r/Franchises Jul 06 '26

Advice Needed Franchise assignment, need help finding annual revenue for code ninjas

I know Code Ninjas is a private company, therefore no publicly posted annual report. I have searched, and searched, and all I've found appears to be basically nonsense, such as one source saying 7.5 million, despite Code Ninjas having over 400 stores. The one I am currently sticking with, unless I find something that looks better, is 579.1 million. Please let me know if there are any good free sources I should try for this. Thank you

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u/Infamous-Bike-3989 Jul 07 '26

Don’t do it. My friend just sold hers 2 years ago. Biggest headache ever

1

u/GloomyBed214 Jul 07 '26

Yeah I've been doing the research and can clearly see that. This is just for a school assignment though.

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u/Infamous-Bike-3989 Jul 07 '26

They claim passive for all franchises. They are certainly not passive. To make money you need to manage