Intercede (#IGP) – FY EPS down to 5.7p after “procurement delays and extended customer decision‑making cycles”, “trading year to date has been in line with the board’s expectations”

Intercede – emphasises “renewals and new contract orders”, but still much progress required to meet expectations…

Describing itself as a “leading cybersecurity software company specialising in digital identities”, Intercede Group (IGP) has issued a “Trading Update, Renewals and New Contract Orders”-titled announcement and what of the shares currently more than 6% higher at 83p in response?

Intercede (#IGP) – notes a recent “number of contract renewals and new business wins”, though following procurement delays and customer purchasing deferrals

Intercede – full-year trading warning including blaming “heightened geopolitical uncertainty”. Er, what about the trading performance from earlier in the year though?…

Describing itself as a “leading cybersecurity software company specialising in digital identities”, Intercede Group (IGP) has issued a “trading update” including “procurement delays, particularly in the United States, and customer purchasing deferrals attributable to heightened geopolitical uncertainty” but also that it “expects to deliver continued annual recurring revenue growth… order intake momentum improved in H2”. So what about its trading performance in the context of its valuation at an around 80p share price?

Intercede (#IGP) – warns “procurement delays, particularly in the United States, and customer purchasing deferrals attributable to heightened geopolitical uncertainty”

Intercede – trading update maintains it’s to deliver “in line with current market expectations”, but how confident to really be of that?…

Describing itself as a “leading cybersecurity software company specialising in digital identities”, Intercede Group (IGP) has issued a “Trading Update, New Contract awards and Renewals”-titled announcement. So what about the shares currently at 157p in response, more than 10% down?

Intercede (#IGP) – expects FY “improved forecasted profitability”

Intercede (#IGP) – “new contract orders… underpin the group's revenue for FY25 and contracted revenue backlog”

Intercede (#IGP) – H1 revenue +22% to approx. £8.54m in line with expectations, cash £16.2m

Intercede (#IGP) – expects FY improved profitability from higher revenue and operational gearing

Intercede (#IGP) – new contract and conversions mean further upgrading of FY expectations

Intercede – trading warning, how much business was it hoping for from after its 30th March announcement?!

Cybersecurity group specialising in digital identities, derived credentials and access control, Intercede (IGP) has announced “delays have been experienced with a number of large new opportunities that had been expected to close this year… revenues are lower than market expectations… expected to be in the region of £9.9-10.0m”. What of a share price fall in response from 58.5p to currently 46p?...

Intercede – shares up on US Federal Government order, what’s factored in?...

Intercede (IGP), “the leading specialist in digital identity, credential management and secure mobility, is pleased to announce that a large US Federal Government order totaling $3.4m was received on 29 March”. What of a share price currently up to 64p in response?...

Intercede – argues “further good progress”, but how good considering the valuation?

Previously writing on “digital identity, credential management and secure mobility” cybersecurity group Intercede (IGP), in July with the shares at 115p I questioned “Connect Partner Programme & Q1 Contract Wins” share price rise justified?. The shares last closed at 91.5p and are currently further lower at 87.5p on the back of a trading update.

Intercede (#IGP) – H1 adj. revenue c. +9%, “positive operating cashflow”

Intercede Group – “Connect Partner Programme & Q1 Contract Wins” share price rise justified?...

A “Connect Partner Programme & Q1 Contract Wins”-titled announcement from cybersecurity provider Intercede Group (IGP) sees the shares currently 13% higher at 115p. Does this response look justifiable?...

Intercede – “New Contract Win”… but what of the valuation now?

Previously writing on cybersecurity group specialising in digital identities, credential management and secure mobility Intercede (IGP), last year with the shares at 27p I concluded including the adventurous investor might consider a small, speculative buy here. Today a “new contract win with a large US defence contractor” and the shares a further more than 8% higher… to 86p! So what of the valuation now?...

Intercede (#IGP) – H1 revenue £4.8m (2019: £4.4m), “positive operating cashflow”

Intercede – large US Federal Government order… but a 60%+ share price rise?

An announcement from Intercede Group (IGP) commencing that “Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce that a large US Federal Government order totaling $4.3m was received” – and the shares have currently responded to 27p, more than 60% higher!...

Intercede (#IGP) – expects FY return to profit on higher revenue, US Federal Government order