Intercede, the Lutterworth-based cybersecurity software company, is expected to report a more than 20% increase in revenue for its latest financial year.
In a trading update for the year ending 31 March 2023 (FY23), Intercede said its underlying trading performance has “continued to show strong momentum.”
The business is now anticipating revenues for FY23 to be just over £12m, growing from £9.9m in the year prior and ahead of market forecasts.
Intercede added that the “combined effect of increased revenues and tight management of costs under the group’s control, is expected to result in improved profitability.”
In October Intercede acquired Authlogics.
