Intercede is a cybersecurity company specializing in identity, credential management, and secure mobility to enable digital trust. The Company 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’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. Intercede also offers 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.
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TypePublic
HQLutterworth, GB
Founded1992
Size (employees)123 (est)-1%
Websiteintercede.com
Intercede was founded in 1992 and is headquartered in Lutterworth, GB
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Key People/Management at Intercede

Richard Parris

Richard Parris

Chairman and Chief Executive
Andrew Walker

Andrew Walker

Finance Director & Company Secretary
Jayne Murphy

Jayne Murphy

Operations Director
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Intercede Office Locations

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

Intercede Revenue

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Intercede's revenue was reported to be £9.20 m in FY, 2018
GBP

Revenue (FY, 2018)

9.2m

Gross profit (FY, 2018)

9.2m

Gross profit margin (FY, 2018), %

99.6%

Net income (FY, 2018)

(3.8m)

EBITDA (FY, 2018)

(4.3m)

EBIT (FY, 2018)

(4.5m)

Cash (31-Mar-2018)

2.3m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.0m1.2m1.8m1.6m1.8m2.1m2.6m2.8m5.7m6.2m6.9m7.0m6.7m9.8m8.8m11.0m8.3m9.2m

Revenue growth, %

(10%)25%

Cost of goods sold

945.0k450.0k528.0k266.0k113.0k115.0k74.0k30.0k41.0k66.0k22.0k112.0k24.0k99.0k344.0k410.0k116.0k41.0k

Gross profit

1.1m743.0k1.3m1.3m1.7m2.0m2.5m2.8m5.7m6.1m6.9m6.9m6.7m9.7m8.5m10.6m8.2m9.2m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.0m1.8m317.0k1.1m672.0k1.1m653.0k1.2m3.7m4.7m6.0m7.0m6.8m7.2m5.9m5.3m6.9m2.3m

Accounts Receivable

604.0k180.0k304.0k89.0k347.0k277.0k190.0k379.0k851.0k893.0k764.0k1.2m991.0k1.5m781.0k733.0k1.0m4.6m

Inventories

8.0k8.0k2.0k

Current Assets

2.7m2.2m863.0k1.2m1.1m1.4m887.0k1.6m4.6m5.6m6.9m8.3m7.8m9.0m7.0m6.4m8.2m7.4m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.1m)(1.9m)(911.0k)(863.0k)(244.0k)(306.0k)(368.0k)(87.0k)1.7m496.0k2.0m677.0k(572.0k)780.0k(1.3m)(993.0k)(3.9m)(3.8m)

Cash From Operating Activities

1.1m1.3m1.6m525.0k604.0k347.0k529.0k207.0k2.5m986.0k1.4m909.0k230.0k1.2m(438.0k)177.0k(3.0m)(5.0m)

Cash From Financing Activities

3.2m941.0k(34.0k)1.3m(2.0k)678.0k80.0k(10.0k)51.0k24.0k125.0k(475.0k)(688.0k)(610.0k)4.5m480.0k

Net Change in Cash

2.0m270.0k1.5m751.0k396.0k440.0k459.0k500.0k2.6m953.0k1.4m922.0k(198.0k)477.0k(1.4m)(630.0k)1.4m(4.5m)
GBPY, 2018

Revenue/Employee

74.8k

Financial Leverage

-2.5 x
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Intercede Revenue Breakdown

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Intercede revenue breakdown by geographic segment: 11.9% from Rest of Europe, 79.1% from North America and 9.0% from Other

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Intercede Online and Social Media Presence

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Intercede News and Updates

It’s time for businesses to stop playing Russian Roulette with our data

GDPR offers an opportunity for businesses to rethink the way they handle customer data.
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Intercede Blogs

New NIST guidance for mobile identity

The latest guidelines from NIST and NCCoE describe best practices to help you extend the security of PIV smart cards onto more convenient mobile phones and tablets.

World Password Day pass you by? Maybe it's time for a rebrand.

The message of World Password Day was to "layer up" by adding multi-factor authentication (MFA) to traditional passwords. But in many ways, this is missing the point: we should be migrating from passwords altogether.

Intercede Company Life and Culture

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