Market's view on Intercede
Published on April 2024
- There have been discussions about the recently announced one-off record contract by Klaas, with expectations of updates in FY25 that will potentially influence the share price.
- Intercede’s FY24 revenue exceeded expectations, rising from £19.5M to over £20M. A significant profit increase is also indicated, but specifics on the profit impact remain undisclosed. Despite the financial growth, there’s skepticism about the sustainability of this performance, with hopes for acquisition to drive sustainable profits.
- The muted response to additional good news from Intercede was noted, with discussions on the need for visibility into the company’s business pipeline to better assess future prospects.
- The incorporation of multi-factor authentication (MFA) into MyID CMS and its potential use in the US Armed Forces was highlighted, indicating possible expansion and increased utility of the solutions provided.
- Speculation about potential acquisitions, including the interest in SWG’s software division following a poor trading update, which could complement Intercede’s offerings.
- Concerns were expressed about the muted share price reaction despite positive financial updates, with a call for more transparent communication regarding future business opportunities.
- Discussions about various stock movements, like the addition of APH stock, and general market activities including denial of service attacks and their impact on companies.
- Interest was shown in new licenses and test environments for US Federal Agencies, indicating ongoing developments and potential for future contracts.
- There was mention of a feature in the Investors Chronicle which might boost the share price, reflecting the impact of media coverage on stock performance.
- Queries about the meaning of specific terms related to new licenses and environments, showing a gap in understanding or information available to investors.