Intercede Group (IGP)

Sector:

IT Services

Index:

FTSE AIM All-Share

183.50p
   
  • Change Today:
      5.00p
  • 52 Week High: 212.00p
  • 52 Week Low: 75.00p
  • Currency: UK Pounds
  • Shares Issued: 58.61m
  • Volume: 49,824
  • Market Cap: £107.54m
  • RiskGrade: 172
  • Beta: 0.55

Intercede delivers record results as profits surge

By Benjamin Chiou

Date: Tuesday 18 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Full-year results from cybersecurity firm Intercede showed record revenues and profits, with numbers bolstered by contract wins with US government agencies.
Revenues totalled £20m in the year ended 31 March, up 65% on the year before, while net profit swelled 362% to £6.0m. Net cash from operating activities totalled £9.6m, up 231%.

The company, which specialises in digital identity tech, won a $6.6m contract with a large US federal agency - its largest single order to date - in December along with a $1.0m licence order from a new client in the US intelligence community in January.

Intercede said it has started the current financial year with "good visibility on the pipeline, known and fully resourced internal critical investments, and with a clear roadmap on our acquisition strategy".

"In this challenging global environment, the group has delivered record revenues in what has been an exceptional year. We look forward to building on this momentum," said chair Royston Hoggarth.

The stock was down 0.5% at 122.9p by 1002 BST.

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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 183.50p
Change Today 5.00p
% Change 2.80 %
52 Week High 212.00p
52 Week Low 75.00p
Volume 49,824
Shares Issued 58.61m
Market Cap £107.54m
Beta 0.55
RiskGrade 172

Intercede Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.3% below the market average76.3% below the market average76.3% below the market average76.3% below the market average76.3% below the market average
47.5% below the sector average47.5% below the sector average47.5% below the sector average47.5% below the sector average47.5% below the sector average
Price Trend
99.52% above the market average99.52% above the market average99.52% above the market average99.52% above the market average99.52% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
98.02% above the market average98.02% above the market average98.02% above the market average98.02% above the market average98.02% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

Intercede Group Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:33 10,459 @ 180.50p
16:13 1,099 @ 180.50p
16:07 270 @ 183.50p
15:44 758 @ 183.69p
15:29 650 @ 183.75p

Intercede Group Key Personnel

CEO Klaas van der Leest
CFO Nitil Patel

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