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Side-by-side financial comparison of Coda Octopus Group, Inc. (CODA) and SUTRO BIOPHARMA, INC. (STRO). Click either name above to swap in a different company.

SUTRO BIOPHARMA, INC. is the larger business by last-quarter revenue ($11.6M vs $7.3M, roughly 1.6× Coda Octopus Group, Inc.). On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs -21.4%). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs -5.4%).

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...

Sutro Biopharma, Inc. is a publicly traded biotechnology company headquartered in South San Francisco, California focused on clinical-stage drug discovery, development and manufacturing. Using a proprietary cell-free protein synthesis platform, Sutro is working on oncology therapeutics using protein engineering and rational design. Founded in 2003 under the name Fundamental Applied Biology, the company name changed to Sutro Biopharma in 2009. William Newell, CEO as of 2024, joined Sutro in Ja...

CODA vs STRO — Head-to-Head

Bigger by revenue
STRO
STRO
1.6× larger
STRO
$11.6M
$7.3M
CODA
Growing faster (revenue YoY)
CODA
CODA
+65.2% gap
CODA
43.8%
-21.4%
STRO
Faster 2-yr revenue CAGR
CODA
CODA
Annualised
CODA
27.7%
-5.4%
STRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CODA
CODA
STRO
STRO
Revenue
$7.3M
$11.6M
Net Profit
$1.0M
Gross Margin
67.6%
Operating Margin
19.3%
Net Margin
14.1%
Revenue YoY
43.8%
-21.4%
Net Profit YoY
214.3%
35.4%
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
STRO
STRO
Q4 25
$7.3M
$11.6M
Q3 25
$7.1M
$9.7M
Q2 25
$7.0M
$63.7M
Q1 25
$5.2M
$17.4M
Q4 24
$5.1M
$14.8M
Q3 24
$5.5M
$8.5M
Q2 24
$5.3M
$25.7M
Q1 24
$4.5M
$13.0M
Net Profit
CODA
CODA
STRO
STRO
Q4 25
$1.0M
Q3 25
$1.3M
$-56.9M
Q2 25
$908.8K
$-11.5M
Q1 25
$913.0K
$-76.0M
Q4 24
$326.2K
$-72.4M
Q3 24
$1.3M
$-48.8M
Q2 24
$1.4M
$-48.0M
Q1 24
$629.9K
$-58.2M
Gross Margin
CODA
CODA
STRO
STRO
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
STRO
STRO
Q4 25
19.3%
Q3 25
19.5%
-499.9%
Q2 25
15.5%
-5.2%
Q1 25
12.7%
-393.8%
Q4 24
5.7%
-440.7%
Q3 24
25.4%
-797.2%
Q2 24
25.4%
-189.4%
Q1 24
12.4%
-435.0%
Net Margin
CODA
CODA
STRO
STRO
Q4 25
14.1%
Q3 25
18.2%
-586.6%
Q2 25
13.0%
-18.0%
Q1 25
17.5%
-436.6%
Q4 24
6.5%
-489.2%
Q3 24
23.3%
-572.6%
Q2 24
26.6%
-186.8%
Q1 24
14.1%
-447.5%
EPS (diluted)
CODA
CODA
STRO
STRO
Q4 25
$0.10
Q3 25
$0.11
$-0.67
Q2 25
$0.08
$-0.14
Q1 25
$0.08
$-0.91
Q4 24
$0.02
$-27.63
Q3 24
$0.11
$-0.59
Q2 24
$0.13
$-0.59
Q1 24
$0.06
$-0.59

Balance Sheet & Financial Strength

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

Metric
CODA
CODA
STRO
STRO
Cash + ST InvestmentsLiquidity on hand
$28.7M
$141.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.1M
$-132.5M
Total Assets
$64.5M
$173.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CODA
CODA
STRO
STRO
Q4 25
$28.7M
$141.4M
Q3 25
$26.2M
$167.6M
Q2 25
$24.5M
$205.1M
Q1 25
$22.5M
$249.0M
Q4 24
$22.5M
$316.9M
Q3 24
$25.2M
$388.3M
Q2 24
$23.7M
$375.6M
Q1 24
$25.0M
$267.6M
Stockholders' Equity
CODA
CODA
STRO
STRO
Q4 25
$58.1M
$-132.5M
Q3 25
$57.3M
$-87.3M
Q2 25
$55.9M
$-32.1M
Q1 25
$53.1M
$-25.8M
Q4 24
$53.1M
$44.6M
Q3 24
$52.8M
$111.2M
Q2 24
$51.1M
$152.2M
Q1 24
$50.1M
$98.0M
Total Assets
CODA
CODA
STRO
STRO
Q4 25
$64.5M
$173.8M
Q3 25
$61.9M
$209.7M
Q2 25
$60.6M
$262.4M
Q1 25
$56.9M
$321.4M
Q4 24
$57.5M
$387.2M
Q3 24
$55.9M
$451.8M
Q2 24
$54.0M
$489.0M
Q1 24
$53.0M
$403.4M

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
STRO
STRO
Operating Cash FlowLast quarter
$2.9M
$-177.2M
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
STRO
STRO
Q4 25
$2.9M
$-177.2M
Q3 25
$2.2M
$-38.2M
Q2 25
$1.5M
$-44.7M
Q1 25
$641.5K
$-67.9M
Q4 24
$2.0M
$-71.7M
Q3 24
$1.7M
$-64.5M
Q2 24
$-955.8K
$9.5M
Q1 24
$-298.0K
$-64.7M
Free Cash Flow
CODA
CODA
STRO
STRO
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
STRO
STRO
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
STRO
STRO
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
STRO
STRO
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%

STRO
STRO

Segment breakdown not available.

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