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Northcoders Group PLC Achieves Record Revenue and Profitability in FY24

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Northcoders Group PLC ( (GB:CODE) ) has issued an announcement.

Northcoders Group PLC reported record revenue and profitability for the year ending December 2024, with a 24% increase in revenue to £8.8 million and a significant rise in gross profit. The company has successfully diversified its revenue streams and expanded its course offerings, which has strengthened its reputation as a top technology training provider in the UK. The company has also secured new contracts and debt financing to support future growth, and it continues to see positive engagement from hiring partners, indicating a promising start to FY25.

More about Northcoders Group PLC

Northcoders Group PLC is a leading UK technology training company, specializing in providing high-quality training courses in technology, including areas like AI and Machine Learning. The company focuses on bridging the digital skills gap by empowering individuals to pursue careers in technology, thereby contributing to innovation and economic recovery.

YTD Price Performance: -35.34%

Average Trading Volume: 3,999

Technical Sentiment Signal: Buy

Current Market Cap: £9.45M

For a thorough assessment of CODE stock, go to TipRanks’ Stock Analysis page.

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