Receivables)	771.17	661.11	130.23	321.79	267.67
Average Days Payable Outstanding	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-	-	3.4	1.5	2.64
Total Debt / Total Capital	-	-	3.29	1.48	2.58
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	1.04	1.29	6.45	5.29	8.11
EBIT / Interest Expense	-	-	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-57.8	3.5	201.81	-91.27	210.31
Gross Profit, 1 Yr. Growth %	-57.8	3.5	201.81	-91.27	210.31
EBITA, 1 Yr. Growth %	15.68	13.2	-8.57	-29.24	-17.83
EBIT, 1 Yr. Growth %	15.68	13.2	-8.57	-29.24	-17.83
Earnings From Cont. Operations, 1 Yr. Growth %	469.52	-328.18	20.69	-70.08	34.92
Net Income, 1 Yr. Growth %	469.52	-328.18	20.69	-70.08	34.92
Normalized Net Income, 1 Yr. Growth %	20.5	24.2	-12.52	-20.51	-24.8
Diluted EPS Before Extra, 1 Yr. Growth %	381.15	-319.77	10.85	-73.37	-1.12
Accounts Receivable, 1 Yr. Growth %	-38.19	32.26	-95.59	310	121.95
Total Assets, 1 Yr. Growth %	34.83	-23.14	-47.77	-14.02	-33.77
Tangible Book Value, 1 Yr. Growth %	35.07	-23.33	-50.5	-12.94	-35.75
Common Equity, 1 Yr. Growth %	35.07	-23.33	-50.5	-12.94	-35.75
Cash From Operations, 1 Yr. Growth %	29.11	33.87	-33.23	-22.12	-3.03
Levered Free Cash Flow, 1 Yr. Growth %	21.3	46.32	-50.11	29.21	-34.15
Unlevered Free Cash Flow, 1 Yr. Growth %	21.3	46.32	-48.78	31.05	-36.32
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-28.5	-33.92	76.74	-48.66	-47.94
Gross Profit, 2 Yr. CAGR %	-28.5	-33.92	76.74	-48.66	-47.94
EBITA, 2 Yr. CAGR %	29.27	14.43	1.74	-19.56	-23.75
EBIT, 2 Yr. CAGR %	29.27	14.43	1.74	-19.56	-23.75
Earnings From Cont. Operations, 2 Yr. CAGR %	142.17	260.49	65.95	-39.91	-36.47
Net Income, 2 Yr. CAGR %	142.17	260.49	65.95	-39.91	-36.47
Normalized Net Income, 2 Yr. CAGR %	26.69	22.34	4.23	-16.61	-22.68
Diluted EPS Before Extra, 2 Yr. CAGR %	107.19	225.18	56.08	-45.67	-48.69
Accounts Receivable, 2 Yr. CAGR %	-4.4	-9.58	-75.86	-57.5	201.66
Total Assets, 2 Yr. CAGR %	31.08	1.8	-36.64	-32.99	-24.54
Tangible Book Value, 2 Yr. CAGR %	30.92	1.76	-38.4	-34.36	-25.21
Common Equity, 2 Yr. CAGR %	30.92	1.76	-38.4	-34.36	-25.21
Cash From Operations, 2 Yr. CAGR %	7.14	31.47	-5.46	-27.89	-13.1
Levered Free Cash Flow, 2 Yr. CAGR %	16.84	33.22	-14.56	-19.71	-7.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	16.84	33.22	-13.43	-18.07	-8.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-15.61	-19.12	9.64	-35.14	-6.48
Gross Profit, 3 Yr. CAGR %	-15.61	-19.12	9.64	-35.14	-6.48
EBITA, 3 Yr. CAGR %	15.95	23.68	6.19	-9.86	-18.99
EBIT, 3 Yr. CAGR %	15.95	23.68	6.19	-9.86	-18.99
Earnings From Cont. Operations, 3 Yr. CAGR %	144.67	137.42	150.31	-6.25	-21.32
Net Income, 3 Yr. CAGR %	144.67	137.42	150.31	-6.25	-21.32
Normalized Net Income, 3 Yr. CAGR %	14.18	25.86	9.39	-4.77	-19.43
Diluted EPS Before Extra, 3 Yr. CAGR %	109.9	111.3	127.16	-13.43	-33.67
Accounts Receivable, 3 Yr. CAGR %	38.26	6.53	-66.97	-37.95	-26.26
Total Assets, 3 Yr. CAGR %	24.42	9.71	-18.51	-29.85	-33.25
Tangible Book Value, 3 Yr. CAGR %	24.61	9.53	-19.97	-30.87	-34.82
Common Equity, 3 Yr. CAGR %	24.61	9.53	-19.97	-30.87	-34.82
Cash From Operations, 3 Yr. CAGR %	26.85	15.4	4.89	-11.38	-20.41
Levered Free Cash Flow, 3 Yr. CAGR %	940.24	25.94	-3.97	-1.93	-24.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	73.42	25.94	-3.13	-0.6	-24.67
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.76	-7.59	13.43	-32.56	-18.61
Gross Profit, 5 Yr. CAGR %	-1.76	-7.59	13.43	-32.56	-18.61
EBITA, 5 Yr. CAGR %	17.17	17.05	10.04	4.13	-6.99
EBIT, 5 Yr. CAGR %	17.17	17.05	10.04	4.13	-6.99
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.87	43.96	109.48	37.03	44.64
Net Income, 5 Yr. CAGR %	-2.87	43.96	109.48	37.03	44.64
Normalized Net Income, 5 Yr. CAGR %	13.89	16.41	10.09	6.75	-4.78
Diluted EPS Before Extra, 5 Yr. CAGR %	-26.97	15.86	86.45	22.73	25.28
Accounts Receivable, 5 Yr. CAGR %	150.97	6.22	-31.21	-26.24	-19.99
Total Assets, 5 Yr. CAGR %	23.37	17.86	-5.02	-9.92	-20.97
Tangible Book Value, 5 Yr. CAGR %	23.71	18.62	-5.99	-10.75	-22.11
Common Equity, 5 Yr. CAGR %	23.71	18.62	-5.99	-10.75	-22.11
Cash From Operations, 5 Yr. CAGR %	88.38	21.27	12.78	-4.39	-2.72
Levered Free Cash Flow, 5 Yr. CAGR %	48.89	10.13	282.78	5.19	-5.51
Unlevered Free Cash Flow, 5 Yr. CAGR %	50.03	10.13	31.34	6.04	-5.37