Intersec, a global leader in mobile data and location intelligence solutions, recorded historical results for the fiscal year ended March 31, 2022. Revenues grew by 40% compared to the same period of the previous year.
This unprecedented performance is driven by the company's increased footprint in the mission-critical communication (MCX) market and is supported by a strong focus on global operations, bringing experts closer to clients. Intersec now serves 65 communication service providers and public authorities in more than 50 countries.
Excellent top-line momentum in EMEA and Asia was recorded with strong double-digit increases in each region. Intersec has also registered another profitable year with a significant increase of the EBITDA margin. 250,000,000 additional people and devices located 24/7 via Intersec’s solutions, reaching 850,000,000 at the end of the fiscal year, and getting quickly closer to a billion. 40% of the headcount is global, compared to 25% in FY2021.
Yann Chevalier, Intersec CEO, said, “This was our most successful year since the business' inception in 2004. We are continuing to build on this momentum to grow both our top- and bottom-line at double-digit rates amid heightened uncertainty in the technology sector. We continue to see growing demand for our Public Safety suite and capitalize on the telco-to-techco transformation to position our 5G-ready location platform.”