Intercede ( (GB:IGP) ) has provided an update.
Intercede Group PLC has announced a series of new contract orders and subscription renewals amounting to approximately $4.45 million, highlighting continued business momentum in the US and Middle East. These contracts include significant renewals with US federal and banking clients, as well as new orders from government agencies in the Middle East. The orders are expected to exceed the Board’s revenue expectations for FY25 and bolster the company’s contracted revenue backlog for FY26, underscoring Intercede’s strong market position and diversified pipeline.
More about Intercede
Intercede is a cybersecurity software company specializing in digital identities. Its innovative solutions help organizations protect against data breaches caused by compromised user credentials. Intercede’s product suite offers a range of security options, from secure registration and ID verification to password security management and PKI, supporting customers in transitioning to passwordless environments. The company also provides professional services and manages the world’s largest password breach database. For over 20 years, Intercede has been trusted by global customers across various sectors, including government, aerospace, defense, and financial services.
YTD Price Performance: -19.21%
Average Trading Volume: 92,413
Technical Sentiment Signal: Sell
Current Market Cap: £83.89M
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