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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and Coda Octopus Group, Inc. (CODA). Click either name above to swap in a different company.
ALPHA PRO TECH LTD is the larger business by last-quarter revenue ($13.9M vs $7.3M, roughly 1.9× Coda Octopus Group, Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs 5.0%, a 9.1% gap on every dollar of revenue. On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs 0.3%). Coda Octopus Group, Inc. produced more free cash flow last quarter ($2.5M vs $51.0K). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs 1.4%).
Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.
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...
APT vs CODA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.9M | $7.3M |
| Net Profit | $698.0K | $1.0M |
| Gross Margin | 37.1% | 67.6% |
| Operating Margin | 6.9% | 19.3% |
| Net Margin | 5.0% | 14.1% |
| Revenue YoY | 0.3% | 43.8% |
| Net Profit YoY | -17.6% | 214.3% |
| EPS (diluted) | $0.06 | $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.
| Q4 25 | $13.9M | $7.3M | ||
| Q3 25 | $14.8M | $7.1M | ||
| Q2 25 | $16.7M | $7.0M | ||
| Q1 25 | $13.8M | $5.2M | ||
| Q4 24 | $13.8M | $5.1M | ||
| Q3 24 | $14.3M | $5.5M | ||
| Q2 24 | $16.3M | $5.3M | ||
| Q1 24 | $13.5M | $4.5M |
| Q4 25 | $698.0K | $1.0M | ||
| Q3 25 | $976.0K | $1.3M | ||
| Q2 25 | $1.2M | $908.8K | ||
| Q1 25 | $613.0K | $913.0K | ||
| Q4 24 | $847.0K | $326.2K | ||
| Q3 24 | $862.0K | $1.3M | ||
| Q2 24 | $1.6M | $1.4M | ||
| Q1 24 | $576.0K | $629.9K |
| Q4 25 | 37.1% | 67.6% | ||
| Q3 25 | 39.7% | 68.3% | ||
| Q2 25 | 36.8% | 64.1% | ||
| Q1 25 | 39.0% | 65.8% | ||
| Q4 24 | 37.6% | 65.3% | ||
| Q3 24 | 38.5% | 73.9% | ||
| Q2 24 | 42.0% | 70.2% | ||
| Q1 24 | 40.2% | 69.2% |
| Q4 25 | 6.9% | 19.3% | ||
| Q3 25 | 7.4% | 19.5% | ||
| Q2 25 | 8.0% | 15.5% | ||
| Q1 25 | 3.3% | 12.7% | ||
| Q4 24 | 4.9% | 5.7% | ||
| Q3 24 | 5.2% | 25.4% | ||
| Q2 24 | 10.5% | 25.4% | ||
| Q1 24 | 2.4% | 12.4% |
| Q4 25 | 5.0% | 14.1% | ||
| Q3 25 | 6.6% | 18.2% | ||
| Q2 25 | 7.5% | 13.0% | ||
| Q1 25 | 4.4% | 17.5% | ||
| Q4 24 | 6.1% | 6.5% | ||
| Q3 24 | 6.0% | 23.3% | ||
| Q2 24 | 10.1% | 26.6% | ||
| Q1 24 | 4.3% | 14.1% |
| Q4 25 | $0.06 | $0.10 | ||
| Q3 25 | $0.09 | $0.11 | ||
| Q2 25 | $0.12 | $0.08 | ||
| Q1 25 | $0.06 | $0.08 | ||
| Q4 24 | $0.07 | $0.02 | ||
| Q3 24 | $0.08 | $0.11 | ||
| Q2 24 | $0.15 | $0.13 | ||
| Q1 24 | $0.05 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.0M | $28.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $58.1M |
| Total Assets | $74.1M | $64.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.0M | $28.7M | ||
| Q3 25 | $17.7M | $26.2M | ||
| Q2 25 | $14.5M | $24.5M | ||
| Q1 25 | $13.4M | $22.5M | ||
| Q4 24 | $18.6M | $22.5M | ||
| Q3 24 | $18.4M | $25.2M | ||
| Q2 24 | $16.2M | $23.7M | ||
| Q1 24 | $18.5M | $25.0M |
| Q4 25 | $62.5M | $58.1M | ||
| Q3 25 | $62.5M | $57.3M | ||
| Q2 25 | $62.2M | $55.9M | ||
| Q1 25 | $61.7M | $53.1M | ||
| Q4 24 | $62.2M | $53.1M | ||
| Q3 24 | $62.1M | $52.8M | ||
| Q2 24 | $62.0M | $51.1M | ||
| Q1 24 | $61.6M | $50.1M |
| Q4 25 | $74.1M | $64.5M | ||
| Q3 25 | $73.9M | $61.9M | ||
| Q2 25 | $73.2M | $60.6M | ||
| Q1 25 | $72.2M | $56.9M | ||
| Q4 24 | $73.7M | $57.5M | ||
| Q3 24 | $73.3M | $55.9M | ||
| Q2 24 | $72.7M | $54.0M | ||
| Q1 24 | $72.7M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $318.0K | $2.9M |
| Free Cash FlowOCF − Capex | $51.0K | $2.5M |
| FCF MarginFCF / Revenue | 0.4% | 34.9% |
| Capex IntensityCapex / Revenue | 1.9% | 5.0% |
| Cash ConversionOCF / Net Profit | 0.46× | 2.83× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.0K | $2.9M | ||
| Q3 25 | $3.9M | $2.2M | ||
| Q2 25 | $2.1M | $1.5M | ||
| Q1 25 | $-4.0M | $641.5K | ||
| Q4 24 | $2.4M | $2.0M | ||
| Q3 24 | $5.3M | $1.7M | ||
| Q2 24 | $-873.0K | $-955.8K | ||
| Q1 24 | $-1.2M | $-298.0K |
| Q4 25 | $51.0K | $2.5M | ||
| Q3 25 | $3.8M | $1.6M | ||
| Q2 25 | $1.9M | $1.4M | ||
| Q1 25 | $-4.1M | $513.4K | ||
| Q4 24 | $970.0K | $1.9M | ||
| Q3 24 | $3.2M | $1.5M | ||
| Q2 24 | $-1.0M | $-1.1M | ||
| Q1 24 | $-1.3M | $-433.6K |
| Q4 25 | 0.4% | 34.9% | ||
| Q3 25 | 25.9% | 22.6% | ||
| Q2 25 | 11.7% | 19.9% | ||
| Q1 25 | -29.6% | 9.9% | ||
| Q4 24 | 7.0% | 38.5% | ||
| Q3 24 | 22.3% | 28.2% | ||
| Q2 24 | -6.2% | -20.9% | ||
| Q1 24 | -9.3% | -9.7% |
| Q4 25 | 1.9% | 5.0% | ||
| Q3 25 | 0.7% | 8.6% | ||
| Q2 25 | 0.8% | 1.0% | ||
| Q1 25 | 1.0% | 2.5% | ||
| Q4 24 | 10.4% | 0.9% | ||
| Q3 24 | 15.1% | 3.0% | ||
| Q2 24 | 0.8% | 2.9% | ||
| Q1 24 | 0.6% | 3.0% |
| Q4 25 | 0.46× | 2.83× | ||
| Q3 25 | 4.02× | 1.72× | ||
| Q2 25 | 1.68× | 1.61× | ||
| Q1 25 | -6.46× | 0.70× | ||
| Q4 24 | 2.85× | 6.11× | ||
| Q3 24 | 6.18× | 1.34× | ||
| Q2 24 | -0.53× | -0.68× | ||
| Q1 24 | -2.03× | -0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APT
| Other | $7.3M | 53% |
| Disposable Protective Apparel | $6.6M | 47% |
CODA
| Segment Reporting | $3.1M | 42% |
| Transferred At Point In Time | $1.8M | 24% |
| Precision Acoustics Limited | $1.3M | 18% |
| Other | $1.1M | 15% |
