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

Assertio Holdings, Inc. is the larger business by last-quarter revenue ($13.5M vs $7.3M, roughly 1.9× Coda Octopus Group, Inc.). On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs -57.9%). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs -35.4%).

Assertio Therapeutics, Inc. is an American specialty pharmaceutical company. It mainly markets products for treatment in neurology, pain and diseases of the central nervous system. Depomed was founded in 1995 and is headquartered in Newark, California. It is a publicly traded company on NASDAQ, with several products approved by the United States Food and Drug Administration (FDA). On August 15, 2018, the company announced its name change from Depomed, Inc., to Assertio Therapeutics, Inc. As o...

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...

ASRT vs CODA — Head-to-Head

Bigger by revenue
ASRT
ASRT
1.9× larger
ASRT
$13.5M
$7.3M
CODA
Growing faster (revenue YoY)
CODA
CODA
+101.7% gap
CODA
43.8%
-57.9%
ASRT
Faster 2-yr revenue CAGR
CODA
CODA
Annualised
CODA
27.7%
-35.4%
ASRT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASRT
ASRT
CODA
CODA
Revenue
$13.5M
$7.3M
Net Profit
$1.0M
Gross Margin
67.6%
Operating Margin
-86.7%
19.3%
Net Margin
14.1%
Revenue YoY
-57.9%
43.8%
Net Profit YoY
214.3%
EPS (diluted)
$-4.54
$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
ASRT
ASRT
CODA
CODA
Q4 25
$13.5M
$7.3M
Q3 25
$49.5M
$7.1M
Q2 25
$29.2M
$7.0M
Q1 25
$26.5M
$5.2M
Q4 24
$32.2M
$5.1M
Q3 24
$29.2M
$5.5M
Q2 24
$31.1M
$5.3M
Q1 24
$32.4M
$4.5M
Net Profit
ASRT
ASRT
CODA
CODA
Q4 25
$1.0M
Q3 25
$11.4M
$1.3M
Q2 25
$-16.4M
$908.8K
Q1 25
$-13.5M
$913.0K
Q4 24
$326.2K
Q3 24
$-2.9M
$1.3M
Q2 24
$-3.7M
$1.4M
Q1 24
$-4.5M
$629.9K
Gross Margin
ASRT
ASRT
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
ASRT
ASRT
CODA
CODA
Q4 25
-86.7%
19.3%
Q3 25
23.2%
19.5%
Q2 25
-27.5%
15.5%
Q1 25
-50.0%
12.7%
Q4 24
-41.9%
5.7%
Q3 24
-10.4%
25.4%
Q2 24
-11.6%
25.4%
Q1 24
-13.4%
12.4%
Net Margin
ASRT
ASRT
CODA
CODA
Q4 25
14.1%
Q3 25
23.1%
18.2%
Q2 25
-56.0%
13.0%
Q1 25
-51.1%
17.5%
Q4 24
6.5%
Q3 24
-10.0%
23.3%
Q2 24
-11.8%
26.6%
Q1 24
-13.9%
14.1%
EPS (diluted)
ASRT
ASRT
CODA
CODA
Q4 25
$-4.54
$0.10
Q3 25
$0.11
$0.11
Q2 25
$-0.17
$0.08
Q1 25
$-0.14
$0.08
Q4 24
$-3.28
$0.02
Q3 24
$-0.03
$0.11
Q2 24
$-0.04
$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
ASRT
ASRT
CODA
CODA
Cash + ST InvestmentsLiquidity on hand
$63.4M
$28.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$94.0M
$58.1M
Total Assets
$267.0M
$64.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASRT
ASRT
CODA
CODA
Q4 25
$63.4M
$28.7M
Q3 25
$93.4M
$26.2M
Q2 25
$98.2M
$24.5M
Q1 25
$87.3M
$22.5M
Q4 24
$100.1M
$22.5M
Q3 24
$88.6M
$25.2M
Q2 24
$88.4M
$23.7M
Q1 24
$80.7M
$25.0M
Total Debt
ASRT
ASRT
CODA
CODA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$38.6M
Stockholders' Equity
ASRT
ASRT
CODA
CODA
Q4 25
$94.0M
$58.1M
Q3 25
$105.8M
$57.3M
Q2 25
$93.3M
$55.9M
Q1 25
$108.5M
$53.1M
Q4 24
$121.1M
$53.1M
Q3 24
$130.5M
$52.8M
Q2 24
$132.2M
$51.1M
Q1 24
$134.5M
$50.1M
Total Assets
ASRT
ASRT
CODA
CODA
Q4 25
$267.0M
$64.5M
Q3 25
$319.8M
$61.9M
Q2 25
$273.8M
$60.6M
Q1 25
$286.4M
$56.9M
Q4 24
$284.7M
$57.5M
Q3 24
$276.0M
$55.9M
Q2 24
$279.4M
$54.0M
Q1 24
$282.0M
$53.0M
Debt / Equity
ASRT
ASRT
CODA
CODA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
ASRT
ASRT
CODA
CODA
Operating Cash FlowLast quarter
$-30.0M
$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
ASRT
ASRT
CODA
CODA
Q4 25
$-30.0M
$2.9M
Q3 25
$-4.8M
$2.2M
Q2 25
$19.1M
$1.5M
Q1 25
$-12.5M
$641.5K
Q4 24
$11.5M
$2.0M
Q3 24
$-35.0K
$1.7M
Q2 24
$7.4M
$-955.8K
Q1 24
$7.5M
$-298.0K
Free Cash Flow
ASRT
ASRT
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
ASRT
ASRT
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
ASRT
ASRT
CODA
CODA
Q4 25
5.0%
Q3 25
8.6%
Q2 25
1.0%
Q1 25
2.5%
Q4 24
0.9%
Q3 24
0.0%
3.0%
Q2 24
2.9%
Q1 24
3.0%
Cash Conversion
ASRT
ASRT
CODA
CODA
Q4 25
2.83×
Q3 25
-0.42×
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

ASRT
ASRT

Products$12.8M95%
Other$719.0K5%

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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