Northcoders Group PLC

Northcoders Group PLC

LLSE:CODE
21.50
GBX
0.00
(0.00%)
252.36MMarket Cap
Apr 27Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.16
0.29
0.19
0.52
0.8
0.89
1.1
0.62
- -
Basic EPS, GAAP
0.01
0.06
-0.14
-0.06
0.05
-0.13
0.05
-0.38
- -
Free Cash Flow per Basic Share
0.02
0.08
-0.08
-0.24
-0.04
-0.02
0.05
-0.01
- -
Dividend per Share
- -
0.02
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.01
0.06
-0.08
0.31
0.6
0.6
0.66
0.29
0.29
Tangible Book Value per Share
- -
0.04
-0.13
0.24
0.49
0.22
0.24
0.09
0.09
Basic Weighted Avg Shares
7
7
7
6
7
8
8
8
8
Sales/Revenue/Turnover
1
2
1
3
6
7
9
5
- -
Operating Margin (%)
3.34
22.1
-52.02
-4.52
7.99
-6.88
5.04
-23.48
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
2
- -
Net Income, GAAP
- -
- -
-1
- -
- -
-1
- -
-3
- -
Effective Tax Rate (%)
- -
0.96
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.23
20.88
-70.23
-11.9
6.42
-14.18
4.41
-61.19
- -
Working Capital
- -
- -
- -
2
4
2
2
2
2
LT Debt
- -
- -
1
1
1
1
- -
1
1
Total Equity
- -
- -
-1
2
5
5
5
2
2
Return on Invested Capital (%)
- -
70.39
- -
- -
- -
- -
6.93
- -
- -
Return on Capital (%)
- -
88.12
- -
- -
- -
- -
7.99
- -
- -
Return on Common Equity (%)
- -
173.19
- -
- -
10.58
-21.29
7.68
-79.33
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
15
4
3

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
3
4
3
Cash, Cash Equivalents & STI
1
2
2
Accounts Receivable, Net
- -
1
1
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-84.72%
-56.27%
Free Cash Flow
- -
-76.03%
-117.09%
Net Income, GAAP
- -
-331.98%
-878.84%
Sales/Revenue/Turnover
- -
43.51%
-43.88%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
7
2024
- -
- -
9
2025
- -
- -
5

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.13
2024
- -
- -
0.05
2025
- -
- -
-0.38

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Christopher David Hill
Full Time Employees
79
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Cubo, No.1 Manchester ENG United Kingdom M3 3EB
IPO Date
Jul 27, 2021
Business
Northcoders Group PLC (CODE.L) is a United Kingdom-based technology training provider specializing in software coding and digital skills programs for individual, corporate, and government customers. Founded in 2015 and headquartered in Manchester, England, the company offers bootcamp-style courses, government-funded apprenticeships, bespoke corporate training solutions, and software development services across software development, data engineering, and cloud engineering (DevOps); its brands include Northcoders for entry-to-senior level training and Tech Returners for professionals re-entering tech, delivered through physical sites in Manchester, Leeds, Birmingham, and Newcastle, alongside virtual learning nationwide. The group operates primarily in the UK EdTech sector, targeting businesses for talent attraction, upskilling, reskilling, succession planning, onboarding, and retention to address the digital skills gap, with a network of over 600 corporate hiring partners. Recent developments include its business-to-business consultancy division securing new assignments, renewals, and extensions worth over £700,000 in November 2025, encompassing projects with corporate and government clients exceeding £450,000; a registered office relocation to Bloc, 17 Marble Street, Manchester M2 3AW in January 2025; and a charge registration in March 2025, alongside resilient financial performance with H1 2024 revenue of £4.4 million (up 26%) and a return to profitability. In January 2024, Northcoders won its largest-ever UK Department for Education government funding contract, bolstering its apprenticeship offerings.