Intercede Group (IGP)

Sector:

IT Services

Index:

FTSE AIM All-Share

110.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 112.50
  • 52 Week Low: 41.50
  • Currency: UK Pounds
  • Shares Issued: 58.23m
  • Volume: 49,467
  • Market Cap: £64.05m
  • RiskGrade: 172

Intercede H1 revenues up more than 20% YOY

By Iain Gilbert

Date: Monday 10 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Digital identity group Intercede said on Monday that revenues had risen more than 20% in the six months ended 30 September.
Intercede said first-half revenues had surged 23% on a constant currency basis to £6.1m, in line with management expectations.

Separately, Intercede revealed it had acquired software outfit Authlogics for an initial consideration of £2.5m, plus a further deferred conditional and staged earnout payment of up to £3.0m.

Following the payment of the Authlogics consideration, as well as net debt and working capital adjustments, Intercede stated it had cash reserves of £7.9m and no debt.

In another announcement, Intercede said it had adopted a revised long-term incentive plan to align and incentivise executive board members to deliver growth and increased returns on investment.

As of 1020 BST, Intercede shares had shot up 36.53% to 51.88p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Intercede Group Market Data

Currency UK Pounds
Share Price 110.00p
Change Today -0.50p
% Change -0.45 %
52 Week High 112.50
52 Week Low 41.50
Volume 49,467
Shares Issued 58.23m
Market Cap £64.05m
RiskGrade 172

Intercede Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.61% below the market average90.61% below the market average90.61% below the market average90.61% below the market average90.61% below the market average
83.53% below the sector average83.53% below the sector average83.53% below the sector average83.53% below the sector average83.53% below the sector average
Price Trend
98.06% above the market average98.06% above the market average98.06% above the market average98.06% above the market average98.06% above the market average
97.87% above the sector average97.87% above the sector average97.87% above the sector average97.87% above the sector average97.87% above the sector average
Income Not Available
Growth
28.42% above the market average28.42% above the market average28.42% above the market average28.42% above the market average28.42% above the market average
29.55% above the sector average29.55% above the sector average29.55% above the sector average29.55% above the sector average29.55% above the sector average

Intercede Group Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:27 1,500 @ 111.36p
14:58 633 @ 109.04p
14:15 200 @ 109.04p
12:06 15,000 @ 109.60p
12:07 15,000 @ 109.60p

Intercede Group Key Personnel

CEO Klaas van der Leest
CFO Nitil Patel

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