Intercede expects to ‘return to profit within next two years’
The AIM-listed firm said for the year ended 31 March 2018, its revenues increased 11% to £9.2mln from £8.3mln a year ago
Company
Intercede Group
LON:IGP
Intercede’s MyID® identity and credential management software enables organizations to create and use trusted digital identities for employees, citizens and machines. This allows secure access to services, facilities, information and networks.
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Intercede moves quickly to bring in new chief executive
Klaas van der Leest is the new man at the top, after Intercede’s founder Richard Parris stepped down suddenly as chief executive and chairman a couple of weeks ago
Intercede jumps 10% on US$4mln US Government order, sees revenues "in line with expectations"
Intercede said its revenues for the year ended 31 March 2018 are forecast to increase by 10% to £9mln, up from £8mln a year ago, which is in line with market expectations
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Shares in Intercede have plunged after warning full year losses may be higher than expected as oustanding orders are at risk of delay
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As delayed orders put a 49% dent in first half revenues Intercede has launched a £5mln capital raise that will prop up planned investments into Internet of Things technology.
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Intercede gains as it reveals 35% rise in revenue
“The strong start to the year provides a solid base to meet market expectations for the year.”
Intercede to be key player in the battle for digital trust
The proliferation of user names and passwords provides a huge commercial opportunity.
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