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  2. Share Prices
  3. Tern Share Price
  4. Tern Share News
  5. IN BRIEF: Tern's FundamentalVR Secures GBP900,000 Contract Win

Pin to quick picksTern Share News (TERN)

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Share Price Information for Tern (TERN)

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Share Price: 3.50
Bid: 3.30
Ask: 3.70
Change: 0.07 (2.04%)
Spread: 0.40 (12.121%)
Open: 3.55
High: 3.75
Low: 3.50
Prev. Close: 3.43
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IN BRIEF: Tern's FundamentalVR Secures GBP900,000 Contract Win

Tue, 01st Dec 2020 17:47

Tern PLC - internet of things-focused investor - Portfolio company FVRVS Ltd wins three-year contract worth a minimum of GBP900,000 from an unnamed global medical device company. Contract is for the creation of a virtual reality, that will be embedded on a VR headset to accompany every installation of the client's product, to teach and provide assistance to the end-user.

"This contract and the recently announced follow-on order from a global pharmaceutical client are, we believe, strong validations of FundamentalVR's technology. We look forward to the continuing progress of FundamentalVR and the securing of further contracts from their significant pipeline of opportunities," Chief Executive Al Sisto says.

Current stock price: 6.80 pence

Year-to-date change: down 22%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
31 May 2023 10:49

IN BRIEF: Tern annual net asset value falls on swing to loss

Tern PLC - investment company specialising in supporting early-stage internet of things technology businesses - Swings to pretax loss of GBP10.4 million in 2022 from a profit of GBP4.6 million in 2021. Total net assets amount to GBP24.9 million as at December 31, down from GBP32.4 million a year earlier. NAV per share decreases to 6.4 pence from 9.2p. Says the reduction in net assets is primarily due to "movements in investments held at fair value through the profit or loss and a reduction in the cash balance". Books a negative movement in the fair value of investments of GBP8.4 million, compared to a profit of GBP6.2 million in 2021.

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26 May 2023 10:31

Tern's portfolio company Konektio agrees GBP2.5 million fundraise

(Alliance News) - Tern PLC on Friday said that its portfolio company, InVMA Ltd, has agreed a GBP2.5 million fundraise, which will be completed in two tranches.

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24 May 2023 15:45

UK earnings, trading statements calendar - next 7 days

Thursday 25 May 
AJ Bell PLCHalf Year Results
Blackrock Frontiers Investment Trust PLCHalf Year Results
CT Private Equity Trust PLCQ1 Results
DWF Group PLCTrading Statement
Edinburgh Investment Trust PLCFull Year Results
Emis Group PLCFull Year Results
Fevertree Drinks PLCTrading Statement
Headlam Group PLCTrading Statement
Henry Boot PLCTrading Statement
Hill & Smith PLCTrading Statement
Griffin Mining LtdFull Year Results
Inspecs Group PLCTrading Statement
Intermediate Capital Group PLCFull Year Results
Jadestone Energy PLCFull Year Results
Johnson Mattey PLCFull Year Results
Pets At Home Group PLCFull Year Results
Pharos Energy PLCTrading Statement
Picton Property Income LtdFull Year Results
Qinetiq Group PLCFull Year Results
Old Mutual LtdQ1 Results
ReNeuron Group PLCFull Year Results
Renewi PLCFull Year Results
S&U PLCTrading Statement
Sabre Insurance Group PLCQ1 Results
Shires Income PLCFull Year Results
Tate & Lyle PLCFull Year Results
Triad Group PLCFull Year Results
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Workspace Group PLCFull Year Results
Young & Co's Brewery PLCFull Year Results
Friday 26 May 
Amaroq Minerals LtdQ1 Results
Associated British EngineeringHalf Year Results
Caffyns PLCFull Year Results
CT Capital & Income Investment Trust PLCHalf Year Results
HarbourVest Global Private Equity LtdFull Year Results
IntegraFin Holdings PLCHalf Year Results
Volvere PLCFull Year Results
Worldwide Healthcare Trust PLCFull Year Results
Monday 29 May 
no events scheduled 
Tuesday 30 May 
Corre Energy BVFull Year Results
Greencore Group PLCHalf Year Results
Hollywood Bowl Group PLCHalf Year Results
Oxford BioDynamics PLCHalf Year Results
Silver Bullet Data Services Group PLCFull Year Results
Softcat PLCTrading Statement
SpaceandPeople PLCFull Year Results
Tremor International LtdQ1 Results
Wednesday 31 May 
B&M European Value Retail SAFull Year Results
Bloomsbury Publishing PLCFull Year Results
DP Eurasia NVTrading Statement
Impax Asset Management Group PLCHalf Year Results
Ithaca Energy PLCQ1 Results
NWF Group PLCTrading Statement
Premier Miton Group PLCHalf Year Results
Tern PLCFull Year Results
WH Smith PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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25 Apr 2023 21:53

TRADING UPDATES: PetroTal average quarterly production up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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25 Apr 2023 21:00

TRADING UPDATES: Round Hill Music and Jadestone Energy swing to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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18 Apr 2023 12:00

Tern reports growth in revenue and headcount for portfolio companies

(Alliance News) - Tern PLC said its portfolio companies have delivered a "resilient performance" amid year-on-year growth in annual recurring revenue.

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31 Mar 2023 21:09

EARNINGS UPDATES: Caledonian swings to profit; Caracal revenue falls

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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13 Mar 2023 21:02

TRADING UPDATES: DX opens new depots; Tern hails new order for Wyld

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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13 Mar 2023 12:18

SUMMARY: London listings with exposure to Silicon Valley Bank

(Alliance News) - The following is a round-up of updates on exposure to Silicon Valley Bank by London-listed companies, issued on Monday and not separately reported by Alliance News:

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13 Mar 2023 10:43

AIM WINNERS & LOSERS: Condor Gold jumps on offers for La India

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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13 Mar 2023 07:28

Tern portfolio company secures £712,900 purchase order

(Sharecast News) - Capital markets company Tern revealed on Monday that portfolio company Wyld Networks has received an approximately SEK 9.2m (£712,900) purchase order for its Wyld Data service.

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25 Jan 2023 21:41

TRADING UPDATES: 88 Energy anticipates well spud; Tern sees progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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12 Jan 2023 16:36

TRADING UPDATES: NFT Investments hit by cyber attack

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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8 Dec 2022 21:21

TRADING UPDATES: Mears exceeds expectations; K3 confirms speculation

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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8 Dec 2022 17:45

TRADING UPDATES: Anglo Asian touts intercepts; Netcall backs guidance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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