Reported Earnings • Jun 25
Full year 2026 earnings released: EPS: UK£0.057 (vs UK£0.069 in FY 2025) Full year 2026 results: EPS: UK£0.057 (down from UK£0.069 in FY 2025). Revenue: UK£17.2m (down 3.2% from FY 2025). Net income: UK£3.38m (down 17% from FY 2025). Profit margin: 20% (down from 23% in FY 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Annuncio • Jun 23
Intercede Group plc, Annual General Meeting, Sep 24, 2026 Intercede Group plc, Annual General Meeting, Sep 24, 2026. New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (€78.1m market cap, or US$90.4m). Buy Or Sell Opportunity • May 20
Now 28% overvalued Over the last 90 days, the stock has fallen 8.3% to €1.22. The fair value is estimated to be €0.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years. Annuncio • May 19
Intercede Group plc to Report Fiscal Year 2026 Results on Jun 23, 2026 Intercede Group plc announced that they will report fiscal year 2026 results on Jun 23, 2026 Buy Or Sell Opportunity • Apr 21
Now 23% overvalued Over the last 90 days, the stock has fallen 12% to €1.14. The fair value is estimated to be €0.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years. New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (€53.3m market cap, or US$61.1m). Buy Or Sell Opportunity • Feb 03
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €1.36. The fair value is estimated to be €1.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years. Reported Earnings • Nov 26
First half 2026 earnings released: EPS: UK£0.021 (vs UK£0.028 in 1H 2025) First half 2026 results: EPS: UK£0.021 (down from UK£0.028 in 1H 2025). Revenue: UK£8.21m (down 3.9% from 1H 2025). Net income: UK£1.24m (down 25% from 1H 2025). Profit margin: 15% (down from 20% in 1H 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. New Risk • Nov 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €86.4m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Market cap is less than US$100m (€86.4m market cap, or US$99.6m). Board Change • Nov 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Non-Executive Director Dan O'Brien was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 09
Intercede Group plc to Report First Half, 2026 Results on Nov 25, 2025 Intercede Group plc announced that they will report first half, 2026 results on Nov 25, 2025 Annuncio • Sep 22
Intercede Group plc Announces Board and Committee Changes, Effective 25 September 2025 Intercede Group plc announced that Ms. Tina Whitley has informed the Board of her decision to step down after three years of dedicated service. She will officially leave the Board immediately following the Company's Annual General Meeting on 25 September 2025. Tina has been a highly valued member of the Board, bringing her extensive experience from NEC Software Solutions (NEC) to help guide and support Intercede's global growth. In addition to her Board role, Tina has served as Chair of the Remuneration Committee, providing thoughtful leadership and governance oversight. Due to her increasing responsibilities with NEC Group, Tina has made the decision to step down from the Board. Following the departure of Tina, John Linwood will be appointed to the Chair of the Remuneration Committee, after the AGM on 25 September 2025. Annuncio • Jul 25
Intercede Group plc Announces Latest Version of Its Credification System - MyID CMS Intercede announced that the latest version of its credential management system - MyID CMS - is the first to support Enterprise Attestation within the FIDO authentication framework. Integrated with Yubico's industry-first Enterprise Attestation-enabled security keys - the YubiKey, MyID CMS v12.15 delivers a complete solution for organizations requiring the highest levels of security and device control. Enterprise Attestation represents a critical advancement in enterprise security architecture, providing organizations with the ability to identify and verify individual authenticators before allowing access to regulated and protected environments. Unlike standard FIDO implementations that prioritise user privacy through anonymous attestation, Enterprise Attestation enables IT administrators to maintain precise visibility and control over security devices deployed across their organisation. The new capabilities within MyID CMS addresses a persistent challenge in enterprise FIDO deployments: the gap between strong authentication and organisational control. With Enterprise Attestation, only approved, company-issued authenticators are permitted to be issued to access sensitive systems, while maintaining detailed audit trails of device management across the organisation. Key benefits of the integrated solution include: Device-level visibility: Complete tracking and management of security keys throughout their lifecycle; Policy enforcement: Granular control over which devices can access specific resources; Audit compliance: Comprehensive logging and reporting for regulatory requirements; Risk mitigation: Immediate ability to identify and revoke compromised or lost devices; Seamless integration: Native support within existing identity and access management infrastructure. In addition to Enterprise attestation, MyID CMS v12.,15 adds support for PIN management features including minimum PIN length and forcing a PIN change at first usage. These enable 'issue on behalf of' scenarios and bring additional organisational control and security benefits. Intercede's collaboration with Yubico gives organizations access to the complete technology stack needed for the deployment of YubiKeys at scale. YubiKey's are the first hardware authenticators to implement Enterprise Attestation capabilities, providing the foundation for the MyID CMS platform. Annuncio • Jun 24
Intercede Group plc, Annual General Meeting, Sep 25, 2025 Intercede Group plc, Annual General Meeting, Sep 25, 2025. Annuncio • May 22
Intercede Group plc to Report Fiscal Year 2025 Results on Jun 24, 2025 Intercede Group plc announced that they will report fiscal year 2025 results on Jun 24, 2025 Annuncio • May 02
Intercede Collaborates with Microsoft and Yubico to Enhance Enterprise Security with Stronger Authentication Intercede announced the launch of its latest version of MyID CMS that enables the management of Passkeys with Microsoft Entra ID. Administrators can now use the credentials management system to seamlessly manage FIDO Passkeys on devices including the Yubico YubiKey family of products, that can then be used to securely authenticate to Entra ID protected resources. The solution enables organizations to use seamless, secure authentication processes by combining the strengths of the Intercede, Yubico, and Microsoft technology platforms. By integrating Entra ID's robust FIDO2 provisioning API's with MyID CMS and YubiKeys, enterprises can now implement an end-to-end secure issuance and life cycle management solution for FIDO Passkeys, whether in Cloud or Hybrid Entra ID solutions, manage PKI and FIDO credentials on a single YubiKey, as well as support for using a Passkey as a Derived Credential. Key highlights of MyID 12.14 Entra ID Capabilities: Compliance with NIST SP800-63B digital identity guidelines; Simplified FIDO passkey issuance and lifecycle management; Manage passkeys alongside other credential types such as certificates; Applying expiry dates to passkeys - automatically revoke the credential for fixed term workers, or for temporary passkey usage; Support for passkeys as a derived credential, compliant with NIST SP800-157. The combined solution addresses growing enterprise needs for robust, flexible, and user-friendly phishing resistant authentication systems. By eliminating traditional complexity in credential management, the collaboration empowers organizations to implement more agile and secure identity verification strategies. Annuncio • Apr 08
Intercede Group plc Provides Revenue Guidance for the Fiscal Year Ended March 31, 2025 Intercede Group plc provided revenue guidance for the fiscal year ended March 31, 2025. Revenues for 2025 are expected to be approximately £17.7 million (2024: £20 million), 11.4% lower than 2024, with the previous year benefiting from an exceptional perpetual licence and associated support and maintenance order of £6.3 million. The Group's revenues are 9.6% lower on a constant currency basis. Recurring support & maintenance and subscription revenues of £10.2 million represented 58% of total revenues, reflecting the continued progress in licence wins and low churn rates. Annuncio • Nov 21
Intercede Group plc Teams Up with Infinigate NL to Co-Operate in the Netherlands Intercede announced a strategic partnership with Infinigate NL. The collaboration between Intercede and Infinigate NL represents a major step in making advanced digital identity management accessible to a broader market. By leveraging Infinigate NL's established customer base, Intercede's state-of-the-art authentication technology will be able to reach a wider array of businesses. This collaboration aims to significantly expand the availability of Intercede's innovative identity solutions, in particular leveraging the strength of Infinigate NLs relationship with Yubico, the global cybersecurity company, to provide an integrated enterprise management solution for Yubico's extensive YubiKey product suite. Key highlights of this collaboration include: 1. Expanded offering of Intercede's cutting-edge authentication technology to Infinigate NL's established customer base; 2. Seamless integration and Enterprise management for Yubico's product suite; and 3. Enhanced local expertise for customers through Infinigate NL's Customised solutions tailored to specific industry needs, leveraging Infinigate NL's market insights. Annuncio • Oct 01
Intercede Group plc to Report First Half, 2025 Results on Nov 26, 2024 Intercede Group plc announced that they will report first half, 2025 results on Nov 26, 2024 Board Change • Aug 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Tina Whitley was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Tina Whitley was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jun 19
Intercede Group plc, Annual General Meeting, Sep 25, 2024 Intercede Group plc, Annual General Meeting, Sep 25, 2024. Annuncio • Jun 06
Intercede Group plc to Report Fiscal Year 2024 Results on Jun 18, 2024 Intercede Group plc announced that they will report fiscal year 2024 results on Jun 18, 2024 Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Tina Whitley was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Mar 23
Intercede Group plc Provides Earnings Guidance for the Year Ending 31 March 2024 Intercede Group plc provided earnings guidance for the year ending 31 March 2024. The current market forecast for the year ending 31 March 2024 is revenue of £19.2 million. Annuncio • Mar 21
Intercede Group plc Announces New Product Launch of MyID MFA v5 Intercede has released the latest iteration of its Multi-Factor Authentication MyID MFA product, version 5 ("MyID MFA v5"). MyID MFA v5 delivers enhanced security, flexibility, and easier integration for organizations seeking to protect their applications, data, and networks. It positions Intercede as the leader in the stronger authentication space, offering a comprehensive and user-friendly solution from passwords to PKI, for today's evolving security landscape. Key Features of MyID MFA v5: FIDO Passkeys: MyID MFA v5 allows organizations to leverage FIDO Passkeys, enabling a secure and passwordless user experience. It acts as both a FIDO authentication server and a passkey issuance solution, supporting both Syncable Passkeys (mobile phone based) and Device Bound Passkeys (on dedicated devices like, but not limited to, YubiKeys); Streamlined Security and User Experience: MyID MFA v 5 incorporates Identity Provider (IDP) capabilities, offering a single sign-on solution for applications, Windows desktops, self-service portals, and password resets. Additionally, it integrates with existing credentials and IDPs, minimising deployment costs; Enhanced Windows Desktop Agent: The Windows Desktop Agent now supports federation, 3rd party authenticators, and FIDO passkeys; and Integration with MyID CMS: MyID MFA v five integrates with MyID CMS, providing a centralised management platform for all user credentials and life cycle management. Annuncio • Nov 21
Intercede Group plc Provides Earnings Guidance for the Year Ending 31 March 2024 Intercede Group plc provided earnings guidance for the year ending 31 March 2024. The current market forecast for the year ending 31 March 2024 is revenue of £13.3 million. Annuncio • Oct 24
Intercede Group plc to Report First Half, 2024 Results on Nov 21, 2023 Intercede Group plc announced that they will report first half, 2024 results on Nov 21, 2023 Annuncio • Oct 21
Intercede Group plc Appoints Daniel O'brien as Non-Executive Director Intercede Group plc announced the appointment of Daniel O'Brien to the Board of Intercede as a Non-Executive Director with immediate effect. Mr. O'Brien ('Dan') brings over 30 years' experience in financial roles across successful listed, PE backed and privately owned international organisations. Dan studied at the University of Cambridge prior to qualifying as a chartered accountant at Deloitte in 1991 where he spent 8 years working in Audit Assurance. He has held senior finance roles in a range of multinational companies including COLT Telecoms, Eidos Plc, Huveaux Plc as Group Finance Director, Shine Group as Chief Financial Officer and Tarsus Group as both Chief Financial Officer and Chief Operating Officer. At Tarsus, Dan was a lead executive overseeing the take private acquisition by Charterhouse and the subsequent sale of the business to Informa plc for approximately $1 billion. Dan currently sits on the advisory board of several organizations including Cuil Bay Capital. Annuncio • Jun 21
Intercede Group plc Appoints John Linwood as Non-Executive Director Intercede announced the appointment of John Linwood as a Non-Executive Director with immediate effect. Mr. Linwood has over 40 years' experience in the technology sector, gained delivering large scale technology led transformation projects in public, private and government organisations. Mr. Linwood has held management positions in multiple global organizations including Yahoo, the Ministry of Defence, BBC and Microsoft, where he spearheaded the creation and growth of MSN. Mr. Linwood sits on several boards, including the National Grid Energy System Operator and Brooks Macdonald Group plc. Mr. Linwood was also a member of the Board of a UK Government Agency for 6 years and currently is an adviser to another Government Agency, in addition to his role with the Ministry of Defence. Previously, he held advisory and board level roles at Petroleum Edge Ltd, DRS Data and Research Services plc, Brunel University, Star Alliance Airline Group and he also founded three software development startups. The company also announced that Chuck Pol and Rob Chandhok, Non-Executive Directors of the Company, will step down from the Board in due course following an orderly transition of responsibilities. Annuncio • Jun 20
Intercede Group plc, Annual General Meeting, Sep 21, 2023 Intercede Group plc, Annual General Meeting, Sep 21, 2023. Location: Lutterworth Hall, St. Mary's Road, Lutterworth, Leicestershire, LE17 4PS Lutter Worth United Kingdom Agenda: Annual meeting of shareholders. Annuncio • Jun 12
Intercede Group plc to Report Fiscal Year 2023 Results on Jun 20, 2023 Intercede Group plc announced that they will report fiscal year 2023 results on Jun 20, 2023 Annuncio • Nov 11
Intercede Group plc to Report First Half, 2023 Results on Nov 22, 2022 Intercede Group plc announced that they will report first half, 2023 results on Nov 22, 2022 Annuncio • Oct 11
Intercede Group plc (AIM:IGP) acquired Authlogics for £5.5 million. Intercede Group plc (AIM:IGP) acquired Authlogics for £5.5 million on October 10, 2022. Under the terms of transaction, £2.5 million was paid in cash and earnout payment of up to £3 million. The initial consideration of £2.5 million will be satisfied using the Group's existing cash resources. The Intercede Board believe that the acquisition will be earnings accretive in the financial year commencing 1 April 2023.
Intercede Group plc (AIM:IGP) completed the acquisition of Authlogics on October 10, 2022. Annuncio • Jun 30
Intercede Group Announces Executive Changes Intercede Group plc announced that Royston Hoggarth, Non-Executive Director of the Company will succeed Chuck Pol as the Company's Chairman. Chuck Polhas been Chairman for the last four years, during which time the Group has considerably strengthened its market position and is now well positioned for the future. Chuck will step back into a Non-Executive role with immediate effect. The Company is also delighted to announce the appointment of Tina Whitley as Independent Non-Executive Director with effect from 1 July 2022. Tina has over 30 years' experience across the information technology sector. She currently holds the position of CEO at NEC SoftwareSolutions. Previously she was the Managing Director responsible for the Capita SIMS Further Education and Libraries businesses and, prior to Capita Group, she was Director of Operations at Convergys. She has extensive commercial, operational and technical experience. Reported Earnings • Jun 09
Full year 2022 earnings released: EPS: UK£0.013 (vs UK£0.03 in FY 2021) Full year 2022 results: EPS: UK£0.013 (down from UK£0.03 in FY 2021). Revenue: UK£9.93m (down 9.5% from FY 2021). Net income: UK£723.0k (down 53% from FY 2021). Profit margin: 7.3% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.8%, compared to a 12% growth forecast for the industry in Germany. Annuncio • Jun 09
Intercede Group plc, Annual General Meeting, Sep 21, 2022 Intercede Group plc, Annual General Meeting, Sep 21, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Rob Chandhok was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 12
Intercede Group Appointment of Nitil Patel as Chief Financial Officer Intercede Group plc announced the appointment of Nitil Patel as Chief Financial Officer with effect from 19 April 2022. Mr. Patelis a Fellow of the Institute of Chartered Accountants in England & Wales and has over 25 years' financial experience in both industry and public practice. He most recently held the position of interim CFO at D4t4 Solutions plc. As announced on 23 November 2021, Andrew Walker will remain with Intercede as a Director until June to ensure a smooth transition through the year end audit. Recent Insider Transactions • Apr 09
CEO & Director recently bought €60k worth of stock On the 5th of April, Klaas van der Leest bought around 105k shares on-market at roughly €0.58 per share. This was the largest purchase by an insider in the last 3 months. This was Klaas' only on-market trade for the last 12 months. Annuncio • Apr 06
Intercede Group plc Provides Revenue Guidance for the Year Ended 31 March 2022 Intercede Group plc provided revenue guidance for the year ended 31 March 2022. Revenues for the year ended 31 March 2022 is expected to be in the region of £9.9 million to £10.0 million, which is approximately 9% lower than the previous financial year (4% lower at constant exchange rates). Buying Opportunity • Feb 28
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be UK£0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% per annum over the last 3 years. The company has become profitable over the last 3 years. Reported Earnings • Nov 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.009 (vs UK£0.009 in 1H 2021). Revenue: UK£4.86m (up 2.0% from 1H 2021). Net income: UK£539.0k (up 22% from 1H 2021). Profit margin: 11% (up from 9.3% in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.5%, compared to a 29% growth forecast for the industry in Germany. Annuncio • Nov 24
Intercede Group plc Re-Affirm Earnings Guidance for the Second Half of Fiscal Year 2022 Intercede Group plc remain cautious of the effects of COVID-19, the Board can confirm that the outlook for the second half of fiscal year 2022 continues to remain in line with management's expectations. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 15% share price gain to UK£1.29, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 34x in the Software industry in Germany. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS UK£0.03 (vs UK£0.02 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£11.0m (up 5.9% from FY 2020). Net income: UK£1.53m (up 52% from FY 2020). Profit margin: 14% (up from 9.7% in FY 2020). Reported Earnings • Jun 09
Full year 2021 earnings released: EPS UK£0.03 (vs UK£0.02 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£11.0m (up 5.9% from FY 2020). Net income: UK£1.53m (up 52% from FY 2020). Profit margin: 14% (up from 9.7% in FY 2020). Annuncio • Apr 08
Intercede Provides Revenue Guidance for the Year Ended 31 March 2021 Intercede provided revenue guidance for the year ended 31 March 2021. revenues for the year ended 31 March 2021 are expected to be in the region of £11.0 million, which is in line with market expectations and approximately 6% higher than the previous financial. Annuncio • Mar 05
Aware and Intercede Team Up to Drive Progress in Securing Identities Globally Aware, Inc. announced a new partnership with Intercede. By combining forces, both companies are poised to drive progress in securing peoples’ identities, and address today’s digital security concerns head on. Aware and Intercede both understand the need for organizations to provide safe and simple access to their sensitive assets. As a leading global cybersecurity solutions provider, Intercede leverages Aware’s biometric solutions including Astra™, AwareXM™ and PreFace™ in its MyID Credential Management System, a software platform enabling federal agencies and large enterprises to issue and manage digital identities, as well as issue smart-card based credentials that enable secure multi-factor authentication. By combining their cybersecurity and biometric expertise, Intercede and Aware will continue to protect enterprises, federal agencies and law enforcement against the rising threat of data breaches and identity theft. This partnership marks the beginning of a five-year agreement between Aware and Intercede, with the option to extend. The two companies have already enjoyed a collective win, securing a contract with a United States federal agency to protect its most valuable assets from external attacks. MyID is a credential management system (CMS) that enables organizations to deploy digital identities to a wide range of secure devices simply, securely and at scale. The Aware-Intercede partnership is highly complementary and further strengthens the offerings of two best-of-breed companies in the rapidly expanding domain of digital identity. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.11, the stock is trading at a trailing P/E ratio of 40.6x, up from the previous P/E ratio of 34.5x. This compares to an average P/E of 34x in the Software industry in Germany. 
