Source - SMW
Intercede's  trading for the year to date is below expectations and the prior year.

The company says  it has had a slow start to the current financial year and is continuing to experience delays in the receipt of anticipated MyID licence orders from both new and existing customers.

The company says it still has a strong pipeline of MyID licence opportunities and is continuing to make good progress in pursuit of its short to medium term strategic objectives. 

However, the Board recognises that revenues for the full year are now likely to be lower than last year's record sales of £11.0m.