01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

Vela Technologies #VELA – Investee co Northcoders #CODE interim results September 19, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA investee company Northcoders (AIM:CODE), an independent provider of training programmes for software coding, announces its results for the six months ended 30 June 2023 “Group continues to grow despite challenging macro environment with record demand for consumer training bootcamps” Financial Highlights ·        Revenue grew to £3.5 million (H1 2022: £2.4million), an increase of 46% ·        Record demand for consumer bootcamp training, delivering revenues in H1 2023 of £2.8 million (H1 2022: £1.7 million)…

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#VELA TECHNOLOGIES PLC – INVESTEE CO. #CODE – FINAL RESULTS April 25, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Northcoders (AIM: CODE), an independent provider of training programmes for software coding, is pleased to announce its Final Results for the year ended 31 December 2022 (‘FY22’ or the ‘Period’). Financial Highlights ·    Group revenue up 86%1 to £5.6 million (FY21: £3.0 million) o  Consumer revenue increased by 77%1 to £4.9 million (FY21: £2.8 million) o  Corporate revenue increased by 189%1 to £0.7 million (FY21: £0.3 million) ·    Gross profit up 82%1 to £3.9 million (FY21: £2.2 million) with a gross profit margin…

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Vela Technologies #VELA investee company Northcoders #CODE interim results September 20, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Northcoders (AIM:CODE), an independent provider of training programmes for software coding, is pleased to announce its results for the six months ended 30 June 2022 (‘H1 2022’ or the ‘Period’).  Financial Highlights ·    Revenue more than doubled to £2.37 million in H1 2022 (H1 2021: £1.09 million), an increase of 117% o  Particularly strong demand for bootcamp training, delivering revenues in H1 2022 of £1.72 million (H1 2021: £0.93 million) as Northcoders continues to build…

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Vela Technologies #VELA – Investee company Northcoders #CODE Government contract win August 9, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Northcoders (AIM:CODE), the independent provider of training programmes for software coding, is pleased to announce that the Group has been successful in securing further funding from the  Department for Education Skills Bootcamps Wave 3 bid. This new round of funding provides Northcoders with £4 million worth of scholarships to train individuals on their market-leading bootcamp. The new contract provides the Company with revenue visibility into FY23, which is expected to be another year of significant…

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Vela Technologies #VELA Investee Company – Northcoders #CODE – Final Results April 26, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies Plc #VELA – Investee Company Northcoders (AIM: CODE), an independent provider of training programmes for software coding, is pleased to announce its maiden Final Results for the year ended 31 December 2021 (‘FY21’ or ‘the period’). Financial Highlights · Revenue increased 124% to £3.0m (FY20: £1.3m) driven by successful delivery of IPO growth strategy o  Consumer revenue, which includes core bootcamps and apprenticeship revenues, of £2.8m (FY20: £1.2m) o  Corporate Solutions revenue was…

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