Our way
More than two million users have registered their personal ID in an identification system by SECANDA. Once they have registered, they can use it securely and as they wish for a large number of connected access and payment systems. With their personal chipcard or app – linked to their central ID.
Every year, our customers need well over half a million new and individually coded chipcards. They receive updates, upgrades, new system components and the security of knowing that we are always reliably there for them whenever we are needed.
In the case of payment and access systems at universities and technical universities in Germany and Switzerland, SECANDA is already the clear market leader today with its central chipcard and a market share of more than 80%. But that is not enough: we want to make our central ID – and hence the identification system of SECANDA – the standard for increasing numbers of organisations, companies and communities. And new registered users are being added every day.
Group companies
Group structure – or how many companies become one big team
SECANDA is here. Since the summer of 2022, InterCard AG Informationssysteme has been called SECANDA AG.
Since the end of 2022, our subsidiary InterCard GmbH Kartensysteme has also been called SECANDA, and since spring 2023 even together with our subsidiary IntraKey. Both companies together have now become our largest subsidiary: SECANDA Systems AG. With an integrated team, common customers, a single face-to-the-customer and even better integrated systems.
And our new acquisition MADSENSE S.L. will also be called SECANDA Systems S.L. from summer 2022.
With the software developers of SECANDA Systems S.L., we are not only developing the next generation of ID systems. At the same time, the company is also our new sales location for Spain and Portugal. What we have succeeded in doing in Germany and Switzerland, we shall also succeed in doing there: Market leadership in the field of payment and identification systems at universities and colleges.
Our new acquisition H. Schomäcker GmbH has ideally complemented our business since autumn 2022.
In the 2021 financial year, we had already further streamlined our Group structure in order to better bundle our strengths. At the beginning of the year, Multicard GmbH was merged with InterCard GmbH Kartensysteme. The successful Multicard team is now strengthening the sales activities there.
In the second half of 2021, we merged our Swiss subsidiaries Polyright and Multi-Access, which are based in Zurich and Sion. SECANDA last held 100% of the shares in both companies. Both companies, which were competitors in the past, had already merged their locations and worked together successfully. Numerous migration projects have already resulted from the new cooperation.
Current news
Latest news
Half-year figures 2023
SECANDA AG (formerly InterCard) closed the first half of 2023 with revenue growth to EUR 12,099 thousand. In the same period of the previous year, the group’s revenues amounted to KEUR 10,844. This is due to the positive business development in our DIGITAL ACCESS & CYBER SECURITY division, which grew from kEUR 2,351 to kEUR 3,253. The remaining growth is acquisition-related, after the PHYSICAL ACCESS & TIME area largely stagnated. The IDENTIFICATION & PAYMENT segment did not yet meet our expectations in the first half of 2023.
In the first half of the year, EBITDA in the Group according to IFRS was KEUR 41 (previous year: 730), EBIT was KEUR -555 (previous year: 190), EBT was KEUR -661 (previous year: 112) and net income was KEUR -555 (previous year: 103).
Already at the beginning of the year, it was decided to significantly reduce costs across the Group. The cost reductions will take full effect in the second half of this year. The next step is no longer just about cost reductions, but rather a realignment and restructuring of the largest subsidiary SECANDA Systems AG.
Admittedly, the new smart card and app-based systems have been and are still being commissioned with delay by the universities and in the new markets. Nevertheless, it has become apparent that the new systems are in demand on the market and are being purchased. Several universities and student unions have already commissioned one of the new systems, which enables the parallel operation of chip card and app.
Veritable further offers have been placed. However, decision-making is complex, also because different areas of responsibility are involved. At the same time, client resources for decisions and tenders are very strained after the end of the pandemic.
After a low turnover and a loss in the first half of 2023, we expect a profit again in the second half of 2023.
Publication of insider information in accordance with Article 17 of Regulation (EU) no. 596/2014
Archive
Publication of insider information in accordance with Article 17 of Regulation (EU) no. 596/2014
Financial publications
Dates 2023
Annual General Meeting
Annual General Meeting 2023
Our Annual General Meeting 2023 has already taken place:
The Annual General Meeting approved all items on the agenda.
Financial calendar
20 June 2023, 1.00 p.m.
Annual General Meeting 2023
Villingen-Schwenningen in presence
11. August 2023
Half-year figures
01 January 2023 – 30 June 2023
Revenues development SECANDA concern
The figures in overview SECANDA concern (IFRS)
Acquisitions and concern structure
Since our stock market launch in 2006 we have joined together with our most important competitors. In this way we can increase our market shares, combine our expertise and continuously offer new functions and features for our central ID, the chipcard and the app.
We want to win over additional companies for our group and our vision. At the same time, we are becoming more and more efficient on the way to our shared goal: a personal and secure ID from SECANDA – for every user and all systems.
Find out more about our subsidiaries, their business activities, revenues shares and ownership structure – and our journey together.
IR Contact
Stefan Thoma
SECANDA AG
Marienstraße 10
D-78054 Villingen-Schwenningen
Phone: +49 7720 – 9945 – 48
Fax: +49 7720 – 9945 – 10
E-mail: investor.relations@secanda.com
Disclaimer for forward-looking statements
The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.
The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning.
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We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward- looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.
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