NASDAQ : CODA
Coda Octopus Group, Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 9.57 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 107.98M
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Financial statements
Coda Octopus Group, Inc. (CODA) reported revenue of 28.60M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 28.60M | 26.56M | 20.32M | 19.35M | 22.23M | 21.33M |
| Cost of Revenue | 9.69M | 8.90M | 6.14M | 6.32M | 7.04M | 6.56M |
| Gross Profit | 18.91M | 17.66M | 14.17M | 13.03M | 15.19M | 14.77M |
| Selling, General & Admin | 10.54M | 10.68M | 8.35M | 8.20M | 7.95M | 7.95M |
| Research & Development | 2.63M | 2.45M | 2.24M | 2.10M | 2.24M | 2.98M |
| Operating Expenses | 13.17M | 13.13M | 10.59M | 10.29M | 10.19M | 10.93M |
| Operating Income | 5.74M | 4.54M | 3.58M | 2.74M | 5.00M | 3.84M |
| Interest Expense | -9.70K | -19.66K | ||||
| Interest & Investment Income | 791.49K | 708.10K | 938.77K | 642.53K | ||
| Other Non Operating Income (Expenses) | 212.06K | 268.09K | 88.38K | 39.15K | 49.06K | 84.94K |
| EBT Excluding Unusual Items | 6.75M | 5.51M | 4.61M | 3.42M | 5.04M | 3.90M |
| Other Unusual Items | 88.92K | 1.35M | ||||
| Pretax Income | 6.88M | 5.51M | 4.61M | 3.42M | 5.13M | 5.25M |
| Income Tax Expense | 1.84M | 1.38M | 965.29K | 297.08K | 831.11K | 305.48K |
| Net Income | 5.04M | 4.13M | 3.65M | 3.12M | 4.30M | 4.95M |
| Net Income to Common | 5.04M | 4.13M | 3.65M | 3.12M | 4.30M | 4.95M |
| Shares Outstanding (Basic) | 11.27M | 11.23M | 11.17M | 11.13M | 10.86M | 10.80M |
| Shares Outstanding (Diluted) | 11.27M | 11.25M | 11.29M | 11.32M | 11.28M | 11.31M |
| EPS (Basic) | 0.45 | 0.37 | 0.33 | 0.28 | 0.40 | 0.46 |
| EPS (Diluted) | 0.45 | 0.37 | 0.32 | 0.28 | 0.38 | 0.44 |
| Free Cash Flow | 5.60M | 6.04M | 1.95M | 367.93K | 6.26M | 2.42M |
| Free Cash Flow Per Share | 0.50 | 0.54 | 0.17 | 0.03 | 0.56 | 0.21 |
| Gross Margin | 66.11% | 66.49% | 69.76% | 67.34% | 68.35% | 69.24% |
| Operating Margin | 20.08% | 17.08% | 17.64% | 14.16% | 22.52% | 17.99% |
| Profit Margin | 17.63% | 15.55% | 17.95% | 16.14% | 19.35% | 23.20% |
| Free Cash Flow Margin | 19.59% | 22.74% | 9.59% | 1.90% | 28.17% | 11.34% |
| EBITDA | 7.15M | 5.93M | 4.35M | 3.41M | 5.74M | 4.76M |
| EBITDA Margin | 25.00% | 22.31% | 21.43% | 17.61% | 25.84% | 22.32% |
| D&A For EBITDA | 1.41M | 1.39M | 770.53K | 667.53K | 738.73K | 924.07K |
| EBIT | 5.74M | 4.54M | 3.58M | 2.74M | 5.00M | 3.84M |
| EBIT Margin | 20.08% | 17.08% | 17.64% | 14.16% | 22.52% | 17.99% |
| Effective Tax Rate | 26.69% | 25.08% | 20.93% | 8.68% | 16.19% | 5.82% |
| Advertising Expenses | 5.04K |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 31.71M | 28.68M | 22.48M | 24.45M | 22.93M | 17.75M |
| Short-Term Investments | 52.75K | 59.72K | 63.63K | 23.08K | 18.63K | 63.99K |
| Cash & Short-Term Investments | 31.77M | 28.74M | 22.54M | 24.47M | 22.95M | 17.81M |
| Accounts Receivable | 8.88M | 6.72M | 5.15M | 3.54M | 3.47M | 5.29M |
| Other Receivables | 108.38K | 471.75K | 775.21K | 1.01M | 324.43K | 563.63K |
| Receivables | 8.99M | 7.19M | 5.93M | 4.55M | 3.80M | 5.85M |
| Inventory | 13.49M | 13.64M | 13.98M | 11.69M | 10.03M | 10.69M |
| Prepaid Expenses | 356.13K | 434.02K | 537.29K | 181.38K | 240.46K | 1.20M |
| Total Current Assets | 54.60M | 50.01M | 42.98M | 40.89M | 37.01M | 35.56M |
| Property, Plant & Equipment | 7.77M | 7.67M | 7.24M | 6.87M | 5.83M | 6.04M |
| Goodwill | 3.64M | 3.64M | 3.64M | 3.38M | 3.38M | 3.38M |
| Other Intangible Assets | 2.85M | 3.18M | 3.69M | 486.62K | 442.29K | 412.27K |
| Long-Term Deferred Tax Assets | 211.39K | 259.81K | 76.78K | |||
| Total Assets | 68.85M | 64.49M | 57.54M | 51.84M | 46.93M | 45.47M |
| Accounts Payable | 977.07K | 1.41M | 1.03M | 1.31M | 793.25K | 1.45M |
| Accrued Expenses | 600.10K | 811.36K | 679.86K | 470.06K | 1.59M | 740.45K |
| Current Portion of Long-Term Debt | 63.56K | |||||
| Current Portion of Leases | 42.16K | 34.86K | 32.30K | |||
| Current Income Taxes Payable | 1.54M | 1.66M | 924.74K | 525.57K | 144.16K | |
| Current Unearned Revenue | 1.83M | 1.72M | 1.23M | 975.54K | 943.57K | 2.00M |
| Total Current Liabilities | 5.43M | 5.64M | 3.90M | 3.28M | 3.47M | 4.26M |
| Long-Term Leases | 343.22K | 360.07K | 380.87K | |||
| Long-Term Unearned Revenue | 36.66K | 59.08K | 56.12K | 133.38K | 76.13K | 157.89K |
| Long-Term Deferred Tax Liabilities | 317.21K | 317.95K | 82.01K | |||
| Total Liabilities | 6.12M | 6.38M | 4.42M | 3.41M | 3.54M | 4.42M |
| Common Stock | 11.28K | 11.27K | 11.20K | 11.12K | 10.92K | 10.86K |
| Additional Paid-In Capital | 63.36M | 63.32M | 63.10M | 62.96M | 62.31M | 61.18M |
| Retained Earnings | 741.58K | -3.28M | -7.41M | -11.05M | -14.18M | -18.48M |
| Treasury Stock | -75.60K | -61.93K | -61.93K | -46.30K | -28.34K | |
| Comprehensive Income & Other | -1.31M | -1.88M | -2.51M | -3.44M | -4.74M | -1.67M |
| Total Common Equity | 62.73M | 58.12M | 53.13M | 48.43M | 43.38M | 41.05M |
| Shareholders' Equity | 62.73M | 58.12M | 53.13M | 48.43M | 43.38M | 41.05M |
| Total Liabilities & Equity | 68.85M | 64.49M | 57.54M | 51.84M | 46.93M | 45.47M |
| Total Debt | 385.38K | 394.93K | 413.17K | 63.56K | ||
| Net Cash (Debt) | 31.38M | 28.35M | 22.13M | 24.47M | 22.95M | 17.75M |
| Net Cash Per Share | 2.78 | 2.52 | 1.96 | 2.16 | 2.03 | 1.57 |
| Filing Date Shares Outstanding | 11.28M | 11.27M | 11.22M | 11.16M | 10.94M | 10.86M |
| Total Common Shares Outstanding | 11.28M | 11.27M | 11.20M | 11.12M | 10.92M | 10.86M |
| Working Capital | 49.17M | 44.37M | 39.08M | 37.61M | 33.54M | 31.30M |
| Book Value Per Share | 5.56 | 5.16 | 4.75 | 4.36 | 3.97 | 3.78 |
| Tangible Book Value | 56.25M | 51.30M | 45.80M | 44.56M | 39.56M | 37.25M |
| Tangible Book Value Per Share | 4.99 | 4.55 | 4.09 | 4.01 | 3.62 | 3.43 |
| Land | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K |
| Buildings | 6.08M | 5.98M | 5.88M | 6.39M | 5.42M | 5.30M |
| Machinery | 4.13M | 3.81M | 3.42M | 2.77M | 2.66M | 2.84M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.04M | 4.13M | 3.65M | 3.12M | 4.30M | 4.95M |
| Depreciation & Amortization | 1.41M | 1.39M | 770.53K | 667.53K | 738.73K | 924.07K |
| Loss (Gain) From Sale of Assets | -133.57K | -33.91K | ||||
| Stock-Based Compensation | 67.69K | 224.79K | 137.68K | 645.20K | 1.13M | 1.05M |
| Provision & Write-off of Bad Debts | 130.73K | 89.46K | 119.41K | |||
| Other Operating Activities | 751.63K | 445.81K | 251.62K | 48.73K | -193.08K | -163.75K |
| Change in Accounts Receivable | -2.37M | -1.56M | -1.26M | 9.89K | 1.44M | -2.41M |
| Change in Inventory | 406.04K | 625.09K | -707.90K | -1.29M | -675.88K | -1.06M |
| Change in Accounts Payable | 68.22K | 957.31K | 93.69K | -613.24K | 534.00K | 326.76K |
| Change in Unearned Revenue | 546.54K | 464.18K | -349.98K | 56.41K | -990.73K | 956.25K |
| Change in Other Net Operating Assets | 416.72K | 447.27K | -210.81K | -261.68K | 440.92K | -1.30M |
| Operating Cash Flow | 6.33M | 7.21M | 2.45M | 2.39M | 6.73M | 3.27M |
| Capital Expenditures | -731.07K | -1.17M | -502.52K | -2.02M | -466.47K | -850.89K |
| Sale of Property, Plant & Equipment | 148.21K | 775.82K | 609.57K | |||
| Cash Acquisitions | -4.61M | |||||
| Sale (Purchase) of Intangibles | -64.36K | -25.35K | -89.10K | -108.39K | -90.09K | -113.31K |
| Investing Cash Flow | -647.22K | -1.20M | -4.42M | -1.52M | -556.56K | -964.20K |
| Long-Term Debt Repaid | -63.56K | -509.55K | ||||
| Net Debt Issued (Repaid) | -63.56K | -509.55K | ||||
| Repurchase of Common Stock | -13.67K | -15.63K | -17.96K | -28.34K | ||
| Other Financing Activities | 648.87K | |||||
| Financing Cash Flow | -13.67K | -15.63K | -17.96K | -91.90K | 139.32K | |
| Foreign Exchange Rate Adjustments | -154.35K | 188.44K | 15.28K | 670.33K | -898.80K | 168.48K |
| Net Cash Flow | 5.52M | 6.20M | -1.97M | 1.52M | 5.18M | 2.61M |
| Free Cash Flow | 5.60M | 6.04M | 1.95M | 367.93K | 6.26M | 2.42M |
| Free Cash Flow Margin | 19.59% | 22.74% | 9.59% | 1.90% | 28.17% | 11.34% |
| Free Cash Flow Per Share | 0.50 | 0.54 | 0.17 | 0.03 | 0.56 | 0.21 |
| Levered Free Cash Flow | 3.89M | 4.17M | -881.13K | -1.65M | 7.39M | -589.88K |
| Unlevered Free Cash Flow | 3.89M | 4.17M | -881.13K | -1.65M | 7.40M | -577.60K |
| Cash Interest Paid | 9.70K | 19.66K | ||||
| Cash Income Tax Paid | 1.13M | 415.22K | 363.37K | 1.41M | 74.43K | |
| Change in Working Capital | -933.65K | 929.67K | -2.44M | -2.10M | 749.18K | -3.49M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 102.06M | 115.30M | 95.50M | 73.38M | 69.71M | 91.63M |
| Enterprise Value | 70.67M | 89.49M | 70.27M | 48.46M | 48.24M | 72.58M |
| Last Close Price | 9.04 | 10.25 | 8.53 | 6.60 | 6.42 | 8.44 |
| PE Ratio | 20.21 | 27.92 | 26.19 | 23.49 | 16.21 | 18.52 |
| Forward PE | 18.09 | 24.41 | 21.87 | 16.10 | 13.10 | 20.59 |
| PS Ratio | 3.57 | 4.34 | 4.70 | 3.79 | 3.14 | 4.30 |
| PB Ratio | 1.63 | 1.98 | 1.80 | 1.51 | 1.61 | 2.23 |
| P/TBV Ratio | 1.81 | 2.25 | 2.08 | 1.65 | 1.76 | 2.46 |
| P/FCF Ratio | 18.22 | 19.09 | 48.99 | 199.43 | 11.13 | 37.88 |
| P/OCF Ratio | 16.11 | 15.99 | 38.95 | 30.70 | 10.36 | 28.02 |
| EV/Sales Ratio | 2.47 | 3.37 | 3.46 | 2.50 | 2.17 | 3.40 |
| EV/EBITDA Ratio | 9.88 | 15.10 | 16.14 | 14.22 | 8.40 | 15.24 |
| EV/EBIT Ratio | 12.31 | 19.73 | 19.61 | 17.69 | 9.64 | 18.91 |
| EV/FCF Ratio | 12.62 | 14.82 | 36.05 | 131.72 | 7.71 | 30.01 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.00 | ||
| Debt / EBITDA Ratio | 0.05 | 0.07 | 0.09 | 0.01 | ||
| Debt / FCF Ratio | 0.07 | 0.07 | 0.21 | 0.03 | ||
| Net Debt / Equity Ratio | -0.50 | -0.49 | -0.42 | -0.51 | -0.53 | -0.43 |
| Net Debt / EBITDA Ratio | -4.39 | -4.78 | -5.08 | -7.18 | -4.00 | -3.73 |
| Net Debt / FCF Ratio | -5.60 | -4.69 | -11.35 | -66.51 | -3.67 | -7.34 |
| Asset Turnover | 0.44 | 0.43 | 0.37 | 0.39 | 0.48 | 0.51 |
| Inventory Turnover | 0.71 | 0.65 | 0.48 | 0.58 | 0.68 | 0.66 |
| Quick Ratio | 7.51 | 6.37 | 7.30 | 8.85 | 7.71 | 5.56 |
| Current Ratio | 10.06 | 8.87 | 11.03 | 12.47 | 10.67 | 8.35 |
| Return on Equity (ROE) | 8.40% | 7.42% | 7.18% | 6.81% | 10.19% | 13.12% |
| Return on Assets (ROA) | 5.49% | 4.65% | 4.10% | 3.47% | 6.77% | 5.74% |
| Return on Invested Capital (ROIC) | 13.48% | 11.19% | 10.31% | 11.27% | 19.18% | 16.80% |
| Return on Capital Employed (ROCE) | 9.10% | 7.70% | 6.70% | 5.60% | 11.50% | 9.30% |
| Earnings Yield | 4.95% | 3.58% | 3.82% | 4.26% | 6.17% | 5.40% |
| FCF Yield | 5.49% | 5.24% | 2.04% | 0.50% | 8.98% | 2.64% |
| Buyback Yield / Dilution | 0.18% | 0.33% | 0.29% | -0.37% | 0.25% | -0.13% |