We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Intercede Group Plc | IGP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 194.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 194.00 | 194.00 | 194.00 | 194.00 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Top Posts |
|---|
Posted at 08/1/2025 15:25 by pyman $$$$$$$$$ earner... as the pound goes down... up goes IGP earnings |
Posted at 08/1/2025 11:28 by martinmc123 4*Intercede Group, the leading cybersecurity software company specialising in digital identities, issued a positive update this morning noting continued momentum in the business with further contract orders and renewals worth over $5m in aggregate being signed during the month of December 2024. The new contract wins and renewals combined... ...from WealthOracle wealthoracle.co.uk/d |
Posted at 31/12/2024 18:19 by pyman Us treasury hack.. not a client of IGP?. If not...soon? |
Posted at 17/12/2024 07:47 by ianhamo Hopefully IGP will be involved with this!https://news.sk |
Posted at 08/10/2024 08:12 by wjccghcc 74tom, they set their expectations conservatively because they have little visibility over the large government license sales which usually come in H2. They had six upgrades over the last 2 years because of this.This time last year, the FY forecast was 13.3mm and they ended up at 20mm. We know from the CMD that there is a similar sized GSA contract up for grabs and a lot of DoD licenses likely over the next few years but the timing is always uncertain. Europe is also starting to play catchup with the US after release of the new regulations and Russian cyberwarfare, but again, the pace of the acceleration is unpredictable. If you buy IGP, you really ought to have a 5 year view as yearly revenues will be volatile. |
Posted at 19/8/2024 11:25 by rambutan2 Just to note that IGP have had a relationship with MSFT for many years, done projects with them etc, but nothing that turned into real revenue for IGP. However this reads more like the real deal. |
Posted at 19/8/2024 07:51 by smithie6 anyone have any feel for the potential number of FIDO keys this might mean, via Msft, in 2024, & over 5 years ?And a more difficult guess/estimate, what that might mean in terms of PAT for IGP ?? (FIDO key unit numbers is in a growth phase I think) (my guess is that the exciting part is the increase in future years rather than in '24 ...& the fact that I assume this is going to include recurring revenue (profit) since each FIDO key will surely pay (I hope !!) an annual fee which ends up with IGP (even if paid phps to Maoft). |
Posted at 13/8/2024 16:30 by smithie6 "hard to get back out of course ....."----- ..it's not so bad/illiquid imo 125k shares traded today let us suppose that that 50:50 buys:sells (which advfn automatic machine reckons it wasn't) (eventually buys must equal sells, over time) so, 62.5k shares sold at ~£1.6/share = £100k. ....imo today 1 person could have sold 20% of the total without too much hassle, £20k. If you had wanted to sell £40k worth today then you would imo have needed to leave the order to be filled/worked. (or perhaps not, since there were more buyers than sellers today the mkt would probably have gobbled up any more offerred sell trades) And some delayed reporting of trades did happen yoday, for buys I think. If anyone posting on here holds £40k worth of IGP, congratulations ! & yes selling that lot on 1 quiet market day might be tricky, or you just accept a lower quoted price because of the size. But most of us unfortunately don't hold so many IGP shares & we can get out at the quoted price, or better, without any problem, if we wanted. |
Posted at 03/1/2024 10:18 by marktime1231 Go back to the previous major announcement in December Smithie. US prime contractors bidding for work with US government agencies are doing the selling for IGP by including IGPs technology and services in their solutions. One off platform licenses, the costs of installation and maintenance plus in some cases a recurring subscription service. They said at that stage IGP were an integral component of many of the competing bids, a we-cannot-lose scenario. So IGP are selling (being sold) through multiple "channels", on a non-exclusive basis otherwise there would have been an announcement, and from the post-scripts to contract win news it seems IGP are going on to secure further business directly.I said at the time these are signals that major systems houses will see IGP as leveraging competitive advantage, a differentiator worth bringing in-house. At a forward p/e only around 10, and considering the stream of good news, this is looking like a bargain. Edit - and the first and only basket case stock in my basket of basket case stocks to turn blue. |
Posted at 24/11/2023 21:07 by somerset lad I'm not convinced anything is brewing. It may be that the strong share price movement just reflects investors thinking through the operational gearing involved in IGP growing revenues at a decent clip and keeping costs under control. There's a huge gap ("jaws") between GM and operating margin that provides an opportunity for significant operating margin expansion if the revenue growth comes through.IGP said “The ambition over the next 3-4 years is to double revenues" through organic growth and M&A. Purely for discussion (DYOR as always), let's take TTM numbers of £13.0m revenue, £934k PBT, £1.65m PAT and think what IGP might look like in 3.5 years time. Assume organic revenue growth of 12% p/a(IGP’s management is pretty conservative, so I expect they’re aiming for something materially better than 10%, more like 15-20%, but let's not get too far ahead of ourselves) for 3.5 years. £13.0m TTM revenue x 1.12 ^^ 3.5 = £19.3m. Assume costs growth of 6% p/a (with the vast majority of sales through partners, inflation falling and management very focused on cost, they might well come in below 6%). £12.066m TTM costs x 1.06 ^^ 3.5 = £14.8m. Annualised PBT in 3.5 years from organic growth = £19.3m - £14.8m = £4.5m. If IGP’s objective of doubling revenue in 3-4 years is to be met, it would need (on the assumptions of 12% revenue and 6% costs growth) to add £6.7m revenue through acquisition (£13.0m x 2 – £19.3m). (I appreciate that the aim of "doubling" revenue is broad brush, so using £6.7m is clearly spurious precision.) If we assume a post-merger operating margin of 15% on the £6.7m of hypothetical assumed revenue for the acquired business, this adds PBT of £1.0m, taking the PBT in 3.5 years to £5.5m (£4.5m organic + £1.0m acquired). (The purchase price for a business that adds PBT of £1.0m post synergies might be 13x or £13.0m, assuming that the synergies are significant. IGP currently has £9.7m gross cash and is generating cash (usually) ahead of earnings. It’s clearly beneficial for IGP to have net cash on the balance sheet because it provides assurance to large counterparties and partners, but it went into debt with the CLN so, if the acquisition opportunity arises in the near term on relatively depressed valuations, IGP could borrow modestly short term or raise a small slug of equity to support an acquisition at £13.0m.) Returning to the hypothesised PBT in 3.5 years of £5.5m, I’ll assume a tax rate of zero given the current large tax payments to IGP and the tax losses that are carried forward, giving a conservatively stated fully diluted EPS (using 62.4m shares) in 3.5 years time at 8.8p. You can pick your own PE on this hypothetical for a business that’s growing at a decent clip, generating lots of cash and benefiting from strong operational gearing. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
