Coda Octopus Group, Inc. income statement
In fiscal 2025, Coda Octopus Group, Inc. reported revenue of $26.6m, up 30.7% on the year before, operating income of $4.5m (a 17.1% margin) and net income of $4.1m, or $0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Oct 2009 | 2010Oct 2010 | 2016Oct 2016 | 2017Oct 2017 | 2018Oct 2018 | 2019Oct 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 12 | 21 | 18 | 18 | 25 | 20 | 21 | 22 | 19 | 20 | 27 | 29 |
| Cost of revenue | 6 | 6 | 8 | 6 | 5 | 9 | 7 | 7 | 7 | 6 | 6 | 9 | 10 |
| Gross profit | 7 | 5 | 13 | 12 | 13 | 16 | 13 | 15 | 15 | 13 | 14 | 18 | 19 |
| Research and development | 3 | 2 | 1 | 1 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 |
| Selling, general and administrative | 11 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 11 | 11 |
| Operating income | −7 | −3 | 6 | 4 | 3 | 6 | 3 | 4 | 5 | 3 | 4 | 5 | 6 |
| Interest expense | −2 | −2 | −1 | −1 | — | — | — | — | 0 | — | — | — | — |
| Net interest income | — | — | — | −1 | −0 | — | — | −0 | −0 | — | — | — | — |
| Income before tax | −9 | −2 | 5 | 3 | 3 | 6 | 3 | 5 | 5 | 3 | 5 | 6 | 7 |
| Income tax | −0 | — | 0 | −0 | 2 | −1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 |
| Net income | −9 | −2 | 5 | 3 | 5 | 5 | 3 | 5 | 4 | 3 | 4 | 4 | 5 |
| Diluted EPS | −$2.66 | −$0.56 | $0.58 | $0.36 | $0.49 | $0.49 | $0.30 | $0.44 | $0.38 | $0.28 | $0.32 | $0.37 | $0.45 |
| Diluted shares (average) | 3m | 4m | 8m | 9m | 10m | 11m | 11m | 11m | 11m | 11m | 11m | 11m | 11m |
| EBITDA | −6 | −3 | 6 | 5 | 4 | 7 | 4 | 5 | 6 | 3 | 4 | 5 | 7 |
| Quarter | 2024 Q4Oct 2024 | 2025 Q1Jan 2025 | 2025 Q2Apr 2025 | 2025 Q3Jul 2025 | 2025 Q4Oct 2025 | 2026 Q1Jan 2026 | 2026 Q2Apr 2026 | 2026 Q3Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,055 | 5,210 | 7,017 | 7,065 | 7,271 | 6,710 | 6,904 | 7,717 |
| Cost of revenue | 1,756 | 1,781 | 2,520 | 2,241 | 2,358 | 2,343 | 2,326 | 2,667 |
| Gross profit | 3,299 | 3,428 | 4,497 | 4,824 | 4,913 | 4,367 | 4,578 | 5,050 |
| Research and development | 718 | 543 | 690 | 572 | 642 | 606 | 648 | 729 |
| Selling, general and administrative | 2,294 | 2,223 | 2,720 | 2,871 | 2,864 | 2,751 | 2,137 | 2,788 |
| Operating income | 288 | 662 | 1,088 | 1,380 | 1,406 | 1,010 | 1,793 | 1,533 |
| Income before tax | 556 | 935 | 1,266 | 1,544 | 1,768 | 1,187 | 2,134 | 1,791 |
| Income tax | 230 | 22 | 357 | 261 | 743 | 256 | 436 | 402 |
| Net income | 326 | 913 | 909 | 1,283 | 1,025 | 931 | 1,698 | 1,390 |
| Diluted EPS | $0.03 | $0.08 | $0.08 | $0.11 | $0.10 | $0.08 | $0.15 | $0.12 |
| EBITDA | 464 | 868 | 1,307 | 1,612 | 1,625 | 1,239 | 1,995 | 1,761 |
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