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Side-by-side financial comparison of Almonty Industries Inc. (ALM) 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 $6.3M, roughly 1.2× Almonty Industries Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -86.1%, a 100.2% gap on every dollar of revenue.

Almonty Industries Inc. is an international mining company primarily engaged in the extraction and development of tungsten resources. The company operates in Spain, Portugal, and South Korea and is publicly traded on the Toronto Stock Exchange (TSX). The current Chief Executive Officer is Lewis Black.

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...

ALM vs CODA — Head-to-Head

Bigger by revenue
CODA
CODA
1.2× larger
CODA
$7.3M
$6.3M
ALM
Higher net margin
CODA
CODA
100.2% more per $
CODA
14.1%
-86.1%
ALM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ALM
ALM
CODA
CODA
Revenue
$6.3M
$7.3M
Net Profit
$-5.4M
$1.0M
Gross Margin
67.6%
Operating Margin
19.3%
Net Margin
-86.1%
14.1%
Revenue YoY
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
ALM
ALM
CODA
CODA
Q4 25
$7.3M
Q3 25
$6.3M
$7.1M
Q2 25
$7.2M
$7.0M
Q1 25
$5.2M
Q4 24
$5.1M
Q3 24
$5.5M
Q2 24
$5.3M
Q1 24
$4.5M
Net Profit
ALM
ALM
CODA
CODA
Q4 25
$1.0M
Q3 25
$-5.4M
$1.3M
Q2 25
$-58.2M
$908.8K
Q1 25
$913.0K
Q4 24
$326.2K
Q3 24
$1.3M
Q2 24
$1.4M
Q1 24
$629.9K
Gross Margin
ALM
ALM
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
70.2%
Q1 24
69.2%
Operating Margin
ALM
ALM
CODA
CODA
Q4 25
19.3%
Q3 25
19.5%
Q2 25
15.5%
Q1 25
12.7%
Q4 24
5.7%
Q3 24
25.4%
Q2 24
25.4%
Q1 24
12.4%
Net Margin
ALM
ALM
CODA
CODA
Q4 25
14.1%
Q3 25
-86.1%
18.2%
Q2 25
-809.4%
13.0%
Q1 25
17.5%
Q4 24
6.5%
Q3 24
23.3%
Q2 24
26.6%
Q1 24
14.1%
EPS (diluted)
ALM
ALM
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
$0.13
Q1 24
$0.06

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALM
ALM
CODA
CODA
Q4 25
$28.7M
Q3 25
$26.2M
Q2 25
$24.5M
Q1 25
$22.5M
Q4 24
$22.5M
Q3 24
$25.2M
Q2 24
$23.7M
Q1 24
$25.0M
Stockholders' Equity
ALM
ALM
CODA
CODA
Q4 25
$58.1M
Q3 25
$57.3M
Q2 25
$55.9M
Q1 25
$53.1M
Q4 24
$53.1M
Q3 24
$52.8M
Q2 24
$51.1M
Q1 24
$50.1M
Total Assets
ALM
ALM
CODA
CODA
Q4 25
$64.5M
Q3 25
$61.9M
Q2 25
$60.6M
Q1 25
$56.9M
Q4 24
$57.5M
Q3 24
$55.9M
Q2 24
$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
ALM
ALM
CODA
CODA
Operating Cash FlowLast quarter
$2.9M
Free Cash FlowOCF − Capex
$2.5M
FCF MarginFCF / Revenue
34.9%
Capex IntensityCapex / Revenue
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
ALM
ALM
CODA
CODA
Q4 25
$2.9M
Q3 25
$2.2M
Q2 25
$1.5M
Q1 25
$641.5K
Q4 24
$2.0M
Q3 24
$1.7M
Q2 24
$-955.8K
Q1 24
$-298.0K
Free Cash Flow
ALM
ALM
CODA
CODA
Q4 25
$2.5M
Q3 25
$1.6M
Q2 25
$1.4M
Q1 25
$513.4K
Q4 24
$1.9M
Q3 24
$1.5M
Q2 24
$-1.1M
Q1 24
$-433.6K
FCF Margin
ALM
ALM
CODA
CODA
Q4 25
34.9%
Q3 25
22.6%
Q2 25
19.9%
Q1 25
9.9%
Q4 24
38.5%
Q3 24
28.2%
Q2 24
-20.9%
Q1 24
-9.7%
Capex Intensity
ALM
ALM
CODA
CODA
Q4 25
5.0%
Q3 25
8.6%
Q2 25
1.0%
Q1 25
2.5%
Q4 24
0.9%
Q3 24
3.0%
Q2 24
2.9%
Q1 24
3.0%
Cash Conversion
ALM
ALM
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

ALM
ALM

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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