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Northcoders Group PLC (GB:CODE)
LSE:CODE
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Northcoders Group PLC (CODE) Price & Analysis

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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%)

Bulls Say, Bears Say

Bulls Say
Diversified Revenue StreamsNorthcoders' mixed revenue model—individual tuition, B2B/public-sector contracts and employer-linked placement arrangements—creates multiple demand channels. This reduces concentration risk, supports steadier enrollment and employer demand, and helps sustain revenue through different economic cycles.
Meaningful Gross ProfitReportedly 'gross profit remains meaningful', indicating core training services have positive unit economics. Meaningful gross margins provide operational levers to restore profitability through fixed-cost discipline and can support scalable growth as enrolment and placement rates recover over the medium term.
Moderate Leverage Vs Prior WeaknessThe balance sheet shows moderate debt relative to equity and a material improvement from the negative equity position in 2020. This structural repair provides a stronger footing and lower interest burden, giving management more flexibility to invest or restructure without immediate solvency pressure.
Bears Say
Sharp Revenue Decline And Profit VolatilityA ~39% revenue decline and the swing from profit to deep losses indicate high business volatility and weak demand execution. Such abrupt deterioration undermines forecasting, stresses margins and could require structural changes to the commercial model or cost base to restore sustainable, predictable earnings.
Weak And Inconsistent Cash GenerationPersistent negative or volatile free cash flow across multiple years shows weak cash conversion of operations. This increases dependence on external funding, limits capacity to reinvest in curriculum or sales, and reduces the company's ability to weather enrollment slumps without dilutive or costly financing.
Eroded Equity Reduces Financial FlexibilityA material fall in equity during 2025 shrinks the balance sheet buffer and heightens refinancing risk. Reduced equity makes future capital raises more dilutive or expensive, constrains strategic options and elevates solvency and liquidity risk if earnings or cash flow do not recover sustainably.

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 £1.56M.
      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 28 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. Get more investment ideas with TipRanks Premium
            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.

                  Northcoders Group PLC (CODE) Earnings & Revenues

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