Intersec Strengthens Market Position with 37% ARR Growth

Paris, France, November 5, 2024 – Intersec, a global leader in telecom metadata and location intelligence solutions, announces outstanding results for its fiscal year 2023-24. The company achieved a 37% year-on-year increase in Annual Recurring Revenue, further advancing its transition to a subscription-based model across all regions, particularly in Europe, the Middle East, Asia-Pacific, and Africa, and accelerated project deployments thanks to a transition to the cloud.

Key Achievements

• 37% growth in Annual Recurring Revenue (ARR)
• 25% increase in recurring revenue
• Profitable growth

Growth Drivers

• 5G Expansion: The peak of 5G adoption has led to increased demand from Mobile Network Operators for network geolocation upgrades for regulatory compliance, legal obligations, and innovation purposes.
• Civil Protection: With no region spared from civil emergencies – natural and industrial disasters, terrorist attacks, geopolitical instability -, governments require robust systems to enhance resilience.
• Homeland Security: Law enforcement agencies express growing interest in leveraging mobile networks and metadata analysis technologies, especially as traditional methods face encryption challenges.

Yann Chevalier, CEO of Intersec, stated:

"Our consistent growth underscores the value we provide to clients in civil protection, homeland security, and telecommunications as we collaboratively address pressing issues such as climate change, public safety, and peace, justice and strong institutions, all of which promoted by the United Nations as pressing challenges in the years to come. As we enhance our AI-powered applications, we are well-positioned to deliver ongoing value to our customers while ensuring sustained growth and profitability in the years ahead.”

With a presence on five continents, the Company's growth is continuing with similar KPIs into 2024-25, with a strongly growing pipeline, positive momentum, and promising prospects across all operating markets.

About Intersec

Intersec is a global leader in telecom metadata and location intelligence solutions. Designed by fast data experts, our solutions guide governments and telcos in their data-driven revolution to build tangible value, from efficiently warning people in case of danger to driving new sources of revenue. Our 80 clients in 40 countries leverage our instruments to reach, locate, and map nearly one billion connected devices 24/7, and our mission-critical communication solutions cover 400 million people around the world. Headquartered in France, Intersec places Privacy by Design well beyond accepted standards, it assures regulatory compliance, no matter where our clients operate.

For further information: Charlotte Cardona, VP Communications, +33 6 74 39 12 93, charlotte.cardona [at] intersec.com