Business
Wyld Networks Q4 2022 Interim Report
Wyld Networks Q4 2022 Interim Report.
About this update from Tern Plc
[{"type":"text","content":"\n \n \n \n REACH\n \n \n \n \n \n \n 31 March 2023\n \n \n \n \n \n \n \n \n Tern Plc\n \n \n \n \n (\"Tern\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n Wyld Networks Q4 2022 Interim Report\n \n \n \n \n \n \n \n \n Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things (\"IoT\") technology businesses, is pleased to note that\n Wyld Networks AB (\n \"\n Wyld Networks\" or \"Wyld\") has today announced its Q4 2022 Interim Report (the \"Wyld Announcement\"). Tern currently holds 39.5% of Wyld Networks' equity.\n \n \n \n \n \n \n Extracted from the Wyld Announcement:\n \n \n \n \n \n \n \n \"Wyld Networks launches satellite IoT network after three years of development work, agreements with over 40 launch partners and an order backlog of SEK 35 million by end of Q4. This has now more than doubled to SEK 76 million by mid-March 2023, demonstrating significant demand.\n \n \n \n \n \n \n Financial Summary, Q4 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n Q4 (Oct-Dec)\n \n \n \n \n Full Year (Jan-Dec)\n \n \n \n \n \n \n 2022\n \n \n \n \n 2021\n \n \n \n \n 2022\n \n \n \n \n 2021\n \n \n \n \n \n \n Total income SEK k\n \n \n \n \n 2,528\n \n \n \n \n 3,227\n \n \n \n \n 5,445\n \n \n \n \n 6,529\n \n \n \n \n \n \n EBIT, SEK k\n \n \n \n \n -12,085\n \n \n \n \n -4,230\n \n \n \n \n -37,938\n \n \n \n \n -26,387\n \n \n \n \n \n \n Earnings per share, SEK (before dilution)\n \n \n \n \n -1.17\n \n \n \n \n -0.56\n \n \n \n \n -4.73\n \n \n \n \n -9.31\n \n \n \n \n \n \n Earnings per share, SEK (after dilution)\n \n \n \n \n -0.92\n \n \n \n \n -0.56\n \n \n \n \n -2.93\n \n \n \n \n -3.26\n \n \n \n \n \n \n \n \n \n Significant events during Q4\n \n \n ·\n Wyld Networks launches satellite IoT network after three years of development work.\n \n \n ·\n The TO2 Warrants programme was subscribed at approximately 97.6 percent and Wyld Networks AB received SEK 19.4 million before costs.\n \n \n ·\n Wyld Networks AB has carried out a directed issue of new shares of approximately SEK 7.3 million.\n \n \n ·\n Wyld announced a ground-breaking partnership with Lacuna Space boosting the number of operational satellites within Wyld's IoT service. \n \n \n ·\n Wyld signs a multi-year contract with Astrocast to extend Wyld's coverage to deliver satelli...