InterCard AG Informationssysteme completed the first half-year 2021 with a growth in revenues amounting to TEUR 10,423. During the comparable period of the previous year the concern’s revenues amounted to TEUR 9,200.
As expected, the revenues and result during the first half-year continued to be adversely affected by the continued closures in the university sector. During the previous year, due to a considerable orders backlog from 2019 it was possible to implement important projects in good time before the corona-virus pandemic, especially during the first quarter, thereby achieving relevant revenues. Against this background, the increase in revenues during this year is entirely due to the first consolidation of the new stockholding IDpendant during the first half-year. In future the revenues will then rise from a mixture of organic and anorganic growth.
During the first half-year the EBITDA lay at TEUR 835 (previous year 1,182), the EBIT at TEUR 299 (previous year 643), the EBT at TEUR 228 (previous year 594) and the annual surplus at TEUR 164 (previous year 206). It continued to be possible to cushion the decline in result in the affected areas by reductions in costs and a large share of high-margin existing business. The InterCard business models provide for a close long-term business relationship with existing customers in addition to new business.
Apart from a return to the expansion of new business, InterCard is also working on the expansion of licence-based business models for future years. All this will be made possible by the new ID system of InterCard. Unlike previous chipcard systems, it centralises all the data of those who are registered within the system, on the basis of the secure ID, and thereby creates numerous new opportunities in all the applications within the system: new payment options, the new app, the precise allocation of all processes for each person and the central administration of individual rights for physical and digital access. These features are all available right from the start with the new registration processes for new users. You will find more on this subject under www.intercard.org.
Thus the technical and organisational restructuring of InterCard creates the potential for increased revenues at low cost: for more international expansion, new markets and hospitals, the continuous addition of applications for the central ID and migrations to a higher technological standard for existing customers.