Northcoders Group First Half 2024 Earnings: EPS: UK£0.014 (vs UK£0.032 loss in 1H 2023)

In this article:

Northcoders Group (LON:CODE) First Half 2024 Results

Key Financial Results

  • Revenue: UK£4.35m (up 26% from 1H 2023).

  • Net income: UK£108.4k (up from UK£250.9k loss in 1H 2023).

  • Profit margin: 2.5% (up from net loss in 1H 2023).

  • EPS: UK£0.014 (up from UK£0.032 loss in 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Northcoders Group Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Services industry in the United Kingdom.

Performance of the British Consumer Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Northcoders Group that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.