A Double in Revenue for Northcoders

Northcoders, a Manchester-headquartered company, reveals a 124% increase in revenue in the months ended 31st December 2021.

01:26 02 May 2022

Northcoders has reported a 124per cent increase in revenue to £3million in the 12 months ended 31st December 2021. 

 

The firm, which is currently one of the UK's leading independent providers of training programmes for soft coding, was listed on the AIM growth segment of the London Stock Exchange in July last year. It plans to open a new training hub in Birmingham city centre and another facility at Grimsby Town's stadium later this year. 

 

Chris Hill, the firm's CEO, said: “We are delighted to report such a strong set of maiden financial results, demonstrating that Northcoders is successfully delivering its IPO growth strategy,” 

 

“Consumer and corporate demand for our services continues to increase, and we are now extending our reach across the UK as planned through our hybrid product offering.

 

“As the need for software and technology skills continues to increase, and digital transformation takes priority for organisations in almost every sector, Northcoders’ market leading reputation is driving demand for our training. 

 

“This, coupled with our extended Government contract, gives us confidence in our ability to fulfil our significant growth ambitions.”