Coda Octopus Group, Inc.
Financial highlights
| Metric | FY 10/31/25 | FY 10/31/24 | FY 10/31/23 | FY 10/31/22 | FY 10/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $26.6M | $20.3M | $19.4M | $22.2M | $21.3M |
| Cost of revenue | $8.9M | $6.1M | $6.3M | $7.0M | $6.6M |
| Gross profit | $17.7M | $14.2M | $13.0M | $15.2M | $14.8M |
| Selling, general & administrative | $10.7M | $8.3M | $8.2M | $7.9M | $7.9M |
| Research and development | $2.4M | $2.2M | $2.1M | $2.2M | $3.0M |
| Operating expenses | $13.1M | $10.6M | $10.3M | $10.2M | $10.9M |
| Operating income | $4.5M | $3.6M | $2.7M | $5.0M | $3.8M |
| Interest expense | — | — | — | $9,704 | — |
| Pretax income | $5.5M | $4.6M | $3.4M | $5.1M | $5.3M |
| Income tax expense | $1.4M | $965,292 | $297,079 | $831,114 | $305,479 |
| Net income | $4.1M | $3.6M | $3.1M | $4.3M | $4.9M |
| Balance Sheet | |||||
| Cash and equivalents | $28.7M | $22.5M | $24.4M | $22.9M | $17.7M |
| Current assets | $50.0M | $43.0M | $40.9M | $37.0M | $35.6M |
| Total assets | $64.5M | $57.5M | $51.8M | $46.9M | $45.5M |
| Current liabilities | $5.6M | $3.9M | $3.3M | $3.5M | $4.3M |
| Total liabilities | $6.4M | $4.4M | $3.4M | $3.5M | $4.4M |
| Stockholders' equity | $58.1M | $53.1M | $48.4M | $43.4M | $41.0M |
| Cash Flow Statement | |||||
| Cash from operations | $7.2M | $2.5M | $2.4M | $6.7M | $3.3M |
| Depreciation and amortization | $861,292 | $710,059 | $603,467 | $678,652 | $924,073 |
| Stock-based compensation | $224,786 | $137,676 | $645,196 | $1.1M | $1.1M |
| Capital expenditure | $1.2M | $502,525 | $2.0M | $466,471 | $850,894 |
| Free cash flow | $6.0M | $1.9M | $367,928 | $6.3M | $2.4M |
| Share repurchases | — | $15,633 | $17,963 | — | — |
| Impairments | — | — | — | $0 | $0 |
Shares outstanding 11.3M · Free float 58.8%
Annual filing data through FY ended October 31, 2025; float as of July 4, 2026.