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

Laird Superfood, Inc. is the larger business by last-quarter revenue ($13.3M vs $7.3M, roughly 1.8× Coda Octopus Group, Inc.). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -13.2%, a 27.3% gap on every dollar of revenue. On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs 15.0%). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs 16.1%).

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...

Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.

CODA vs LSF — Head-to-Head

Bigger by revenue
LSF
LSF
1.8× larger
LSF
$13.3M
$7.3M
CODA
Growing faster (revenue YoY)
CODA
CODA
+28.8% gap
CODA
43.8%
15.0%
LSF
Higher net margin
CODA
CODA
27.3% more per $
CODA
14.1%
-13.2%
LSF
Faster 2-yr revenue CAGR
CODA
CODA
Annualised
CODA
27.7%
16.1%
LSF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CODA
CODA
LSF
LSF
Revenue
$7.3M
$13.3M
Net Profit
$1.0M
$-1.8M
Gross Margin
67.6%
34.1%
Operating Margin
19.3%
-13.5%
Net Margin
14.1%
-13.2%
Revenue YoY
43.8%
15.0%
Net Profit YoY
214.3%
-341.4%
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
CODA
CODA
LSF
LSF
Q4 25
$7.3M
$13.3M
Q3 25
$7.1M
$12.9M
Q2 25
$7.0M
$12.0M
Q1 25
$5.2M
$11.7M
Q4 24
$5.1M
$11.6M
Q3 24
$5.5M
$11.8M
Q2 24
$5.3M
$10.0M
Q1 24
$4.5M
$9.9M
Net Profit
CODA
CODA
LSF
LSF
Q4 25
$1.0M
$-1.8M
Q3 25
$1.3M
$-975.1K
Q2 25
$908.8K
$-362.2K
Q1 25
$913.0K
$-156.2K
Q4 24
$326.2K
$-398.4K
Q3 24
$1.3M
$-166.1K
Q2 24
$1.4M
$-239.1K
Q1 24
$629.9K
$-1.0M
Gross Margin
CODA
CODA
LSF
LSF
Q4 25
67.6%
34.1%
Q3 25
68.3%
36.5%
Q2 25
64.1%
39.9%
Q1 25
65.8%
41.9%
Q4 24
65.3%
38.6%
Q3 24
73.9%
43.0%
Q2 24
70.2%
41.8%
Q1 24
69.2%
40.0%
Operating Margin
CODA
CODA
LSF
LSF
Q4 25
19.3%
-13.5%
Q3 25
19.5%
-7.7%
Q2 25
15.5%
-3.3%
Q1 25
12.7%
-1.9%
Q4 24
5.7%
-4.1%
Q3 24
25.4%
-2.3%
Q2 24
25.4%
-3.4%
Q1 24
12.4%
-11.0%
Net Margin
CODA
CODA
LSF
LSF
Q4 25
14.1%
-13.2%
Q3 25
18.2%
-7.6%
Q2 25
13.0%
-3.0%
Q1 25
17.5%
-1.3%
Q4 24
6.5%
-3.4%
Q3 24
23.3%
-1.4%
Q2 24
26.6%
-2.4%
Q1 24
14.1%
-10.3%
EPS (diluted)
CODA
CODA
LSF
LSF
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
CODA
CODA
LSF
LSF
Cash + ST InvestmentsLiquidity on hand
$28.7M
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.1M
$11.5M
Total Assets
$64.5M
$19.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CODA
CODA
LSF
LSF
Q4 25
$28.7M
$5.1M
Q3 25
$26.2M
$5.1M
Q2 25
$24.5M
$3.9M
Q1 25
$22.5M
$7.0M
Q4 24
$22.5M
$8.3M
Q3 24
$25.2M
$7.9M
Q2 24
$23.7M
$7.6M
Q1 24
$25.0M
$7.1M
Stockholders' Equity
CODA
CODA
LSF
LSF
Q4 25
$58.1M
$11.5M
Q3 25
$57.3M
$12.8M
Q2 25
$55.9M
$13.4M
Q1 25
$53.1M
$13.3M
Q4 24
$53.1M
$13.2M
Q3 24
$52.8M
$13.1M
Q2 24
$51.1M
$12.6M
Q1 24
$50.1M
$12.7M
Total Assets
CODA
CODA
LSF
LSF
Q4 25
$64.5M
$19.2M
Q3 25
$61.9M
$18.9M
Q2 25
$60.6M
$20.4M
Q1 25
$56.9M
$21.5M
Q4 24
$57.5M
$19.3M
Q3 24
$55.9M
$18.8M
Q2 24
$54.0M
$18.0M
Q1 24
$53.0M
$17.6M

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
LSF
LSF
Operating Cash FlowLast quarter
$2.9M
$68.4K
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
CODA
CODA
LSF
LSF
Q4 25
$2.9M
$68.4K
Q3 25
$2.2M
$1.2M
Q2 25
$1.5M
$-2.8M
Q1 25
$641.5K
$-1.3M
Q4 24
$2.0M
$339.2K
Q3 24
$1.7M
$305.8K
Q2 24
$-955.8K
$642.7K
Q1 24
$-298.0K
$-422.3K
Free Cash Flow
CODA
CODA
LSF
LSF
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
CODA
CODA
LSF
LSF
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
CODA
CODA
LSF
LSF
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
CODA
CODA
LSF
LSF
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

CODA
CODA

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

LSF
LSF

Wholesale$7.0M52%
Coffee Tea And Hot Chocolate Products$4.4M33%
Hydration And Beverage Enhancing Supplements$1.6M12%
Other$352.6K3%

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