Revenue more than doubled and losses were slashed by more than half at software coding training programmes provider Northcoders during the year it completed an IPO.
The Manchester-headquartered company has reported a revenue of £3m for 2021, up from the £1.3m it achieved in 2020.
The firm's pre-tax losses were also cut from £1.2m to £523,588.
READ MORE: Northcoders to double headcount and expand across the UK
Northcoders was valued at £12.5m and raised a total of £3.5m, before expenses, following its admission to AIM in July 2021.
During the year it has grown its headcount from 37 to 63 and signed deals with the likes of the NHS, PrettyLittleThing, Wren Kitchens and Sky Betting & Gaming.
It also expanded into Leeds and is set to open a new training hub in Birmingham in May.
A facility at Grimsby Town Football Club is also expected to open during the third quarter of 2022.
Chief executive Chris Hill 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."
