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CODE Stock Chart & Stats
19.25 p
0.00 p(0.00%)
At close: 4:00 PM EDT
19.25 p
0.00 p(0.00%)
Day’s Range― - ―
52-Week Range18.00 p - 40.00 p
Previous CloseN/A
Volume8.00
Average Volume (3M)11.25K
Market Cap
£1.54M
Enterprise Value2.10 p
Total Cash (Recent Filing)£1.62M
Total Debt (Recent Filing)£1.20M
Price to Earnings (P/E)―
Beta-0.33
Next Earnings
Sep 22, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.38
Shares Outstanding8,011,469
10 Day Avg. Volume6,194
30 Day Avg. Volume11,248
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.09
Price to Sales (P/S)0.51
P/FCF Ratio-18.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Scalable Training Business ModelNorthcoders operates a multi-channel revenue model (individual tuition, B2B/public-sector contracts, employer-linked placements). These diversified streams and outcomes-based links create recurring and contractable demand for skills training, supporting revenue resilience when student intake or corporate cohorts scale.
Moderate Leverage Vs Prior DistressDebt is modest relative to equity, and the balance sheet has improved since 2020 when equity was negative. That moderate leverage provides financial headroom to manage working capital and short-term losses without immediate insolvency pressure, giving management time to execute turnaround actions.
Positive Gross-profit EconomicsDespite a volatile top line, the business retains meaningful gross profit, indicating core courses have positive unit economics. That implies that with stable enrolment or tighter operating costs, the company can restore operating margins and leverage fixed costs to drive sustained profitability over a medium-term horizon.
Bears Say
Sharp Revenue DeclineA ~39% revenue drop materially reduces the base needed to cover fixed costs and weakens recruiting and placement volumes. Such a steep decline suggests demand or contract loss issues that will constrain margin recovery and cash generation over several quarters unless enrolments or corporate deals rebound.
Weak, Inconsistent Cash GenerationRepeated negative free cash flow indicates the company struggles to convert earnings into cash and may rely on external funding or balance sheet flexibility. That pattern limits ability to reinvest in growth, absorb shocks, or pursue strategic hires without raising additional capital or cutting costs.
Profitability Volatility And Equity ErosionLarge swing from profit to deep loss and a material decline in equity reduce resilience to further shocks. Historical volatility (loss years in 2020, 2021, 2023 and 2025) shows earnings instability, which constrains strategic options and raises the likelihood management must pursue austerity or capital raises to restore balance-sheet strength.
Northcoders Group PLC News
CODE FAQ
What was Northcoders Group PLC’s price range in the past 12 months?
Northcoders Group PLC lowest share price was 18.00 p and its highest was 40.00 p in the past 12 months.
What is Northcoders Group PLC’s market cap?
Northcoders Group PLC’s market cap is £1.54M.
When is Northcoders Group PLC’s upcoming earnings report date?
Northcoders Group PLC’s upcoming earnings report date is Sep 22, 2026 which is in 49 days.
How were Northcoders Group PLC’s earnings last quarter?
Northcoders Group PLC released its earnings results on Apr 29, 2026. The company reported -0.387 p earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Northcoders Group PLC overvalued?
According to Wall Street analysts Northcoders Group PLC’s price is currently Overvalued.
Does Northcoders Group PLC pay dividends?
Northcoders Group PLC does not currently pay dividends.
What is Northcoders Group PLC’s EPS estimate?
Northcoders Group PLC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Northcoders Group PLC have?
Northcoders Group PLC has 8,011,469 shares outstanding.
What happened to Northcoders Group PLC’s price movement after its last earnings report?
Northcoders Group PLC reported an EPS of -0.387 p in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.455%.
Which hedge fund is a major shareholder of Northcoders Group PLC?
Currently, no hedge funds are holding shares in GB:CODE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Northcoders Group PLC
Northcoders Group PLC, established in 2021 and based in Manchester, UK, offers a wide array of software coding education programs across the United Kingdom. The company serves a diverse client base, including private individuals, government organizations, and corporate entities. Its offerings span intensive bootcamp courses, government-backed apprenticeships, and tailor-made training solutions, all delivered through both traditional classroom settings and flexible online platforms.