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Intercede Group PLC - Lutterworth, England-based cybersecurity software company - Posts revenue of £12.1 million for financial year ended on March 31, up 22% from £9.9 million the year before. Pretax profit increases to £626,000 from £323,000, as gross profit rises to £11.7 million from £9.7 million the year before. Operating profit increases to £571,000 from £390,000. Looking ahead, says it has been an ‘encouraging’ year. Backs current momentum as it focuses on growth. Chair Royston Hoggarth says: ‘It has been a promising year of both financial and operational progress, and Intercede is now strongly positioned for further growth. With the current macro-economic environment harder to assess and navigate, the group will continue to be vigilant on its liquidity position and is well placed to make strategic acquisitions when the opportunity arises.’ Current stock price: 49.00 pence each, down 8.4% on Tuesday at midday in London 12-month change: up 4.3% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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