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Side-by-side financial comparison of Abits Group Inc (ABTS) and Coda Octopus Group, Inc. (CODA). Click either name above to swap in a different company.

Coda Octopus Group, Inc. is the larger business by last-quarter revenue ($7.3M vs $3.7M, roughly 2.0× Abits Group Inc). On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs 0.0%). Coda Octopus Group, Inc. produced more free cash flow last quarter ($2.5M vs $-470.2K).

Universal ABIT Co., Ltd was a computer components manufacturer, based in Taiwan, active since the 1980s. Its core product line were motherboards aimed at the overclocker market. ABIT experienced serious financial problems in 2005. The brand name "ABIT" and other intangible properties, including patents and trademarks, were acquired by Universal Scientific Industrial Co., Ltd. (USI) in May 2006.

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...

ABTS vs CODA — Head-to-Head

Bigger by revenue
CODA
CODA
2.0× larger
CODA
$7.3M
$3.7M
ABTS
Growing faster (revenue YoY)
CODA
CODA
+43.8% gap
CODA
43.8%
0.0%
ABTS
More free cash flow
CODA
CODA
$3.0M more FCF
CODA
$2.5M
$-470.2K
ABTS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ABTS
ABTS
CODA
CODA
Revenue
$3.7M
$7.3M
Net Profit
$1.0M
Gross Margin
67.6%
Operating Margin
55.1%
19.3%
Net Margin
14.1%
Revenue YoY
0.0%
43.8%
Net Profit YoY
214.3%
EPS (diluted)
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABTS
ABTS
CODA
CODA
Q4 25
$7.3M
Q3 25
$7.1M
Q2 25
$3.7M
$7.0M
Q1 25
$5.2M
Q4 24
$5.1M
Q3 24
$5.5M
Q2 24
$3.7M
$5.3M
Q1 24
$4.5M
Net Profit
ABTS
ABTS
CODA
CODA
Q4 25
$1.0M
Q3 25
$1.3M
Q2 25
$908.8K
Q1 25
$913.0K
Q4 24
$326.2K
Q3 24
$1.3M
Q2 24
$-14.0K
$1.4M
Q1 24
$629.9K
Gross Margin
ABTS
ABTS
CODA
CODA
Q4 25
67.6%
Q3 25
68.3%
Q2 25
64.1%
Q1 25
65.8%
Q4 24
65.3%
Q3 24
73.9%
Q2 24
27.0%
70.2%
Q1 24
69.2%
Operating Margin
ABTS
ABTS
CODA
CODA
Q4 25
19.3%
Q3 25
19.5%
Q2 25
55.1%
15.5%
Q1 25
12.7%
Q4 24
5.7%
Q3 24
25.4%
Q2 24
20.4%
25.4%
Q1 24
12.4%
Net Margin
ABTS
ABTS
CODA
CODA
Q4 25
14.1%
Q3 25
18.2%
Q2 25
13.0%
Q1 25
17.5%
Q4 24
6.5%
Q3 24
23.3%
Q2 24
-0.4%
26.6%
Q1 24
14.1%
EPS (diluted)
ABTS
ABTS
CODA
CODA
Q4 25
$0.10
Q3 25
$0.11
Q2 25
$0.08
Q1 25
$0.08
Q4 24
$0.02
Q3 24
$0.11
Q2 24
$-0.00
$0.13
Q1 24
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABTS
ABTS
CODA
CODA
Cash + ST InvestmentsLiquidity on hand
$1.1M
$28.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.4M
$58.1M
Total Assets
$11.4M
$64.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABTS
ABTS
CODA
CODA
Q4 25
$28.7M
Q3 25
$26.2M
Q2 25
$1.1M
$24.5M
Q1 25
$22.5M
Q4 24
$22.5M
Q3 24
$25.2M
Q2 24
$396.6K
$23.7M
Q1 24
$25.0M
Stockholders' Equity
ABTS
ABTS
CODA
CODA
Q4 25
$58.1M
Q3 25
$57.3M
Q2 25
$10.4M
$55.9M
Q1 25
$53.1M
Q4 24
$53.1M
Q3 24
$52.8M
Q2 24
$11.3M
$51.1M
Q1 24
$50.1M
Total Assets
ABTS
ABTS
CODA
CODA
Q4 25
$64.5M
Q3 25
$61.9M
Q2 25
$11.4M
$60.6M
Q1 25
$56.9M
Q4 24
$57.5M
Q3 24
$55.9M
Q2 24
$12.2M
$54.0M
Q1 24
$53.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABTS
ABTS
CODA
CODA
Operating Cash FlowLast quarter
$1.2M
$2.9M
Free Cash FlowOCF − Capex
$-470.2K
$2.5M
FCF MarginFCF / Revenue
-12.8%
34.9%
Capex IntensityCapex / Revenue
46.2%
5.0%
Cash ConversionOCF / Net Profit
2.83×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABTS
ABTS
CODA
CODA
Q4 25
$2.9M
Q3 25
$2.2M
Q2 25
$1.2M
$1.5M
Q1 25
$641.5K
Q4 24
$2.0M
Q3 24
$1.7M
Q2 24
$-470.2K
$-955.8K
Q1 24
$-298.0K
Free Cash Flow
ABTS
ABTS
CODA
CODA
Q4 25
$2.5M
Q3 25
$1.6M
Q2 25
$-470.2K
$1.4M
Q1 25
$513.4K
Q4 24
$1.9M
Q3 24
$1.5M
Q2 24
$-1.1M
Q1 24
$-433.6K
FCF Margin
ABTS
ABTS
CODA
CODA
Q4 25
34.9%
Q3 25
22.6%
Q2 25
-12.8%
19.9%
Q1 25
9.9%
Q4 24
38.5%
Q3 24
28.2%
Q2 24
-20.9%
Q1 24
-9.7%
Capex Intensity
ABTS
ABTS
CODA
CODA
Q4 25
5.0%
Q3 25
8.6%
Q2 25
46.2%
1.0%
Q1 25
2.5%
Q4 24
0.9%
Q3 24
3.0%
Q2 24
2.9%
Q1 24
3.0%
Cash Conversion
ABTS
ABTS
CODA
CODA
Q4 25
2.83×
Q3 25
1.72×
Q2 25
1.61×
Q1 25
0.70×
Q4 24
6.11×
Q3 24
1.34×
Q2 24
-0.68×
Q1 24
-0.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABTS
ABTS

Segment breakdown not available.

CODA
CODA

Segment Reporting$3.1M42%
Transferred At Point In Time$1.8M24%
Precision Acoustics Limited$1.3M18%
Other$1.1M15%

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