Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). Non- Executive Chairman Angela Williams was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • May 20
Northcoders Group PLC, Annual General Meeting, Jun 22, 2026 Northcoders Group PLC, Annual General Meeting, Jun 22, 2026. Location: cubo, no1 spinningfields, m3 3eb, manchester United Kingdom Duyuru • Apr 01
Northcoders Group PLC to Report Fiscal Year 2025 Results on Apr 29, 2026 Northcoders Group PLC announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Apr 29, 2026 Duyuru • Aug 22
Northcoders Group PLC to Report First Half, 2025 Results on Sep 30, 2025 Northcoders Group PLC announced that they will report first half, 2025 results on Sep 30, 2025 Duyuru • Aug 01
Northcoders Group PLC Provides Revenue Guidance for the First Half of 2025 Northcoders Group PLC provided revenue guidance for the first half of 2025. Revenues for first half -2025 are expected to be £3.7 million (first half-2024: £4.4 million), reflecting the previously announced slower access to Government funding. Duyuru • May 19
Northcoders Group PLC, Annual General Meeting, Jun 26, 2025 Northcoders Group PLC, Annual General Meeting, Jun 26, 2025. Location: bloc, 17 marble street, m2 3aw, manchester United Kingdom Duyuru • Mar 17
Northcoders Group PLC to Report Fiscal Year 2024 Results on Apr 23, 2025 Northcoders Group PLC announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 23, 2025 Duyuru • Mar 05
Northcoders Group PLC Announces Launching a Brand New B2C Training Bootcamp Course Focusing on AI and Machine Learning Northcoders Group PLC announces it is launching a brand new B2C Training Bootcamp course focusing on AI and Machine Learning. The Group has carried out market research for the last year to optimise the skills offering and ensure maximum demand. The curriculum covers the principles of Data Engineering, Machine Learning, Cloud Technologies and the Engineering at the heart of AI language models. The fully online course, spanning 14 weeks, will start on 16 June 2025. The launch reflects Northcoders' ability to diversify and provide technology training of the highest calibre in the most sought-after disciplines in the digital training market. Recent Insider Transactions • Oct 28
Founder recently sold €365k worth of stock On the 22nd of October, Christopher Hill sold around 190k shares on-market at roughly €1.92 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Reported Earnings • Sep 23
First half 2024 earnings released: EPS: UK£0.014 (vs UK£0.032 loss in 1H 2023) First half 2024 results: EPS: UK£0.014 (up from UK£0.032 loss in 1H 2023). Revenue: UK£4.35m (up 26% from 1H 2023). Net income: UK£108.4k (up UK£359.3k from 1H 2023). Profit margin: 2.5% (up from net loss in 1H 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Aug 21
Northcoders Group PLC to Report First Half, 2024 Results on Sep 17, 2024 Northcoders Group PLC announced that they will report first half, 2024 results on Sep 17, 2024 New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Market cap is less than US$100m (€14.4m market cap, or US$15.5m). Duyuru • May 19
Northcoders Group PLC, Annual General Meeting, Jun 20, 2024 Northcoders Group PLC, Annual General Meeting, Jun 20, 2024. Location: manchester technology centre, 103 oxford road, m1 7ed, manchester United Kingdom Reported Earnings • Apr 30
Full year 2023 earnings released: UK£0.13 loss per share (vs UK£0.051 profit in FY 2022) Full year 2023 results: UK£0.13 loss per share (down from UK£0.051 profit in FY 2022). Revenue: UK£7.10m (up 27% from FY 2022). Net loss: UK£1.01m (down 380% from profit in FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Consumer Services industry in Europe. Duyuru • Apr 05
Northcoders Group plc Launches Brand New Part-Time B2c Software Development Bootcamp Northcoders Group PLC is launching a brand new part-time B2C software development bootcamp that aims to make careers in tech even more accessible and to increase the number of people from different backgrounds taking its courses. The part-time bootcamp, with the same award-winning and industry-recognised approach as Northcoders' full-time equivalent, is designed to equip aspiring developers with the full stack software development skills needed to launch successful coding careers. The curriculum covers both front-end and back-end coding and has a special emphasis on web application development. Spanning 30 weeks, the programme requires a minimum of 3.5 hours of contact time and eighth ours of self-study each week. Live lectures and seminars are scheduled twice a week, with lectures being recorded for those who cannot attend in real-time. This flexible learning schedule ensures it is feasible to learn to code around family or employment commitments, particularly accessible for those who are not able to terminate existing contracts before training for their new career of choice. This reflects North coders' dedication to fostering a supportive and inclusive learning environment. A significant emphasisis also on collaborative learning. Through study groups,students will benefit from one-on-one mentoring sessions as well as specific debugging support to help them navigate coding challenges. This approach will ensure that students not only learn coding but also develop problem-solving skills that are essential in the tech industry. Duyuru • Mar 12
Northcoders Group PLC to Report Fiscal Year 2023 Results on Apr 30, 2024 Northcoders Group PLC announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Sep 20
First half 2023 earnings released: UK£0.032 loss per share (vs UK£0.028 profit in 1H 2022) First half 2023 results: UK£0.032 loss per share (down from UK£0.028 profit in 1H 2022). Revenue: UK£3.45m (up 46% from 1H 2022). Net loss: UK£250.9k (down 230% from profit in 1H 2022). Revenue is expected to decline by 156% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in Europe are expected to grow by 3.9%. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.14, the stock trades at a trailing P/E ratio of 41.2x. Average forward P/E is 14x in the Consumer Services industry in Europe. Total loss to shareholders of 44% over the past year. Duyuru • Aug 24
Northcoders Group PLC to Report First Half, 2023 Results on Sep 19, 2023 Northcoders Group PLC announced that they will report first half, 2023 results on Sep 19, 2023 Duyuru • May 06
Northcoders Group PLC, Annual General Meeting, Jun 01, 2023 Northcoders Group PLC, Annual General Meeting, Jun 01, 2023, at 10:00 Coordinated Universal Time. Location: Manchester Technology Centre, 103 Oxford Road Mancheseter United Kingdom Reported Earnings • Apr 27
Full year 2022 earnings released: EPS: UK£0.051 (vs UK£0.061 loss in FY 2021) Full year 2022 results: EPS: UK£0.051 (up from UK£0.061 loss in FY 2021). Revenue: UK£5.60m (up 86% from FY 2021). Net income: UK£359.5k (up UK£717.7k from FY 2021). Profit margin: 6.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Services industry in Europe. Duyuru • Feb 08
Northcoders Group PLC (AIM:CODE) entered into an agreement to acquire Tech Returners Limited from Rebecca Ferguson and James Heggs for approximately £1.58 million. Northcoders Group PLC (AIM:CODE) entered into an agreement to acquire Tech Returners Limited from Rebecca Ferguson and James Heggs for approximately £1.58 million on February 7, 2023. The initial consideration of £1.33 million will be satisfied on completion by payment of £0.33 million as cash consideration and the issue of approximately 0.32 million new ordinary shares of £0.01 each in the capital of Northcoders. Deferred consideration of £0.25 million is payable twelve months post completion in cash. The cash and deferred consideration will be financed through the Northcoders Group's existing cash and debt resources. Tech Returners is expected to be fully integrated into the Group by Q2 of 2023 and will continue to operate under its existing brand. In its last reported results for the year ended November 30, 2022, management accounts of Tech Returners indicated revenues of over £0.8 million and a breakeven position. The Tech Returners founders, Rebecca Ferguson and James Heggs will join the Northcoders senior leadership team on completion of the acquisition. The completion of the acquisition is conditional on admission to trading of the Consideration Shares which is expected to take place on February 8, 2023. Mike Coe, Darshan Patel and Sarah Mather of WH Ireland Limited acted as the financial advisor to Northcoders Group. Duyuru • Jan 31
Northcoders Group PLC Provides Revenue Guidance for the Year 2023 Northcoders Group PLC provided revenue guidance for the year 2023. Revenue visibility for the forthcoming year currently stands at £5.4 million, an increase of 79% compared to the same time last year. Recent Insider Transactions • Nov 29
Founder recently sold €68k worth of stock On the 24th of November, Christopher Hill sold around 20k shares on-market at roughly €3.50 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Duyuru • Nov 23
Northcoders Group PLC has completed a Follow-on Equity Offering in the amount of £2.083332 million. Northcoders Group PLC has completed a Follow-on Equity Offering in the amount of £2.083332 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 694,444
Price\Range: £3
Transaction Features: Subsequent Direct Listing Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non- Executive Chairman Angela Williams was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 21
First half 2022 earnings released: EPS: UK£0.028 (vs UK£0.002 in 1H 2021) First half 2022 results: EPS: UK£0.028 (up from UK£0.002 in 1H 2021). Revenue: UK£2.37m (up 336% from 1H 2021). Net income: UK£193.5k (up UK£184.3k from 1H 2021). Profit margin: 8.2% (up from 1.7% in 1H 2021). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Services industry in Europe. Duyuru • Aug 31
Northcoders Group PLC to Report First Half, 2022 Results on Sep 20, 2022 Northcoders Group PLC announced that they will report first half, 2022 results on Sep 20, 2022 Duyuru • May 18
Northcoders Group PLC, Annual General Meeting, Jun 24, 2022 Northcoders Group PLC, Annual General Meeting, Jun 24, 2022, at 10:30 Coordinated Universal Time. Location: Manchester Technology Centre, 103 Oxford Road, M1 7ED Manchester United Kingdom Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non- Executive Chairman Angela Williams was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 29
COO & Director recently sold €152k worth of stock On the 25th of October, Amul Batra sold around 64k shares on-market at roughly €2.37 per share. This was the largest sale by an insider in the last 3 months. This was Amul's only on-market trade for the last 12 months. 
