Tern Plc Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	0.05	0.02	0.2	0.07	0.06
Revenue Growth (YoY)	210.31%	-91.27%	201.81%	3.50%	-57.80%
Gross Profit	0.05	0.02	0.2	0.07	0.06
Selling, General & Admin	1.01	1.2	1.71	1.79	1.64
Other Operating Expenses	-	-	0.15	0.02	0.02
Operating Expenses	1.03	1.2	1.87	1.89	1.68
Operating Income	-0.97	-1.18	-1.67	-1.83	-1.61
Interest & Investment Income	0.04	0.03	0.08	0.05	0.18
Other Non Operating Income (Expenses)	-	-0.08	0.04	-	-
EBT Excluding Unusual Items	-0.93	-1.24	-1.55	-1.78	-1.43
Gain (Loss) on Sale of Investments	-4.08	-2.47	-11.05	-8.42	6.24
Gain (Loss) on Sale of Assets	-	-	0.03	0.01	-0.2
Other Unusual Items	-0.08	-0.06	-0.04	-0.27	-0.03
Pretax Income	-5.09	-3.77	-12.61	-10.45	4.58
Net Income	-5.09	-3.77	-12.61	-10.45	4.58
Net Income to Common	-5.09	-3.77	-12.61	-10.45	4.58
Net Income Growth	-	-	-	-	469.52%
Shares Outstanding (Basic)	597	437	389	357	340
Shares Outstanding (Diluted)	597	437	389	357	343
Shares Change (YoY)	36.46%	12.32%	8.88%	4.21%	17.95%
EPS (Basic)	-0.01	-0.01	-0.03	-0.03	0.01
EPS (Diluted)	-0.01	-0.01	-0.03	-0.03	0.01
EPS Growth	-	-	-	-	381.15%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-1799.64%	-6796.19%	-838.87%	-2769.07%	-2531.60%
Profit Margin	-9424.35%	-21675.78%	-6328.33%	-15825.31%	7177.96%
EBIT	-0.97	-1.18	-1.67	-1.83	-1.61
Revenue as Reported	-4.03	-2.46	-10.82	-8.34	6.1