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

Lake Shore Bancorp, Inc. is the larger business by last-quarter revenue ($7.4M vs $7.3M, roughly 1.0× Coda Octopus Group, Inc.). Lake Shore Bancorp, Inc. runs the higher net margin — 31.8% vs 14.1%, a 17.7% gap on every dollar of revenue. Lake Shore Bancorp, Inc. produced more free cash flow last quarter ($3.3M vs $2.5M).

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...

Lake Shore Bancorp, Inc. (Maryland) is a U.S. regional bank holding company that operates via its banking subsidiary, offering retail and commercial banking services including deposits, loans, mortgages and wealth management, primarily serving individuals and SMEs across local communities in Maryland.

CODA vs LSBK — Head-to-Head

Bigger by revenue
LSBK
LSBK
1.0× larger
LSBK
$7.4M
$7.3M
CODA
Higher net margin
LSBK
LSBK
17.7% more per $
LSBK
31.8%
14.1%
CODA
More free cash flow
LSBK
LSBK
$760.0K more FCF
LSBK
$3.3M
$2.5M
CODA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CODA
CODA
LSBK
LSBK
Revenue
$7.3M
$7.4M
Net Profit
$1.0M
$2.4M
Gross Margin
67.6%
Operating Margin
19.3%
38.4%
Net Margin
14.1%
31.8%
Revenue YoY
43.8%
Net Profit YoY
214.3%
EPS (diluted)
$0.10
$0.32

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
CODA
CODA
LSBK
LSBK
Q4 25
$7.3M
Q3 25
$7.1M
$7.4M
Q2 25
$7.0M
$6.9M
Q1 25
$5.2M
Q4 24
$5.1M
Q3 24
$5.5M
Q2 24
$5.3M
Q1 24
$4.5M
Net Profit
CODA
CODA
LSBK
LSBK
Q4 25
$1.0M
Q3 25
$1.3M
$2.4M
Q2 25
$908.8K
$1.9M
Q1 25
$913.0K
Q4 24
$326.2K
Q3 24
$1.3M
Q2 24
$1.4M
Q1 24
$629.9K
Gross Margin
CODA
CODA
LSBK
LSBK
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
CODA
CODA
LSBK
LSBK
Q4 25
19.3%
Q3 25
19.5%
38.4%
Q2 25
15.5%
33.2%
Q1 25
12.7%
Q4 24
5.7%
Q3 24
25.4%
Q2 24
25.4%
Q1 24
12.4%
Net Margin
CODA
CODA
LSBK
LSBK
Q4 25
14.1%
Q3 25
18.2%
31.8%
Q2 25
13.0%
27.7%
Q1 25
17.5%
Q4 24
6.5%
Q3 24
23.3%
Q2 24
26.6%
Q1 24
14.1%
EPS (diluted)
CODA
CODA
LSBK
LSBK
Q4 25
$0.10
Q3 25
$0.11
$0.32
Q2 25
$0.08
$0.34
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
CODA
CODA
LSBK
LSBK
Cash + ST InvestmentsLiquidity on hand
$28.7M
$83.6M
Total DebtLower is stronger
$2.0M
Stockholders' EquityBook value
$58.1M
$139.3M
Total Assets
$64.5M
$742.8M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CODA
CODA
LSBK
LSBK
Q4 25
$28.7M
Q3 25
$26.2M
$83.6M
Q2 25
$24.5M
$75.4M
Q1 25
$22.5M
Q4 24
$22.5M
Q3 24
$25.2M
Q2 24
$23.7M
Q1 24
$25.0M
Total Debt
CODA
CODA
LSBK
LSBK
Q4 25
Q3 25
$2.0M
Q2 25
$2.0M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CODA
CODA
LSBK
LSBK
Q4 25
$58.1M
Q3 25
$57.3M
$139.3M
Q2 25
$55.9M
$92.9M
Q1 25
$53.1M
Q4 24
$53.1M
Q3 24
$52.8M
Q2 24
$51.1M
Q1 24
$50.1M
Total Assets
CODA
CODA
LSBK
LSBK
Q4 25
$64.5M
Q3 25
$61.9M
$742.8M
Q2 25
$60.6M
$734.8M
Q1 25
$56.9M
Q4 24
$57.5M
Q3 24
$55.9M
Q2 24
$54.0M
Q1 24
$53.0M
Debt / Equity
CODA
CODA
LSBK
LSBK
Q4 25
Q3 25
0.01×
Q2 25
0.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CODA
CODA
LSBK
LSBK
Operating Cash FlowLast quarter
$2.9M
$3.3M
Free Cash FlowOCF − Capex
$2.5M
$3.3M
FCF MarginFCF / Revenue
34.9%
44.4%
Capex IntensityCapex / Revenue
5.0%
0.6%
Cash ConversionOCF / Net Profit
2.83×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CODA
CODA
LSBK
LSBK
Q4 25
$2.9M
Q3 25
$2.2M
$3.3M
Q2 25
$1.5M
$2.5M
Q1 25
$641.5K
Q4 24
$2.0M
Q3 24
$1.7M
Q2 24
$-955.8K
Q1 24
$-298.0K
Free Cash Flow
CODA
CODA
LSBK
LSBK
Q4 25
$2.5M
Q3 25
$1.6M
$3.3M
Q2 25
$1.4M
$2.0M
Q1 25
$513.4K
Q4 24
$1.9M
Q3 24
$1.5M
Q2 24
$-1.1M
Q1 24
$-433.6K
FCF Margin
CODA
CODA
LSBK
LSBK
Q4 25
34.9%
Q3 25
22.6%
44.4%
Q2 25
19.9%
28.5%
Q1 25
9.9%
Q4 24
38.5%
Q3 24
28.2%
Q2 24
-20.9%
Q1 24
-9.7%
Capex Intensity
CODA
CODA
LSBK
LSBK
Q4 25
5.0%
Q3 25
8.6%
0.6%
Q2 25
1.0%
7.7%
Q1 25
2.5%
Q4 24
0.9%
Q3 24
3.0%
Q2 24
2.9%
Q1 24
3.0%
Cash Conversion
CODA
CODA
LSBK
LSBK
Q4 25
2.83×
Q3 25
1.72×
1.42×
Q2 25
1.61×
1.31×
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

CODA
CODA

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

LSBK
LSBK

Segment breakdown not available.

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