- Digital identity services company Intercede reported an increase in first-half revenue.

Revenues for the six months ended 30 September 2021 totalling £4.9 million were approximately 2% higher on a reported basis.

'This is in line with expectations and reflects orders received from both new and existing customers as previously advised in announcements on 5 July and 15 September 2021,' the company said.

The company also reported positive operating cashflow during the period with cash balances as at 30 September 2021 totalling £8.5 million compared to £8.0 million as at 31 March 2021.

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