Tern Plc
-0.25 (-3.57%)
Share Name Share Symbol Market Type Share ISIN Share Description
Tern Plc LSE:TERN London Ordinary Share GB00BFPMV798 ORD 0.02P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -3.57% 6.75 6.50 7.00 7.25 6.75 7.00 1,829,743 16:18:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 0.0 4.6 1.4 5.0 24

Tern Share Discussion Threads

Showing 330351 to 330354 of 361925 messages
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No mention in that Wyld report as to joining the OTC?
Looks like a big move north with any decent buying volume, that last buy had to nearly pay full offer and it was only 10k
Comments from the CEO:


2021 has been a transformational year for Wyld Networks as we moved the Company
through the development phase into the commercialisation phase resulting in receiving
substantial purchase orders early in 2022 of approximately SEK 28 million in advance of the launch of the full satellite IoT service due in the second half of 2022.

In a turbulent year on the financial markets we listed Wyld Networks AB on the NASDAQ First North Growth Market on 2nd July 2021 with an oversubscribed IPO
issuing 2,275,000 shares at SEK 11.1 raising SEK 25 million. We closed the year with a share price on the 31st December 2021 of SEK 20.75.


We created three separate streams of activities in 2021, namely the solution development plan, the commercial customer engagement plan and the market awareness and strategy plan.

1. Customer engagement plan

In respect to the commercial customer engagement plan we successfully signed agreements with 22 customers as launch partners to test our satellite IoT solution and received purchase orders of over SEK 28 million in Q1 2022 for our Wyld Connect IoT module which we launched for sale in the same quarter.

These purchase orders do not include the monthly service fee which will be due for payment when the end to end service is launched in the second half of 2022. The monthly service fee is a key part of our revenue generation, in which customers pay a monthly fee for the service we provide for each Wyld Connect IoT module deployed.

This monthly fee will provide the company with predictable and cumulative recurring revenues.
The sales cycle process with our launch partners involves validation of our technology during on-site trials prior to commercial negotiations and receipts for purchase orders. Wyld Connect IoT modules are integrated into our customers IoT sensors in readiness for the endto-end service being switched on, at which point the monthly service fee is payable. To date we have received
3 orders from the current 22 launch partners totalling SEK 28 million. We will continue to build a pipeline of both new launch partners and purchase orders.

2. Solution development plan

Our solution development plan is ahead of schedule and was a major focus for the company during the year. We have made good progress in the development of Wyld Connect (LoRaWAN® satellite IoT terminal and module)and Wyld Fusion (provisioning and payment platform).
We completed the hardware development of Wyld Connect – the world’s first Long Range-Frequency
Hopping Spread Spectrum (LR-FHSS) sensor-to-satellite IoT module. LR-FHSS enables satellites to connect vast remote areas around the globe. We continue with the development of Wyld Fusion
over the next months in preparation for the commercial launch of end-to-end satellite IoT service. Wyld Fusion is the platform that provides the functionality to provision
Wyld Connect, collect the data from the satellite ground station and deliver the data to our customers based on their monthly data fee.
In protecting our Intellectual Property (IP) we submitted our patent application which has moved through the
internationalisation phase and into the nationalisation

3. Market awareness and strategy plan

A recent report on satellite IoT solutions predicted that the market is set to grow, starting in 2021, to reach 5.6 billion in 2026, a compound annual growth of approximately 40% per year. The same report forecast the deployment of 30 million IoT modules in that timeframe.

Clearly the need for market awareness for Wyld and our solution is also key in developing the pipeline of opportunities in the vertical markets we are focussing on. Our focus vertical markets are agriculture, environment, energy, utilities and supply chain. These vertical markets
are dominated by corporate companies who need to collect data from their IoT sensors predominately in the 85% of the worlds surface where there is no traditional terrestrial wireless coverage.

In 2021 we published news in over one hundred online journals and magazines, attended multiple trade shows as well as featuring on both the BBC and ITV television news programmes to convey our
solution and explain how we affordably solve our target market customers problems.

In parallel we protected our brand in obtaining trademarks for “Wyld Connect”, “Wyld Fusion” and “Wyld.

We joined the LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the IoT. It is extremely important that Wyld participates in the standardisation process within the industry for its solutions. The LoRa Alliance® also provides a platform for
Wyld to showcase our technology to over 500 member companies such as Alibaba, Comcast’s MachineQ, Google, Cisco, IBM, and many more.

We have seen the early results of focusing on these 3 pillars of activity in 2021 in the receipt of our first
significant purchase orders in early 2022. We will continue to follow the strategy outlined above to ensure
the continued flow of business ahead of launching the service in second half 2022.

We envisage 2022 to be an extremely exciting and rewarding year for the company as we work toward
launching the full end-to-end satellite service. We have already commercially launched the Wyld Connect product into the market in Q1 2022 with the ambition to get as many different types of 3rd party sensors into the field equipped with the Wyld satellite capability such that we can start to generate data revenue as soon as the service is launched. In supporting the commercial activities already started, we plan to recruit more sales people across the world specifically in the Americas and Asia Pacific. We will also continue to recruit technical development resources to support the product roadmap to allow us to offer our solution for new uses cases, in particular engaging with mobile operators to extend
their service to their customers with our solution.

I would like to thank all the employees in Wyld for their dedication and tireless efforts in delivering on the
objectives we set in place for 2021 which have created the platform for commercialising the Company in 2022.

May 16 2022, Stockholm
Alastair Williamsson

Why don't you take some time out and clean your pig-sty of a flat up - and lay-off the drugs.
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