Prelims to March 2022 are in line with expectations amended at the April trading update. -4% constant currency revenue movement vs FY22 (-9% reported) was affected by the absence of large contract wins; however, EBITDA delivery of £0.8m (no R&D capitalised) was supported by 68% recurring Support & Maintenance revenue (£6.7m in FY22, vs £6.1m in FY21) and £2.2m professional services. The quality of product set is still evident in the initial orders from two prestigious Federal Agencies in the fin ....

08 Jun 2022
Intercede - Getting back on track
Intercede Group plc (IGP:LON) | 77.0 0 0.0% | Mkt Cap: 44.8m
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Andrew Darley | Kimberley Carstens
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14 pages
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Intercede - Getting back on track
Intercede Group plc (IGP:LON) | 77.0 0 0.0% | Mkt Cap: 44.8m
- Published:
08 Jun 2022 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
14 -
Prelims to March 2022 are in line with expectations amended at the April trading update. -4% constant currency revenue movement vs FY22 (-9% reported) was affected by the absence of large contract wins; however, EBITDA delivery of £0.8m (no R&D capitalised) was supported by 68% recurring Support & Maintenance revenue (£6.7m in FY22, vs £6.1m in FY21) and £2.2m professional services. The quality of product set is still evident in the initial orders from two prestigious Federal Agencies in the fin ....