Coda Octopus Group vs Unusual Machines
Coda Octopus Group is the larger business, with $26.6m of revenue in fiscal 2025 against $11.2m for Unusual Machines (2.4 times as much). Unusual Machines grew faster (101.2% against 30.7%). Coda Octopus Group kept more of each dollar of sales as profit: a net margin of 15.5% against -171.4%.
| Latest fiscal year | Coda Octopus GroupCODA, 2025 | Unusual MachinesUMAC, 2025 |
|---|---|---|
| Revenue | $26.6m | $11.2m |
| Revenue growth | 30.7% | 101.2% |
| Net income | $4.1m | −$19.2m |
| Operating margin | — | -224.6% |
| Net margin | 15.5% | -171.4% |
| Return on equity | 7.4% | -20.2% |
| Free cash flow | $6.0m | −$23.2m |
| Cash | $28.7m | $103m |
| Total debt | $0 | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 100 | 141 |
| Market value | $105m | $727m |
| Price vs our value range | Below our value range | — |
| Moat score | 77 (Strong) | — |
| Insider trades, 12 months | 0 buys, 4 sales | 0 buys, 22 sales |