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Side-by-side financial comparison of AMERICAN SHARED HOSPITAL SERVICES (AMS) and Coda Octopus Group, Inc. (CODA). Click either name above to swap in a different company.

AMERICAN SHARED HOSPITAL SERVICES is the larger business by last-quarter revenue ($7.7M vs $7.3M, roughly 1.1× Coda Octopus Group, Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -8.2%, a 22.3% gap on every dollar of revenue. On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs -14.8%). Coda Octopus Group, Inc. produced more free cash flow last quarter ($2.5M vs $-2.7M). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs 21.7%).

American Shared Hospital Services offers turnkey outsourced solutions for advanced radiotherapy, stereotactic radiosurgery and diagnostic imaging equipment to healthcare facilities. It eliminates high upfront capital costs for hospitals, operates primarily across North America, and also serves Latin America and select Asia-Pacific markets, catering to both public and private hospital segments.

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...

AMS vs CODA — Head-to-Head

Bigger by revenue
AMS
AMS
1.1× larger
AMS
$7.7M
$7.3M
CODA
Growing faster (revenue YoY)
CODA
CODA
+58.6% gap
CODA
43.8%
-14.8%
AMS
Higher net margin
CODA
CODA
22.3% more per $
CODA
14.1%
-8.2%
AMS
More free cash flow
CODA
CODA
$5.2M more FCF
CODA
$2.5M
$-2.7M
AMS
Faster 2-yr revenue CAGR
CODA
CODA
Annualised
CODA
27.7%
21.7%
AMS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMS
AMS
CODA
CODA
Revenue
$7.7M
$7.3M
Net Profit
$-631.0K
$1.0M
Gross Margin
11.7%
67.6%
Operating Margin
-18.1%
19.3%
Net Margin
-8.2%
14.1%
Revenue YoY
-14.8%
43.8%
Net Profit YoY
52.5%
214.3%
EPS (diluted)
$-0.09
$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
AMS
AMS
CODA
CODA
Q4 25
$7.7M
$7.3M
Q3 25
$7.2M
$7.1M
Q2 25
$7.1M
$7.0M
Q1 25
$6.1M
$5.2M
Q4 24
$9.1M
$5.1M
Q3 24
$7.0M
$5.5M
Q2 24
$7.1M
$5.3M
Q1 24
$5.2M
$4.5M
Net Profit
AMS
AMS
CODA
CODA
Q4 25
$-631.0K
$1.0M
Q3 25
$-17.0K
$1.3M
Q2 25
$-280.0K
$908.8K
Q1 25
$-625.0K
$913.0K
Q4 24
$-1.3M
$326.2K
Q3 24
$-207.0K
$1.3M
Q2 24
$3.6M
$1.4M
Q1 24
$119.0K
$629.9K
Gross Margin
AMS
AMS
CODA
CODA
Q4 25
11.7%
67.6%
Q3 25
22.1%
68.3%
Q2 25
23.1%
64.1%
Q1 25
15.4%
65.8%
Q4 24
35.3%
65.3%
Q3 24
19.6%
73.9%
Q2 24
35.0%
70.2%
Q1 24
41.1%
69.2%
Operating Margin
AMS
AMS
CODA
CODA
Q4 25
-18.1%
19.3%
Q3 25
-4.8%
19.5%
Q2 25
-7.7%
15.5%
Q1 25
-21.3%
12.7%
Q4 24
-20.2%
5.7%
Q3 24
-12.7%
25.4%
Q2 24
-0.0%
25.4%
Q1 24
-1.6%
12.4%
Net Margin
AMS
AMS
CODA
CODA
Q4 25
-8.2%
14.1%
Q3 25
-0.2%
18.2%
Q2 25
-4.0%
13.0%
Q1 25
-10.2%
17.5%
Q4 24
-14.6%
6.5%
Q3 24
-3.0%
23.3%
Q2 24
51.0%
26.6%
Q1 24
2.3%
14.1%
EPS (diluted)
AMS
AMS
CODA
CODA
Q4 25
$-0.09
$0.10
Q3 25
$0.00
$0.11
Q2 25
$-0.04
$0.08
Q1 25
$-0.10
$0.08
Q4 24
$-0.21
$0.02
Q3 24
$-0.03
$0.11
Q2 24
$0.55
$0.13
Q1 24
$0.02
$0.06

Balance Sheet & Financial Strength

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

Metric
AMS
AMS
CODA
CODA
Cash + ST InvestmentsLiquidity on hand
$3.5M
$28.7M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$24.0M
$58.1M
Total Assets
$55.5M
$64.5M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMS
AMS
CODA
CODA
Q4 25
$3.5M
$28.7M
Q3 25
$5.1M
$26.2M
Q2 25
$11.1M
$24.5M
Q1 25
$11.2M
$22.5M
Q4 24
$11.0M
$22.5M
Q3 24
$13.8M
$25.2M
Q2 24
$14.2M
$23.7M
Q1 24
$12.8M
$25.0M
Total Debt
AMS
AMS
CODA
CODA
Q4 25
$17.4M
Q3 25
$18.2M
Q2 25
$19.1M
Q1 25
$19.9M
Q4 24
$20.4M
Q3 24
$14.4M
Q2 24
$15.1M
Q1 24
$15.6M
Stockholders' Equity
AMS
AMS
CODA
CODA
Q4 25
$24.0M
$58.1M
Q3 25
$24.6M
$57.3M
Q2 25
$24.5M
$55.9M
Q1 25
$24.6M
$53.1M
Q4 24
$25.2M
$53.1M
Q3 24
$26.4M
$52.8M
Q2 24
$26.5M
$51.1M
Q1 24
$22.8M
$50.1M
Total Assets
AMS
AMS
CODA
CODA
Q4 25
$55.5M
$64.5M
Q3 25
$59.6M
$61.9M
Q2 25
$63.5M
$60.6M
Q1 25
$63.3M
$56.9M
Q4 24
$60.2M
$57.5M
Q3 24
$63.3M
$55.9M
Q2 24
$60.8M
$54.0M
Q1 24
$50.1M
$53.0M
Debt / Equity
AMS
AMS
CODA
CODA
Q4 25
0.72×
Q3 25
0.74×
Q2 25
0.78×
Q1 25
0.81×
Q4 24
0.81×
Q3 24
0.54×
Q2 24
0.57×
Q1 24
0.68×

Cash Flow & Capital Efficiency

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

Metric
AMS
AMS
CODA
CODA
Operating Cash FlowLast quarter
$-704.0K
$2.9M
Free Cash FlowOCF − Capex
$-2.7M
$2.5M
FCF MarginFCF / Revenue
-34.8%
34.9%
Capex IntensityCapex / Revenue
25.7%
5.0%
Cash ConversionOCF / Net Profit
2.83×
TTM Free Cash FlowTrailing 4 quarters
$-8.5M
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMS
AMS
CODA
CODA
Q4 25
$-704.0K
$2.9M
Q3 25
$1.7M
$2.2M
Q2 25
$-372.0K
$1.5M
Q1 25
$2.5M
$641.5K
Q4 24
$274.0K
$2.0M
Q3 24
$472.0K
$1.7M
Q2 24
$1.3M
$-955.8K
Q1 24
$-1.9M
$-298.0K
Free Cash Flow
AMS
AMS
CODA
CODA
Q4 25
$-2.7M
$2.5M
Q3 25
$-2.0M
$1.6M
Q2 25
$-2.3M
$1.4M
Q1 25
$-1.5M
$513.4K
Q4 24
$-4.4M
$1.9M
Q3 24
$-407.0K
$1.5M
Q2 24
$70.0K
$-1.1M
Q1 24
$-3.0M
$-433.6K
FCF Margin
AMS
AMS
CODA
CODA
Q4 25
-34.8%
34.9%
Q3 25
-28.3%
22.6%
Q2 25
-32.1%
19.9%
Q1 25
-24.7%
9.9%
Q4 24
-48.4%
38.5%
Q3 24
-5.8%
28.2%
Q2 24
1.0%
-20.9%
Q1 24
-58.4%
-9.7%
Capex Intensity
AMS
AMS
CODA
CODA
Q4 25
25.7%
5.0%
Q3 25
51.6%
8.6%
Q2 25
26.9%
1.0%
Q1 25
65.7%
2.5%
Q4 24
51.4%
0.9%
Q3 24
12.6%
3.0%
Q2 24
17.2%
2.9%
Q1 24
22.7%
3.0%
Cash Conversion
AMS
AMS
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
0.36×
-0.68×
Q1 24
-15.67×
-0.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMS
AMS

Direct Patient Services$4.0M51%
Rental Income From Medical Services$2.7M35%
Pbrt Services$1.2M15%

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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