Intercede (#IGP) – H1 revenue +12%, operating losses “reduced to less than £1.0m”

Intercede – large order just before year-end. Ahead of expectations then? Er…

Intercede Group (IGP) “is pleased to announce that a large US Federal Government order totaling $4.0m was received on 28 March 2018. The order includes software licenses and annual support & maintenance; $2.05m (£1.46m) of which will be recognised in the financial year ended 31 March 2018”. Great, ahead of expectations then?…

Intercede – founder & CEO steps down… & how’s the balance sheet?

I was initially bearish on “software and service company specialising in identity, credential management and secure mobility”, Intercede (IGP) in 2016 at above 60p and most recently last month at below 30p. Today it’s below 25p and a Directorate Change announcement…

Intercede – argues “strategically important” contract award… though still how’s the balance sheet?

Cybersecurity group Intercede (IGP) has announced a New Contract Award, which it emphasises “is a strategically important project that exploits many of the new technologies Intercede has developed over the last two years”...

Intercede – new contracts… but take a look at the balance sheet

Intercede (IGP) has announced “a contract with a UK Government Ministerial department”, following half-year results and “a contract with a large European bank” last week…

Intercede – from “confidence that we will experience a strong second half” to “material” warning in 1 month… & why not until 1:58pm?

A 5th October trading statement saw Intercede Group (IGP) Chairman & CEO Richard Parris conclude with “confidence that we will experience a strong second half to the financial year, notwithstanding likely budget difficulties in our traditionally large US government customer base”. Now another “Trading Update”?...

Intercede (#IGP) – trading update doesn’t mention profit/loss. Notes likely budget difficulties in US government customer base

Intercede (#IGP) – received some orders from pipeline by end of trading period as US returning to normal

Intercede – following a bullish January announcement, now blames ‘The Donald’ for another profit warning ahoy!

Having previously gone from “well positioned for future growth” to trading “below expectations” in just over 3 months, cybersecurity group Intercede (IGP) has now followed a January announcement of a record $3 million order (“demonstrates that Intercede continues to win orders for its MyID technology platform in spite of the continuing budget constraints within the US Government”) with that “the order book as of 2 March 2017 indicates that, unless further orders are received that can be recognised as revenue in the current period, the revenue outturn for the financial year ending 31 March 2017 will be approximately £8 million”. Uh oh…

Intercede (#IGP) – profit warning unless further current period revenue orders are received, blames Trump

Intercede (#IGP) raises £5m largely in CULS converting at 68p, some equity at 57p

Intercede – from “well positioned for future growth” to trading “below expectations” in just over 3 months…

Intercede (IGP), a software and service company specialising in jargon to describe what it does (sorry, specialising in “identity, credential management and secure mobility”) has announced it “has had a slow start to the current financial year and is continuing to experience delays in the receipt of anticipated MyID license orders from both new and existing customers”. Uh-oh…

Intercede (#IGP) – “Trading Update” = Profit Warning

Intercede (#IGP) - nasty and unpleasant profits warning