CODA
Coda Octopus Group, Inc.9.26
+0.17+1.87%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
104.16MP/E (TTM)
30.87Basic EPS (TTM)
0.30Dividend Yield
0%Recent Filings
8-K
Annual meeting elects directors
Coda Octopus Group held its annual stockholder meeting on September 10, 2025, electing Annmarie Gayle, Michael Hamilton, Robert Harcourt, Gwenael Rouy-Poirier, and Blair Cunnigham as directors with strong support exceeding 90% of votes cast. Stockholders ratified Frazier & Deeter, LLC as independent auditors and approved executive compensation on an advisory basis. All proposals passed decisively. This reinforces board stability amid ongoing operations.
10-Q
Q3 FY2025 results
Coda Octopus Group's Q3 FY2025 revenue climbed 29.0% y/y to $7.1M, fueled by the October 2024 acquisition of Precision Acoustics (PAL), which added $1.5M in sales and boosted the marine technology segment's hardware deliveries in the Americas and Middle East. Gross margins dipped to 68.3% from 73.9% y/y, reflecting a heavier mix of lower-margin equipment sales and higher commissions, while operating income held steady at $1.4M despite added amortization from PAL's $257K goodwill and finite-lived intangibles amortized over 7 years. Diluted EPS remained flat at $0.11, reconciling cleanly with 11.3M weighted shares. Cash swelled to $26.2M with $4.3M in nine-month operating cash flow, underscoring solid liquidity without debt. Yet customer concentration poses risks.
8-K
Board director resigns for DoD role
10-Q
Q2 FY2025 results
Coda Octopus Group's Q2 FY2025 results showed revenue climbing 31.8% y/y to $7.0M, fueled by the October 2024 acquisition of Precision Acoustics Limited for $6.5M cash, which added $1.3M in sales and boosted the acoustics segment to 18.5% of total. Gross margins dipped to 64.1% from 70.2% y/y, pressured by higher commissions on Asian hardware deals and a shift from rentals, while operating income fell 19.5% to $1.1M amid elevated SG&A from forex swings and amortization. Diluted EPS held at $0.08, aligning with 11.3M shares, and net income dropped 35.8% y/y to $0.9M, with taxes up due to UK and Danish provisions. Cash swelled to $24.5M, with operating cash flow at $2.1M for the half-year; no debt, just a $4M undrawn revolver. The PAL buy recognized $257K goodwill and finite-lived intangibles amortized over 7 years, eyeing subsea synergies. Yet customer concentration risks linger, with three clients driving 44% of Q2 sales.
IPO
Employees
Sector
Industry
AIRI
Air Industries Group
2.86-0.02
AVAV
AeroVironment, Inc.
234.65-0.67
CAMG
CAM Group, Inc.
0.00+0.00
CW
Curtiss-Wright Corporation
543.95-3.41
GD
General Dynamics Corporation
337.49-3.20
KBGGY
Kongsberg Gruppen ASA
12.25-0.35
KTOS
Kratos Defense & Security Solut
73.13-1.13
OII
Oceaneering International, Inc.
24.16-1.70
OPTT
Ocean Power Technologies, Inc.
0.34+0.04
VOYG
Voyager Technologies, Inc.
24.23-0.49