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Cybersecurity company Intercede reported a rise in annual profit as jump in US revenue helped ease the impact from the Covid-19 pandemic.
For the year ended 31 March 2021, pre-tax profit was £1.1 million from £574,000 year-on-year as revenue increased 6% to £11.0 million.
'While the COVID-19 pandemic has adversely impacted key markets in Europe and the Middle East, US revenues have increased by 14%,' the company said.