#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…