Final Results - There is a Tide...
​Intercede’s final results confirmed that it is making progress against its key medium term goals. Chief amongst these are the consolidation of MyID’s position within the core customer base, a strengthened financial position, the recruitment of key personnel and the launch of new applications for its software. Since the year end, Intercede has been awarded further contracts from its pipeline, brought in credible sales experience from ARM and launched MyIDaaS. We believe that the pace of news flow is likely to accelerate over the coming year as the Group continues to extend its involvement in key eco-systems within the mobile transaction and IoT environments. As a result, our new 2020 forecasts imply further growth and underpin a higher theoretical value.
Intercede Group is a holding company. Through its subsidiaries, Co. is a software and service company focuses on identity, credential management and secure mobility. Co.'s product portfolio includes MyID, an identity and credential management system that assigns trusted digital identities to employees citizens and machines. Co. also provides MyTAM, enabling trusted applications to be loaded into a mobile device's Trusted Execution Environment, providing hardware-level security for Android apps. Co. provides RapID, an authentication service for mobile apps and cloud services to eliminate the need for passwords.
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