Tern PLC - we back growing IoT companies Risk Report

🏗️ Operational & Business Continuity

Tern plc is actively working on improving its operational efficiency and ensuring business continuity. The recent fiscal year 2024 results indicate significant improvements in core portfolio performance by growing ARR and effectively reducing costs, which is imperative for sustainable growth.

• Tern plc reported their FY 2024 results on 🗓 June 5, 2025, showcasing a notable 30% reduction in costs while increasing the annual recurring revenue (ARR) for their core portfolio.