Intercede Shares Rise on Increased Revenue Forecast After New US Intelligence Contract
- Intercede Group shares rose 14.5% on market forecast beat
- Awarded $1 million license order from new US intelligence community client
- New client also paying $200,000 annual subscription
- Revenue forecast for fiscal 2024 is £18 million, up from £12.1 million in 2023
- Adjusted EBITDA forecast for fiscal 2024 is £5.2 million, up from £1.3 million in 2023