Northcoders Group

CODE · AIM · Technology · mcap £1.8m · 21.0p

Beta Briefing, track record and bull & bear case are not ready for Northcoders Group yet.

We follow 817 UK small caps and every one of their announcements – often hundreds per company. 59 companies are already wired into a briefing: browse them.

Financials · LTM to 30 Jun 26

Source: results 30 Sep 26 ↗

Revenue: £2.6m
Operating profit: −£3.6m
Net income: −£3.8m
Free cash flow: −£1.5m
Net debt: £452k
Market cap: £1.7m
EV / EBIT: –
FCF yield: −85.2%
Price / book: 1.0×

Latest half-year · H1 26 vs H1 25 results 30 Sep 26 ↗

Revenue: £1.4m
Operating profit: −£636k
Net income: −£663k
Cash from operations: −£839k

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 30 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	2.6	4.9	8.8
Gross profit	1.2	2.9	5.9
Adjusted EBITDA	(1.5)	(0.6)	1.0
Exceptional / adjusting items	(1.7)	(1.7)	0.0
Operating profit	(3.6)	(2.9)	0.4
Depreciation (owned assets)	–	0.1	0.1
Share-based payments	(0.0)	(0.1)	(0.1)
Finance costs	(0.1)	(0.1)	(0.1)
Profit before tax	(3.7)	(2.9)	0.4
Tax	(0.1)	(0.1)	(0.0)
Net income (owners)	(3.8)	(3.0)	0.4
EPS basic	(46.9p)	(37.8p)	4.8p
EPS diluted	(46.9p)	(37.8p)	4.8p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	1.4	−63%	1.3	3.7
Gross profit	0.7	−70%	0.5	2.5
Adjusted EBITDA	(0.5)	n/m	(1.0)	0.4
Exceptional / adjusting items	(0.1)	n/m	(1.7)	(0.0)
Operating profit	(0.6)	n/m	(3.0)	0.1
Share-based payments	(0.0)	n/m	(0.0)	(0.0)
Finance costs	(0.0)	n/m	(0.1)	(0.1)
Profit before tax	(0.7)	n/m	(3.0)	0.1
Tax	0.0	n/m	(0.1)	0.0
Net income (owners)	(0.7)	n/m	(3.1)	0.1
EPS basic	(8.3p)	–	(38.7p)	0.9p
EPS diluted	(8.3p)	–	(38.7p)	0.9p

	LTM Jun 26	FY 25	FY 24
Cash from operations	(1.3)	(0.1)	1.0
Interest paid	(0.1)	(0.1)	(0.1)
Capex (PP&E)	0.1	(0.0)	(0.0)
Capex (intangibles)	(0.0)	(0.1)	(0.6)
Lease principal paid	–	(0.1)	(0.2)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(0.8)	n/m	(0.4)	0.4
Interest paid	(0.0)	n/m	(0.1)	(0.1)
Capex (PP&E)	(0.0)	−100%	0.1	(0.1)
Capex (intangibles)	(0.0)	n/m	0.0	(0.1)

	Latest Jun 26	FY 25	FY 24
Goodwill	1.3	1.3	1.3
Other intangibles	0.2	0.3	2.1
Property, plant & equipment	0.0	0.0	0.2
Trade receivables	0.8	0.7	0.5
Cash	0.6	1.6	1.2
Current assets	–	2.5	3.3
Trade payables	0.5	0.5	1.0
Borrowings, current	0.4	0.4	0.3
Lease liabilities, current	–	0.0	0.0
Current liabilities	–	1.0	1.4
Borrowings, non-current	0.6	0.8	0.2
Lease liabilities, non-current	–	0.0	0.1
Total equity	1.7	2.3	5.3

	H1 26	H2 25	H1 25	H2 24
Goodwill	1.3	1.3	1.3	1.3
Other intangibles	0.2	0.3	2.0	2.1
Property, plant & equipment	0.0	0.0	0.3	0.2
Trade receivables	0.8	0.7	0.6	0.5
Cash	0.6	1.6	2.3	1.2
Current assets	–	2.5	–	3.3
Trade payables	0.5	0.5	0.8	1.0
Borrowings, current	0.4	0.4	0.4	0.3
Lease liabilities, current	–	0.0	–	0.0
Current liabilities	–	1.0	–	1.4
Borrowings, non-current	0.6	0.8	1.0	0.2
Lease liabilities, non-current	–	0.0	–	0.1
Total equity	1.7	2.3	5.4	5.3

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.