Intercede

Intercede® is a cybersecurity company specializing in identity, credential management and secure mobility to enable digital trust. It provides software and services that help organizations ensure the safety and security of their people, facilities, networks and information in an increasingly mobile, digital world. Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world’s largest corporations, telecommunications providers and information technology firms, for over 20 years. Intercede’s MyID software is an identity and credential management system that enables organisations to create and assign trusted digital identities to employees, citizens and machines and in turn allows secure access to services, facilities, information and networks. MyID adheres to international standards, while remaining simple enough to be deployed onto consumer devices such as smartphones, tablets and other devices in the Internet of Things. In 2015 Intercede launched MyTAM; enabling trusted applications to be loaded into a mobile device’s Trusted Execution Environment (TEE), providing hardware-level security for Android apps. The cloud-based service provides a cost-effective and convenient way for developers and corporations to protect their apps and users’ sensitive data.
Type
Public
HQ
Lutterworth, GB
Founded
1992
Size (employees)
128 (est)+6%
Intercede was founded in 1992 and is headquartered in Lutterworth, GB

Intercede Office Locations

Intercede has offices in Lutterworth and Reston
Lutterworth, GB (HQ)
Lutterworth Hall St Mary's Rd
Reston, US
11951 Freedom Dr

Intercede Data and Metrics

Intercede Financial Metrics

Intercede's revenue was reported to be £11 m in FY, 2016 which is a 25% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

11 m

Revenue growth (FY, 2015 - FY, 2016), %

25%

Gross profit (FY, 2016)

10.6 m

Gross profit margin (FY, 2016), %

96%

Net income (FY, 2016)

(993 k)

Market capitalization (26-May-2017)

28.4 m

Closing share price (26-May-2017)

0.6

Cash (31-Mar-2016)

5.3 m
Intercede's current market capitalization is £28.4 m.
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Revenue

9.8 m8.8 m11 m

Revenue growth, %

(10%)25%

Cost of goods sold

99 k344 k410 k

Gross profit

9.7 m8.5 m10.6 m

Gross profit Margin, %

99%96%96%

Operating expense total

9.4 m10.2 m12.5 m

Pre tax profit

395 k(1.7 m)(1.9 m)

Net Income

780 k(1.3 m)(993 k)
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

7.2 m5.9 m5.3 m

Accounts Receivable

1.5 m781 k733 k

Current Assets

9 m7 m6.4 m

PP&E

757 k853 k864 k

Total Assets

9.8 m7.8 m7.3 m

Accounts Payable

431 k440 k609 k

Current Liabilities

3.6 m3.1 m3.8 m

Retained Earnings

780 k(1.3 m)(993 k)

Total Equity

6.2 m4.5 m3.4 m

Financial Leverage

1.6 x1.7 x2.2 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1.2 m(438 k)177 k

Cash From Financing Activities

(475 k)(688 k)(610 k)

Income Taxes Paid

385 k363 k892 k
Y, 2016

Financial Leverage

2.2 x

Intercede Market Value History

Intercede Revenue Breakdown

Intercede Online and Social Media Presence

Intercede News and Updates

Intercede Company Life and Culture

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