Northcoders Group (CODE)

Sector:

IT Services

Index:

FTSE AIM All-Share

 62.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 295.00
  • 52 Week Low: 45.00
  • Currency: UK Pounds
  • Shares Issued: 8.01m
  • Volume: 29,366
  • Market Cap: £4.97m

Northcoders FY underlying performance in line with expectations

By Iain Gilbert

Date: Tuesday 25 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Training programmes provider Northcoders said on Tuesday that its 2021 full-year underlying performance had been in line with expectations.
Northcoders said it had delivered a "strong result" in the year ended 31 December, with cashflow benefiting from additional course funding available from its contract under the Department for Education's "Lifetime Skills Guarantees" and "Plan for Jobs" initiatives.

Looking ahead, Northcoders stated revenue visibility for the new financial year stood at just over £3.0m, with consumer demand for its core "boot camp" courses growing strongly and a training hub in Newcastle also being successfully opened to complement the firm's presence in Manchester and Leeds.

The AIM-listed group also noted that the Department for Education had advised that funding had been increased further, due to the successful delivery of student courses through the first funding round, leading to a further £1.65m in funding for training courses to be delivered between February and September of 2022.

"This is a credit to the team within Northcoders who, despite increased Covid restrictions, managed to award 294 training programmes at short notice on behalf of the Department for Education in the six months ending January 2022," said Northcoders.

Northcoders will release its full-year results for the twelve months ended 31 December on 26 April.

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CODE Market Data

Currency UK Pounds
Share Price 62.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 295.00
52 Week Low 45.00
Volume 29,366
Shares Issued 8.01m
Market Cap £4.97m

CODE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.56% above the market average68.56% above the market average68.56% above the market average68.56% above the market average68.56% above the market average
82.72% above the sector average82.72% above the sector average82.72% above the sector average82.72% above the sector average82.72% above the sector average
Price Trend
90.22% below the market average90.22% below the market average90.22% below the market average90.22% below the market average90.22% below the market average
90.59% below the sector average90.59% below the sector average90.59% below the sector average90.59% below the sector average90.59% below the sector average
Income Not Available
Growth
46.60% above the market average46.60% above the market average46.60% above the market average46.60% above the market average46.60% above the market average
54.43% above the sector average54.43% above the sector average54.43% above the sector average54.43% above the sector average54.43% above the sector average

CODE Dividends

No dividends found

Trades for 28-May-2025

Time Volume / Share Price
15:51 5,459 @ 61.00p
11:16 1,748 @ 62.70p
10:28 5,000 @ 61.00p
10:25 5,000 @ 61.00p
10:18 48 @ 63.60p

CODE Key Personnel

CEO Christopher David Hill
COO Amul Batra
CFO Charlotte Prior

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