Intercede Expands Recurring Revenue Base and Strengthens Cash Position Despite Revenue Dip (ICP) (opens in new tab)

Subscription Growth Supports Resilient Performance Intercede (LSE:ICP) reported revenue of £17.2 million for the year, reflecting a modest decline compared with the previous period, while profitability also eased. Despite the softer top-line performance, the company continued to strengthen the quality of its revenue base. Recurring revenue increased to 66% of total revenue, while subscription...