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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Type
Public
HQ
Lutterworth, GB
Founded
1992
Size (employees)
123 (est)-1%
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 £8.29 m in FY, 2017
GBP

Revenue (FY, 2017)

8.3 m

Gross profit (FY, 2017)

8.2 m

Gross profit margin (FY, 2017), %

98.6%

Net income (FY, 2017)

(3.9 m)

EBITDA (FY, 2017)

(4.5 m)

EBIT (FY, 2017)

(4.7 m)

Cash (31-Mar-2017)

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

Revenue

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

Revenue growth, %

(10%)25%

Cost of goods sold

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

Gross profit

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

Cash

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

Accounts Receivable

604 k180 k304 k89 k347 k277 k190 k379 k851 k893 k764 k1.2 m991 k1.5 m781 k733 k1 m

Inventories

8 k8 k2 k

Current Assets

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

Net Income

(1.1 m)(1.9 m)(911 k)(863 k)(244 k)(306 k)(368 k)(87 k)1.7 m496 k2 m677 k(572 k)780 k(1.3 m)(993 k)(3.9 m)

Cash From Operating Activities

1.1 m1.3 m1.6 m525 k604 k347 k529 k207 k2.5 m986 k1.4 m909 k230 k1.2 m(438 k)177 k(3 m)

Cash From Financing Activities

3.2 m941 k(34 k)1.3 m(2 k)678 k80 k(10 k)51 k24 k125 k(475 k)(688 k)(610 k)4.5 m

Net Change in Cash

2 m270 k1.5 m751 k396 k440 k459 k500 k2.6 m953 k1.4 m922 k(198 k)477 k(1.4 m)(630 k)1.4 m
GBPY, 2017

Revenue/Employee

65.5 k

Financial Leverage

23 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 Company Life and Culture

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