Northcoders Group PLC (GB:CODE)
LSE:CODE
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CODE Stock Chart & Stats
32.00 p
0.00 p(0.00%)
At close: 4:00 PM EST
32.00 p
0.00 p(0.00%)
Day’s Range― - ―
52-Week Range23.77 p - 66.50 p
Previous CloseN/A
Volume4.00
Average Volume (3M)11.25K
Market Cap
£2.04M
Enterprise Value1.62M
Total Cash (Recent Filing)£1.62M
Total Debt (Recent Filing)£1.20M
Price to Earnings (P/E)―
Beta-0.36
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
Diversified Revenue ModelNorthcoders operates across individual training, corporate upskilling and talent-placement lines. This multi-channel model reduces single-segment concentration risk, enables cross-selling between corporate and consumer customers, and supports more stable demand for tech skills over the medium term.
Moderate LeverageReported debt of roughly £1.2m versus £2.3m equity implies moderate leverage. While equity weakened in 2025, the balance sheet is not highly leveraged, which helps limit interest burden and provides some capacity to raise targeted funding or absorb short-term shocks without imminent solvency pressure.
Core Gross ProfitabilityManagement still generates meaningful gross profit, and the firm achieved profitable years recently (e.g., 2022 and 2024). This indicates underlying unit economics can support margins if revenue stabilises and fixed costs are managed, improving the prospects for a sustainable return to profitability.
Bears Say
Sharp Revenue DeclineA near 40% year decline materially reduces scale and worsens fixed-cost absorption, weakening margins and operating leverage. Such a steep contraction impairs the company’s ability to invest in growth, undermines placement volumes and may force pricing or structural changes to restore sustainable topline momentum.
Weak And Volatile Cash GenerationCash conversion has been inconsistent, with frequent negative free cash flow (notably 2021–2023 and 2025). Persistent or recurring negative cash flow heightens refinancing risk, limits reinvestment in curriculum and sales, and raises dependence on external funding during downturns, reducing financial resilience.
Profitability Volatility And Large LossesThe company’s earnings have alternated between profit and loss years, culminating in a deep 2025 loss. This volatility erodes equity, strains stakeholder confidence, complicates long-term planning and hiring, and means management must address structural cost or demand issues to deliver reliably positive results.
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 23.77 p and its highest was 66.50 p in the past 12 months.
What is Northcoders Group PLC’s market cap?
Northcoders Group PLC’s market cap is £2.04M.
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 124 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 -0.387 p.
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 provides various training programs for software coding to individual, government, and corporate customers in the United Kingdom. The company provides bootcamp training courses, government-funded apprenticeships, and bespoke training courses. It offers its courses through classroom and online teaching. Northcoders Group PLC was incorporated in 2021 and is headquartered in Manchester, the United Kingdom.