Coda Octopus Group, Inc.CODAEarnings & Financial Report
CODA plc was a mid-sized international financial software company based in the United Kingdom. Founded in 1979, it was purchased in 2008 by Unit4, a supplier of enterprise software, based in the Netherlands. CODA creates, markets and implements a range of business software systems designed for finance directors and finance departments. These include:financial management systems like accounting software and procurement software: financial analysis applications like reporting, consolidation and...
Revenue
$7.0M
Gross Profit
$4.5M
Operating Profit
$1.1M
Net Profit
$908.8K
Gross Margin
64.1%
Operating Margin
15.5%
Net Margin
13.0%
YoY Growth
31.8%
EPS
$0.08
Coda Octopus Group, Inc. Q2 FY2025 Financial Summary
Coda Octopus Group, Inc. reported revenue of $7.0M (up 31.8% YoY) for Q2 FY2025, with a net profit of $908.8K (down 35.8% YoY) (13.0% margin). Cost of goods sold was $2.5M, operating expenses totaled $3.4M.
Key Financial Metrics
| Total Revenue | $7.0M |
|---|---|
| Net Profit | $908.8K |
| Gross Margin | 64.1% |
| Operating Margin | 15.5% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Coda Octopus Group, Inc. Q2 FY2025 revenue of $7.0M breaks down across 4 segments, led by Transferred At Point In Time at $3.5M (50.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $3.5M | 50.6% |
| Transferred Over Time | $1.8M | 25.6% |
| Acoustic Sensors And Materials Business | $1.3M | 18.5% |
| Other | $376.3K | 5.4% |
Coda Octopus Group, Inc. Revenue by Segment — Quarterly Trend
Coda Octopus Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Transferred Over Time) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | $1.8M | $3.0M | $3.5M | — |
| Transferred Over Time | — | — | $1.8M | — |
| Acoustic Sensors And Materials Business | — | — | $1.3M | — |
| Other | $1.1M | — | $376.3K | $2.3M |
Coda Octopus Group, Inc. Annual Revenue by Year
Coda Octopus Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $26.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $26.6M |
| 2024 | $20.3M |
| 2023 | $19.4M |
| 2022 | $22.2M |
Coda Octopus Group, Inc. Quarterly Revenue & Net Profit History
Coda Octopus Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $7.3M | +43.8% | $1.0M | 14.1% |
| Q3 FY2025 | $7.1M | +29.0% | $1.3M | 18.2% |
| Q2 FY2025 | $7.0M | +31.8% | $908.8K | 13.0% |
| Q1 FY2025 | $5.2M | +16.8% | $913.0K | 17.5% |
| Q4 FY2024 | $5.1M | +41.9% | $326.2K | 6.5% |
| Q3 FY2024 | $5.5M | +12.0% | $1.3M | 23.3% |
| Q2 FY2024 | $5.3M | +0.4% | $1.4M | 26.6% |
| Q1 FY2024 | $4.5M | -20.3% | $629.9K | 14.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5M | $5.3M | $5.5M | $5.1M | $5.2M | $7.0M | $7.1M | $7.3M |
| YoY Growth | -20.3% | 0.4% | 12.0% | 41.9% | 16.8% | 31.8% | 29.0% | 43.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $53.0M | $54.0M | $55.9M | $57.5M | $56.9M | $60.6M | $61.9M | $64.5M |
| Liabilities | $2.9M | $2.9M | $3.1M | $4.4M | $3.8M | $4.7M | $4.6M | $6.4M |
| Equity | $50.1M | $51.1M | $52.8M | $53.1M | $53.1M | $55.9M | $57.3M | $58.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-297959 | $-955766 | $1.7M | $2.0M | $641511 | $1.5M | $2.2M | $2.9M |