Earnings summaries and quarterly performance for Coda Octopus Group.
Executive leadership at Coda Octopus Group.
Board of directors at Coda Octopus Group.
Research analysts who have asked questions during Coda Octopus Group earnings calls.
Brian Kinstlinger
Alliance Global Partners
3 questions for CODA
Also covers: AI, ALAR, ATER +24 more
JD
John Deysher
Pinnacle
3 questions for CODA
Also covers: CRWS, ULBI, WEYS
RD
Richard Deitch
Private Investor
3 questions for CODA
Kevin
Alliance Global Partners
2 questions for CODA
Kevin Oleskewicz
Alliance Global Partners
2 questions for CODA
William Bremer
Vanquish Capital Partners
2 questions for CODA
Also covers: FTEK
Andrew Scott
Morgan Stanley
1 question for CODA
Also covers: JHX, SURG, VBNK
RD
Richard Deutsch
Sutter Securities
1 question for CODA
Steve Emerson
Emerson Investment Group
1 question for CODA
Also covers: GV, VENU
Recent press releases and 8-K filings for CODA.
Coda Octopus Group Reports Strong Fiscal Year 2025 Results, Focuses on Acquisitions and DAVD Adoption
CODA
Earnings
Revenue Acceleration/Inflection
M&A
- Coda Octopus Group reported total revenue of $26.6 million for fiscal year 2025, a 30.7% increase from fiscal year 2024, with net income after taxes of $4.1 million or $0.37 per diluted share.
- The company's core Marine Technology business saw revenue increase by 3.2% to $13.2 million, while the newly added Acoustic Sensors and Materials business contributed $5.4 million in revenue.
- Hardware sales increased by 30.5% to $9.5 million in fiscal year 2025.
- Coda Octopus successfully concluded the hardening program for the untethered Diver Augmented Vision Display (DAVD) system in fiscal year 2025, delivering 60 new generation systems and securing an initial order of 16 systems for U.S. Special Forces.
- The company ended fiscal year 2025 with $28.7 million in cash and cash equivalents and no debt, and is actively seeking to complete an accretive value-added acquisition in fiscal year 2026.
Jan 29, 2026, 3:00 PM
Coda Octopus Group Reports Fiscal Year 2025 Results
CODA
Earnings
Product Launch
M&A
- Consolidated net revenue for fiscal year 2025 increased by 30.7% compared to fiscal year 2024.
- Net income after taxes for fiscal year 2025 was $4.1 million, or $0.37 per diluted share, up from $3.6 million or $0.32 per diluted share in fiscal year 2024.
- The company ended fiscal year 2025 with $28.7 million in cash and cash equivalents and no debt.
- Key product developments include the launch of the NanoGen series of ultra-compact 3D sonars and the successful conclusion of the DAVD untethered system hardening program, with a small batch of 60 new generation systems delivered.
- Coda Octopus Group plans to actively pursue another acquisition in fiscal year 2026 as part of its M&A strategy.
Jan 29, 2026, 3:00 PM
Coda Octopus Group Reports Strong Fiscal Year 2025 Financial Results
CODA
Earnings
M&A
Product Launch
- Coda Octopus Group reported total revenue of $26.6 million for fiscal year 2025, marking a 30.7% increase from the previous year, alongside net income of $4.1 million and diluted EPS of $0.37.
- The Precision Acoustics Limited acquisition significantly contributed to growth, adding $5.4 million in revenue and 20.4% to net consolidated revenue in fiscal year 2025.
- The company successfully completed the DAVD untethered hardening program and achieved $3.7 million in DAVD sales in fiscal year 2025, with expectations for increased international adoption and higher sales in fiscal year 2026.
- Coda Octopus concluded fiscal year 2025 with a robust balance sheet, reporting $28.7 million in cash and cash equivalents and no debt as of October 31, 2025.
- Management emphasized a continued focus on its M&A strategy, actively pursuing another acquisition in fiscal year 2026 to drive further growth.
Jan 29, 2026, 3:00 PM
Coda Octopus Group Reports Fiscal 2025 Financial Results
CODA
Earnings
Revenue Acceleration/Inflection
Product Launch
- Coda Octopus Group reported a 30.7% increase in total revenue to $26.6 million in fiscal year 2025 (FY2025) compared to $20.3 million in FY2024.
- Net income grew by 13.3% to $4.1 million in FY2025, with diluted earnings per share reaching $0.37.
- The company's DAVD and related sales increased to approximately $3.7 million in FY2025 from $1.2 million in FY2024, and Echoscope equipment sales rose 30.5% to $9.4 million.
- Strategic progress included the completion of the "Joint Funded DUS Hardening Program" and the delivery of 16 next-generation DUS Systems to the U.S. Navy, alongside the launch of the NANO Gen Series sonar.
- The acquisition of Precision Acoustics Limited (PAL) on October 29, 2024, contributed $5.4 million in revenue from the Acoustics Sensors and Material Business in FY2025.
Jan 29, 2026, 12:00 PM
Coda Octopus Group Reports Q3 2025 Financial Results and Key Product Milestones
CODA
Earnings
Product Launch
Revenue Acceleration/Inflection
- Coda Octopus Group reported total revenue of $7.1 million for Q3 2025, marking a 29.0% increase compared to $5.5 million in Q3 2024. This growth was primarily driven by a 30.7% increase in the marine technology business revenue to $4.0 million and a $1.5 million contribution from the newly acquired Precision Acoustics Ltd.
- The company's operating income decreased by 0.8% to $1.38 million in Q3 2025, compared to $1.39 million in Q3 2024, with the consolidated gross margin at 68.3% versus 73.9% in the prior year period.
- Coda Octopus Group launched its NanoGen series of ultra-small form factor 3D sonars and successfully delivered 16 DAVD untethered systems to the U.S. Navy for special forces evaluation during Q3 2025.
- The company anticipates DAVD-related revenue to reach $4 million for the current fiscal year, a significant increase from $1.2 million in the previous year, as it continues to focus on expanding its presence in the defense market.
Sep 15, 2025, 2:00 PM
Coda Octopus Group Reports Fiscal Third Quarter 2025 Financial Results
CODA
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Coda Octopus Group reported a 29.0% increase in total revenue, reaching $7.1 million for its fiscal third quarter ended July 31, 2025 (TQ2025), up from $5.5 million in TQ2024.
- Net income for TQ2025 increased by 0.7% to $1.28 million, with diluted earnings per share remaining flat at $0.11 compared to TQ2024.
- The company delivered 16 DAVD untethered systems to the U.S. Navy and completed final deliverables under the DAVD Hardening Program for a foreign navy in TQ2025.
- DAVD and related sales for TQ2025 were approximately $1.5 million, with a fiscal year 2025 target of $3.5 million to $4.0 million.
- The cash balance at the end of TQ2025 was $26.2 million, an increase of $3.7 million over October 31, 2024.
Sep 15, 2025, 11:00 AM
Quarterly earnings call transcripts for Coda Octopus Group.
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